Riggs Oil Revenue, Growth & Competitor Profile

DBA BLACK DIAMOND FOOD & GAS

Company Profile & Annual Report for Riggs Oil

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Riggs Oil Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	4247 Petroleum & Petroleum Products Merchant Wholesalers
Additional NAICS Codes	44711 Gas Stations with Convenience Stores 45431 Heating Oil Dealers (Fuel Distributors)
Address	1505 1st Avenue Big Stone Gap, VA 24219

Note: Revenues for privately held companies are statistical evaluations.


Riggs Oil's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Riggs Oil's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Riggs Oil is classified as operating in the Petroleum & Petroleum Products Merchant Wholesalers industry, NAICS Code 4247.

Riggs Oil Annual Revenue and Growth Rate

Riggs Oil	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Riggs Oil's revenues are gauged from an analysis of company filings.

Riggs Oil's Income Statement (based on Industry Averages)

Riggs Oil P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of Riggs Oil's Largest Competitors

A competitive analysis shows these companies are in the same general field as Riggs Oil, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
PETROLEUM DISTRIBUTION	San Antonio, TX	100
FJ MANAGEMENT	Salt Lake City, UT	39
US VENTURE	Appleton, WI	30
BRENNTAG NORTH AMERICA	Reading, PA	21
ANDRETTI GROUP	Grants Pass, OR	19
SUPERIOR PLUS ENERGY SERVICES	Rochester, NY	15
COLONIAL GROUP	Savannah, GA	15
PARKLAND USA	Minot, ND	13
RELADYNE	Cincinnati, OH	9

Nearby Competitors

These companies are similar in business line and location to Riggs Oil. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
RIGGS OIL	Big Stone Gap, VA	100
UNIVERSAL COMPANIES HOLDINGS	Abingdon, VA	32
DUTT & WAGNER OF VIRGINIA	Abingdon, VA	21
ADDINGTON OIL	Gate City, VA	17
HIGHLANDS PETROLEUM OIL	Abingdon, VA	8
VIRGINIA BEVERAGE	Bristol, VA	3
WALLING DISTRIBUTING	Bristol, VA	1

Future Competition: Riggs Oil's Fastest Growing Competitors

These companies are in the same general field as Riggs Oil and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)