Shares in the new company were acquired by the Texas Company (Texaco) and by 1941 it had acquired a majority ownership position of McColl-Frontenac.

McColl-Frontenac was known for its branding of its oil and products as "Red Indian."

In 1989, Texaco Canada was acquired by Imperial Oil .

Non retail operations continued as Texaco Canada Petroleum Incorporated until 1995.

After Imperial Oil acquired Texaco Canada Inc in 1989, it renamed the company McColl-Frontenac Inc.