Founded in 1938, Stripes is a subsidiary of Susser Holdings Corporation, which operates over 320 retail convenience stores in Texas and Oklahoma and over 135 Laredo Taco Company restaurants. The company provides a range of environmental consulting, maintenance and construction management services to the petroleum and convenience store industry through its other subsidiary, Applied Petroleum Technologies. It supplies fuel to more than 350 dealers, fuel stations and various commercial customers. In addition, the company organizes and conducts several events and shows. The company has marketing, accounting, maintenance, customer support, human resources and petroleum departments. It is headquartered in Corpus Christi, Texas, and maintains a presence in Olmito, Texas.