Petro Marine Services

Name

Petro Marine Services

Legal name

Petro 49, Inc.

Website

https://petromarineservices.com

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Petroleum Distribution and Marketing

NAICS

Marine Cargo Handling (488320)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

Marine Bunkering & Port Fuel Supply (EUALAIAG)

akta.pro secondary industries

Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA), Marine Lubricants Supply & Services (Cylinder/System Oils) (TLAHAKAJ)

Keywords

• Petroleum distribution
• Marine fuel services
• Fleet card programs
• Home heating fuel
• Lubricants and greases

Headquarters

HQ city

Anchorage

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Fuel Sales: Sale of petroleum fuels including Ultra Low Sulfur Diesel, gasoline, Jet A-50, Avgas, biodiesel, methanol, and propane to diverse Alaska industries and retail customers.
2. Lubricants and Greases: Sale of commercial oils, gear lubricants, greases, motor oils, marine lubricants, aviation lubricants, and synthetic lubricants through terminal locations.
3. Home Heating Fuel: Residential and commercial home heating fuel delivery services throughout service territory.
4. Barge/Marine Services: Fuel and packaged product delivery via chartered barges to coastal communities throughout Southeast and Southcentral Alaska, Kodiak Island and Alaska Peninsula.
5. Cardlock/Fleet Card Program: Petro Connect proprietary card system for commercial vehicle fueling with features including PIN selection, odometer tracking, and driver management.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Petro Marine Services markets and distributes petroleum products including fuels, lubricants, propane, and related petroleum supplies across Alaska and the Yukon Territory. The company sells directly to commercial, industrial, governmental, and residential customers through company-owned retail fueling stations, a proprietary cardlock/fleet card program, chartered barge delivery to coastal communities, and home heating fuel delivery.

Product overview

Petro Marine Services operates as Alaska's largest independent petroleum marketing and distribution company offering a portfolio of products and services. The core offering includes Petro One and Essential One fueling station networks, the proprietary Petro Connect fleet card program, and a web-based Petro Customer Portal for account management. The company provides barge services with a fleet including the Dale R. Lindsey tug and Petro Mariner barge for coastal fuel delivery. Product lines encompass fuels (diesel, gasoline, jet fuel, biodiesel, propane), lubricants and greases from major brands (CITGO, Chevron, Conoco), fuel additives, filters, and tanks/containers. The company also operates through affiliates North 60° Petro in Canada's Yukon Territory and Shoreside Petroleum in Southcentral Alaska.

Differentiator

Problem solved

Functional benefit

Products and services

• Fuels

Quantifiable outcome

• Petro Connect fleet card accepted at numerous locations across Alaska with 24-hour fueling availability
• +2 more outcomes

Named customers12 records

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• North 60° PetrocoreStrategic or Co-development PartnerNorth 60° Petro is a subsidiary/affiliate of Petro 49, Inc. operating in the Yukon Territory and northern British Columbia. The bulk terminal is located in Whitehorse with bulk agencies in Dawson City and Watson Lake. Serves mining, construction, aviation, transportation, government, and forestry trades with fuels, lubricants, and petroleum products. Has four commercial cardlock facilities and three aviation keylock depots.
• Shoreside PetroleumcoreStrategic or Co-development PartnerShoreside Petroleum is a Petro Marine affiliate located in south-central Alaska serving diverse customers with petroleum products, fuels, lubricants and services. Headquartered in Anchorage with locations in Cordova, Seward, Wasilla, and Whittier. Together with Petro Marine Services, committed to providing Fine Fuels, Super Service and Quality Lubricants to Alaska.

Scale indicators6 records

Recent moves6 records

Expansion highlights3 records

Others

• Vitol: World's largest independent energy trader with global physical petroleum distribution including bunkering; not a direct competitor at Petro Marine's scale but adjacent/ecosystem supplier in the wholesale and marine fuel value chain.

Broad incumbents

• Sheetz: Mid-Atlantic regional fuel marketer and convenience retailer operating company-owned fueling stations; comparable to Petro Marine's Petro One and Essential One retail station footprint in scale and direct-to-customer fuel marketing model.
• Marathon Petroleum: U.S. refiner and fuel marketer with downstream marketing operations including a Speedway retail network; operates at vastly greater scale but competes in similar wholesale and retail fuel markets as Petro Marine.
• World Fuel Services (World Kinect): Global marine and aviation fuel supplier with breadth far beyond Petro Marine's regional focus, but the marine bunkering product line and customer base (vessel operators, fleet customers) is directly comparable.
• Maverik: Mountain West and Intermountain regional fuel marketer and convenience retailer with its own branded retail fueling stations and loyalty program; comparable to Petro Marine's branded retail fuel operation and MPG loyalty program.
• BP: Global integrated oil major with direct Alaska upstream and downstream operations; competes in retail gasoline, commercial fleet fuel, and lubricants in the same Alaska and broader Pacific Northwest markets as Petro Marine.
• Sinclair Oil: Mountain West and Intermountain regional refiner-marketer with branded retail stations and wholesale fuel operations; comparable to Petro Marine as a regional petroleum distribution company with multi-state branded retail and lubricants offerings.
• Pilot Flying J: Large U.S. travel center and truck stop operator with branded retail fuel and proprietary fleet card programs; comparable to Petro Marine's Petro Connect fleet card and Petro One retail network in fleet fueling and branded fuel distribution.

Direct peers

• Crowley Maritime Corporation: Large Alaska marine logistics and energy distributor; sold its Juneau and Ketchikan fuel assets to Petro Marine in 2021, leaving remaining Alaska and Pacific marine energy distribution operations directly overlapping Petro Marine's barge-delivered marine fuel business.
• Delta Western: Pacific Northwest / Alaska-based independent petroleum distributor supplying fuel and lubricants to commercial, marine, and industrial customers — directly comparable to Petro Marine's regional bulk distribution and marina-based operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PetroMarineServices
• LinkedInlinkedin.com/company/petro-49-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 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 Petro Marine Services