POSTED BY capSpire ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Gravitate
Today’s market for buying and selling refined products is highly competitive and margins are tight. Lots of wholesale marketers compete for sales to a limited number of fuel buyers. Faced with a glut of choices, buyers tend to purchase based solely on who offers the lowest price at any given time. Unfortunately, in this landscape, …
POSTED BY capSpire ON January 19, 2019 IN Blog, News, Press Release
We did it again. In 2018, for the sixth year in a row, capSpire has been recognized among the fastest-growing private companies in the U.S. As a result of 152% growth in revenue over the last three years, capSpire ranks #2,734 on the prestigious Inc. 5000 List, which is published annually by Inc. magazine. This …
POSTED BY Thomas Hunt ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Optimization
Limited takeaway capacity in the Permian and the widening of the WCS-WTI spread are benefiting some independent refiners. (The Permian Basin crude hub is located in Midland, where prices are benchmarked against the WTI Cushing price [Mid-cush spread]. Canadian crude from the prolific oil sands is called the West Canadian Select, and it is settled …
POSTED BY capSpire ON January 19, 2019 IN Blog, Careers, News
David Skinner was the 2018 Summer Intern for the Gravitate team in Fayetteville, Arkansas, and is continuing to intern with the team during the fall semester. He is a senior at the University of Arkansas, where he is pursuing a B.S. in Computer Science. The first line of the company handbook states that “capSpire is …
POSTED BY capSpire ON January 19, 2019 IN Blog, E/CTRM, Events, News
Come meet other commodity-industry professionals and discover ideas for improving your business operations while enjoying complimentary hors d’oeuvres and drinks in a relaxed, social atmosphere. All area professionals who work in the commodity industry are invited to attend a networking mixer at the trendy Glow Bar Lounge at the Hotel President Wilson in Geneva, Switzerland. …
POSTED BY capSpire ON January 19, 2019 IN Allegro, Blog, E/CTRM, Events, News
It’s one of the only events in the technology space in which users are given the opportunity to steer product development—and capSpire will be right there in the action. Held annually, the Allegro User Group (AUG) Meeting gathers Allegro customers representing some of the world’s most prestigious companies together in one place to discuss current …
POSTED BY capSpire ON January 19, 2019 IN Blog, Careers, News
In the nine years since capSpire began as an energetic start-up, the company has garnered consistent praise for creating a unique and desirable workplace culture—including winning the When Work Works Award five years consecutively as well as six-time inclusion on the Inc. 5000 List. Now Entrepreneur magazine has taken notice by selecting capSpire as receipt …
POSTED BY capSpire ON January 19, 2019 IN Blog, News
Following several years of continual growth, capSpire is pleased to celebrate the expansion of its European headquarters based in Cork, Ireland. For more than nine years capSpire has widely been considered the expert in energy and commodity trading technology; hence, capSpire’s European footprint has grown steadily across all service verticals including advisory consulting, project delivery, …
POSTED BY Ben Ridgway ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Optimization
The shoulder seasons bring significant uncertainty to natural-gas markets. During this time, unexpected weather events in particular can wreak havoc on spot natural-gas prices. Imagine the scenario in which bid week took place just over two weeks ago, during which baseload purchases and sales for October were negotiated, as well as firm transport on pipeline …
POSTED BY capSpire ON January 19, 2019 IN Allegro, Blog, E/CTRM
After your company completed its implementation of Allegro and fully transitioned to the new system, your back office has likely enjoyed a great deal of relief from many of the challenges of handling high trade volume. Even so, it is great to take a pause afterward to assess what other efficiencies and job aids can …
