Arctic Slope Regional Corporation

Name

Arctic Slope Regional Corporation

Legal name

Arctic Slope Regional Corporation

Website

https://asrc.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Diversified Industrial and Energy Services

NAICS

Environmental Consulting Services (54162)

SIC

Oil Royalty Traders (6792), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Mineral Rights, Leasing & Land Management (EUALAAAB)

akta.pro secondary industry

Geotechnical & Subsurface Engineering Consulting (BPAHAIAB)

Keywords

• Government contract services
• Petroleum refining marketing
• Industrial maintenance services
• Energy support services
• Construction management

Headquarters

HQ city

Barrow

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Government Contract Services: ASRC Federal provides engineering, IT, infrastructure support, professional and technical services to federal agencies. Major revenue driver with 7,000+ employees.
2. Petroleum Refining and Marketing: Petro Star Inc. operates two refineries and distributes fuel products throughout Alaska including heating oil, diesel, aviation fuels, and marine fuels
3. Energy Support Services: ASRC Energy Services and Little Red Services provide oil field operations, maintenance, construction, fabrication, well testing, and pipe inspection services
4. Industrial Services: ASRC Industrial Services provides maintenance, mechanical, specialty services, cleaning, demolition, remediation, engineering, inspection, and professional services to industrial, commercial, and government customers nationwide
5. Financial Solutions (Coinstar): Coinstar generates revenue through kiosk transaction fees for cash-to-digital conversions, cryptocurrency purchases, and financial services. Operates over 24,000 kiosks with 400+ employees globally
6. Construction Services: ASRC Construction manages and builds government and commercial projects of all sizes in Alaska, Lower 48, and select international markets. Delivered over $2.6 billion in projects over 20 years

Go-to-market motion4 records

Distribution channels7 records

Marketing channels8 records

Core offering

Arctic Slope Regional Corporation (ASRC) is an Alaska Native regional corporation that operates six diversified business segments: government contract services (engineering, IT, and technical services to federal agencies), industrial services (maintenance, demolition, remediation), financial solutions (Coinstar self-service kiosks), petroleum refining and marketing (two Alaska refineries), energy support services (oil field engineering and operations), and construction (government and commercial projects). The corporation owns nearly 5 million acres of North Slope land and distributes earnings as dividends to more than 14,000 Iñupiaq shareholders.

Product overview

Arctic Slope Regional Corporation operates a diversified portfolio of six core business segments spanning government services, industrial services, financial solutions, petroleum refining and marketing, energy support services, and construction. The Financial Solutions segment was established in 2026 through the acquisition of Coinstar, which operates over 24,000 self-service kiosks enabling cash-to-digital and cryptocurrency transactions. ASRC Industrial Services (AIS) provides industrial cleaning, demolition, remediation, and engineering services. ASRC Federal serves federal government agencies. Petro Star Inc. operates petroleum refineries. ASRC Energy Services and Little Red Services provide oil field support. ASRC Construction handles government and commercial construction projects. The company also maintains legacy operations including Eskimos, Inc. (fuel distribution) and Tundra Tours (tourism/hospitality).

Differentiator

Problem solved

Functional benefit

Products and services

• ASRC Federal Government Contract Services
• ASRC Industrial Services
• Coinstar Financial Solutions
• Petro Star Petroleum Refining and Marketing
• ASRC Energy Services
• Little Red Services and Arctic Pipe Inspection
• ASRC Construction
• Alaska Growth Capital
• Eskimos, Inc.
• Tundra Tours, Inc.

