Marathon Energy has launched a wholesale division, expanding its inventory of fuel oil to create an “on demand” service for customers.
“We offer the benefits of a large commercial energy supplier with the flexible, personalized service only a small energy supplier can provide,” said Marathon co-founder and president Jerry Drenis.
Marathon Energy is among the fastest-growing companies in the tri-state
Marathon Energy provides fuel oil, electricity, natural gas, co-generation and solar energy to over 10,000 customers in the New York metropolitan area, New Jersey and Pennsylvania.
The Brooklyn-based family-owned firm has just been ranked among the fastest-growing private companies in the tri-state area by Inc. Magazine, and listed in the Inc. 500 following their power and gas affiliate’s staggering three-year growth rate of over 2,500 percent.
The move into wholesale has expanded Marathon’s oil supply options, giving the company a firmer hold over inventory and an ability to virtually deliver oil to their retail customers on demand.
“We have taken a significant inventory position at two of the largest oil terminal facilities in New York Harbor. By doing so, we have secured millions of gallons of our own fuel, independent of other suppliers. This will ensure the availability of product regardless of any local or worldwide issues,” said Drenis.
“And this month, we were granted a wholesale license by the State of New York, which allows Marathon to bring its experience and success from the retail business to the wholesale market, with focus on quality service at competitive prices.”
