Kiros Energy Marketing

What Kiros Energy Marketing does

Kiros Energy Marketing is a Calgary, Alberta-based, privately held natural gas liquids (NGL), crude oil, and renewable energy marketing company founded in 2011. The firm provides full-service physical commodity marketing for propane, butane, isobutane, olefins, crude oil, and condensate across North America (Canada, the United States, and Mexico), and it serves four primary customer segments: oil and gas producers, propane retailers, refiners, and gasoline blenders.

The company's core capability is a multi-modal logistics platform combining an owned railcar fleet that executes 2,000+ shipments per month, a truck fleet with 70+ terminals, and access to key pipelines (ME2, TEPCO, Dixie), supported by storage positions at major North American hubs including Mont Belvieu, Conway, Sarnia, Fort Saskatchewan, and Albany. Kiros complements physical movement with hedging and risk management services (fixed and indexed pricing on propane, butane, crude, condensate, RINs, RGGIs, and CCAs) and a Business Development & Acquisitions advisory line. As of 2021, the company extended into international waterborne cargo exports, beginning with a butane shipment to North Africa.

Kiros generates revenue primarily through commodity trading margins on physical NGL movement, transaction and execution fees from hedging and risk management engagements, and fees from logistics coordination and market-access services. Pricing is quote-based and not publicly disclosed; the company offers both spot and term contracts with fixed or indexed price structures across multi-year contract periods. Distribution is executed through regional sales representatives organized by geography and product line, supported by weekly market reports and active participation in seven industry associations across North America.

Name

Kiros Energy Marketing

Legal name

Kiros Energy Marketing

Website

https://kirosenergy.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Energy Commodity Marketing & Logistics

NAICS

Petroleum Bulk Stations and Terminals (424710), Petroleum and Petroleum Products Merchant Wholesalers (4247)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

NGLs & LPG Trading & Marketing (EUAGAAAE)

akta.pro secondary industries

NGL (Natural Gas Liquids) Pipeline Transportation (EUALADAC), NGL (Y-Grade) / Mixed NGL Pipeline Transportation (TLAGAEAA)

Keywords

• Natural gas liquids marketing
• Propane supply
• Butane distribution
• Commodity risk management
• NGL logistics

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. NGL Physical Trading and Marketing: Physical movement and marketing of Natural Gas Liquids including propane, butane, isobutane, olefins, crude oil, and condensate throughout North America via truck, rail, and pipeline. Revenue generated through commodity trading margins and supply/demand optimization services.
2. Hedging and Risk Management Services: Risk management solutions including fixed and market-indexed pricing options for propane, butane, crude, condensate, RINs, RGGIs, and CCAs. Revenue from advisory and execution fees on hedging strategies.
3. Market Access and Logistics Services: Providing reliable and cost-effective market access to enable business partners to realize best possible netbacks. Revenue from logistics coordination, transportation partnerships, and terminal management.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Kiros Energy Marketing is a full-service natural gas liquids (NGL), crude oil and renewable energy marketing company that physically moves propane, butane, isobutane, olefins, crude oil, and condensate across North America via truck, rail, and pipeline. Its core commercial activity is supplying and distributing NGL feedstocks to retailers, producers, refiners, and gasoline blenders while offering hedging, risk management, off-spec material handling, and market access services.

Product overview

Kiros Energy Marketing is a full-service natural gas liquids (NGL), crude oil and renewable energy marketing company operating as a unified service offering. The company provides a comprehensive portfolio consisting of four core services: Propane supply and distribution via truck, rail, and pipeline across North America; Butanes, Olefins & Pentanes delivered through flexible logistics networks; Hedging & Risk Management solutions for commodity market volatility; and Business Development & Acquisitions services for market access. The company services Retailers, Producers, Refiners and Gasoline Blenders throughout North America, with operations extending to global markets through waterborne cargo exports.

Differentiator

Problem solved

Functional benefit

Products and services

• Propane Supply & Marketing Physical propane supply and marketing service distributing product across North America via truck, rail, and pipeline for customers with varying volume and application needs. Includes both spot supply and term contracts with fixed and indexed pricing structures.
• Butanes, Olefins & Pentanes Supply Supply and distribution of butane, isobutane, olefins, and pentanes through a flexible logistics network tailored to volume, timing, and delivery locations, including waterborne cargo export capability.
• Hedging & Risk Management Risk management solutions that help customers manage volatility in commodity markets, providing market insight and customized trading strategies with fixed and market-indexed pricing options across propane, butane, crude, condensate, RINs, RGGIs, and CCAs.
• Business Development & Acquisitions Market access and procurement services helping customers gain access to premium energy markets and achieve the highest possible value for their hydrocarbons, including off-spec material management and international export market development.

Quantifiable outcome

• 1.5 billion gallons of NGL product marketed per year
• +3 more outcomes

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and regional.

• Canadian Propane AssociationcoreOthersActive membership in the Canadian Propane Association, demonstrating commitment to industry standards and advocacy in Canada.
• National Propane Gas Association (NPGA)coreOthersActive membership supporting industry advocacy and standards for propane gas industry in the US.
• Manitoba Propane Association (MPGA)regionalOthersRegional membership supporting propane industry in Manitoba, Canada.
• North Dakota Propane Gas AssociationregionalOthersRegional membership supporting propane industry in North Dakota.
• Ontario Propane Gas Association (OPGA)regionalOthersRegional membership supporting propane industry in Ontario, Canada.
• Propane Gas Association of New England (PGANE)regionalOthersRegional membership supporting propane industry in New England states.
• Emergency Response Association Canada (ERAC)coreOthersMembership demonstrating commitment to emergency response standards and safety protocols for hazardous materials handling in Canada.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hartree Partners: Global commodities and energy trader with significant NGL and LPG physical and financial trading activity. Closely comparable to Kiros in combining physical trading with hedging/risk management services.
• NGL Energy Partners: Distributes propane, butane, and other NGLs to retail and wholesale customers across the US. Closely comparable business model to Kiros' NGL supply and distribution activities, with similar customer segments.
• Mercuria Energy Trading: Global commodity trading house active in NGLs, LPG, and refined products. Most comparable in business model to Kiros as a non-asset-owning energy marketing and trading firm with risk management capabilities.
• DCP Midstream: Major NGL producer, gatherer, processor, and marketer in the US. Overlaps directly with Kiros on propane/butane marketing, trading, and logistics across North America, with much larger scale and asset base.
• Freepoint Commodities: Global physical and financial energy commodities trader with NGL/LPG trading desks. Comparable mid-sized, non-asset-owning trading model with hedging and structured pricing offerings like Kiros.

Broad incumbents

• ONEOK: Operates a large NGL gathering, processing, fractionation, transportation, and storage system with significant marketing activities. Comparable NGL supply chain role to Kiros across multiple US regions.
• Energy Transfer: Major NGL pipeline operator and marketer with extensive fractionation and Mariner East export infrastructure. Competes with Kiros on propane/butane supply and logistics across the US.
• Vitol: World's largest independent energy trader with significant NGL/LPG trading and physical distribution activities. Comparable in trading and hedging capabilities to Kiros, though vastly larger in scale and global reach.
• Enterprise Products Partners: One of the largest NGL midstream and marketing platforms in North America with extensive fractionation, pipeline, and export (PDH) assets. Directly competes with Kiros on propane/butane marketing but at vastly greater scale.
• Targa Resources: Integrated NGL processor, fractionator, and marketer operating extensive Gulf Coast logistics. Comparable NGL marketing activities but with significant owned fractionation and export infrastructure that Kiros lacks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kiros-energy-marketing

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Kiros Energy Marketing