Warren Equities, Inc. · Providence, RI United States
Company Description
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This link will open in a new window Warren Equities fills car tanks and stomachs in the US Northeast. The holding company sells fuel and groceries from more than 300 Xtra Mart brand service stations and convenience stores from Maine to Virginia. Warren's distribution companies supply those stores, as well as independent outlets, with gasoline, grocery, and tobacco products. Other Warren companies trade and store petroleum, provide environmental testing services, and make promotional signs and clothing. Founder Warren Alpert's foundation gives annual grants to medical researchers. Alpert died in 2007. His last gift was a $100 million gift to the medical school at Brown Universtity . To read the full description, subscribe now.
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Key Warren Equities, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | May |
| Annual Sales (mil.) | $4.7 |
| Employees | 1,840 |
Warren Equities, Inc. Executives
7 executives listed for Warren Equities, Inc.'s Providence, RI location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Herbert Kaplan | Network |
| Vice Chairman | Edward Cosgrove | Network |
| President and COO | August Schiesser | Network |
Competition
Competitive Landscape for Warren Equities, 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 Warren Equities, Inc. Competitors
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