17 C-Store, Fuel Companies Grab Spots on Fortune 500
By Greg Lindenberg on Jun. 21, 2017NEW YORK -- A diverse group of oil-company brands, refiner-marketers, energy and agribusiness companies and convenience and travel-center retailers achieved places throughout the 2017 Fortune 500.
Retailer Wal-Mart again took the No. 1 spot on the magazine’s annual list, with revenues of $485.9 billion. The Bentonville, Ark.-based company operates more than 11,000 physical stores in 28 countries and e-commerce websites in 11 countries.
Along with its Supercenters and other traditional retail outlets, the Bentonville, Ark.-based company is also expanding its online efforts and experimenting with pickup services and other formats such as convenience stores. It recently opened two Wal-Mart Pickup With Fuel locations, combining a c-store, gas station and click-and-collect location.
Fortune ranks companies by total revenues. It includes companies that are incorporated in and operate in the United States.
Here are the convenience-store retailers and companies with retail and wholesale fuel brands that made this year’s list …
ExxonMobil
Irving, Texas-based Exxon Mobil Corp. took the No. 4 spot on the Fortune 500 list, with revenues of $205 billion.
Exxon is No. 2 and Mobil is No. 7 on CSP’s Fuels 50: Top 10 by Market Share list.
Kroger
Cincinnati-based The Kroger Co., which has approximately 800 convenience stores, came in at No. 18 on the Fortune 500 list, with revenues of $115.3 billion.
Kroger is No. 10 on CSP’s C-Store Top 202 for 2017.
Chevron
San Ramon, Calif.-based Chevron Corp. ranked No. 19 on the Fortune 500 list, with revenues of $107.6 billion.
Chevron is No. 9 on CSP’s C-Store Top 202 for 2017.
Phillips 66
Houston-based Phillips 66 Co. took the No. 34 position in the Fortune 500 ranking, with revenues of $72.4 billion.
Valero
San Antonio-based Valero Energy Corp. took the No. 27 slot on the Fortune 500 list, with revenues of $70.2 billion.
Valero is No. 9 on CSP’s Fuels 50: Top 10 by Market Share list.
Energy Transfer Equity
Dallas-based Energy Transfer Equity LP (ETE) ranked at No. 79 on the Fortune 500 list, with revenues of $37.5 billion.
ETE's Sunoco LP is No. 6 in CSP’s C-Store Top 202 for 2017. Sunoco is No. 8 on CSP’s Fuels 50: Top 10 by Market Share list.
CHS
Inver Grove Heights, Minn.-based CHS Inc., which owns the Cenex retail cooperative network, is No. 93 on the Fortune 500 list, with revenues of $30.3 billion.
World Fuel Services
Miami-based World Fuel Services Corp., which owns several wholesale fuel distribution companies, came in at No. 103 on the Fortune 500 ranking, with revenues of $27 billion.
Tesoro
San Antonio-based Tesoro Corp., which recently acquired Western Refining Inc., is No. 117 on the Fortune 500 list, with revenues of $24 billion.
Murphy USA
El Dorado, Ark.-based Murphy USA occupies the No. 291 spot on the Fortune 500 list, with revenues of $9.6 billion.
Murphy USA is No. 5 on CSP’s C-Store Top 202 for 2017. It is No. 33 on CSP’s Fuels 50.
CST Brands
San Antonio-based CST Brands Inc., which is being acquired by Laval, Quebec-based Alimentation Couche-Tard (No. 2 on CSP’s C-Store Top 202 for 2017), took the No. 306 slot in the Fortune 500 ranking, with revenues of $9 billion.
Global Partners
Waltham, Mass.-based Global Partners LP grabbed the No. 334 spot on the Fortune 500 list, with revenues of $8.2 billion.
Global Partners is No. 33 on CSP’s C-Store Top 202 for 2017.
Western Refining Inc.
El Paso, Texas-based Western Refining Inc., which was recently acquired by Tesoro Corp., took the No. 349 spot on the Fortune 500 list, with revenues of $7.7 billion.
Western Refining is No. 16 on CSP’s C-Store Top 202 for 2017.
SpartanNash
Grand Rapids, Mich.-based grocery distributor SpartanNash Co., which also operates retail c-stores, is No. 350 in the Fortune 500 ranking, with revenues of $7.7 billion.
Casey’s General Stores
Ankeny, Iowa-based Casey’s General Stores Inc. ranked at No. 423 on the Fortune 500 list, with revenues of $6.3 billion.
Casey’s is No. 4 on CSP’s C-Store Top 202 for 2017.
TravelCenters of America
Westlake, Ohio-based TravelCenters of America Inc. came in at No. 470 on the Fortune 500 list, with revenues of $5.5 billion.
TravelCenters of America is No. 19 on CSP’s C-Store Top 202 for 2017.
Delek U.S. Holdings
Franklin, Tenn.-based Delek U.S. Holdings Inc. occupies No. 480 on the Fortune 500 list, with revenues of $5.4 billion.
Delek U.S.’s Mapco Express, which has been sold to Santiago, Chile-based Compania de Petroleos de Chile SA (COPEC), is No. 26 on CSP’s C-Store Top 202 for 2017.
- Click here to view the full 2017 Fortune 500 list.