Apex Petroleum
Apex Petroleum Corporation is a privately held B2B petroleum distributor (founded 1994, Maryland) that sells and delivers bulk motor fuels, heating oils, lubricants, natural gas, and fleet card services to commercial customers across construction, agriculture, production, forestry, mining, and transportation industries throughout the United States.
- Company typePrivate
- Founded1994
- HeadquartersUpper Marlboro, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Apex Petroleum does
Apex Petroleum Corporation is a privately held B2B petroleum distributor founded in 1994 and headquartered in Maryland, serving commercial customers across the United States. The company sells and delivers motor fuel, heating oils, marine fuels, and automotive-grade lubricants through four integrated product lines: bulk fuel wholesale (gasoline and diesel with 24-hour nationwide delivery and real-time tracking), the ApexCard fleet management program (driver-level spending controls and maintenance tracking), natural gas supply under the Apex Energy sub-brand, and FTL fuel logistics services. Its operations run on a proprietary, fully automated technology stack described as "Apex unique" that integrates selling, delivery, and invoicing, with pricing benchmarked against the Oil Price Information Service (OPIS).
The company pursues a sales-led go-to-market model targeting seven commercial verticals — construction (primary), agriculture, production/manufacturing, forestry, mining, transportation, and natural gas customers — via quote-based pricing, direct website lead capture, and a dedicated inside sales team reachable by phone and email. Revenue is generated through one-time bulk fuel wholesale transactions, recurring fleet card subscriptions, natural gas supply contracts, and FTL logistics fees, with offices in Gaithersburg (headquarters) and Baltimore and a primary market focus on the Metropolitan Washington D.C. area extending nationwide. The firm operates with 11–50 employees, has no disclosed institutional investors, and appears to be organically funded.
Apex Petroleum firmographics
Firmographics- Name
- Apex Petroleum
- Legal name
- Apex Petroleum Corporation
- Website
- https://apexpetroleum.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Apex Petroleum Corporation is a privately held B2B petroleum distributor (founded 1994, Maryland) that sells and delivers bulk motor fuels, heating oils, lubricants, natural gas, and fleet card services to commercial customers across construction, agriculture, production, forestry, mining, and transportation industries throughout the United States.
- Ownership category
- akta.pro rank
Apex Petroleum industry classification
Industry- Product category
- Commercial Petroleum Distribution
- NAICS
- Fuel Dealers (45721), Petroleum and Petroleum Products Merchant Wholesalers (4247)
- SIC
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)
- akta.pro primary industry
- Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD)
- akta.pro secondary industries
- Fuel Pricing, Loyalty & Payments Platforms (POS, Mobile Pay, Fleet Cards, Loyalty Programs) (EUALAIAK), Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)
Keywords
Where Apex Petroleum is headquartered
LocationHeadquarters
- HQ city
- Upper Marlboro
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Apex Petroleum business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Bulk Fuel Sales (Wholesale): Wholesale bulk fuel and oil delivery solutions for commercial operations anywhere in the United States. Provides gasoline, diesel, heating oil, marine fuels, and automotive grade lubricants.
- Fleet Card Services: Customizable fleet card program allowing businesses to control when, where, and how much drivers can purchase. Provides spending controls, tracking, and reporting capabilities.
- Natural Gas Supply: Reliable natural gas supply for a broad range of customers with competitive pricing backed by excellent customer service.
- Logistics Services: Full truckload (FTL) fuel supply logistics delivering fuel at precise time, place and price to commercial locations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Customized bulk fuel solutions |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Apex Petroleum product offering
Product offeringCore offering
Apex Petroleum is a privately held B2B petroleum distributor that supplies motor fuels (gasoline and diesel), heating oils, and automotive lubricants in bulk to commercial customers across the United States. The company complements its fuel supply with customizable fleet fueling cards, commercial natural gas supply under the Apex Energy brand, and full truckload (FTL) logistics services. Its primary customer base includes construction, agriculture, forestry, mining, production/manufacturing, and transportation operators.
Product overview
Apex Petroleum is a privately held petroleum products company offering an integrated portfolio of energy solutions to commercial customers throughout the United States. The core offerings consist of Bulk Fuel (Wholesale) for bulk fuel and oil delivery with 24-hour turnaround and real-time tracking, the Fleet Card for fuel expense management with spending controls and maintenance tracking, Natural Gas Supply for reliable natural gas distribution, and Logistics (FTL) services for full truckload fuel delivery. These products are designed to work together as a comprehensive fuel management ecosystem serving industries including construction, agriculture, production, forestry, mining, and transportation.
Differentiator
Problem solved
Functional benefit
Brands
- Apexcard: Fleet management card accepted at gas stations and maintenance locations nationwide for fuel purchases.
- Apex Energy
Products and services
- Bulk Fuel (Wholesale) Wholesale bulk delivery of gasoline, diesel, heating oil, and automotive lubricants priced using the OPIS index and delivered directly to commercial customer sites; targeted at construction, agriculture, forestry, mining, manufacturing, and transportation operators with their own storage tanks and equipment.
- ApexCard (Fleet Card) Customizable commercial fleet fueling card that lets businesses control driver and vehicle spending, set purchase limits, track fuel purchases in real time, manage expenses online, and earn rebates; designed for fleet operators across construction, agriculture, transportation, and related commercial sectors.
