Mid-Atlantic Convenience Stores (MACS), an investment platform backed by Catterton Partners, a consumer-focused private equity firm in North America, has acquired 58 convenience stores/fuel stations, located in Northern Virginia and Maryland, from Exxon Mobil Corp. Terms of the transaction were not disclosed. MACS is a convenience store operator in the Mid-Atlantic region and one of…
Sunoco Reports Q2 Results
Sunoco Inc. reported its 2010 second quarter results today, including a net income attributable to Sunoco shareholders of $145 million ($1.20 per share diluted) compared to a net loss attributable to Sunoco shareholders of $55 million ($.47 per share diluted) for the second quarter of 2009. “While market conditions during the second quarter remained challenging,…
Chevron Releases Corporate Responsibility Report
Chevron Corp. invested $144 million in communities around the world, adopted a human rights policy and completed major energy efficiency projects, according to the company’s 2009 Corporate Responsibility Report, The Value of Partnership, which was issued this week. “Global economic prosperity and quality of life depend on secure supplies of reliable, affordable energy,” said John…