In the News

Current State of Downstream Master Limited Partnerships and M&A Activity in 2016

Master Limited Partnerships (MLPs) have been around for decades. However, in 2008, the IRS ruled that certain downstream energy assets, such as wholesale fuel sales to end users (dealers) and real estate associated with downstream assets, would qualify for MLP treatment. This served as a catalyst to spur investment and organizational structures to take advantage…

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Interview: Andy Weber, Corner Capital (By Retail Petroleum)

For this month’s Master Class Interview, we talked with Andy Weber, the founder of Corner Capital — a national advisory firm providing transactional, financial, and industry-related services to the domestic Downstream Energy industry and its related infrastructure. Andy Weber began his career at Shell Oil Company, serving in various management capacities, responsible investments in dealer…

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Marketing Strategies for Modern Convenience Stores

There’s been a lot of press coverage lately about “modern” convenience stores. The verdict seems to be that convenience stores of the future are very individual focused, offer healthy options, and embrace technology. Those are all great attributes, but how do convenience store chains need to change their marketing to communicate their evolving value to…

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Diesel Production for Tomorrow’s Vehicles

It seems that every week there is new news about the rise or fall of diesel demand. As far as U.S. demand goes, diesel is not as popular as it is in other countries. A very small percentage of light duty vehicles (LDVs) use diesel compared to countries where diesel is more popular; however, diesel…

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Johnson Oil Company – FS Holdings Sale Press Release – December 1 2015

TRANSACTION ANNOUNCEMENT – FOR IMMEDIATE RELEASE DECEMBER 1, 2015 GONZALES, TX – Johnson Oil Company (“JOC”) is pleased to announce that F.S. Holdings, Inc., parent company of Texas Enterprises, Inc., has acquired its commercial fuel, transport and branded lubricants businesses. JOC will be a fully integrated and wholly owned subsidiary of F.S. Holdings, Inc. The current…

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How Convenience Stores Can Keep Up with the Times

Corner Capital not only understands trading multiples in the industry, but the importance of keeping your c-store (or marketing strategies) relevant. In today’s world of ultra-convenience, traditional convenience stores have to continually evolve in order to stay relevant. There are a lot of stores re-imagining the traditional model to set themselves apart and offer consumers…

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Industry Insight- Hercules

As downstream energy advisors, Corner Capital stays current on major news and legal cases within the entire industry. With the decline in oil prices, and many upstream oil companies threatened with bankruptcy, it is enlightening to see a success story. Gulf Rig supplier Hercules Offshore Inc. is on track to become the first big-energy sector…

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