MAPCO history and ownership transition
MAPCO was founded in 1965 as Middle Atlantic Petroleum Corporation. The chain grew organically across the Mid-South over the following decades, becoming a strong regional brand in Tennessee, Alabama, Georgia, Mississippi, Arkansas, and Kentucky. In 2016, Chilean energy company COPEC (Empresas Copec) acquired MAPCO, marking COPEC's first major US entry. In 2023, COPEC decided to divest the chain, structuring the sale as a two-buyer transaction: Majors Management LLC (a Georgia-based convenience-store operator) acquired 192 stores, and Alimentation Couche-Tard (the Circle K parent) acquired 112 stores. The 2023-2025 transition has resulted in the MAPCO brand operating under Majors Management's ownership at 192 locations, with the former COPEC-MAPCO stores now operating as Circle K at 112 locations.
How MAPCO fuel pricing works
MAPCO stations under Majors Management ownership operate as a more focused regional brand than the broader COPEC-era chain. Pump pricing tracks local averages, with the MyReward Rewards loyalty program offering cents-per-gallon discounts tied to in-store purchases. Tennessee (MAPCO's home state) has moderate state gas taxes (~26 cents per gallon), which puts MAPCO pricing in a competitive position against larger national brands in the home market. Alabama, Mississippi, and Arkansas have lower gas taxes, further supporting competitive pricing in those states.
MyReward Rewards loyalty program
MyReward Rewards is MAPCO's loyalty program. Customers earn points on in-store and fuel purchases that convert to cents-per-gallon fuel discounts. The program is administered through the MAPCO mobile app and physical loyalty cards. Beyond fuel discounts, MyReward Rewards offers periodic in-store coupons and member-only promotions. The program is free to join and has no purchase minimums.
MAPCO vs RaceTrac, Circle K, and other Southern brands
In the Mid-South, MAPCO competes against RaceTrac (Atlanta-based, ~580 locations), Circle K (national, with ~9,000+ US locations including the former MAPCO stores), and various regional and independent operators. Compared to RaceTrac, MAPCO has stronger Tennessee-specific brand recognition but smaller fresh-food programs. Compared to Circle K, MAPCO operates at smaller scale but maintains a more focused Mid-South identity rather than the national-chain feel. The 112 former MAPCO stores now operating as Circle K give Circle K significantly increased Mid-South presence in 2026.