
(Source: Shutterstock.com)
Palmdale Oil has acquired Combs Oil Co., bringing together two Florida-based fuels and refined products distributors.
Financial terms of the transaction were not disclosed.
Naples, Florida-based Combs Oil, founded in 1967, distributes diesel fuel, gasoline, lubricants and other products across Southwest Florida. The company also holds bulk plant storage infrastructure, including tanks, rolling stock and inventory.
"We are thrilled to join forces with Palmdale – a family-founded and operated business that shares our dedication to excellence and personalized customer service," said Combs Oil CEO Dennis Combs.
Palmdale, based in Palm Beach Gardens, Florida, provides fuels, lubricants and chemicals delivery and management services for customers across the state.
“This partnership will expand our presence in a target market and allows us to better serve our collective customers in the region,” said Palmdale CEO Lachlan Cheatham. “As we continue to focus on thoughtfully growing our footprint, we are excited to expand our service offerings to the Combs customer-base and want to thank Dennis and his team for all of their hard work building Combs into the business it is today.”
RELATED
Predictions 2025: Downward Trend for Oil and Gas, Lots of Electricity
Recommended Reading
E&P Highlights: Feb. 3, 2025
2025-02-03 - Here’s a roundup of the latest E&P headlines, from a forecast of rising global land rig activity to new contracts.
E&P Highlights: March 24, 2025
2025-03-24 - Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.
Valeura Boosts Production, Finds New Targets in Gulf of Thailand
2025-03-03 - Valeura Energy Inc. has boosted production after drilling three development wells and two appraisal wells in the Gulf of Thailand.
E&P Highlights: March 10, 2025
2025-03-10 - Here’s a roundup of the latest E&P headlines, from a new discovery by Equinor to several new technology announcements.
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
2025-03-19 - Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.