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Major Integrated Oil and Gas Corporation to Sell Unused Energy Assets on AllSurplus Marketplace

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Liquidity Services (NASDAQ: LQDT) has announced a sealed bid auction for three unused, uninstalled ANGI compressed natural gas (CNG) refueling stations on behalf of a major integrated oil and gas The auction, hosted on AllSurplus.com, runs until September 12, 2024, at 6:00 pm EDT. Each station includes duplex and simplex ariel compressors, storage vessels, dispensers, and starter assemblies.

Located in San Jose and Van Nuys, California, and Portland, Oregon, these assets offer a unique opportunity for fuel station operators, fleet operators, or companies entering the CNG fueling business. Buyers can bid on individual stations or all three, potentially saving significantly compared to new equipment costs while bypassing lengthy delivery times.

Liquidity Services (NASDAQ: LQDT) ha annunciato un'asta a offerta sigillata per tre stazioni di rifornimento di gas naturale compresso (CNG) ANGI, unused e non installate, per conto di una grande compagnia integrata di petrolio e gas. L'asta, ospitata su AllSurplus.com, si svolgerà fino a 12 settembre 2024, alle 18:00 EDT. Ogni stazione include compressori aerei duplex e simplex, serbatoi di stoccaggio, erogatori e assemblaggi di avviamento.

Situate a San Jose e Van Nuys, in California, e Portland, Oregon, questi beni offrono un'opportunità unica per operatori di stazioni di servizio, operatori di flotte o aziende che entrano nel settore del rifornimento CNG. Gli acquirenti possono fare offerte su stazioni individuali o su tutte e tre, risparmiando potenzialmente in modo significativo rispetto ai costi di attrezzature nuove e evitando lunghi tempi di consegna.

Liquidity Services (NASDAQ: LQDT) ha anunciado una subasta de oferta sellada para tres estaciones de repostaje de gas natural comprimido (CNG) ANGI, sin usar y no instaladas, en nombre de una importante compañía integrada de petróleo y gas. La subasta, hospedada en AllSurplus.com, se llevará a cabo hasta el 12 de septiembre de 2024, a las 6:00 p.m. EDT. Cada estación incluye compresores aéreos duplex y simplex, recipientes de almacenamiento, dispensadores y ensamblajes de arranque.

Ubicadas en San José y Van Nuys, California, y Portland, Oregón, estos activos ofrecen una oportunidad única para operadores de estaciones de combustible, operadores de flotas o empresas que entran en el negocio de repostaje CNG. Los compradores pueden pujar por estaciones individuales o por las tres, ahorrando potencialmente de manera significativa en comparación con los costos de equipos nuevos y evitando largos tiempos de entrega.

Liquidity Services (NASDAQ: LQDT)는 주요 통합 석유 및 가스 회사를 대신하여 사용되지 않고 설치되지 않은 ANGI 압축 천연 가스(CNG) 충전소 3곳에 대한 밀봉 입찰 경매를 발표했습니다. AllSurplus.com에서 진행되는 이번 경매는 2024년 9월 12일 오후 6시 EDT까지 진행됩니다. 각 스테이션에는 듀플렉스 및 심플렉스 에어리얼 컴프레서, 저장 용기, 디스펜서 및 스타터 조립품이 포함되어 있습니다.

캘리포니아의 샌호세와 반 나이스, 오리건의 포틀랜드에 위치한 이 자산들은 연료 스테이션 운영자, 함대 운영자 또는 CNG 연료 비즈니스에 진입하는 기업에게 독특한 기회를 제공합니다. 구매자는 개별 스테이션 또는 모두 입찰할 수 있으며, 새로운 장비 비용에 비해 상당한 절약을 예상할 수 있으며 긴 배송 시간을 우회할 수 있습니다.

Liquidity Services (NASDAQ: LQDT) a annoncé une vente aux enchères par appel d'offres scellé pour trois stations de ravitaillement en gaz naturel comprimé (CNG) ANGI inutilisées et non installées, pour le compte d'une grande entreprise intégrée de pétrole et de gaz. La vente, hébergée sur AllSurplus.com, se déroulera jusqu'au 12 septembre 2024 à 18h00 EDT. Chaque station comprend des compresseurs aériens duplex et simplex, des réservoirs de stockage, des distributeurs et des ensembles de démarrage.

Situés à San Jose et Van Nuys en Californie, et à Portland dans l'Oregon, ces actifs offrent une opportunité unique pour les opérateurs de stations-service, les gestionnaires de flottes ou les entreprises entrant dans le secteur du ravitaillement CNG. Les acheteurs peuvent enchérir sur des stations individuelles ou sur les trois, économisant potentiellement de manière significative par rapport aux coûts d'équipement neuf tout en évitant les longs délais de livraison.

Liquidity Services (NASDAQ: LQDT) hat eine versiegelte Gebotsauktion für drei ungenutzte, uninstallierte ANGI-Stationen zur Betankung von komprimiertem Erdgass (CNG) im Auftrag eines großen integrierten Öl- und Gasunternehmens angekündigt. Die Auktion, die auf AllSurplus.com stattfindet, läuft bis zum 12. September 2024, 18:00 Uhr EDT. Jede Station umfasst Duplex- und Simplex-Luftkompressoren, Speichertanks, Zapfsäulen und Startanlagen.

