Ferus

What Ferus does

Ferus Group of Companies is a privately held industrial services group headquartered in Calgary, Alberta, with additional operations in Houston, Texas, and owned by The Energy & Minerals Group. Founded in 2001, Ferus has built and operated a full-service cryogenics business supplying liquid carbon dioxide (CO2) and liquid nitrogen (N2) to the oil and gas industry, supporting hydraulic fracturing and energized completions. In 2011, the company expanded into liquefied natural gas (LNG) as a cleaner, more economical alternative to diesel in high-horsepower applications, adding two further subsidiaries under the group.

The group operates through three coordinated businesses: Ferus Inc, the core cryogenics unit delivering liquid CO2, liquid N2, sand, and chemicals with on-site logistics to petroleum customers; Ferus Natural Gas Fuels (Ferus NGF), which owns and operates the entire small-scale domestic LNG supply chain in Canada from liquefaction through transportation, on-site storage, and specialized dispensing for oil and gas operations, remote mine and community power generation, and on/off-road transportation; and Eagle LNG, which develops small and mid-scale LNG infrastructure in the United States for the marine industry (supporting IMO and EPA compliance) and delivers LNG solutions to Caribbean and Latin American markets.

Ferus's business model is B2B industrial supply and infrastructure services, generating revenue from the sale of cryogenic products and from LNG infrastructure, transportation, and dispensing services under long-term operational arrangements. Pricing is not publicly disclosed. The company employs 251–500 people, has no public funding or revenue disclosures, and operates as a privately held portfolio company of The Energy & Minerals Group with no public ticker.

Name

Ferus

Legal name

Ferus Group of Companies

Website

https://ferus.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Ferus Group of Companies is a privately held Calgary-based cryogenics and LNG infrastructure operator, supplying liquid CO2, liquid N2, and LNG to the oil and gas, marine, power generation, and transportation sectors through three subsidiaries: Ferus Inc, Ferus NGF, and Eagle LNG, owned by The Energy & Minerals Group.

Ownership category

akta.pro rank

Product category

Industrial Gas Supply & Cryogenic Services

NAICS

Natural Gas Distribution (221210)

SIC

Natural Gas Transmisison & Distribution (4923), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)

akta.pro secondary industries

CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), Liquefied Gas Transport (LNG/LPG/Ammonia) (TLADALAC)

Keywords

• Cryogenic gas supply
• LNG infrastructure
• Energized completions
• Industrial gas distribution
• Natural gas fueling

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

Ferus supplies liquid carbon dioxide (CO2), liquid nitrogen (N2), liquefied natural gas (LNG), and compressed natural gas (CNG) to the oil and gas industry through full-service cryogenics production, storage, transportation and on-site dispensing. The company also provides sand and chemicals used in hydraulic fracturing operations, delivering these products and related logistical services directly to petroleum producers in North America and select international markets.

Product overview

The Ferus Group of Companies is a multi-business enterprise consisting of three subsidiary brands: Ferus Inc (energized completions solutions supplying liquid CO2, liquid N2, sand, and chemicals to the oil and gas industry), Ferus NGF (small-scale domestic LNG infrastructure in Canada for oil and gas operations, power generation, and transportation), and Eagle LNG (small and mid-scale LNG infrastructure in the United States for marine and Caribbean/Latin American markets). The group operates a full-service cryogenics business (since 2001) and expanded into LNG solutions in 2011 as a cleaner alternative to diesel in high horsepower applications.

Differentiator

Problem solved

Functional benefit

Brands

• Ferus Inc: Leader in energized completions solutions offering technical, operational and logistical expertise to the petroleum industry. Product offering includes liquid CO2, liquid N2, sand, and chemicals.
• Ferus Natural Gas Fuels (Ferus NGF)
• Eagle LNG

Products and services

• Liquid Carbon Dioxide (CO2)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators1 record

Recent moves5 records

Expansion highlights6 records

Direct peers

• Chart Industries: Chart Industries manufactures cryogenic equipment and provides small-scale LNG liquefaction and distribution solutions. While more equipment-focused than Ferus, Chart serves the same small-scale LNG infrastructure value chain Ferus NGF and Eagle LNG operate in.
• New Fortress Energy: New Fortress Energy develops and operates small and mid-scale LNG infrastructure targeting marine bunkering, industrial power, and Caribbean/Latin American markets. It is highly comparable to Eagle LNG in particular, with overlapping geographies and customer segments.
• Clean Energy Fuels: Clean Energy Fuels operates a network of CNG/LNG fueling stations serving transportation fleets, refuse haulers, and industrial customers. It is comparable to Ferus's LNG-dispensing and on-site fueling operations for high-horsepower and transportation applications.
• Stabilis Solutions: Stabilis Solutions provides small-scale LNG production, distribution, and dispensing for industrial, oilfield, and high-horsepower applications in North America. It is the closest direct competitor to Ferus NGF and Eagle LNG in the small-scale LNG infrastructure niche.

Broad incumbents

• Halliburton: Halliburton is one of the largest oilfield services companies and a key provider of CO2 and nitrogen pumping services for energized hydraulic fracturing, directly competing with Ferus Inc's energized completions offering within the petroleum industry.
• Schlumberger (SLB): SLB is the largest oilfield services company globally and supplies pumping, chemicals, and gas-handling services for hydraulic fracturing and production operations. It overlaps with Ferus Inc on the oil and gas services side and brings scale and capital that Ferus must compete against.
• Air Products and Chemicals: Air Products is a global industrial gas and hydrogen major with growing LNG/clean energy infrastructure exposure (including small-scale LNG and hydrogen liquefaction). It serves as a broad incumbent that competes with Ferus in industrial gas and is increasingly overlapping in small-scale LNG and clean fuels.
• Linde plc: Linde is the world's largest industrial gases company, supplying oxygen, nitrogen, hydrogen, and CO2 to industrial and energy customers globally. It is a broad incumbent competing with the Ferus Inc cryogenics business and increasingly moving into clean hydrogen/LNG adjacencies.

Emerging players

• Cemvita: Cemvita is an emerging biotech/energy startup using biology to produce industrial chemicals and clean fuels, including CO2 utilization. While much earlier-stage and technology-different, Cemvita represents an emerging competitive vector in industrial CO2 and clean fuels that could intersect with Ferus's energized completions and clean-fuel thesis over time.

Regional players

• ENN Energy: ENN is one of China's largest city gas and LNG distribution players, operating LNG receiving terminals, trucking fleets, and downstream distribution. It is comparable in business model to Ferus NGF (vertically integrated LNG distribution) but primarily serves the China market rather than North America.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ferus
• LinkedInlinkedin.com/company/ferus-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Ferus