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April 26, 2015 10:46 PM ET

Specialty Retail

Company Overview of SPF Energy, Inc.

Company Overview

SPF Energy, Inc. operates through its subsidiaries Superpumper, Inc. and Farstad Oil, Inc. The company’s subsidiaries Superpumper Inc. operates a regional chain of convenience stores and gasoline stations in North Dakota, Minnesota, South Dakota, and Montana regions and Farstad Oil Inc. offers wholesale transportation of petroleum products including gas, fuel, propane, and lubricants. SPF Energy, Inc. was founded in 1996 and is based in Minot, North Dakota. As of January 8, 2014, SPF Energy, Inc. operates as a subsidiary of Parkland Fuel Corporation.

100 NE 27th Street

Minot, ND 58702-1847

United States

Founded in 1996

Phone:

701-852-1194

Fax:

701-838-6955

Key Executives for SPF Energy, Inc.

President
Age: 61
Chief Operating Officer
Age: 67
Secretary and Treasurer
Compensation as of Fiscal Year 2014.

SPF Energy, Inc. Key Developments

SPF Energy, Inc. Acquisition of Five Retail Sites in North Dakota

Parkland Fuel Corporation announced it has entered into agreements to acquire five retail sites in North Dakota through its subsidiary SPF Energy, Inc. The North Dakota Acquisition is complementary to Parkland's existing operations and extends Parkland's retail footprint into the Bismarck and Dickinson areas. The North Dakota Acquisition is expected to add approximately 24.6 million litres (6.5 million gallons) of volume on an annual basis and represents an acquisition of multiple of approximately five times annualized EBITDA.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 31, 2015
Five Retail Sites In North Dakota
 

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