Corporate News

Corporate news affecting the convenience store industry

Marketing results significantly lower vs. previous quarters

HOUSTON --ConocoPhillips has reported first-quarter net income of $3.291 billion, or $2.34 per share, compared to $2.912 billion, or $2.05 per share, for the same quarter in 2005. Total revenues were $47.9 billion, versus $38.9 billion a year ago. We ended the quarter by successfully completing the...

Murphy Oil Corp. said that net income in first-quarter 2006 was $113.9 million, comparable to net income of $113.2 million in first-quarter 2005.

EL DORADO, Ark. -- Murphy Oil Corp. said that net income in first-quarter 2006 was $113.9 million (60 cents per diluted share), comparable to net income of $113.2 million (60 cents per diluted share) in first-quarter 2005. In 2006, substantially higher income for the company's exploration and...

Schlatter appointment part of global brand push

CHICAGO -- The Wm. Wrigley Jr. Co. said that Martin Schlatter has been named vice president and chief marketing officer, reporting to Bill Wrigley Jr., chairman, president and CEO. In this newly created role, Schlatter will be accountable for Wrigley's global marketing function, developing the...

Atwell joins confectionery company
Valero reports record 1Q earnings
Several sellers offering more than a dozen sites in sealed-bid sale
BP selling 23 sites
Analysts predict quick resale of Village Pantry chain after closing
Major oil company continues to add more dealer-, jobber-owned sites
Plans to offer 10 million shares at $14-$16 a share