Apex Oil Company, Inc. · Clayton, MO United States
Company Description
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This link will open in a new window Always at the top of its game, Apex Oil sells, stores, and distributes petroleum products. Its range of refined products includes asphalt, biodiesel, kerosene, fuel oil, diesel fuel, heavy oil, gasoline, and bunker fuels. The company's terminals are primarily located on the East Coast and Gulf Coast, in California, and in the Midwest. Internationally, Apex Oil has operations in the Bahamas, Monaco, and the Netherlands. The company's subsidiaries include Apex Towing, a tug boat and barge business, and Petroleum Fuel and Terminal, a storage and truck rack operation, and Enjet (oil and carbon black marketing). Apex Oil is controlled by CEO Tony Novelly. To read the full description, subscribe now.
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Key Apex Oil Company, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | September |
| 2007 Sales (mil.) | $5,200.0 |
| Employees | 250 |
Apex Oil Company, Inc. Executives
20 executives listed for Apex Oil Company, Inc.'s Clayton, MO location.
| Title | Name & Bio | Contact |
| CEO | P. Anthony Novelly | Network |
| President and Bulk Activity, Heavy Oil | Edwin Wahl | Network |
| VP and Treasurer | John Hank | Network |
Competition
Competitive Landscape for Apex Oil Company, Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Apex Oil Company, Inc. Competitors
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