What Musket Corporation does

Musket Corporation is a Houston-based, privately held commodity supply, trading, and logistics company operating as the integrated fuel and energy arm of the Love's Family of Companies. Founded in 2001, the company has served as the sole fuel supplier to Love's Travel Stops since inception and now supports more than 670 travel-stop locations across 42 states. Its core operations span crude oil, natural gas liquids (NGL), natural gas, refined petroleum products, renewable fuels (biodiesel and ethanol), and Diesel Exhaust Fluid (DEF), with activity concentrated in the PADD I, II, and III crude regions and Gulf Coast refinery supply.

The company's physical infrastructure includes daily price posting at 160+ rack terminals across the United States, a 38-terminal ISO 22241-compliant DEF production and distribution network operating 24/7/365, transloading capability, and shipping access on all major refined products pipelines. Musket entered the crude business in 2008 as a pioneer of the crude-by-rail movement in the Bakken Shale and has since built direct-from-producer sourcing across the lower 48 states. Its technology footprint also includes wholly-owned and affiliate operating entities such as Flintlock Blending LLC (gasoline feedstock blending), Heartwell Renewables (renewable energy R&D in Hastings, Nebraska), and Love's Alternative Energy / Trillium for alternative energy offerings. The company expanded internationally in 2023 with European operations headquartered in Geneva, Switzerland.

Musket operates a B2B sales-led go-to-market model, monetizing primarily through commodity trading spreads and transaction-based fees on refined products, crude, NGL, and DEF sold to fleets, railroads, travel centers, government agencies, jobbers, and end-users. Long-term supply contracts and sole-supply arrangements (notably with Love's Travel Stops) anchor volume. Pricing is not publicly disclosed and is governed by the company's NGL and Refined Products General Terms and Conditions, with net cash payment terms of five business days from invoice date. Marketing is relationship-driven and executed primarily through the corporate website, LinkedIn, and community engagement, consistent with a private, enterprise-focused B2B commodity business.

Name

Musket Corporation

Legal name

Musket Corporation

Website

https://musketcorp.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Musket Corporation is a Houston-based commodity supply, trading, and logistics company serving as the sole fuel supplier to Love's Travel Stops' 670+ locations and third-party fleets, railroads, and end-users across North America and Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Commodity Trading & Supply: Musket handles commodity supply, trading, and logistics for crude oil, NGL, natural gas, petroleum products, renewable fuels, and DEF. Since 2001, Musket has served as the integrated fuel trading and supply enterprise for Love's Travel Stops, helping ensure fuel supply for more than 670 locations in 42 states. In 2023, the company expanded internationally with European operations headquartered in Geneva, Switzerland.
2. Refined Products Sales: Sole supplier to Love's Travel Stops. Also provides full-service solutions for jobbers, end-users, fleets, railroads, travel centers, and government agencies. Ships products on all major refined products pipelines and posts daily prices at 160+ terminals across the United States.
3. Crude Oil Trading & Logistics: Crude oil trading and marketing in PADD I, II, and III regions, specializing in supplies to refineries on the gulf coast and buying direct from producers. Leverages long-standing relationships with operations throughout the lower 48 states and expanding terminal and trucking network.
4. DEF Production & Sales: Diesel Exhaust Fluid production begun in 2014 to address market demand, supply redundancy concerns, and logistical optimization. Products meet ISO 22241 standards. Flexible 24/7/365 operation with 38 DEF terminal locations across the United States.
5. NGL Supply, Marketing & Trading: Full service supply, marketing, and trading capabilities of the entire NGL liquids stream, leveraging logistics experience and financial trading knowledge to offer specific solutions.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

Musket Corporation is a commodity supply, trading, and logistics enterprise that procures, markets, and delivers crude oil, natural gas liquids (NGL), natural gas, refined petroleum products, renewable fuels (ethanol and biodiesel), and Diesel Exhaust Fluid (DEF) across North America and Europe. Founded in 2001 as the integrated fuel trading and supply arm of Love's Travel Stops, Musket handles billions of gallons of fuel annually, ships on all major refined products pipelines, posts daily prices at more than 160 U.S. terminals, and operates 38 DEF terminal locations with 24/7/365 availability.

Product overview

Musket Corporation is a commodity supply, trading, and logistics company that is part of the Love's Family of Companies. Founded in 2001, the company serves as the integrated fuel trading and supply enterprise for Love's Travel Stops, with operations spanning North America and Europe. The company handles billions of gallons of fuel annually and provides expertise in crude oil, NGL (Natural Gas Liquids), natural gas, petroleum products, renewable fuels (including biodiesel and ethanol), and DEF (Diesel Exhaust Fluid). Their portfolio includes terminal and trucking networks, trading and marketing capabilities across PADD I, II, and III regions, and the Flintlock Blending LLC affiliate for gasoline feedstock blending. They expanded internationally in 2023 with European operations headquartered in Geneva, Switzerland. The company also operates Heartwell Renewables (renewable energy R&D in Hastings, NE) and collaborates with Love's Alternative Energy for broader energy solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Heartwell Renewables: An affiliated company focused on renewable energy solutions, part of the Love's Family of Companies.
• Love's Alternative Energy
• Trillium

Products and services

• Crude Oil Trading and Logistics End-to-end crude oil trading and logistics services for producers and Gulf Coast refineries, including buying direct from producers and moving crude across North America via rail, terminal, and trucking networks.
• Refined Products Supply Full-service refined products supply (gasoline, diesel) for travel centers, fleets, railroads, jobbers, end-users, and government agencies, including rack sales at 160+ terminals, B2B supply, fixed forwards, transloading, and pipeline distribution.
• DEF (Diesel Exhaust Fluid) Solutions Production and distribution of Diesel Exhaust Fluid (32.5% automotive-grade urea and 67.5% de-ionized water) for use with SCR technology to reduce nitrous oxide emissions, meeting ISO 22241 standards and supplied through 38 DEF terminal locations across the U.S.
• NGL (Natural Gas Liquids) Supply, Marketing and Trading Full-service supply, marketing, and trading capabilities across the entire NGL liquids stream, leveraging logistics experience and financial trading knowledge to deliver hydrocarbons that originate as a by-product of crude oil and natural gas production.
• Ethanol Trading and Logistics Ethanol trading and logistics as part of Musket's commodity supply operations across North America.
• Biodiesel Solutions Biodiesel solutions offered as part of Musket's renewable fuels portfolio for commercial and industrial customers.

Quantifiable outcome

• Fuel supply for more than 670 Love's Travel Stops locations in 42 states
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Flintlock Blending LLCcoreOthersFlintlock Blending LLC is a commonly owned and controlled affiliate company of Musket Corporation. Musket has the capability to blend gasoline feedstocks utilizing this affiliate company, adding value to the supply chain and providing enhanced product offerings to customers.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/musket-corp.

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Musket Corporation