OPIS

Rockville, United States Founded: 1977 • Age: 49 yrs Acquired By News Corp
Energy and chemical market data and insights are provided by OPIS.

About OPIS

OPIS is an Energy & Utilities company based in Rockville (United States) founded in 1977 by Ben Brockwell and Tom Kloza, and was acquired by News Corp in February 2022. Energy and chemical market data and insights are provided by OPIS. It operates on a Data-as-a-Service and Subscription Services model in Energy & Utilities and Technology sectors. OPIS has completed 4 acquisitions, including Axxis, GasBuddy and NAVX. Its website opisnet.com draws about 46 thousand monthly visits. OPIS offers products and services including OPIS Spot Pricing, OPIS RackPro, and OPIS Retail Fuel Analytics. Its focus areas include Energy, Oil & Gas, Energy Data & Analytics and Renewable Energy. Its legal entity is Oil Price Information Service, LLC. Its competitors include Drillinginfo, Maana and Lone Star Analysis; 2 of its 3 listed competitors have raised funding.

Company details

OPIS is recognized as a leading provider of news, data, and analysis for energy, chemical, and environmental commodity markets worldwide. Services are offered to various sectors including refiners, wholesalers, retailers, traders, and financial institutions. Solutions encompass spot and rack pricing, real-time news alerts, and analytics for commodities like gasoline, diesel, jet fuel, LPGNGL, crude oil, and renewable fuels. Coverage is extended to global markets with a focus on price transparency and market volatility management.

  • Headquarters Rockville, United States
  • Founders Ben Brockwell, Tom Kloza
  • Stage Acquired
  • Sectors
    Energy & Utilities
    Technology
  • Website category Heavy Industry and Engineering · Energy Industry
  • Email
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  • Phone
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  • Website opisnet.com
  • Social LinkedIn X Facebook
  • Acquired by IHS Markit (Jan 2016)
  • Legal Name Oil Price Information Service, Llc
Key Metrics

Products & Services of OPIS

OPIS offers a comprehensive portfolio of products and services, including OPIS Spot Pricing, OPIS RackPro, and OPIS Retail Fuel Analytics.

OPIS Spot Pricing
Energy Data

Spot pricing data for energy commodities is provided.

OPIS RackPro
Wholesale Fuel Pricing

Real-time wholesale fuel pricing data is delivered interactively.

OPIS Retail Fuel Analytics
Retail Analytics

Retail fuel pricing and performance analytics are offered.

Investors in OPIS

OPIS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IHS Markit and News Corp.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
New York-based multinational mass media company
1980newscorp.comNew York, United States
Online data source platform for information, analytics, and solutions for governments and financial markets
1959ihsmarkit.comLondon, United Kingdom
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Investor details for OPIS

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  • Round participation
  • Investor portfolios
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People of OPIS

4 people are tracked at OPIS (3 in leadership, 1 in team).

NameRoleGroup
Ben Brockwell
Co-FounderLeadership
Tom Kloza
Co-FounderLeadership
Charles Dayton
Vice President of Market AnalyticsLeadership
John Lowell
Senior AnalystTeam
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Complete people profiles for OPIS

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  • Team structure
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Investments & Acquisitions by OPIS

OPIS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Axxis, GasBuddy and NAVX.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Market prices and news on petrochemicals are delivered daily.
petrochemwire.comAustin, United States2007Aug 2018β€’β€’β€’β€’
Limited information available
navx.infoLevallois Perret, France2006Mar 2015β€’β€’β€’β€’
Gas prices in the US are aggregated through user crowdsourcing.
gasbuddy.comChicago, United States1999Mar 2013β€’β€’β€’β€’
Axxis is engaged in providing fuel management automation solutions.
axxispetro.comRockville, United States1991Aug 2005β€’β€’β€’β€’
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Complete acquisition details for OPIS

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of OPIS

7 dated milestones of OPIS across 45 years, from founding to its latest funding, stage changes and deals.

  1. Founded OPIS is founded.
  2. Acquisition Acquires Axxis.
  3. Acquisition Acquires GasBuddy.
  4. Acquisition Acquires NAVX.
  5. Exit Acquired by IHS Markit.
  6. Acquisition Acquires PetroChemWire.
  7. Exit Acquired by News Corp.

Competitors of OPIS

OPIS has 3 listed competitors in our database, 2 of them funded. They include Drillinginfo, Maana and Lone Star Analysis.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
drillinginfo.com1999Austin, United States$219.14M
Data analytics solutions are offered for upstream oil and gas.
maana.io2012Palo Alto, United States$90.22M107
Analytics and knowledge graph platform is offered for multi-industry applications.
lone-star.com2006Addison, United States116
Predictive and prescriptive analytics are delivered to the industrial sector.
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Detailed competitors of OPIS

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of OPIS

The website of OPIS (opisnet.com) receives about 46.5K visits a month and ranks #462,626 among all websites worldwide, #6,096 in Energy Industry.

  • Monthly visits
    46.5K

    ▼ 12.4% vs previous month

  • Unique visitors
    12.9K

    per month

  • Global rank
    #462,626

    among all websites

  • Category rank
    #6,096

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with OPIS. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
petroleumtraders.com
petroleumtraders.com
100%
–
eia.doe.gov
eia.doe.gov
99%
–
eia.gov
eia.gov
99%
#41,551–
opis.com
opis.com
80%
#391,795–
buckeye.com
77%
15.3K#1,505,290View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 16 similar websites and full traffic analytics for OPIS

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  • 16 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

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Top companies in Oil & Gas Technology Solutions

3 companies that operate in the same segment as OPIS (Oil & Gas Technology Solutions) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based software for manufacturing process optimization is offered.
1981Bedford, United StatesUSD 100 MUSD 5.21 M64
Cloud infrastructure and AI-optimized data centers are provided.
2018Denver, Colorado, United StatesUSD 6.67 B1,820
AI-driven urban datasets and analysis tools are offered by Urbint.
2015New York, New York, United StatesUSD 130.08 M
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Related news about Opis

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Complete news archive for OPIS

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about OPIS

OPIS was founded in 1977.

OPIS is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.

OPIS is recognized as a leading provider of news, data, and analysis for energy, chemical, and environmental commodity markets worldwide. Services are offered to various sectors including refiners, wholesalers, retailers, traders, and financial institutions. Solutions encompass spot and rack pricing, real-time news alerts, and analytics for commodities like gasoline, diesel, jet fuel, LPGNGL, crude oil, and renewable fuels. Coverage is extended to global markets with a focus on price transparency and market volatility management.

OPIS's top competitors include Drillinginfo, Lone Star Analysis and Maana.

OPIS offers OPIS Spot Pricing, OPIS RackPro, and OPIS Retail Fuel Analytics.

OPIS has made 4 acquisitions, including Axxis, GasBuddy, and NAVX.

OPIS has 2 investors. Key investors include IHS Markit, and News Corp.

OPIS operates through Oil Price Information Service, Llc.

Yes. OPIS was acquired by IHS Markit in January 2016.

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