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Convenience Store Portfolio Management Strategies of Energy Companies

C-Store Dive · ·by G4L

SHEL Shell Plc ADR
$97.27 -1.63%
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BP -0.02%SUN SUN +0.81%
  1. 1Shell announced the acquisition of Tri Star Energy and 320 locations in September.
  2. 2Sunoco spent 9.1 billion dollars for the acquisition of Sunoco as part of the Parkland acquisition in mid-2025.
  3. 3BP increased its global number of convenience store locations by 70% between 2019 and 2023.

So what's the key point?

Energy companies are expanding their business areas by growing their convenience store operations. This means Shell, Sunoco, and BP are increasing their scale through acquisitions or by adding more locations.

Source C-Store Dive · View original ↗

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