Casey’s Acquired ASAP Energy Convenience Store Chain

The national retailer purchased 16 Oklahoma convenience stores from longtime owners Rick and Sheila Koch.

Updated on Sept. 22, 2026 in Openings & Closings

Modern convenience store building with a wide fuel canopy standing alone in the vast Oklahoma prairie. — Casey’s has expanded its national retail footprint by acquiring the ASAP Energy chain, integrating 16 convenience store locations across Oklahoma. AI Illustration. Upload story photo >

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Casey’s has expanded its footprint in Oklahoma by acquiring the ASAP Energy convenience store chain. The deal marks the end of a 47-year operation for the Koch family.

Why it matters

The acquisition aligns with Casey’s ongoing three-year plan to broaden its store base and food business offerings. The sale was driven by the former owners desire to provide their employees with expanded professional growth resources.

Casey’s operates more than 3,000 stores across 19 states and employs over 50,000 people. This expansion follows a 2021 acquisition where the company purchased 49 Circle K stores for $39 million.

The players

Casey’s

This corporation is the third-largest convenience retailer and fifth-largest pizza chain in the United States.

Rick and Sheila Koch

The couple operated the ASAP Energy convenience store chain for 47 years before selling the business.

ASAP Energy

This convenience store chain based in Weatherford, Oklahoma, was locally operated until its recent acquisition.

The details

Founded in Weatherford, Oklahoma, the ASAP Energy chain includes properties that feature Lucille’s Roadhouse Restaurants. The transaction integrates these local sites into the national network of Casey’s, which currently ranks as the third-largest convenience retailer and fifth-largest pizza chain in the United States.

1968: Casey’s was founded in Iowa.
2021: Casey’s purchased 49 Circle K stores in Oklahoma.
September 22, 2026: The sale of ASAP Energy was reported.

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Market Landscape

This acquisition follows the pattern established by Casey’s three-year strategic plan to scale its national footprint through tactical regional purchases. The move strengthens the company’s competitive positioning as it continues to consolidate convenience retail holdings across the Midwest and South.

Local customers may see changes to store branding and the integration of new food service options as the locations transition to the national retailer. Staff at the former ASAP Energy sites may gain access to broader professional development resources and benefits provided by the larger company.

The takeaway

Retail consolidation often brings significant upgrades to local food and supply services for rural communities. Employees at acquired independent chains frequently benefit from the expanded training programs and resources that come with joining a larger, national corporate structure.