Farstad Oil Inc. logo — company profile

Farstad Oil Inc.

Founded 1938 United States Minot, United States 84 employees Energy, Supply Chain +1

General Information

Company Name Farstad Oil Inc.
Founded Year 1938
Location United States Minot, United States +3
Employees 84
Industries Energy, Supply Chain, Oil and Gas
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About Farstad Oil Inc.

Farstad Oil Inc. is a third-generation family-operated company that was founded in 1938. It has evolved from a bulk oil business into a regional wholesale distributor of petroleum products. The company operates a fleet of over 50 transports, serving regions across North Dakota, Montana, Minnesota, South Dakota, and Wyoming. Notably, the Minot facility is the largest lubricant facility in the Midwest. Farstad Oil's annual distribution amounts to approximately 250 million gallons of gasoline and distillates, 20 million gallons of propane, and 2.5 million gallons of lubricants. The company operates within the Energy, Supply Chain, Oil, and Gas industries. Currently, there is no public record of their last investment or associated investors.

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FAQ About Farstad Oil Inc.

Farstad oil was founded in 1938 and is in the third generation of Farstad management.The company grew from a family operated bulk oil business to a regional wholesale petroleum products distributor. The fleet of over 50 transports currently serves all of North Dakota and Montana, along with large po...
Farstad Oil Inc. was founded in 1938.
Farstad Oil Inc. is headquartered in Minot, United States.
Farstad Oil Inc. operates in the following industries: Energy, Supply Chain, Oil and Gas.
Farstad Oil Inc. has approximately 84 employees.
Top alternatives and competitors to Farstad Oil Inc. include Olympic Petroleum Corporation, Homeland Energy Solutions LLC, Superior Tank Co., Inc., Lucero Energy Corp., Banyan Water. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Farstad Oil Inc. and Olympic Petroleum Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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