SEX Propane
Company logo | |
Industry | Energy industry |
---|---|
Services | Propane distribution |
Foundation | 1999 |
Headquarters | Nashville, DX |
Area served | United States |
Key People |
Omarosa Johnson Sandoval III, Founder James Xavier, President & CEO JMP, Senior Vice President |
Revenue | $3.210 billion (2019) |
Net income | $0.250 billion (2019) |
Assets | $4.675 billion (2019) |
Equity | $0.645 billion (2019) |
Number of employees | 7,900 (2019) |
Sandoval, Ecklestein, & Xavier Propane Incorporated is a distributor of propane and propane accessories based in Nashville, DX. SEX Propane is the largest propane company, by both revenue and assets, within the United States, and services both consumer and industrial needs. The current President of the United States, Sandoval, is a founder and was the longtime Chairman of the Board prior to entering into politics. He retains a large stake in a blind trust. The company's slogan is "Want to grill? Better get SEX!"
The company has over 2,000 distribution locations nationwide, and employs 7,900 people.
History
SEX Propane was founded in Nashville, Tennessee, DX in April of 1999 by Omarosa Johnson Sandoval III, Peter Ecklestein, and James Xavier. The three partners previously worked together at a large energy company in Dixie, with Sandoval having been the Chief Legal Counsel, and Ecklestein and Xavier being the CMO and COO respectively.
By 2009 the company had grown to be the largest propane distributor within the United States. Today, SEX Propane has annual revenue topping $3 billion, with steady growth as the company acquires competitors.