Texas-based CW Petroleum Corp Reaches $8 Million in Gross Sales

CW Petroleum Corp (OTCQB: CWPE) is a leading supplier and distributor of biodiesel, biodiesel blends, ultra-low sulfur diesel fuel, gasoline, and a proprietary EPA-approved reformulated no ethanol gasoline. The company is led by CEO Chris Williams, a 10-year industry veteran who launched CW Petroleum with $53 in his bank account and has grown it into the business it is today.

The company just announced that in 2021 it exceeded the previous year’s gross revenue, bringing in over $8 million. 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.”

Expansion is in the works and a big part of their proposed roadmap for success. They plan to increase their presence in the Northeastern USA and Chicago markets this year, which is expected only further to impact their bottom line positively.

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.”