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Company News

CrossAmerica Partners Reports ‘Historic’ Fourth-Quarter Profits

 By Diane Adam on Feb. 27, 2024

Fuel distributor, convenience-store operator attributes increase to higher motor fuel and merchandise gross profit

Company News

Delek US Holdings’ Fourth Quarter: Market Environment ‘Less Than Favorable’

 By Chuck Ulie on Feb. 27, 2024

Refiner, convenience-store operator sees net loss of $164.9 million

Company News

Parkland Highlights Record 2023 Earnings, Board of Director Changes in Year-End Report

By Hannah Hammond on Feb. 27, 2024

Fuel marketer and convenience-store retailer says Parkland USA EBITDA down for fourth quarter

Mergers & Acquisitions

Final 20% of Pilot Travel Centers Cost Berkshire Hathaway $2.6 Billion

By Chuck Ulie on Feb. 26, 2024

Figure disclosed in conglomerate’s annual report brings total price of acquisition to about $13.6 billion

Company News

Murphy USA Shares Loyalty Learnings, Digital Update

By Hannah Hammond on Feb. 08, 2024

Convenience-store chain also updates new-store growth plan for 2024

Tobacco

PMI Reports 39.3% of Total Net Revenues From Smoke-Free Products in Fourth Quarter

By Diane Adam on Feb. 08, 2024

IQOS has now surpassed Marlboro in terms of net revenues

Company News

bp Reports 7% Growth in Strategic Convenience Sites in Fourth Quarter

By Rachel Gignac on Feb. 07, 2024

When including TravelCenters of America data, that number reached 60%

Company News

Murphy USA Reaches Highest Fourth-Quarter Net Income, Adjusted EBITDA in Company History

By Hannah Hammond on Feb. 07, 2024

Convenience-store chain shares earnings, store growth goals in latest report

Company News

Parkland Shareholder Is ‘Very Concerned’ Over Recent Board Departures

By Hannah Hammond on Jan. 23, 2024

C-store, fuel company appoints new board member following criticism

Mergers & Acquisitions

Haslam Family Sells Remaining Interest in Pilot Travel Centers to Berkshire Hathaway

By Greg Lindenberg on Jan. 17, 2024

Warren Buffett now owns 100% of travel center company

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