About OPIS
OPIS is a company based in Rockville (United States) founded in 1977 by Ben Brockwell and Tom Kloza was acquired by News Corp in February 2022. It operates as a Data-as-a-Service, and Subscription Services. OPIS has completed 4 acquisitions, including Axxis, GasBuddy and NAVX. OPIS offers products and services including OPIS Spot Pricing, OPIS RackPro, and OPIS Retail Fuel Analytics. OPIS operates in a competitive market with competitors including Drillinginfo, Cognite, Kayrros, Enverus and Maana, among others.
- Headquarter Rockville, United States
- Founders Ben Brockwell, Tom Kloza
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Sectors
Energy & UtilitiesTechnology
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Email
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Phone
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Website
*********
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Social
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- Legal Name Oil Price Information Service, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
IHS Markit
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Axxis
& 3 more
- Acquired by
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Products & Services of OPIS
OPIS offers a comprehensive portfolio of products and services, including OPIS Spot Pricing, OPIS RackPro, and OPIS Retail Fuel Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Spot pricing data for energy commodities is provided.
Real-time wholesale fuel pricing data is delivered interactively.
Retail fuel pricing and performance analytics are offered.
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Funding Insights of OPIS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OPIS
OPIS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IHS Markit and News Corp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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New York-based multinational mass media company
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Online data source platform for information, analytics, and solutions for governments and financial markets
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OPIS
OPIS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Axxis, GasBuddy and NAVX. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Market prices and news on petrochemicals are delivered daily.
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2007 | ||||
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Limited information available
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2006 | ||||
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Gas prices in the US are aggregated through user crowdsourcing.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OPIS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Opis Comparisons
Competitors of OPIS
OPIS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Drillinginfo, Cognite, Kayrros, Enverus and Maana, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Data analytics solutions are offered for upstream oil and gas.
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AI-based software for production data analysis and collaboration is provided.
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Environmental footprints are measured via satellite imagery and AI analysis.
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Accounts payable and receivable solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Analytics and knowledge graph platform is offered for multi-industry applications.
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| domain | founded_year | HQ Location |
Data and insights on Oil and Gas industry
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Opis
Frequently Asked Questions about OPIS
When was OPIS founded?
OPIS was founded in 1977.
Where is OPIS located?
OPIS is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
What does OPIS do?
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.
Who are the top competitors of OPIS?
OPIS's top competitors include Cognite, Kayrros and Drillinginfo.
What products or services does OPIS offer?
OPIS offers OPIS Spot Pricing, OPIS RackPro, and OPIS Retail Fuel Analytics.
How many acquisitions has OPIS made?
Who are OPIS's investors?
OPIS has 2 investors. Key investors include IHS Markit, and News Corp.
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