Petroleum Traders Corp — Federal Contractor Profile
PETROLEUM TRADERS CORP: $8.77B in Federal Fuel Supply Contracts
Contractor Overview
Total Contract Value: $8,766,803,227 ($8.8B)
Total Awards: 78
Company Profile
PETROLEUM TRADERS CORP is a significant federal contractor with a substantial footprint in government spending, having secured $8.77 billion in contracts over the years. The company specializes in a range of petroleum-related services, including fuel supply, logistics, and distribution. With 78 contracts averaging $112.39 million each, the company has a diverse portfolio across various government agencies, though specific agency clients are not disclosed. Notably, PETROLEUM TRADERS CORP has not secured any recent contracts, which may indicate a period of stability or potential shifts in their business strategy. The company's track record suggests a focus on competitive bidding, as all contracts were won through competition, with no sole-source awards. This indicates a strong market position and a robust competitive edge. The company's strategic direction is evident in their consistent performance and the scale of their contracts, which often involve large-scale fuel supply operations for military and civilian agencies. Overall, PETROLEUM TRADERS CORP plays a crucial role in supporting government operations, particularly in the areas of fuel logistics and distribution.
Specializations
- Fuel Supply
- Logistics
- Distribution
- Petroleum Services
- Military Fuel Support
- Civilian Fuel Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 90%
Competitive Position
PETROLEUM TRADERS CORP holds a dominant position in the federal fuel supply market, leveraging its extensive experience and robust logistics capabilities. The company's consistent performance and large-scale contracts indicate a strong market presence and competitive edge. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in business strategy or market conditions.
Value to Taxpayers
PETROLEUM TRADERS CORP provides good value for taxpayer money through its competitive bidding process and large-scale contracts. The company's focus on fuel supply and logistics ensures reliable and efficient support for government operations. However, the absence of recent contracts and the lack of specific agency clients may raise concerns about the company's current market position and future prospects.
Agency Relationships
While specific agency clients are not disclosed, PETROLEUM TRADERS CORP's contracts span various government agencies, indicating a diverse client base. The company's strong performance and competitive edge suggest that agencies rely on their services for reliable fuel supply and logistics. However, the lack of detailed information on agency dependencies may indicate a need for further transparency to assess potential risks.
Red Flags
- No recent contracts: This may indicate a shift in business strategy or market conditions.
- Lack of specific agency clients: This could suggest a need for further transparency and potential risks in agency dependencies.
- No sole-source awards: This may indicate a competitive market, but also suggests a lack of unique capabilities or niche expertise.
Green Flags
- 100% competitive win rate: This indicates a strong market position and robust competitive edge.
- Large-scale contracts: The company's ability to secure large contracts suggests reliability and efficiency.
- Diverse client base: The company's contracts span various government agencies, indicating a well-rounded business strategy.
Key Contracts
PETROLEUM TRADERS CORP's most significant contracts involve large-scale fuel supply operations for both military and civilian agencies. These contracts, averaging $112.39 million each, demonstrate the company's capability to handle complex logistics and distribution challenges. The scale and nature of these contracts reveal PETROLEUM TRADERS CORP's focus on providing reliable and efficient fuel support. The company's consistent performance in these contracts highlights its strong market position and competitive edge. However, the lack of recent contracts and the absence of specific agency clients may indicate a need for further transparency and potential risks in their business strategy.
Frequently Asked Questions
What does PETROLEUM TRADERS CORP do for the federal government?
PETROLEUM TRADERS CORP specializes in fuel supply, logistics, and distribution services for the federal government. The company supports military and civilian agencies with large-scale fuel operations, ensuring reliable and efficient support for government operations.
How much taxpayer money does PETROLEUM TRADERS CORP receive?
PETROLEUM TRADERS CORP has secured $8.77 billion in federal contracts, with an average contract size of $112.39 million. This indicates a significant investment of taxpayer money in the company's services.
Is PETROLEUM TRADERS CORP good value for taxpayer money?
PETROLEUM TRADERS CORP provides good value for taxpayer money through its competitive bidding process and large-scale contracts. The company's focus on fuel supply and logistics ensures reliable and efficient support for government operations. However, the absence of recent contracts and the lack of specific agency clients may raise concerns about the company's current market position and future prospects.
How does PETROLEUM TRADERS CORP win its contracts?
PETROLEUM TRADERS CORP wins its contracts through competitive bidding, with a 100% competitive win rate. The company's strong market position and robust logistics capabilities enable it to secure large-scale fuel supply contracts for various government agencies.
What agencies use PETROLEUM TRADERS CORP most?
While specific agency clients are not disclosed, PETROLEUM TRADERS CORP's contracts span various government agencies, indicating a diverse client base. The company's strong performance and competitive edge suggest that agencies rely on their services for reliable fuel supply and logistics.
What are the risks of relying on PETROLEUM TRADERS CORP?
The lack of recent contracts and the absence of specific agency clients may indicate a need for further transparency and potential risks in their business strategy. Additionally, the company's focus on competitive bidding and lack of sole-source awards may suggest a competitive market, but also a lack of unique capabilities or niche expertise.
How does PETROLEUM TRADERS CORP compare to similar contractors?
PETROLEUM TRADERS CORP holds a dominant position in the federal fuel supply market, leveraging its extensive experience and robust logistics capabilities. However, the company's lack of recent contracts and the absence of specific agency clients may indicate a need for further transparency and potential risks in their business strategy compared to competitors with more diverse or niche capabilities.
Recent Federal Contracts
Petroleum Traders Corp has 10 federal contracts on record. Below are the largest awards: