Fortune 500: C-Store Countdown
By Greg Lindenberg on Jun. 08, 2016NEW YORK -- Convenience-store companies and oil company brands peppered the rankings of publicly traded companies in this year’s Fortune 500. Many are listed among CSP’s Top 101 Convenience Stores.
This year’s Fortune 500 marks the 62nd edition of the list of companies. In total, Fortune 500 companies represent two-thirds of the U.S. gross domestic product (GDP), with $12 trillion in revenues, $840 billion in profits and $17 trillion in market value, and which employ 27.9 million people worldwide.
Companies are ranked by total revenues for their respective fiscal years.
Here’s a countdown of the convenience and retail gasoline industry-related companies appearing on the 2016 Fortune 500 list:
Delek US (No. 445)
Delek US
Headquarters: Brentwood, Tenn.
Total Revenues: $5.8 billion
Retail Network: 375 Mapco convenience stores in seven states
TravelCenters of America (No. 439)
TravelCenters of America
Headquarters: Westlake, Ohio
Total Revenues: $5.9 billion
Retail Network: 253 travel centers in 43 states and Canada; 200 convenience stores, principally under the Minit Mart brand, in 11 states
Casey’s (No. 374)
Casey’s
Headquarters: Ankeny, Iowa
Total Revenues: $7.1 billion
Retail Network: 1,930 convenience stores in 14 states
CST Brands (No. 299)
CST Brands
Headquarters: San Antonio
Total Revenues: $9.8 billion
Retail Network: 2,000 convenience stores in 10 states and Canada; owns the general partner of CrossAmerica Partners LP, Allentown, Pa.
Western Refining (No. 289)
Western Refining
Headquarters: El Paso, Texas
Total Revenues: $9.8 billion
Retail Network: 260 gas station and convenience stores under the Giant, Mustang, Sundial and Howdy's brands in four states; owns 38% of the limited partnership interest in Northern Tier Energy LP, Tempe, Ariz., which operates 165 convenience stores and supports 100 franchised convenience stores under the SuperAmerica brand in three states.
CSP Top 101 (Western Refining)
CSP Top 101 (SuperAmerica)
Global Partners (No. 276)
Global Partners
Headquarters: Waltham, Mass.
Total Revenues: $10.3 billion
Retail Network: Distributes to 1,500 dealer-owned and 300 company-owned gas stations and convenience stores in 11 states
Murphy USA (No. 258)
Murphy USA
Headquarters: El Dorado, Ark.
Total Revenues: $10.9 billion
Retail Network: 1,335 gas stations and convenience stores in 24 states
Tesoro (No. 98)
Tesoro
Headquarters: San Antonio
Total Revenues: $28.2 billion
Retail Network: 1,800 dealer-owned and 600 company-owned and multi-site operator (MSO) gas stations and convenience stores under the Shell, Exxon, Mobil, USA Gasoline, ARCO and Tesoro brands in 14 states
World Fuel Services (No. 92)
World Fuel Services
Headquarters: Miami
Total Revenues: $30.4 billion
Retail Network: Acquired 57 convenience stores in four states from Pester Marketing in 2015; has made a series of wholesale distribution acquisitions, including Texor Petroleum Co. in 2008, TGS Petroleum Inc. in 2009, Lakeside Oil and Western Petroleum Co. in 2010 and CarterEnergy Corp. in 2012
CHS (No. 84)
CHS
Headquarters: Inver Grove Heights, Minn.
Total Revenues: $34.6 billion
Retail Network: 1,400 Cenex-branded gas stations and convenience stores in 19 states
Energy Transfer Equity (No. 65)
Energy Transfer Equity
Headquarters: Dallas
Total Revenues: $42.1 billion
Retail Network: ETE owns Energy Transfer Partners (ETP) and Sunoco LP, which operates 900 convenience stores--including 725 Stripes locations and the 175 Mid-Atlantic Convenience Stores (MACS), Tigermarket and Aloha locations--and distributes motor fuel in more than 30 states to 6,800 Sunoco-branded gas stations and convenience stores.
Marathon Petroleum (No. 42)
Marathon Petroleum
Headquarters: Findlay, Ohio
Total Revenues: $64.6 billion
Retail Network: Marathon Petroleum Corp. (MPC) subsidiary Speedway LLC owns 2,700 gas stations and convenience stores in 22 states.
Valero Energy (No. 32)
Valero Energy
Headquarters: San Antonio
Total Revenues: $81.8 billion
Retail Network: 7,500 dealer-owned Valero-branded gas stations and convenience stores in 44 states
Phillips 66 (No. 30)
Phillips 66
Headquarters: Houston
Total Revenues: $87.2 billion
Retail Network: 10,000 dealer-owned 76-, Conoco- and Phillips 66-branded gas stations and convenience stores in 47 states and the District of Columbia
Kroger (No. 17)
Kroger
Headquarters: Cincinnati
Total Revenues: $109.8 billion
Retail Network: Convenience Division includes 800 Kwik Shop, Loaf N' Jug, Quik Stop Markets, Tom Thumb Food Stores and Turkey Hill Minit Markets in 19 states
Chevron (No. 14)
Chevron
Headquarters: San Ramon, Calif.
Total Revenues: $131.1 million
Retail Network: 7,500 dealer-owned Chevron-branded gas stations and convenience stores in five states; 330 company-owned ExtraMile stores, and another 420 operated by franchisees, in three states
ExxonMobil (No. 2)
ExxonMobil
Headquarters: Irving, Texas
Total Revenues: $246.2 billion
Retail Network: 10,000 dealer-owned Exxon- and Mobil-branded gas stations and convenience stores in 46 states and the District of Columbia
Notable near-channel competitors
Wal-Mart (No. 1)
CVS Health (No. 7)
Walgreens (No. 19)
McDonald’s (No. 109)
Dollar General (No. 139)
Starbucks (No. 146)
SuperValu (No. 160)
Dollar Tree (No. 180)
Whole Foods (No. 181)
Yum Brands (No. 218)
Click here to view the full Fortune 500 list for 2016.