Petroleum Services Corp
Petroleum Service Corporation is a private, PE-backed industrial services provider offering product handling, site logistics, and railcar maintenance and repair to refining, chemical, and marine transportation customers across Texas and Louisiana.
- Company typePrivate
- Founded1952
- HeadquartersBaton Rouge, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Petroleum Services Corp does
Petroleum Service Corporation (PSC) is a privately held industrial services company founded in 1952 and headquartered in Baton Rouge, Louisiana. The company provides product handling, site logistics, and railcar maintenance and repair services to customers in the refining, chemical, and marine transportation industries. Its railcar M&R capability was significantly expanded in June 2021 through the acquisition of Prokar, Inc., a Texas- and Louisiana-based railcar repair provider, with acquisition financing and ongoing capital support supplied by private equity sponsor Aurora Capital Partners.
PSC operates a multi-segment services portfolio. Its core product handling offering covers the handling of petroleum and related products at customer sites, complemented by site logistics services that support those operations. The acquired Prokar subsidiary extends PSC into railcar maintenance and repair, with facilities across Texas and Louisiana serving industrial rail shippers in the Gulf Coast corridor. The combined service portfolio is delivered to counterparties in refining, chemical, and marine transportation, indicating a horizontal segmentation approach targeting adjacent industrial verticals rather than a single end-market.
The company's business model is a B2B industrial services model in which revenue is generated through contracted product handling, logistics, and railcar M&R engagements; pricing is not publicly disclosed. The company employs between 1,001 and 5,000 people, operates as a wholly owned portfolio company of Aurora Capital Partners, and has signaled a buy-and-build growth posture through its 2021 Prokar acquisition.
Petroleum Services Corp firmographics
Firmographics- Name
- Petroleum Services Corp
- Legal name
- Petroleum Service Corporation
- Website
- https://petroleumservice.com
- Company type
- Private
- Founded year
- 1952
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Petroleum Service Corporation is a private, PE-backed industrial services provider offering product handling, site logistics, and railcar maintenance and repair to refining, chemical, and marine transportation customers across Texas and Louisiana.
- Ownership category
- akta.pro rank
Petroleum Services Corp industry classification
Industry- Product category
- Petroleum Industrial Services
- NAICS
- Petroleum Bulk Stations and Terminals (424710)
- SIC
- Oil & Gas Field Services, Nec (1389), Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH)
Keywords
Where Petroleum Services Corp is headquartered
LocationHeadquarters
- HQ city
- Baton Rouge
- HQ country
- United States
- HQ region
- North America
Markets served
Petroleum Services Corp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain
Petroleum Services Corp product offering
Product offeringCore offering
Petroleum Service Corporation (PSC) provides product handling and site logistics services to the refining, chemical, and marine transportation industries. The company also delivers comprehensive railcar maintenance and repair services through direct operations and its wholly-owned subsidiary Prokar, Inc., with facilities in Texas and Louisiana.
Product overview
Petroleum Service Corporation (PSC) operates as a services company providing product handling, site logistics, and railcar maintenance and repair services. The company offers a portfolio of services focused on the petroleum industry, with operations in Texas and Louisiana. The portfolio includes direct railcar maintenance and repair operations as well as services delivered through the acquired subsidiary Prokar, Inc., complemented by core product handling and site logistics capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Product Handling Services
Companies that use Petroleum Services Corp
Customer profileSegments1 record
Ideal customer profiles1 record
Petroleum Services Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Petroleum Services Corp partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Prokar Inc.strategic acquisitionProkar, Inc. is a railcar repair service provider based in Texas and Louisiana. PSC acquired Prokar to enhance its capacity to meet increasing industry demand for railcar maintenance and repair services.
Scale indicators1 record
Recent moves3 records
Expansion highlights5 records
Petroleum Services Corp competitors and assessment
Company assessmentBroad incumbents
- Bureau Veritas: Bureau Veritas provides testing, inspection, and certification services globally including for oil & gas, petrochemical, and marine customers — a broader incumbent whose industrial services portfolio overlaps with parts of PSC's offering.
- SGS SA: SGS is a global testing, inspection, and certification company that serves oil & gas and chemical customers with industrial inspection and field services — a broader incumbent offering adjacent capabilities to PSC's site logistics services.
Direct peers
- GATX Corporation: GATX is a major railcar lessor and provides railcar maintenance, repair, and management services across North America — directly comparable to PSC's railcar repair business inherited from the Prokar acquisition.
- The Greenbrier Companies: Greenbrier manufactures, leases, and services railcars and operates a large North American railcar repair network — a directly comparable platform to PSC for railcar MRO serving petroleum and chemical shippers.
- Team Inc. Team provides specialty industrial services including inspection, leak repair, and on-site mechanical services to refineries, chemical plants, and pipeline operators — directly comparable to PSC's site logistics and product handling offerings.
- Trinity Industries: Trinity Industries manufactures and services railcars (including tank cars for petroleum/chemical customers) and operates railcar repair facilities, overlapping directly with PSC's railcar maintenance offering for Gulf Coast petroleum shippers.
- Trimac Transportation: Trimac provides bulk trucking, logistics, and terminal services for petroleum, chemical, and natural gas liquids across North America — directly comparable to PSC's petroleum product handling and site logistics services.
- Ruan Transportation Management Systems: Ruan provides dedicated bulk transportation, logistics, and supply-chain solutions including for petroleum and chemical customers — comparable to PSC's site logistics and product handling services at industrial sites.
- MISTRAS Group: MISTRAS provides industrial inspection, mechanical services, and asset protection solutions primarily to oil & gas, chemical, and power customers — directly comparable to PSC's site logistics and product handling services at industrial facilities.
- Quality Distribution Inc. Quality Distribution (now part of PS Logistics) provides bulk tank truck transportation and logistics services for chemicals and petroleum — comparable to PSC's product handling and site logistics operations.
Market position
Strengths5 records
Weaknesses3 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Petroleum Services Corp social profiles
Digital presencePetroleum Services Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Petroleum Services Corp leadership team
Management profileNumber of profiles
Petroleum Services Corp subsidiaries and ownership
Company hierarchySubsidiaries1 record
Petroleum Services Corp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Petroleum Services Corp M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Petroleum Services Corp
What does Petroleum Services Corp do?
Petroleum Service Corporation (PSC) provides product handling and site logistics services to the refining, chemical, and marine transportation industries. The company also delivers comprehensive railcar maintenance and repair services through direct operations and its wholly-owned subsidiary Prokar, Inc., with facilities in Texas and Louisiana.
Is Petroleum Services Corp a public or private company?
Petroleum Services Corp is a private company. It is classified as private equity controlled and is currently operating.
When was Petroleum Services Corp founded?
Petroleum Services Corp was founded in 1952. It employs 1,001 to 5,000 people.
Where is Petroleum Services Corp based?
Petroleum Services Corp is headquartered in Baton Rouge, United States, in the North America region.
Who are Petroleum Services Corp's main competitors?
Broad incumbents on record are Bureau Veritas and SGS SA. Direct peers are GATX Corporation, The Greenbrier Companies, Team Inc., Trinity Industries, Trimac Transportation, Ruan Transportation Management Systems, MISTRAS Group and Quality Distribution Inc..
Does Petroleum Services Corp have an API?
No public API is recorded for Petroleum Services Corp.
What industry is Petroleum Services Corp in?
Petroleum Services Corp's product category is Petroleum Industrial Services. Its primary akta.pro industry code is TLAHABAH, Liquid Bulk Petroleum Terminals (Crude, Refined Products). Its NAICS code is 424710 and its SIC code is 1389.