Merrimac Energy Group

Name

Merrimac Energy Group

Legal name

Merrimac Energy Group

Website

https://merrimacenergy.net

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Wholesale Petroleum Distribution

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720), Petroleum Bulk Stations and Terminals (424710), Fuel Dealers (45721)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)

akta.pro secondary industries

Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD), Fuel Card & Fleet Payment Programs (TLABAMAA), Fuel Management & Fleet Card Programs (THADAKAH)

Keywords

• Wholesale fuel marketing
• Fleet card services
• Petroleum product distribution
• Custom fueling solutions
• Bulk fuel delivery

Headquarters

HQ city

Long Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fleet Card Services: Fleet card fueling services through Shell Fleet Navigator Card, providing transaction control, monitoring, and access to over 440,000 fuel and service centers nationwide. Revenue generated through card transaction fees and wholesale fuel pricing margins.
2. Custom Fueling Services: Direct wholesale marketing of refined petroleum products including gasoline, diesel, biofuels, hydrogen, jet fuel, aviation gasoline, marine fuels, propane, and lubricants. Revenue from product sales at competitive wholesale pricing with index-related or fixed price options. Includes emergency and rush delivery services.
3. Bulk Fuel Delivery: Bulk fuel delivery to job sites, facilities, and equipment including bobtail delivery, direct-to-locomotive fueling, and marine fuels. Revenue from delivery fees and product margins.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Merrimac Energy Group is a direct wholesale marketer of refined petroleum products providing two primary service lines: Fleet Card Fueling Services (powered by the Shell Fleet Navigator Card with access to over 440,000 fuel and service centers) and Custom Fueling Services (direct-to-site fuel delivery for government agencies, utilities, industrial facilities, Fortune 500 corporations, and construction companies across the Continental United States with 24/7 dispatch capabilities).

Product overview

Merrimac Energy Group operates as a direct wholesale marketer of refined petroleum products, offering two primary service lines: Fleet Card Fueling Services and Custom Fueling Services. The Fleet Card Fueling Service is powered by the Shell Fleet Navigator Card and provides fleet operators with transaction controls, real-time data dashboards, and access to a nationwide network of over 440,000 fuel and service centers. The Custom Fueling Services line serves government agencies, utilities, industrial facilities, and corporations through direct supply access at over 15 California terminals and a nationwide partner network. Both service lines are supported by proprietary technology including Insite360 FuelQuest for audit and inventory management, Insite 360 Veeder Root for computerized delivery tracking, DTN Energy satellite pricing feeds, and OPIS spot ticker for market intelligence. Additional sub-products include card lock programs, remote fuel inventory management, direct-to-equipment fueling, emergency services, and propane tank monitoring — all integrated under a unified fuel management platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Fleet Card Fueling Services

Quantifiable outcome

• Access to the largest national network of fuel, lube, and LNG providers with over 440,000 locations
• +3 more outcomes

Named customers10 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

Feature6 records

Partnerships

18 partnerships are on record, tiered core, minor and supporting.

