Griffith Energy Services, Inc · Cheverly, MD United States
Company Description
Phone: 301-322-3111
Fax: 410-312-3874
Toll Free: 800-633-4328
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This link will open in a new window Griffith Energy Services has had the energy to stay in business for more than a century. Founded in 1898, Griffith Energy Services claims the position of leading full-service retail distributor of heating oils and motor fuels in the Mid-Atlantic states (Delaware, the District of Columbia, Maryland, Pennsylvania, West Virginia, and Virginia). In addition to the delivery of heating oil, diesel fuel, gasoline, and kerosene, Griffith Energy Services also provides heating and cooling equipment sales, service, and installation services. The company is a subsidiary of energy holding company CH Energy Group . To read the full description, subscribe now.
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Key Griffith Energy Services, Inc Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $523.9 |
| Employees | 500 |
Griffith Energy Services, Inc Executives
7 executives listed for Griffith Energy Services, Inc's Cheverly, MD location.
| Title | Name & Bio | Contact |
| President | Randy Groft | Network |
| VP Operations | Bruce Woodson | Network |
| CFO | Mark Wagus | Network |
Competition
Competitive Landscape for Griffith Energy Services, 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 Griffith Energy Services, Inc Competitors
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