EzFill Holdings, Inc. Successfully Closes Acquisition of Shell Fleet, Accelerating Nationwide Mobile Fueling Expansion
EzFill Holdings (NASDAQ: EZFL) has completed the acquisition of a Shell fleet, marking a significant expansion in its mobile fueling operations. The transaction, closed on December 27, 2024, adds 73 trucks to EzFill's fleet, bringing the total to 139 vehicles.
The company has expanded into four new markets: Phoenix, San Antonio, Houston, and Austin, while strengthening its presence in Dallas. EzFill now operates in 6 states across 14 markets, including Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville, and Detroit.
With this expansion, EzFill projects delivering approximately 16 million gallons with the newly acquired trucks in 2025. The company anticipates total deliveries of 26 million gallons and expects to generate over $100 million in revenues in 2025. CEO Yehuda Levy emphasized that this expansion could help achieve the scale needed for near-term profitability.
EzFill Holdings (NASDAQ: EZFL) ha completato l'acquisizione di una flotta Shell, segnando una significativa espansione nelle sue operazioni di rifornimento mobile. La transazione, conclusa il 27 dicembre 2024, aggiunge 73 camion alla flotta di EzFill, portando il totale a 139 veicoli.
L'azienda si è espansa in quattro nuovi mercati: Phoenix, San Antonio, Houston e Austin, mentre rafforza la sua presenza a Dallas. EzFill opera ora in 6 stati e 14 mercati, tra cui Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville e Detroit.
Con questa espansione, EzFill prevede di consegnare circa 16 milioni di galloni con i nuovi camion acquisiti nel 2025. L'azienda prevede consegne totali di 26 milioni di galloni e si aspetta di generare oltre 100 milioni di dollari di entrate nel 2025. L'amministratore delegato Yehuda Levy ha sottolineato che questa espansione potrebbe aiutare a raggiungere la scala necessaria per la redditività a breve termine.
EzFill Holdings (NASDAQ: EZFL) ha completado la adquisición de una flota Shell, marcando una expansión significativa en sus operaciones de combustible móvil. La transacción, cerrada el 27 de diciembre de 2024, añade 73 camiones a la flota de EzFill, llevando el total a 139 vehículos.
La empresa se ha expandido a cuatro nuevos mercados: Phoenix, San Antonio, Houston y Austin, mientras fortalece su presencia en Dallas. EzFill ahora opera en 6 estados a través de 14 mercados, incluyendo Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Ángeles, San Francisco, Nashville y Detroit.
Con esta expansión, EzFill proyecta entregar aproximadamente 16 millones de galones con los camiones recién adquiridos en 2025. La compañía anticipa un total de entregas de 26 millones de galones y espera generar más de 100 millones de dólares en ingresos en 2025. El CEO Yehuda Levy enfatizó que esta expansión podría ayudar a lograr la escala necesaria para la rentabilidad a corto plazo.
EzFill Holdings (NASDAQ: EZFL)가 Shell 플릿 인수를 완료하며 모바일 연료 공급 사업에서 중요한 확장을 이뤘습니다. 2024년 12월 27일에 종료된 이 거래로 EzFill의 플릿에 73대의 트럭이 추가되어 총 139대의 차량이 되었습니다.
회사는 피닉스, 샌안토니오, 휴스턴, 오스틴의 네 개 새로운 시장으로 확장했으며, 댈러스에서의 존재감을 강화하고 있습니다. EzFill은 이제 마이애미, 웨스트팜비치, 올랜도, 탬파, 잭슨빌, 로스앤젤레스, 샌프란시스코, 내슈빌, 디트로이트를 포함하여 6개 주에서 14개 시장에서 운영되고 있습니다.
이번 확장을 통해 EzFill은 2025년에 새로 인수한 트럭을 통해 약 1,600만 갤런의 연료를 공급할 것으로 예상하고 있습니다. 회사는 총 2,600만 갤런의 배달을 예상하며, 2025년에 1억 달러 이상의 수익을 올릴 것으로 기대하고 있습니다. CEO Yehuda Levy는 이 확장이 단기 수익성을 달성하는 데 필요한 규모를 확보하는 데 도움을 줄 수 있다고 강조했습니다.
EzFill Holdings (NASDAQ: EZFL) a achevé l'acquisition d'une flotte Shell, marquant une expansion significative de ses opérations de ravitaillement mobile. La transaction, conclue le 27 décembre 2024, ajoute 73 camions à la flotte d'EzFill, portant le total à 139 véhicules.
L'entreprise s'est étendue à quatre nouveaux marchés : Phoenix, San Antonio, Houston et Austin, tout en renforçant sa présence à Dallas. EzFill opère désormais dans 6 États à travers 14 marchés, y compris Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville et Detroit.
Avec cette expansion, EzFill prévoit de livrer environ 16 millions de gallons avec les nouveaux camions acquis en 2025. L'entreprise anticipe des livraisons totales de 26 millions de gallons et s'attend à générer plus de 100 millions de dollars de revenus en 2025. Le PDG Yehuda Levy a souligné que cette expansion pourrait aider à atteindre l'échelle nécessaire pour une rentabilité à court terme.
