Sep 8, 2009
SMF Energy Corporation, formerly Streicher Mobile Fueling, Inc. formed in 1996, and its subsidiaries provide petroleum product distribution services, transportation logistics and emergency response services to the trucking, manufacturing, construction, shipping, utility, energy, chemical, telecommunication and government services industries.
SMF Energy Corporation
200 West Cypress Creek Road
Suite 400
Fort Lauderdale, FL 33309
Phone: 954-308-4200
Fax: 954-308-4222
Web Site: http://www.mobilefueling.com
Market Data
Price: $0.40
Market Cap: 6.0 M
Out Shares: 15,200,000
Exchange: NASDAQ CM-D
Stock Chart
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Overview
SMF Energy Corporation offers an extensive range of services to their customers. These services include; commercial mobile and bulk fueling; the packaging, distribution and sale of lubricants; integrated out-sourced fuel management; transportation logistics and emergency response services. Their fleet of custom tank wagons, tractor-trailer transports, box trucks and flatbed vehicles delivers diesel fuel and gasoline to customers’ locations on a regularly scheduled or as needed basis, refueling vehicles and equipment, re-supplying fixed-site and temporary bulk storage tanks and emergency power generation systems; and distributes a wide variety of specialized petroleum products, lubricants and chemicals to our customers. In addition, there fleet of special duty tractor-trailer units provides heavy haul transportation services over short and long distances to customers requiring the movement of over-sized or over-weight equipment and manufactured products.
SMF Energy Corporation sophisticated fueling solutions include the use of patented proprietary electronic fuel tracking control system to measure, record and track fuel dispensed to each vehicle and tank fueled at a customer location. This system allows customer verification of the amount and type of fuel delivered and provides customers with customized fleet fuel data which can be used for various types of management analysis as well as tax reporting. The commercial mobile fueling services they provide offer numerous advantages to customers, including lower labor and administrative costs associated with fueling vehicles; centralized control over fuel inventories and usage; tax reporting benefits; elimination of costs and risks of environmental liabilities associated with on-site fuel storage and dispensing facilities; reduced exposure to employee theft of fuel; and elimination of security breakdowns associated with off-site fueling by employees.
SMF Energy Corporation also provides emergency service and fuel delivery services in response to natural disasters and other widespread emergency conditions, including hurricanes, tropical storms, ice and snow storms, forest fires and earthquakes.
SMF Energy Corporation presently operates a fleet of over 200 specialized commercial vehicles from 31 operating locations serving major metropolitan markets in Alabama, California, Florida, Georgia, Louisiana, Mississippi, Nevada, North Carolina, South Carolina, Tennessee, and Texas. The Company will continue to pursue measured and profitable growth in these markets by selling existing services to new customers, and cross selling new services to existing customers or new services to new customers.
The Company also owns over 800 fuel and lubricant storage tanks with an excess of 1.7 million gallons of capacity. These tanks include bulk storage tanks located at our facilities and portable tanks used for the temporary storage and dispensing of fuels and lubricants at customers’ job sites.
Management
Richard E. Gathright, Chairman, Chief Executive Officer and President
Michael S. Shore, Chief Financial Officer, Senior VicePresident and Treasurer
Robert W. Beard, Senior Vice President, Marketing & Sales and Investor Relations Officer
Timothy E. Shaw, Senior Vice President, Information Services & Administration and Chief Information Officer
Paul C. Vinger, Senior Vice President, Fleet Operations and Corporate Planning
Gary G. Williams, Senior Vice President, Commercial Operations
News
· SMF Energy Expands Support to the United States Postal Service in Louisiana
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