The Speedway fuel brand’s market efficiency of 2.24 places it among the top 20 companies in the Fuels 50 ranking, and it priced its gasoline 3.22 cents per gallon below its market competition in 2017, according to OPIS.
Speedway LLC, Enon, Ohio, is a wholly owned subsidiary of Findlay, Ohio-based Marathon Petroleum Corp. It has gas stations and convenience stores in 22 states. Units are typically free-standing stores on or near busy intersections.
In 2017, Marathon underwent a strategic review process and decided to maintain control of its 2,677 stores. The network serves almost 4 million customers per day with in-store sales of close to $5 billion, and it moves 6 billion gallons of fuel annually.
Speedway is a licensee of Top Tier gasoline, and all retail locations must meet those quality standards. The company uses Gilbarco, Dresser Wayne and other fueling systems.
A key hallmark of the Speedway brand is its Speedy Rewards loyalty program. By purchasing food or merchandise, customers can earn points that can be redeemed for gift cards or free merchandise.