Helping Petroleum Marketers Uncover ProfitabilityTM
Nova Energy specializes in helping petroleum marketers uncover profitability in each gallon sold.
We combine decades of industry and financial expertise with sophisticated enterprise technology to remove the mystery of petroleum profitability.
Trading
Nova Energy provides hedging support through a wide range of financial services that reduce the inherent risk in petroleum marketing.
Arbitrage
Nova Energy specializes in helping petroleum marketers use arbitrage to increase profitability.
Technology
Nova Energy Technology (NET) is Nova Energy’s proprietary software designed to help petroleum marketers uncover profitability for every gallon sold.
Purchasing
With more than 50 years of fuel buying experience, Nova Energy helps clients purchase fuel cost-effectively by leveraging our relationships with the major petroleum suppliers.
Proprietary Nova Software Uncovers Profitability
Boosting per-gallon profitability requires sophisticated technology. Nova Energy Technology (NET) is Nova Energy's proprietary software designed to help petroleum marketers uncover profitability for every gallon sold.
Transparency = Delivered Cost Per Gallon
Transparency
For the past decade, NET has given petroleum marketers the transparency required to know the delivered cost per gallon, without tracking through cumbersome spreadsheets. This includes input, output and hedging costs.
NET combines purchased gallons with hedge values and terminaling costs to deliver a true cost per gallon. The software tracks purchases and sales by batch, which allows profitability review by date, product, market, terminal and customer. You can access data through an easy-to-use dashboard 24 hours a day, seven days a week.
return»Daily Contract Pricing and Lifting Volumes
Pricing
Arbitrage billing and reconciliation can be very complicated, encompassing pump and delivery tickets, pipeline reconciliations, tariffs, PTO fees, location variances and true-ups. NET processes all of this automatically, eliminating the confusion and complexity associated with pipeline transactions.
return»New Dispatch Functionality Boost Profitability
Dispatch
Nova Energy recently made a significant upgrade to NET by creating a dashboard for dispatchers that tracks supplier contract prices against the gallons lifted on those contracts. The liftings are updated every 30 minutes, so dispatchers have current and accurate information about which drivers have the best price at remaining volumes.
This upgraded functionality eliminates unnecessary delays at terminals, which reduces costs and boosts profitability.
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