CW Petroleum Corp (OTCQB: CWPE), a sustainable proprietary reformulated no ethanol fuel and biofuel provider, marked tremendous growth during this past year. Their gross revenue exceeded $8 million for a 16% increase from the previous year. With so many companies struggling during the pandemic, we sat with CEO Chris Williams to discover how his success was achieved.
Growth is key to business; no matter what outside factors are, you need to always be on the upswing. And in 2021, CW Petroleum Corp did just that. Chief Executive Officer Chris Williams shared, “We are pleased to announce a 16-percent increase in gross revenue for 2021. Strong demand for our No Ethanol fuel, along with a surge in consumer demand and higher gas prices, drove growth. We anticipate our bottom line to remain on a positive path as we raise additional funds to expand our footprint in new markets and continue to develop sustainable fuel products.”
Having a double digit increase in year over year growth sales is impressive for any company. Even more so when you were able to accomplish that in a pandemic year. Williams shared his top tips, “You need guts. What that means is the ability to not be afraid when it comes to any aspect of being an entrepreneur. You will need to be prepared to make sacrifices and lay it all out on the line. You will need to be able to make strategic bets on your business, as well as be very customer service centric. Also, it is important to pay close attention to detail.
The driving force behind the uptick in recent success is not only due to consumer demand but also backed by their dedication to providing superior customer service and quality. CW Petroleum Corp, a Texas corporation, started bringing biodiesel and biodiesel fuel blends to market and proprietary EPA-approved ethanol-free gasoline to distributors and end-users in 2015. Since then, with a strong foundation built on the knowledge of what needs to be improved upon in the energy industry and a team of dedicated professionals, the company has been able to appeal to a large customer base. Williams is set on improving the industry and going where the competition has not gone before to meet the needs of his intended demographic. CW Petroleum Corp, now a specialty blender of biodiesel fuels, can offer complete fuel services.
Williams added, “Since our inception, we have taken deliberate strategic and operational actions that have resulted in consistent year-over-year gross revenue growth. Looking into the new year, we expect to deliver another robust financial year that will positively affect our stock price.”