Marathon Is Selling Speedway Gas Stations to 7-Eleven’s Parent for $21 Billion. The largest U.S. independent refining company will get cash, and 7-Eleven will add 4,000 convenience stores. As a subscriber, you have 10 gift articles to give each month.
Then, is Marathon Gas American owned?
Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
Also to know is, is Speedway gas any good?
Speedway fuel is not certified as Top Tier. … Speedway and all of its grades of fuel are compliant with all local, state, and federal regulations. Rest assured that Speedway’s priority is to consistently offer quality fuel at competitive prices without sacrificing standards.”
Is Speedway gas the same as marathon?
Marathon Petroleum completes sale of Speedway convenience stores to 7-Eleven. … The Finlay-based company is selling Speedway’s 3,900 locations to 7-Eleven. The deal was announced last August, several months after activist investors persuaded Marathon’s directors to reorganize the company.
Is Speedway owned by Shell?
Speedway is an American convenience store and gas station chain headquartered in Enon, Ohio, with locations primarily in the Midwest and the East Coast regions of the United States
| Type | Subsidiary |
|---|---|
| Number of employees | 40,230 (2018) |
| Parent | Seven & I Holdings via 7-Eleven |
| Website | www.speedway.com |
What brand gas is Circle K?
Fuel is sold under various brands, with the Circle K and Shell brands as the most common. Other brands of fuel sold at Circle K stores include Valero, BP, Exxon, Marathon, Irving, Mobil, and Phillips 66. Approximately 13% of stores worldwide do not sell gasoline.
What gas does Speedway use?
Safety Data Sheets
| Safety Data Sheet Name and Synonyms | Name | Product |
|---|---|---|
| Speedway Gasoline WITH Ethanol – All Grades (Regular, Mid Grade, Premium) | 0110SPE012.pdf | Gasoline |
| Speedway K 1 Kerosene | 0113SPE012.pdf | Kerosene |
| Speedway No 2 Ultra Low Sulfur Diesel | 0115SPE012.pdf | Diesel |
| Speedway Performance Motor Oil | 0117SPE012.pdf | Motor/Fuel Oil |
What gas stations did Speedway buy out?
The $21 billion acquisition of Marathon Petroleum Corp.’s 3,900-unit Speedway convenience-store network, which closed May 14, was the biggest deal in the industry’s history.
Where is Speedway gas from?
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.
Who is the largest gas station chain?
In 2020, Pilot Flying J generated revenues amounting to nearly 30 billion U.S. dollars, making it the largest privately owned company in the United States convenience store and gas station sector. As of 2019, Pilot fuel stations accounted for 0.44 percent of all fuel stations in the United States.
Who is the owner of Seven Eleven?
7-Eleven