• Shell Oil (Shell Fleet Navigator Card)coreChannel Partner/ Reseller/ DistributorMerrimac offers the Shell Fleet Navigator Card through a partnership with Shell Oil. This provides customers with access to the largest national network of fuel, lube, and LNG providers with over 440,000 locations. The partnership leverages Shell's reputation as a preeminent transportation service provider, providing credibility and nationwide coverage for fleet fueling services.
• Jiffy LubeminorChannel Partner/ Reseller/ DistributorFleet card services include access to Jiffy Lube service centers nationwide for vehicle maintenance and lubrication services through the Shell Fleet Navigator Card network.
• DTN EnergycoreTechnology or IntegrationReal-time pricing information through DTN Energy satellite feed providing up-to-the-minute market pricing data. This technology enables Merrimac to take advantage of market pricing trends in real time for optimal fuel purchasing scenarios for customers.
• OPIS (Oil Price Information Service)coreTechnology or IntegrationOPIS spot ticker provides spot market move reporting with midday and end-of-day trend information. Supplements DTN Energy feed for comprehensive market pricing intelligence enabling optimal purchasing decisions.
• Insite360 FuelQuestcoreTechnology or IntegrationFully integrated fuel management software solution provided as a complete audit tool that records gallons delivered, taxes collected, and includes data backup system. Also offers propane tank monitoring solutions with telemetry capabilities.
• Chevron CorporationsupportingStrategic or Co-development PartnerMajor supplier of refined petroleum products to Merrimac Energy Group. Chevron products available through Merrimac's distribution network including transportation and industrial lubricants.
• Conoco PhillipssupportingStrategic or Co-development PartnerMajor supplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• ValerosupportingStrategic or Co-development PartnerMajor supplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• PBF EnergysupportingStrategic or Co-development PartnerMajor supplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• Tesoro RefiningsupportingStrategic or Co-development PartnerMajor supplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• TargasupportingStrategic or Co-development PartnerSupplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• MotivasupportingStrategic or Co-development PartnerSupplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• NGLsupportingStrategic or Co-development PartnerSupplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• EnterprisesupportingStrategic or Co-development PartnerSupplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• World OilsupportingStrategic or Co-development PartnerSupplier of refined petroleum products to Merrimac Energy Group's wholesale distribution network.
• Epic AviationsupportingStrategic or Co-development PartnerSupplier of aviation fuels to Merrimac Energy Group's wholesale distribution network.
• WBENC (Women's Business Enterprise National Council)coreOthersMerrimac Energy Group is certified as a woman-owned business by WBENC. This certification enables access to government and corporate procurement programs that set aside contracts for women-owned businesses.
• American Public Power AssociationsupportingOthersMerrimac Energy Group maintains membership in the American Public Power Association, indicating specialization in serving utility company customers.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• WEX Inc. Public payments and fleet management platform offering fleet cards, fuel price management, and telematics. Wider portfolio than Merrimac but competes for the same enterprise fleet card spend and fuel procurement workflows.
• Fuelman / Comdata: Established fleet card and fuel payment providers owned by larger financial/energy parents. Compete with Merrimac's Shell Fleet Navigator offering on acceptance network, controls, and reporting.
• Pilot Travel Centers / Pilot Flying J: Large truck stop and travel center operator with proprietary fleet card program and nationwide fuel network. Competes with Merrimac for fleet fuel volume and card acceptance at scale.

Others

• American Public Power Association: Industry association for U.S. public power utilities, of which Merrimac is a member. Relevant peer because utilities are a primary customer segment for Merrimac's custom fueling services.

Direct peers

• Quarles Petroleum: Regional direct-to-customer fuel distributor serving commercial fleets, government, and industrial accounts with bulk fuel delivery, cardlock, and on-site fueling. Overlaps Merrimac in custom fueling, fleet card programs, and 24/7 emergency delivery.
• Mansfield Energy: Direct wholesale marketer of refined petroleum products and fleet fuel management provider for government, commercial, and industrial customers nationwide. Closely comparable to Merrimac in business model, customer mix, and reliance on direct terminal access and fleet card reselling.
• Pacific Pride (Fuelman/Pacific Pride Network): Commercial cardlock fueling network serving fleet operators across the U.S. with unattended fueling sites and transaction controls. Directly comparable to Merrimac's card-lock and fleet card product line.
• Sun Coast Resources: Large wholesale fuel marketer and cardlock/cardlock network operator serving commercial and government fleets across the U.S. Comparable in direct wholesale model, fleet card programs, and bulk delivery capabilities.

Emerging players

• TopSpeed (fleet card / fuel management): Smaller fleet fuel card and management provider focused on regional and mid-market fleets. Comparable to Merrimac in fleet card controls and reporting, but with a narrower geographic and customer footprint.
• Booster: Mobile and on-site fuel delivery provider that brings fuel directly to fleet yards and job sites. Adjacent to Merrimac's on-site wet-hosing and direct-to-equipment fueling for fleets and construction customers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/merrimacenergygroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Merrimac Energy Group