Quantifiable outcome

• $5+ billion in revenue (2024)
• +5 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Coinstar Retail Partners (700+ retailers)coreChannel Partner/ Reseller/ DistributorCoinstar operates its financial services kiosks through partnerships with over 700 retailers across North America, Europe, and the United Kingdom. These retail partners provide physical locations for Coinstar kiosks enabling consumers to convert cash to digital funds and access financial services.
• ConocoPhillipscoreStrategic or Co-development PartnerASRC Energy Services and Little Red Services provide oil field services to ConocoPhillips throughout Alaska and the Gulf of Mexico. Little Red Services received ConocoPhillips 2019 Supplier Recognition Award for Focus on Execution. Petro Star supplies ultra-low sulfur diesel to ConocoPhillips on the North Slope.
• QuintillionminorStrategic or Co-development PartnerASRC Federal partnered with Quintillion and NOAA to launch an Arctic broadband Point of Presence in Utqiaġvik, Alaska. Quintillion provided fiber optic cable infrastructure for high-speed internet connectivity supporting NOAA satellite operations.
• National Oceanic and Atmospheric Administration (NOAA)minorStrategic or Co-development PartnerASRC Federal and Quintillion collaborated with NOAA to establish the first federal Arctic Point of Presence on U.S. soil in Utqiaġvik. The PoP enables NOAA to efficiently allocate bandwidth and distribute satellite data to the Fairbanks Command and Data Acquisition Station.
• Alaska Growth CapitalcoreStrategic or Co-development PartnerAlaska Growth Capital, a subsidiary of ASRC and Native-owned Community Development Financial Institution, administers the North Slope Marketplace business plan competition for ASRC shareholders. Since 2009, has awarded over $1 million to more than 50 North Slope businesses.
• Golden Valley Electric AssociationminorStrategic or Co-development PartnerPetro Star produces specialty turbine fuels for Golden Valley Electric Association, one of Alaska's electric utilities
• Copper Valley Electric AssociationminorStrategic or Co-development PartnerPetro Star produces specialty turbine fuels for Copper Valley Electric Association
• Defense Logistics Agency/Department of DefensecoreStrategic or Co-development PartnerPetro Star is the main supplier of petroleum products to the Defense Logistics Agency/Department of Defense within the state of Alaska

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Doyon, Limited: Another large Alaska Native regional corporation (ANCSA) with diversified operations in oil field services, construction, government contracting, and natural resources. Most direct comparable as an Alaska Native regional peer with similar land/resource holdings and a multi-segment portfolio.
• Clean Harbors: Leading provider of environmental and industrial services including remediation, demolition, and specialty cleaning. Comparable to ASRC Industrial Services' environmental remediation and industrial cleaning lines (EQM, NWDD, K2).
• Primoris Services Corporation: Specialty construction and industrial services provider across energy, utilities, and civil infrastructure. Comparable to ASRC Industrial Services and ASRC Construction in service mix and customer profile.
• Par Pacific Holdings: Refiner and fuel marketer focused on Hawaii, Alaska, and the US Gulf. Comparable to Petro Star's two-refinery Alaska footprint producing jet fuel, ULSD, and heating oil for local markets.

Broad incumbents

• KBR: Global engineering and government services firm with deep oil & gas field services heritage. Comparable to ASRC Energy Services and Little Red Services across upstream, midstream, and government solutions.
• MasTec: Large diversified infrastructure construction contractor serving energy, utility, and communications end markets. Comparable to ASRC Construction's government and commercial project delivery model.
• Outerwall: Former parent of Coinstar and Redbox self-service kiosk businesses. Closest historical peer for Coinstar's cash-to-digital kiosk operations within ASRC's Financial Solutions segment.
• Booz Allen Hamilton: Large federal government services and IT consulting contractor serving defense, intelligence, and civil agencies. Comparable to ASRC Federal in customer base, contract types, and capability mix.
• Leidos: Major federal contractor spanning defense, intelligence, civil, and health. Comparable to ASRC Federal's engineering, IT, and mission-support work for federal civilian and defense agencies.

Regional players

• Arctic Slope Native Association: Regional Alaska Native nonprofit serving the North Slope Iñupiat communities. Adjacent rather than directly comparable, but shares the regional community footprint and beneficiary base tied to ASRC's shareholder population.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/asrc_ak
• LinkedInlinkedin.com/company/arcticsloperegionalcorporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Arctic Slope Regional Corporation