Diese Anlagen befinden sich in San Jose und Van Nuys, Kalifornien, sowie in Portland, Oregon, und bieten eine einzigartige Gelegenheit für Tankstellenbetreiber, Fuhrparkbetreiber oder Unternehmen, die in das CNG-Tankgeschäft einsteigen. Käufer können auf einzelne Stationen oder auf alle drei bieten, wodurch sie im Vergleich zu den Kosten für neue Ausrüstung erheblich sparen und lange Lieferzeiten umgehen können.

Positive
  • Opportunity for immediate operation of CNG stations, bypassing typical equipment delivery times
  • Potential for significant cost savings compared to purchasing new equipment
  • Flexibility for buyers to bid on single stations or all three
  • Equipment sourced from top-rated OEMs in the CNG industry
Negative
  • None.

Insights

This auction of unused CNG refueling stations presents an interesting opportunity in the alternative fuel market. While the sale itself may not significantly impact the seller's financials, it reflects broader industry trends. The availability of these assets suggests a potential shift in strategy for major oil and gas companies, possibly moving away from CNG investments. This could indicate changing market dynamics or a realignment towards other energy solutions.

For potential buyers, this auction offers a cost-effective entry into the CNG fueling business, potentially accelerating the adoption of natural gas as a transportation fuel. The immediate availability of these stations could stimulate local markets, particularly in California and Oregon, where environmental regulations favor cleaner fuel alternatives. However, the number of stations suggests this is more of a niche opportunity rather than a market-moving event.

From a financial perspective, this asset sale is likely to have a minimal direct impact on Liquidity Services' (NASDAQ: LQDT) bottom line. However, it demonstrates the company's ability to secure high-value contracts with major industry players, which could positively influence investor sentiment. The sale of these specialized assets showcases LQDT's diverse marketplace capabilities, potentially attracting similar contracts in the future.

For the unnamed oil and gas partner, this sale represents efficient capital management by liquidating unused assets. While the financial impact is likely negligible for a major , it signals a proactive approach to asset optimization. Investors should view this as a positive indicator of operational efficiency, albeit on a small scale. The broader implication is the potential industry-wide trend of divesting from certain alternative fuel investments, which warrants closer attention to future strategic decisions in the sector.

The auction features 3 uninstalled ANGI compressed natural gas refueling stations

BETHESDA, Md., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced the sealed bid auction of energy surplus assets for a leading integrated oil and gas partner. Three unused, uninstalled ANGI compressed natural gas (CNG) refueling stations are currently available until 6:00 pm EDT on September 12, 2024 on AllSurplus.com, the leading online marketplace for surplus business assets.

“This is a unique opportunity for current fuel or CNG station operators, fleet operators, or companies looking to enter the CNG fueling station business to bypass lengthy equipment delivery times and be up and operating immediately,” said Trey Valentino, account executive at Liquidity Services. “Additionally, the successful buyer or buyers will see significant price savings compared to purchasing new equipment. It’s also worth noting that this equipment is sourced from top-rated OEMs in the CNG industry.”

The assets, which each contain duplex and simplex ariel compressors, storage vessels, dispensers, and starter assemblies, are located in San Jose, Calif.; Van Nuys, Calif.; and Portland, Ore., and buyers have the option to submit a bid for any single station or all three. All bids will be sealed until the event’s closing, at which point the highest bidder for each category will be awarded the assets.

To view and place a bid on the available equipment, please visit AllSurplus.com.

About AllSurplus
AllSurplus is the world’s leading online marketplace for surplus business assets, ranging from heavy equipment to transportation and industrial machinery. AllSurplus is the smartest, fastest way to sell inventory and equipment as sellers can directly launch and manage their listings in just days with more control and lower fees than traditional auction solutions. AllSurplus is powered by one of the most experienced and trusted companies in the surplus industry: Liquidity Services (NASDAQ:LQDT), which has supported millions of customers across the globe. AllSurplus buyers have direct access to all the surplus assets across Liquidity Services’ network of marketplaces in one centralized location.

Contact:
Liquidity Services, Inc.
Public Relations
publicrelations@liquidityservices.com


FAQ

What assets is Liquidity Services auctioning on AllSurplus.com?

Liquidity Services is auctioning three unused, uninstalled ANGI compressed natural gas (CNG) refueling stations on AllSurplus.com.

When does the sealed bid auction for the CNG stations end?

The sealed bid auction for the CNG stations ends on September 12, 2024, at 6:00 pm EDT.

Where are the CNG refueling stations located?

The CNG refueling stations are located in San Jose, California; Van Nuys, California; and Portland, Oregon.

What components are included in each CNG refueling station?

Each CNG refueling station includes duplex and simplex ariel compressors, storage vessels, dispensers, and starter assemblies.

Can buyers bid on individual CNG stations or only as a package?

Buyers have the option to submit a bid for any single CNG station or all three stations.

Liquidity Services, Inc.

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