Alexander Oil Company Assets Acquired by Sunoco LP
For Immediate Release
May 29, 2026
BRENHAM, TX – Alexander Oil Company (“AOC”), a third-generation, family-owned wholesale fuel distributor with offices in Brenham, Texas, and Seguin, Texas, announced the completed sale of its dealer wholesale fuel supply and transportation rolling stock assets to Sunoco LP (“Sunoco”), one of the nation’s largest fuel distributors. The transaction, which closed in December 2025, includes Alexander Oil Company’s branded and unbranded dealer wholesale accounts, representing more than 90 million gallons annually. AOC has retained ownership of its commercial fuels and lubricants business, including its bulk plants and cardlocks.
Founded in 1972, Alexander Oil Company grew from a modest regional supplier into a leading independent wholesale fuel and lubricants distributor in Central Texas. Over its more than five decades in operation, AOC built a full-service platform serving retail, commercial, farm, and fleet customers, with branded supply relationships with Valero, Motiva, and Sunoco.
Carl Ray Polk, Jr. stated, “Alexander Oil is one of the most respected family-owned distributors in Texas, with deep customer relationships and a long history of operational excellence. It has been our privilege to work alongside the Alexander family throughout this transaction, and we are grateful for the opportunity to partner with Jay and Jud.”
Jay Alexander and Jud Alexander, Jr. stated, “Our family has been committed to serving our customers across Texas for more than five decades, and we are confident Sunoco will continue that legacy of dependable service. We are grateful to our employees and customers for their loyalty over the years and look forward to seeing these operations transition smoothly under Sunoco’s leadership. We also want to recognize Corner Capital, whose steady guidance, industry expertise, and hands-on support were instrumental in helping us navigate this transition.”
Corner Capital Advisors, LLC served as Alexander Oil Company’s exclusive financial advisor, providing valuation, strategic advisory, and M&A services throughout the process. The transaction was managed by Sean Stewart, CFA, Nick Stricker, CPA, and Carl Ray Polk, Jr.
FOR FURTHER INFORMATION
Carl Ray Polk, Jr., Corner Capital, crpolkjr@cornercapitaladvisors.com
Sean Stewart, CFA, Corner Capital, sstewart@cornercapitaladvisors.com
Nick Stricker, CPA, Corner Capital, nstricker@cornercapitaladvisors.com
ABOUT ALEXANDER OIL COMPANY
Founded over 50 years ago with offices in both Brenham, Texas, and Seguin, Texas, AOC is a multi‑channel distributor of branded and unbranded motor fuels, lubricants, and related products across Central Texas. AOC serves a broad network of dealer, fleet, agricultural, commercial, and industrial customers.
ABOUT SUNOCO LP
Sunoco LP is one of the largest fuel distributors in the United States, supplying more than 10,000 convenience stores, independent dealers, and commercial customers. Sunoco distributes fuel under iconic fuel brands and maintains one of the most reliable supply networks in the country.
ABOUT CORNER CAPITAL
Formed in 2006, Corner Capital provides national transaction advisory services to all constituents in the Downstream Energy, Multi-Unit Retail, Business Services, and Distribution industries. Our national market coverage serves clients with staff in Texas, California, and Florida. For more information, please visit cornercapitalpartners.com