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An able consolidator in the fragmented heating-oil and motor fuels markets, Able Energy provides retail distribution of heating oil and other fuels to more than 30,000 residential and commercial customers in Florida, New Jersey, New York, and Pennsylvania through its Able Oil subsidiary. Able Energy also installs and repairs HVAC equipment and markets gasoline and other refined petroleum products and natural gas. Moving into the travel plaza business (motor fuels and food), in 2007 Able acquired All American Plazas' truck stops in return for a 75% stake in Able, making AAP Able's largest shareholder.
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| | | Contact Information | |
Address: |
198 Green Pond Rd.
Rockaway, NJ 07866
| | Phone: | 973-625-1012 | | Fax: | 973-586-9866 |
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| Financial
Highlights | | Fiscal Year End: | June | | Revenue (2008): | 276.40 M | | Revenue Growth (1 yr): | 195.20% | | Employees (2008): | 501 | | Employee Growth (1 yr): | (-22.30%) |
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Key People
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Chairman and CEO:
Gregory D. Frost
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President:
Richard A. Mitstifer
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COO:
William R. Roberts
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