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Home > Company Index > Retail > Convenience Stores & Gas Stations > Petro Stopping Centers, L.P.

Petro Stopping Centers, L.P.
 PROFILE
Petro Stopping Centers is the center of attention for truckers who need a petro stop. The firm operates 57 truck stops (almost half of them franchised) in 32 states. Its truck stops sell Mobil-brand diesel fuel, gas, and travel merchandise such as food, toiletries, truck accessories, and electronics. (Fuel accounts for almost 80% of sales.) The centers also provide Petro:Lube facilities (preventive maintenance services), showers, laundry services, game rooms, and Iron Skillet restaurants (home-style cooking). Chairman and CEO Jack Cardwell, who founded the company in 1975, and his son, SVP Jim, own 52% of the company. Truck maker Volvo has a 29% stake.

 COMPETITION
Flying J Inc. (dossier)
Pilot Corporation (dossier)
Ultramar Diamond Shamrock Corporation (UDS)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 719.90
1-Yr. Sales Growth: 13.0%
Employees: 4,208
Revenue per employee: $171,078.90

 KEY PEOPLE
• J. A. Cardwell
    CEO
• David A. Appleby
    CFO

 CONTACT INFO
6080 Surety Dr.
El Paso, TX 79905
US
Phone: 915-779-4711
Fax: 915-774-7382
Online: Web Site

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