Maxum Petroleum Company Description
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.
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The Company Description provides a historical perspective of Maxum Petroleum's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Maxum Petroleum's evolution in the marketplace.
