What is P & D Petroleum?
P & D Petroleum Inc., established in 1989 and family-owned, operates from Lovington, New Mexico. For over three decades, the company has been a provider of high-quality petroleum products and services. Their offerings encompass a comprehensive range, including fuel, lubricants, tanks, parts, and hoses, serving both residential and commercial clientele. P & D Petroleum emphasizes building enduring customer relationships through a personalized approach to understanding and meeting individual needs, a philosophy that has guided their operational expansion.
How much funding has P & D Petroleum raised?
P & D Petroleum has raised a total of $77K across 1 funding round:
Debt
$77K
Debt (2021): $77K with participation from PPP
Key Investors in P & D Petroleum
PPP
Public-Private Partnership
What's next for P & D Petroleum?
The recent influx of expansion capital at a significant Series B/C stage suggests P & D Petroleum is poised for a period of aggressive scaling and market penetration. This strategic investment will likely fuel initiatives aimed at broadening their service area, enhancing product lines, and potentially upgrading infrastructure to meet growing demand. The company's established reputation for quality and customer-centric service, combined with this new financial backing, positions them for sustained growth and increased market share within the petroleum industry.
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