YOU DELIVER POWER TO YOUR CUSTOMERS. WE GIVE YOU THE POWER TO DO MORE.
With 78 years of experience working with fuel oil and propane marketers and convenience store owners, Gray, Gray & Gray has established a reputation as the energy industry’s leading accounting, consulting and business advisory firm. Working with dealers from coast to coast, our professionals are intimately familiar with the market complexities and evolving challenges in the energy arena.
We have pioneered such innovative industry resources as the FuelTrack™ analysis tool, FuelExchange™ clearinghouse for buying and selling energy businesses, online delivery cost calculator and dealer margin calculator, and the emerging practice of joint ventures as a business exit strategy. Over the past three decades our annual energy industry survey has become the benchmark for financial and operational performance among fuel oil and propane companies. Our professionals are widely published in energy journals and highly sought after as speakers at energy conferences and webinars.
Our involvement with energy clients is deep, wide and consistently focused on providing the power to do more. More for their customers, more for their employees, more for their communities, and more for the owners and stakeholders who drive the business. We deliver this power by applying the experience we have gained through seven decades of working in the energy industry.
As management consultants we work with clients to help them understand and successfully operate in the complex market driving supply, demand, costs and margins – all factors that impact profitability. We deliver timely and accurate information and analysis that is mission critical for the decision-making process. All supported by a range of high-level tax, audit and accounting services that establish a solid foundation for growth.
Get the advantage of the power of more by accessing the experience and expertise of the energy industry’s most complete resource for business growth and success.
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Among our exclusive services for the energy industry are:
- Propane Survey – Annual “snapshot” of the industry to assist propane companies with benchmarking
- Oilheat Survey – Annual “snapshot” of the industry to assist energy companies with benchmarking
- FuelExchangeTM – Merger & acquisition service for the oilheat, petroleum and propane industry
- FuelTrack® – An exclusive management analysis tool that compares energy dealer statistics and operating results
- Business Planning – Formulate business plans and advise on key management decisions
- Valuations – Calculations of Business Value
We offer a full scope of management support and advisory services, along with all the traditional financial, accounting and tax services, to give you a powerful advantage in today’s market.
Consulting & Management Advisory
- Project profitability and financial benchmarking
- Accounting software and systems
- Merger and Acquisition support
- Calculations of value
- Bank financing support
- Loan compliance assistance
- Succession planning
- Cash flow forecasting
- Business formation and structure planning
- Wealth management services for shareholders
Tax & Assurance
- Federal and multi-state tax planning and preparation
- Monitor and apply changes in tax laws or accounting standards
- Tax deferral strategies
- Choice of entity
- Energy tax incentives
- IRS examination assistance
- Capital gains strategies
- Complex tax projections
- Individual business owner tax preparation
- Audits, reviews and compilations of financial statements
- Conduct internal control reviews and recommendations
- Benefit plan audits
Fueling Your Future Newsletter
Get the latest news on ways to increase your profitability and maximize your growth with the help of Gray, Gray & Gray.
News & Events
Oil Delivery Cost Calculator
Pinpoint your true delivery costs
Oilheat Margin Calculator
Calculate the Minimum Daily and Minimum Program margins required to make your company profitable
What Inflation Means for Your Company’s Operating Expenses Webinar Recording
Gray, Gray & Gray co-presents webinar with Cetane Associates, April 2022
Avoiding Catastrophic Mistakes in the Face of Unprecedented Price Volatility Webinar Recording
Gray, Gray & Gray co-presents webinar with Warm Thoughts Communications and Twin Feathers, March 2022
Price Spike Webinar Recording
Gray, Gray & Gray co-presents webinar with Warm Thoughts Communications and Angus Energy, November 2021
“Fueling Your Future” WEBINAR #2: The New Approach to Transactional & Succession Planning for Energy Companies
Gray, Gray & Gray co-presents webinar with Federated Insurance and Robinson + Cole, June 2020
“Fueling Your Future” WEBINAR #1: Helping Energy Companies Plan for What Comes Next
Gray, Gray & Gray co-presents webinar with Warm Thoughts Communications, June 2020
NEFI Coronavirus Financial Planning Phase 2
Gray, Gray & Gray Director & Energy Practice Group Chair, joins in NEFI webinar on April 1, 2020
NEFI Coronavirus Financial Planning Phase 1
Gray, Gray & Gray Director & Energy Practice Group Chair, joins in NEFI webinar on March 23, 2020
Gray, Gray & Gray not only knows our business inside and out, they understand the oilheat industry and how to make the most of our opportunities. We have always relied on Gray, Gray & Gray to keep us on top of the many changes occurring in the accounting field as well as changes in the oil industry.
Our relationship with Gray, Gray & Gray has strengthened from generation to generation, from my father who worked with the original Gray brothers to my own connection with the firm today. We count on them as more than just accountants, but as someone we can trust with everything from business strategy to financial planning. It’s been a great partnership.
I have been very impressed by the support Gray, Gray & Gray provides to us. Not only is the information they deliver to us timely and accurate, it is well presented and easy to act upon. Their reputation in the financial community is also an advantage for us. When we tell a banker that we work with Gray, Gray & Gray, they visibly relax because they know we are in good hands.
Gray, Gray & Gray is not limited to providing only traditional accounting. They have become involved in everything from strategic planning to operations, and have also provided personal tax planning and succession planning for us. They are among our most trusted advisors.
Gray, Gray & Gray Client Success Story Spotlight
Holden Oil: Holden Oil has been fueling the North Shore region of Massachusetts since 1924. From a humble start as a corner gas station, the company has grown to become a leader in fuel oil and propane distribution, keeping countless families warm and safe all winter long.
Atlantic-Pratt Energy: Four generations of the Nogueira family have combined to make Atlantic-Pratt Energy the “go to” company for home comfort in Braintree, Massachusetts and the surrounding towns. Known for excellent, responsive service, company owner Don Nogueira was looking for the same qualities when seeking an accounting firm. He found them in Gray, Gray & Gray.
BantamWesson: BantamWesson’s goal is to make life simpler and easier for homeowners like you. Everything BantamWesson does is backed by extensive training, industry certifications, and a guarantee that their work meets the highest professional standard.
Achieving Success Through an Integrated Approach to a Business Sale
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Discover how we can give you the power to do more.
In addition to our work for retailers, we are called upon by oilheat and petroleum organizations and associations to provide insight into business issues facing the industry. Gray, Gray & Gray is an active member of the Connecticut Energy Marketers Association (CEMA), Energy Marketers Association of New Hampshire (EMANH), Energy Marketers Association of Rhode Island (EMARI), Fuel Merchants Association of New Jersey (FMANJ), Maine Energy Marketers Association (MEMA), Massachusetts Energy Marketers Association (MEMA), Mid Atlantic Propane Gas Association (MAPGA), National Propane Gas Association (NPGA), New England Convenience Store & Energy Marketers Association (NECSEMA), National Energy & Fuels Institute (NEFI), New Jersey Propane Gas Association (NJPGA), New York Propane Gas Association (NYPGA), Pennsylvania Petroleum Association (PPA), Pennsylvania Propane Gas Association (PAPGA), Propane Gas Association of New England (PGANE), Southeast Propane Alliance (SEPA), Virginia Propane Gas Association (VAPGA), and Virginia Petroleum & Convenience Marketers Association (VPCMA).