Petro Holdings, Inc. · Stamford, CT United States
Company Description
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When it's chilly in the East, residents have warm spots in their hearts for Petro Holdings (formerly Petroleum Heat & Power). The company is a leading retail distributor of home heating oil in the US and sells provides more than 351 million gallons of heating oil a year to approximately 402,000 customers and propane to 7,000 customers in Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, and Virginia. A unit of Star Gas Partners ' Star/Petro subsidiary, Petro Holdings also sells home heating oil, gasoline, and diesel to some 28,000 customers on a delivery-only basis. Other activities include HVAC equipment repair, and home security and plumbing services to 11,000 customers. To read the full description, subscribe now.
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Key Petro Holdings, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | September |
| Employees | 600 |
Petro Holdings, Inc. Executives
8 executives listed for Petro Holdings, Inc.'s Stamford, CT location.
| Title | Name & Bio | Contact |
| President and CEO | Daniel Donovan | Network |
| SVP Operations | Steve Goldman | Network |
| CFO, Treasurer, and Secretary | Richard Ambury | Network |
Competition
Competitive Landscape for Petro Holdings, Inc.
Residential, commercial, industrial, and agricultural heating needs drive demand. The profitability of individual companies depends on efficient operations, low-cost purchasing, and competitive pricing. Large companies have advantages in purchasing, finance, and distribution. Small companies can compete effectively by serving a local market, offering unique products, or providing special services. Fuel dealers compete with suppliers of other energy sources, including electricity and natural gas. The increased availability of natural gas has resulted in stagnant and declining markets for LP gas and fuel oil as home heating sources. In addition, companies may compete with farm cooperatives that sell energy to members. To read the full description, subscribe now.Top Petro Holdings, Inc. Competitors
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