Canton, MA (March 13, 2026): FuelExchange™, the merger & acquisition service of Gray, Gray & Gray, LLP, announced the successful completion of a transaction in which Peak Propane was acquired by Evermore LTH. FuelExchange™ represented Peak Propane in the transaction. Patrick James, owner of Peak Propane, said, “Selling a business is a long, nuanced process, […]
FuelExchange Assists in the Sale of Peak Propane Read More »
Canton, MA (February 12, 2026): FuelExchange™, the merger & acquisition service of Gray, Gray & Gray, LLP, has announced the completion of a transaction in which Taylor Energy (Broad Brook, CT) acquired Wilson-Norige Oil Co. and Mobile Mix Concrete (Manchester, CT). FuelExchange™ represented Wilson-Norige Oil Co. in the transaction. “This was a textbook transaction, proving
FuelExchange Assists in Taylor Energy’s Acquisition of Wilson Norige Read More »
Companies that master forecasting consistently outperform their peers in profitability, growth, and market position. By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents Running a heating oil or propane delivery business without robust financial forecasting is like operating your delivery trucks without GPS in unfamiliar territory. You might eventually reach your
Financial Forecasting For Fuel Delivery Companies Read More »
We are pleased to announce the release of this year’s Energy & Propane Industry Survey results! This year, we introduced our 34th annual survey, which continued providing companies like yours with key benchmarking data for their present and future success. The 2025 Energy & Propane Survey results are based on reported operational and financial data
The Results Are In! Gray, Gray & Gray’s 2025 Energy & Propane Industry Survey Read More »
There is a reason investors and potential buyers examine cash flow patterns before profitability: consistent, positive cash flow demonstrates operational efficiency and resilience in a notoriously challenging industry. By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents In the fuel delivery industry, with its seasonal demands, volatile commodity prices and high
Why Cash Flow Optimization Is The Key To Profitability For Fuel Companies Read More »
A well-structured transition ensures that the entrepreneurial spirit, hard work and values and traditions of the founding generation are not lost By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents As the Baby Boomer generation approaches retirement, a significant amount of wealth is poised to be transferred to the younger generations.
8 Strategies For Effective Wealth Transfer In A Business Succession Read More »
Gray, Gray & Gray advisers powering propane growth (January 2026) Townsend Energy Acquires Alvin Hollis Co. (December 2025) Cota’s Propane Tank Service sells to Roberts Energy (December 2025) 2025 LP Gas Growth Summit: Meet the partners (October 2025) Propane Market Metrics: 2025 National Propane Industry Survey Results Now Available (September 2025) 10th LP Gas Growth
LP Gas Magazine Features Read More »
Canton, MA (April 1, 2025): Gray, Gray & Gray, LLP, a business consulting and accounting firm serving the heating oil and propane industry, has launched its 34th annual Energy & Propane Survey. The survey can be completed online at: https://www.gggllp.com/energy-survey-2025. Deadline for submission is June 17, 2025. Results are expected to be released in September.
2025 Gray, Gray & Gray Energy & Propane Survey Now Available Read More »
Expanding your footprint adds layers of complexities to tax compliance By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents For heating oil and propane distribution companies operating across multiple states, navigating the complex web of tax obligations requires careful planning and meticulous record-keeping. The expansion into neighboring states often brings significant
Tax Considerations For Multi-State Operations Read More »
The Alternative Fuel Tax Credit serves as an important federal tax benefit in the United States, reducing the tax burden for businesses and individuals who use fuel for specific qualifying activities. These activities include off-highway business operations, agricultural work and aviation purposes. To strengthen oversight of this program, the Internal Revenue Service has implemented new
IRS Tightens Oversight on Alternative Fuel Tax Credit Read More »