The Business
Able Energy, Inc. includes a number of corporations engaged in the retail distribution and provision of services relating to heating oil, propane, diesel, kerosene, gasoline (Liquid Energy) and related energy products and services. In addition to selling Liquid Energy products, Able Energy offers HVAC (heating ventilation and air conditioning) service, repair and installation.
Company Background
Able Energy has its roots in Able Oil, founded in the late 80's. Started as a one-truck operation, Able Energy has grown into a dominant Liquid Energy Company in Northern New Jersey and beyond.
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Key Facts
- Common stock is is currently quoted on the Pink Sheets (ABLE.PK) and Boston Stock Exchange (Boston Stock Exchange: AEI)
- Click here for information on Able Energy's management team: Gregory D. Frost, Chairman and Chief Executive Officer; Richard A. Mitstifer, President; William Roger Roberts, Chief Operating Officer and Daniel L. Johnston, Chief Financial Officer
- Serves over 30,000 customers through company owned facilities in New Jersey, Pennsylvania, New York, and Florida.
- Supports Able franchised businesses in Connecticut and Pennsylvania.
- Through Able's subsidiary PriceEnergy, the company serves customers from Virginia through Maine through it's proprietary e-commerce platform to purchase and manage liquid energy deliveries.