Sippin Energy Products · Monroe, CT United States
Company Description
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This link will open in a new window During those cold Connecticut winters, customers don't just sip the fuels of Sippin Energy Products, they consume them in large quantities. The company distributes heating fuel to customers in southwestern Connecticut. Its heating oil services for customers include the removal of old oil tanks, and their replacement with new ones. Sippin Energy Products also sells and installs air conditioning systems and hot water heaters. In addition to its fleet of oil delivery trucks, the company operates a 800,000 gallon storage tank. The company is owned by the Sippin family which founded their fuel business in 1919. To read the full description, subscribe now.
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Key Sippin Energy Products Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $9.0 |
| Employees | 60 |
Sippin Energy Products Executives
10 executives listed for Sippin Energy Products's Monroe, CT location.
| Title | Name & Bio | Contact |
| President | David Sippin | Network |
| VP and Manager Operations | Gary Sippin | Network |
| Accounting | Paula Dayton | Network |
Competition
Competitive Landscape for Sippin Energy Products
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 Sippin Energy Products Competitors
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