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Home > Company Index > Energy > Petroleum Product Distribution > RAD Energy Corp.

RAD Energy Corp.
 PROFILE
There's nothing radical about RAD Energy's business: The company distributes gasoline, diesel, heating oils, and marine and aviation fuels, as well as alternative fuels (methanol, ethanol, and biodiesel) in the northeastern US. RAD Energy maintains 30 bulk-fuel terminals and a fleet of 30 trucks to deliver its products. Its more than 5,000 customers include petroleum resellers and commercial, industrial, and government fleet operators, and utilities. RAD Energy helps customers finance underground storage tank replacement and closing and markets the GASCARD system, an off-site fueling program. The family of Robert A. Draizin, who founded the company in 1964, owns RAD Energy.

 COMPETITION
Getty Petroleum Marketing Inc. (dossier)
Gulf Oil, L.P. (dossier)
Motiva Enterprises LLC (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 240.10
1-Yr. Sales Growth: (31.4)%
Employees: 150
Revenue per employee: $1,600,666.67

 KEY PEOPLE
• Adam Draizin
    CEO
• Chris Kehoe
    CFO

 CONTACT INFO
287 Bowman Ave.
Purchase, NY 10577
US
Phone: 914-701-2700
Fax: 914-701-2701
Online: Web Site

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