- Apex Energy Natural Gas Supply Commercial natural gas supply offered under the Apex Energy brand to commercial natural gas customers, complementing the company's bulk petroleum product portfolio.
- FTL (Full Truck Load) Logistics Full truckload freight logistics service with real-time tracking, dispatching, and reporting capabilities, leveraging the company's fleet and partner capacity; serves commercial customers needing transportation of bulk and related cargo.
Quantifiable outcome
- Reduce fuel costs by up to 15%
- +1 more outcomes
Companies that use Apex Petroleum
Customer profileSegments7 records
Ideal customer profiles3 records
Apex Petroleum technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Apex Petroleum partnerships and signals
Strategic signalScale indicators5 records
Recent moves4 records
Expansion highlights4 records
Apex Petroleum competitors and assessment
Company assessmentDirect peers
- WEX Inc. WEX is a leading fleet payment and fleet card platform with strong overlap to Apex's ApexCard offering; while larger and more tech-forward, it competes head-to-head for fleet-card share with Apex's commercial customers.
- Diesel Direct: Diesel Direct specializes in on-site and bulk diesel delivery to commercial customers including construction, fleets, and industrial sites, mirroring Apex's wet fueling and on-site storage capabilities for similar commercial end markets.
- Mansfield Energy Corp: Mansfield Energy is a direct competitor in commercial bulk fuel distribution and fleet card services, with multi-product offerings (gasoline, diesel, DEF, lubricants) and nationwide delivery — directly overlapping with Apex's bulk fuel, lubricants, and ApexCard product set across similar commercial segments.
- Petroleum Traders Corporation: Petroleum Traders is a regional wholesale petroleum distributor focused on commercial and industrial accounts with bulk fuel delivery and lubricants — closely comparable to Apex in customer profile, product mix, and direct delivery model.
- Fuelman (by WEX): Fuelman provides fleet fuel cards and fuel expense management for small and mid-market commercial fleets, directly competing for the same customer segment and use case as ApexCard.
Broad incumbents
- World Fuel Services: World Fuel Services is a global broad-line fuel distributor and energy services provider; bulk fuel and lubricants distribution to commercial/industrial customers is a core business that overlaps substantially with Apex's portfolio, though at far greater scale and geographic breadth.
- Core-Mark International: Core-Mark is a large broad-line distributor of fuel, convenience, and lubricants to retail and commercial customers, offering overlapping motor fuel and lubricant distribution capabilities to commercial customers across U.S. markets.
- Sunoco LP: Sunoco LP is one of the largest U.S. fuel distributors with extensive wholesale fuel and motor fuel distribution infrastructure, a broad incumbent that competes indirectly with Apex for commercial motor fuel accounts.
- Pilot Travel Centers / Pilot Flying J: Pilot Flying J is the largest travel center/truck stop operator in North America, a broad incumbent serving truck fleets and over-the-road commercial transportation customers that intersects with Apex's transportation segment and on-road fueling proposition.
Regional players
- Bluewing Fluid Power / Petroleum Distribution Companies (Mid-Atlantic): Regional Mid-Atlantic petroleum distributors compete with Apex for the same construction, transportation, and industrial customer base in Washington D.C., Maryland, and Virginia geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Apex Petroleum social profiles
Digital presenceApex Petroleum financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apex Petroleum leadership team
Management profileNumber of profiles
Apex Petroleum funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apex Petroleum M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Apex Petroleum
What does Apex Petroleum do?
Apex Petroleum is a privately held B2B petroleum distributor that supplies motor fuels (gasoline and diesel), heating oils, and automotive lubricants in bulk to commercial customers across the United States. The company complements its fuel supply with customizable fleet fueling cards, commercial natural gas supply under the Apex Energy brand, and full truckload (FTL) logistics services. Its primary customer base includes construction, agriculture, forestry, mining, production/manufacturing, and transportation operators.
Is Apex Petroleum a public or private company?
Apex Petroleum is a private company. It is classified as unknown and is currently operating.
When was Apex Petroleum founded?
Apex Petroleum was founded in 1994. It employs 11 to 50 people.
Where is Apex Petroleum based?
Apex Petroleum is headquartered in Upper Marlboro, United States, in the North America region.
How does Apex Petroleum make money?
Four revenue lines are on record. Bulk Fuel Sales (Wholesale) is the primary driver. The others are fleet Card Services, natural Gas Supply and logistics Services.
Who are Apex Petroleum's main competitors?
Direct peers on record are WEX Inc., Diesel Direct, Mansfield Energy Corp, Petroleum Traders Corporation and Fuelman (by WEX). Broad incumbents are World Fuel Services, Core-Mark International, Sunoco LP and Pilot Travel Centers / Pilot Flying J. Bluewing Fluid Power / Petroleum Distribution Companies (Mid-Atlantic) is listed as a regional player.
Does Apex Petroleum have an API?
No public API is recorded for Apex Petroleum.
What industry is Apex Petroleum in?
Apex Petroleum's product category is Commercial Petroleum Distribution. Its primary akta.pro industry code is EUALAIAD, Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery), with a secondary code of EUALAIAK, Fuel Pricing, Loyalty & Payments Platforms (POS, Mobile Pay, Fleet Cards, Loyalty Programs). Its NAICS code is 45721 and its SIC code is 5172.