Harry Ford Sinclair founded the Sinclair Oil Company in 1916 when he consolidated 11 small petroleum companies.
Sinclair acquired a number of petroleum companies during the Great Depression, as well as purchased the assets of Prairie Oil & Gas’ pipeline and producing companies.
In 1969 Sinclair was acquired by Atlantic Richfield Company (ARCO). In 1976 Sinclair was spun off from ARCO and sold to Robert (Earl) Holding. Sinclair Oil continues to be owned by the descendants of Robert Earl Holding.
Sinclair Oil has more than 2,700 Sinclair-brand service stations, operates two oil refineries, owns more than 1,000 miles of pipelines, exploration operations, and a trucking fleet. R. Earl Holding’s descendants also own the Grand American Hotel, the Little America hotel chain, and two ski resorts, Sun Valley in Idaho and Snowbasin in Utah.
Sinclair Oil is #46 on the Forbes list of America’s Largest Companies, has 7,000 employees, and had $7 billion in revenue in 2011.
Sinclair OilHarry Ford Sinclair founded the Sinclair Oil Company in 1916 when he consolidated 11 small petroleum companies.
Sinclair acquired a number of petroleum companies during the Great Depression, as well as purchased the assets of Prairie Oil & Gas’ pipeline and producing companies.
In 1969 Sinclair was acquired by Atlantic Richfield Company (ARCO). In 1976 Sinclair was spun off from ARCO and sold to Robert (Earl) Holding. Sinclair Oil continues to be owned by the descendants of Robert Earl Holding.
History
Sinclair Oil has more than 2,700 Sinclair-brand service stations, operates two oil refineries, owns more than 1,000 miles of pipelines, exploration operations, and a trucking fleet. R. Earl Holding’s descendants also own the Grand American Hotel, the Little America hotel chain, and two ski resorts, Sun Valley in Idaho and Snowbasin in Utah.
Sinclair Oil is #46 on the Forbes list of America’s Largest Companies, has 7,000 employees, and had $7 billion in revenue in 2011.