Helping Petroleum Marketers Uncover ProfitabilityTM

Thumbnail Image

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

« learn more

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

« learn more

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

« learn more

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.

return»
Scroll to Top