EzFill Holdings (NASDAQ: EZFL) hat den Erwerb einer Shell-Flotte abgeschlossen, was eine wesentliche Erweiterung seiner mobilen Betankungsoperationen markiert. Die Transaktion, die am 27. Dezember 2024 abgeschlossen wurde, fügt der Flotte von EzFill 73 Trucks hinzu, was die Gesamtzahl auf 139 Fahrzeuge erhöht.
Das Unternehmen hat sich in vier neuen Märkten ausgeweitet: Phoenix, San Antonio, Houston und Austin, während es seine Präsenz in Dallas stärkt. EzFill ist nun in 6 Bundesstaaten in 14 Märkten tätig, darunter Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville und Detroit.
Mit dieser Expansion erwartet EzFill, im Jahr 2025 etwa 16 Millionen Gallonen mit den neu erworbenen Trucks zu liefern. Das Unternehmen plant insgesamt 26 Millionen Gallonen zu liefern und erwartet, im Jahr 2025 über 100 Millionen Dollar Umsatz zu generieren. CEO Yehuda Levy betonte, dass diese Expansion dazu beitragen könnte, die notwendigen Größenordnungen für kurzfristige Rentabilität zu erreichen.
- Significant fleet expansion from 66 to 139 trucks (+73 vehicles)
- Market presence expanded to 14 markets across 6 states
- Projected revenue of over $100 million in 2025
- Expected delivery of 26 million gallons in 2025
- Path to profitability identified through economies of scale
- Currently not profitable
- Significant operational integration needed for newly acquired assets
Insights
The Shell fleet acquisition marks a transformative expansion for EzFill, with concrete metrics pointing to substantial growth potential. The addition of 73 trucks, bringing the total to 139, represents a
The market expansion from a single location to 14 markets across 6 states demonstrates impressive geographical diversification. Most notably, the strategic focus on major metropolitan areas with high commercial activity (Phoenix, Houston, Dallas, etc.) indicates strong revenue generation potential. The economies of scale from this expanded operation should help optimize costs and accelerate the path to profitability.
For a company with a market cap of just
The mobile fueling market is experiencing rapid growth and EzFill's strategic expansion positions it as a leading consolidator in this fragmented industry. The acquisition targets key high-growth markets - particularly in Texas and Arizona - where commercial fleet operations are robust. The company's app-based model and focus on commercial accounts creates recurring revenue streams and operational predictability.
The expansion from 4 trucks to 139 demonstrates strong execution capability. The strategic selection of markets shows careful consideration of population density, commercial activity and fuel consumption patterns. The concurrent operation in both established markets (Miami, Los Angeles) and emerging ones (Nashville, Phoenix) creates a balanced growth profile.
The mobile fueling industry's attractiveness is evidenced by Shell's willingness to divest these assets, suggesting a shift toward asset-light operations by major oil companies. This creates opportunities for specialized operators like EzFill to consolidate market share through strategic acquisitions.
Following the Closing of its 2024 Transactions, EzFill is Now Operating in Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville, Detroit, Dallas, Houston, Austin, San Antonio, and Phoenix
MIAMI, Jan. 07, 2025 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (NASDAQ: EZFL), a leading mobile fueling company, today announced the completion of its purchase of a fleet of trucks from Shell Retail and Convenience Operations LLC (“Shell”), a wholly owned subsidiary of Shell Oil Products US. By integrating these trucks into its existing fleet, EzFill has significantly bolstered its operational capacity and expanded its service footprint in Texas while launching in Arizona and furthering its mission to provide efficient and reliable fueling solutions across its growing service areas.
The transaction closed on December 27, 2024. As a result, EzFill has officially commenced operations in four new markets: Phoenix, San Antonio, Houston, and Austin; and expanded operations in Dallas. EzFill has started integrating the Shell trucks into its fast-growing infrastructure.
The goals of the acquisition include:
Expanding EzFill’s Fleet: The acquisition adds 73 trucks, increasing the fleet to 139. This expansion will bolster operational capacity, allowing the Company to handle a larger volume of commercial accounts and ensure timely service delivery in new and existing markets. EzFill expects to deliver approximately 16 million gallons with these new trucks alone, in 2025.
Experiencing Market Growth and Further National Expansion: With the purchase, EzFill now has a presence in 6 states and 14 markets, including: Miami, West Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco, Nashville, Detroit, Dallas, Houston, Austin, San Antonio, and Phoenix.
“The expansion of our fleet and the opening of new markets is a significant milestone in our journey toward achieving national operations and a strong market presence,” said EzFill CEO Yehuda Levy. “We grew this company from a small four-truck operation in Miami Beach and are now operating 139 trucks across the country. As one of the largest app-based mobile fueling companies, we hope to deliver upwards of 26 million gallons and produce over
Alongside recent strategic moves such as acquiring Yoshi Mobility’s fuel division, EzFill remains focused on driving innovation, scaling its service model, and delivering enhanced value to customers across a growing national footprint.
About EzFill Holdings, Inc.
EzFill is a Miami-based on-demand mobile fueling service that provides fuel delivery directly to consumers and businesses, eliminating the need for traditional gas stations. As one of the largest mobile fuel delivery platforms in the United States, EzFill focuses on convenience, safety, and efficiency for its users. Visit us at ezfl.com.
Forward-Looking Statements
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Investor Contact:
PCG Advisory
Jeff Ramson
jramson@pcgadvisory.com
FAQ
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