Top Stories

CST Brands Corner Store

Strategic review ‘top of mind,’ company ‘working even harder to show we can do this’

SAN ANTONIO -- While coming short of providing the anticipated announcement of a sale of CST Brands Inc. , chairman and CEO Kim Lubel sought to offer some encouragement and positive financial results to soothe continued investor anxiety over the company’s value and performance. For the three-month...

Sunoco

‘Third-party acquisition activity has added significant scale’ to retail network

DALLAS -- Sunoco LP has agreed to purchase six convenience stores and fuel supply contracts with 127 wholesale dealers and 500 commercial customers in eastern Texas and Louisiana from Denny Oil Co. Inc. for approximately $55 million, president and CEO Bob Owens, said during Sunoco’s second-quarter...

Marathon Petroleum Corp. MPC Speedway

Second-quarter record shows why MPC likes to keep its convenience stores close

FINDLAY, Ohio -- Speedway LLC ’s convenience stores “will be a continuing source of value” to Marathon Petroleum Corp ., said Gary Heminger, chairman, president and CEO of MPC, during the company’s latest earnings call. He reiterated that the company has no intention of spinning off Speedway , as...

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