Maxum Petroleum Holdings, Inc. · Old Greenwich, CT United States
Company Description
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This link will open in a new window Between sellers and buyers lies the potential for maximum profit. And Maxum Petroleum plans to grab it. The company, which has 60 facilities in the US and Panama, markets diesel fuel and lubricants and provides procurement logistics services to commercial users in 44 states. It owns and operates a fleet of delivery vehicles, has seven marine supply locations, and sells diesel fuel at 185 Pathway truck stops. Maxum maintains relationships with sellers Shell , BP , CITGO , and Sinclair and delivers to buyers like oil platform operators, coal-mining operations, and government entities. It sells about 1.4 billion gallons of diesel and 45 million gallons of lubricants each year. Maxum began as SPI Petroleum in 2003. To read the full description, subscribe now.
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Key Maxum Petroleum Holdings, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | June |
| Employees | 1,304 |
Maxum Petroleum Holdings, Inc. Executives
13 executives listed for Maxum Petroleum Holdings, Inc.'s Old Greenwich, CT location.
| Title | Name & Bio | Contact |
| Chairman | Reeve Waud | Network |
| Vice Chairman and SEVP | Roger Simons | Network |
| CEO and Director | E. Perot Bissell | Network |
Competition
Competitive Landscape for Maxum Petroleum Holdings, 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 Maxum Petroleum Holdings, Inc. Competitors
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