Able Energy, Inc. (Pink Sheets: ABLE)

198 Green Pond Rd.
Rockaway, NJ 07866 (Map)
Phone: 973-625-1012
Fax: 973-586-9866
http://www.ableenergy.com

Overview

An able consolidator in the fragmented heating-oil and motor fuels markets, Able Energy provides retail distribution of heating oil and other fuels to more than 30,000 residential and commercial customers in Florida, New Jersey, New York, and Pennsylvania through its Able Oil subsidiary. Able Energy also installs and repairs HVAC equipment and markets gasoline and other refined petroleum products and natural gas. Moving into the travel plaza business (motor fuels and food), in 2007 Able acquired All American Plazas' truck stops in return for a 75% stake in Able, making AAP Able's largest shareholder.

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Key Numbers from Hoover's UK

Key financials for Able Energy, Inc. (Pink Sheets: ABLE)

Company Type Public (Pink Sheets: ABLE)
Fiscal Year-End June
2008 Sales (mil.) £138.5
1-Year Sales Growth 195.2%
2008 Net Income (mil.) (£6.5)
2008 Employees 501
1-Year Employee Growth (22.3%)
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Key People from Hoover's UK

Key people and executives for Able Energy, Inc. (Pink Sheets: ABLE)

Chairman and CEO Gregory D. Frost
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President Richard A. Mitstifer
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COO William R. Roberts
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Top Competitors from Hoover's UK

Top competitors of Able Energy, Inc. (Pink Sheets: ABLE)

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Able Energy, Inc. (Pink Sheets: ABLE)

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