JobbersWorld is a Petroleum Trends International, Inc. Publication
JobbersWorld is a Petroleum Trends International, Inc. Publication

Author: JobbersWorld

For Those Keeping Count

For Those Keeping Count The past two years have been extraordinary. From January 2021 to date, there have been 11 lubricant price increases. Eight of

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Matrix Announces the Successful Sale of Haywood Oil Company, Inc.’s Heating Oil and Commercial Fuels Businesses

Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Haywood Oil Company, Inc. d/b/a Peak Energy (“Peak” or the “Company”) on the sale of its heating oil and commercial fuels businesses to Colonial Oil Industries, Inc. The Company is headquartered in Waynesville, NC and distributes heating oil and commercial fuels throughout western North Carolina.

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Back Against the Wall with Buy Backs

While in the past distributors accepted the argument that “you have to take the good with the bad” in buy back business, many say the balance between good and bad has shifted and the numbers are showing considerably worse than good as the percentage of national account business in their portfolios grows and their pooled margins shrink.

Read More »

Recent Archives

For Those Keeping Count

For Those Keeping Count The past two years have been extraordinary. From January 2021 to date, there have been 11 lubricant price increases. Eight of

Read More »

Matrix Announces the Successful Sale of Haywood Oil Company, Inc.’s Heating Oil and Commercial Fuels Businesses

Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Haywood Oil Company, Inc. d/b/a Peak Energy (“Peak” or the “Company”) on the sale of its heating oil and commercial fuels businesses to Colonial Oil Industries, Inc. The Company is headquartered in Waynesville, NC and distributes heating oil and commercial fuels throughout western North Carolina.

Read More »

Back Against the Wall with Buy Backs

While in the past distributors accepted the argument that “you have to take the good with the bad” in buy back business, many say the balance between good and bad has shifted and the numbers are showing considerably worse than good as the percentage of national account business in their portfolios grows and their pooled margins shrink.

Read More »