What Novum Energy does

Novum Energy is a privately held global physical supply and trading group headquartered in Houston, Texas, founded in 2011. The company trades crude, fuel oil, gasoline, distillates, blending components, and vacuum gas oil, and has cumulatively delivered over 200 million barrels of oil products across the Americas, EMEA, and Asia-Pacific through six offices in Houston, Singapore, London, Bogota, Buenos Aires, and Mexico City. Its commercial offering is organized around five product lines: Distillate (Diesel, Gasoil, MGO trading across the Americas), Fuel Oil (finished grades, intermediaries, blend stocks, marine fuels), Gasoline (supply and blending of global grades), Bespoke Products and Services (customized financing and operational solutions), and International Charters and Storage Facilities (spot and time charter shipping plus strategically leased storage).

Novum operates an asset-light business model, with over 95% of assets classified as current assets and a 35-day average working capital cycle, enabling rapid redeployment of capital into trading opportunities. Revenue has grown at a 27.8% CAGR, gross profit at 30.2% CAGR, and net worth at 33.6% CAGR since 2012, with over ten consecutive years of methodical growth in profits and financial capacity. The company monetizes through trading spreads, transaction fees, and value-added logistics and financing services delivered to dedicated industrial clients via direct enterprise sales.

Its competitive positioning rests on three pillars: a leadership and trading bench drawn from Trafigura, Cargill, Vitol, Petrobras, ENOC, and Petrochina; a globally distributed office footprint that supports cross-continental product flows; and the ability to structure bespoke logistics and finance packages rather than compete purely on standardized commodity pricing. The firm publishes sustainability disclosures, including a 2025 Sustainability Report, and maintains governance and CSR programs aligned with institutional counterparty expectations.

Name

Novum Energy

Legal name

Novum Energy

Website

https://novumenergy.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Novum Energy is a privately held, Houston-headquartered global physical oil trading and logistics group delivering refined products and bespoke financing solutions to dedicated industrial clients across the Americas, EMEA, and Asia-Pacific.

Ownership category

akta.pro rank

Product category

Energy Commodity Trading

NAICS

Commodity Contracts Intermediation (523160)

SIC

Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Gas Supply, Aggregation & Contracting (Producers, Marketers, Tolling, GSA) (EUALALAD)

akta.pro secondary industries

NGLs & LPG Trading & Marketing (EUAGAAAE), Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL)

Keywords

• Oil product trading
• Energy commodity supply
• Fuel oil trading
• Energy logistics services
• Bespoke trade finance

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Energy Commodity Trading: Trading and physical supply of crude, fuel oil, gasoline, distillates, blending components and VGO. Over USD 150m barrels of oil products traded since 2012. Asset-light business model with over 95% of assets being current assets.
2. Logistics Services: International charters and storage facilities using combination of spot and time charter ships alongside strategic storage locations around the world.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Novum Energy physically supplies and trades crude, fuel oil, gasoline, distillates, blending components and VGO, and pairs these flows with international chartering, strategic storage, and bespoke financing/operational packages. It serves dedicated industrial clients across the Americas, EMEA and Asia-Pacific through direct enterprise relationships.

Product overview

Novum Energy is a global supplier and logistics operations group offering a unified portfolio of energy commodity trading and logistics services. The core offerings include Distillate, Fuel Oil, and Gasoline trading products, supplemented by Bespoke Products and Services (custom financing and operational solutions) and International Charters & Storage Facilities. While Novum has a firm foundation in crude, fuel oil, gasoline, and distillates distribution, the Group also includes trading operations covering additional energy products such as blending components and VGO, risk management, and logistical needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Distillate Trading and logistics service for Diesel, Gasoil and MGO throughout the Americas, utilizing strategically leased storage and transportation equipment for industrial energy clients.
• Fuel Oil Fuel oil trading and operations business with the ability to supply finished grades, intermediaries, blend stocks and marine fuels to meet end-user requirements.
• Gasoline Supply and blending of various global gasoline grades utilizing a range of logistical assets and capabilities to meet customer needs.
• Bespoke Products and Services Tailored bespoke and complex financing and operational solutions designed to fit specific customer needs alongside physical commodity supply.
• International Charters & Storage Facilities Combination of spot and time charter ships alongside strategic storage locations around the world to serve customers' physical commodity logistics needs.

Quantifiable outcome

• Over 200 million barrels of oil products delivered
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators11 records

Recent moves1 record

Expansion highlights4 records

Direct peers

• Hartree Partners: Private commodities merchant founded by former Deutsche Bank trading executives. Comparable to Novum in physical oil trading and bespoke structured solutions, with similar asset-light philosophy and global presence.
• Mercuria Energy Trading: One of the world's largest privately-held physical commodity and energy traders, headquartered in Switzerland. Directly comparable to Novum in business model (asset-light physical trading, global office network, oil products focus) though materially larger in scale.
• Gunvor Group: Privately-held global commodity trader specializing in physical oil, gas, and refined products trading. Closely comparable to Novum in business model and product mix (crude, distillates, fuel oil), though larger scale and headquartered in Geneva/Singapore.
• Freepoint Commodities: Private physical and financial commodity trader specializing in energy products globally. Directly comparable in business model (physical oil products trading, structured finance, global footprint) and mid-tier scale similar to Novum.
• BB Energy: Privately-held global oil trading company headquartered in London with offices across multiple continents. Closely comparable in size, business model, and product focus on refined products, distillates, and gasoline trading with strong LatAm and EMEA presence.
• Castle Oil: Independent privately-held oil products trader based in New York, focused on physical supply of gasoline, distillates, and crude. Similar asset-light model and B2B distribution focus, though more US-centric than Novum's global footprint.
• Coral Energy: Houston-based physical oil products trader with focus on refined products, marine fuels, and crude in the Americas and Europe. Similar asset-light trading model, comparable scale, and overlapping product portfolio with Novum's distillate and fuel oil lines.

Emerging players

• Petromet Resources: Smaller independent international oil trader focused on physical crude and refined products with similar geographic focus on Americas and emerging markets. Comparable in business model though smaller scale than Novum, with overlapping supplier/buyer networks.

Broad incumbents

• Trafigura: One of the world's largest privately-held commodity traders, with deep oil and metals divisions. While materially larger than Novum, it is a key reference competitor and a major source of Novum's management talent, making it the most relevant broad incumbent peer.
• Vitol: Largest independent energy trader globally and a reference peer for industry economics. Materially larger than Novum but directly competes for cargoes, counterparties, and talent; the VGO and blending components lines Novum describes overlap directly with Vitol's product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/company/novum-energy-trading
• Instagraminstagram.com/novumenergy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novum Energy