Sprague Energy Corp. · Portsmouth, NH United States
Company Description
Phone: 603-431-1000
Fax: 603-430-5324
Toll Free: 800-225-1560
View Sprague Energy Corp. Locations On A US Map
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This link will open in a new window Venerable but spry, Sprague Energy delivers when it comes energy delivery. The company, founded in 1870 as a coal and oil supplier, has grown into one of the largest fuel suppliers on the US's Eastern Seaboard. A portfolio company of investment firm Axel Johnson , Sprague Energy's products include diesel, gasoline, home heating oil, and residual fuels. The company distributes about 170 billion cu. ft. of natural gas, 2.5 billion gallons of petroleum products, and 3 million tons of bulk materials each year and owns or operates some 20 oil terminals. To read the full description, subscribe now.
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Key Sprague Energy Corp. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 500 |
Sprague Energy Corp. Executives
3 executives listed for Sprague Energy Corp.'s Portsmouth, NH location.
| Title | Name & Bio | Contact |
| President and CEO | David Glendon | Network |
| COO and CFO | Gary Rinaldi | Network |
| Marketing Manager | Tim Keaveney | Network |
Competition
Competitive Landscape for Sprague Energy Corp.
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 Sprague Energy Corp. Competitors
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