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Home > Company Index > Energy > Oil & Gas Refining & Marketing > Able Energy, Inc.

Able Energy, Inc.
Nasdaq (SC): ABLE
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 PROFILE
An able consolidator in the fragmented heating-oil market, Able Energy provides retail distribution of heating oil and other fuels to 20,000 residential and commercial customers in Florida, and New Jersey through subsidiaries Able Oil and Able Melbourne. Subsidiary Able Propane distributes liquid propane gas and propane equipment, primarily in New Jersey. Able Energy also installs and repairs home heating and air-conditioning equipment and markets gasoline and other refined petroleum products and natural gas. The company has expanded it services with the creation of e-commerce distribution site PriceEnergy.com. CEO Timothy Harrington owns 50% of Able Energy.

 COMPETITION
Agway Inc. (dossier)
Global Companies LLC (dossier)
Suburban Propane Partners, L.P. (SPH)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 31.70
1-Yr. Sales Growth: 60.9%
Employees: 109
Revenue per employee: $290,825.69

 KEY PEOPLE
• Timothy Harrington
    CEO
• Christopher P. Westad
    CFO

 CONTACT INFO
198 Greenpond Rd.
Rockaway, NJ 07866
US
Phone: 973-625-1012
Fax: 973-625-8097
Online: Web Site

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