An Investor's Guide to Gas Station Stocks
Gas stations are vital fuel for the U.S. economy. In 2019, there were nearly 122,000 convenience stores in the U.S. that dispensed motor fuel. Overall, these gas stations sold about 80% of the motor fuels purchased in the country.
Despite its importance to the economy, the gas station industry has been under pressure on many fronts in recent years. Not only is the sector highly competitive due to the number of stations, but it is also battling several headwinds, including oil price volatility and increased vehicle fuel efficiency. Because of that, the sector has been a challenging one for investors, especially since there are few publicly traded options available.
However, during strong market conditions, gas stations can make lots of money, which is why investors will want to understand this sector. Here's an in-depth look at how to invest in gas station stocks.
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