ffp marketing company inc (FFPM) Details

FFP Marketing Company, Inc. along with its subsidiaries operates in two segments: the retail sale of motor fuel, merchandise, and ancillary products and services at 426 convenience stores, truck stops, and other gasoline outlets; and wholesale motor fuel sales and the operation of a motor fuel terminal and processing facility ('Wholesale and Terminal Operations'). The company conducts its retail operations through its 100%-owned subsidiaries, FFP Operating Partners, L.P.; FFP Financial Services, L.P.; FFP Money Order Company, Inc.; Practical Tank Management, Inc.; and FFP Transportation, L.L.C. The company's convenience stores are open seven days a week, offer extended hours (47 stores are open 24 hours a day, and the remainder generally are open from 6:00 am to midnight), and focus on merchandise selection and service. The convenience stores sell groceries, tobacco products, take-out foods and beverages (including alcoholic beverages where local laws permit), dairy products, and non-food merchandise, such as money orders, telephone calling cards, lottery tickets, health and beauty aids, magazines and, at all but two of the stores, motor fuel. Food service in the convenience stores varies from pre-packaged sandwiches and fountain drinks to full food-service delicatessens (at 48 stores), some with limited in-store seating. FFP conducts substantially all of its Wholesale and Terminal Operations through its wholly owned subsidiary, Direct Fuels, L.P. FFP Operating Partners, L.P., also sold motor fuel to wholesale customers and end users. The company sells branded and unbranded motor fuel on a wholesale basis to independents, regional chains and end users, such as contractors, operators of vehicle fleets, and public utilities.

ffp marketing company inc (FFPM) Top Compensated Officers