Growing….

It is a great honor for us to welcome Petroleum Marketers Equipment Company (PME) into the D&H United family!  PME is like D&H United since it has a great history and reputation in our industry and market area.  By adding PME to the D&H United family, we now have 75 new team members (for a total of 350) along with branches in Oklahoma City and Tulsa.  It is really a great fit in several ways.  In addition to our long history and reputation, we both have similar people-oriented cultures with long time employees that have 10-, 20-, 30- and 40-year tenures.  We both offer service, construction, electrical, environmental along with equipment and parts sales.  We can now offer our customers and vendor partners more coverage and resources across our growing geographic footprint.  We are excited to continue our growth as a company.  Please join me in welcoming the team from PME and please help them out in any way possible.  

2021 Performance

We continue to do a good job in growing our company.  We just completed our fiscal 2021 year and were able to grow our company revenues by over 10% when compared to the prior year.  Part of our growth was the result of expansion into new geographies and investment in our team which resulted in higher operating expenses.  The result was that we met our 2021 budget and had a successful year.  We are well positioned for further growth and improvements in the coming year.  Thanks to everyone for all your contributions to a successful year.

Switch to Calendar Year

Speaking of budgets, we will be converting to a calendar year on January 1, 2022.  In doing so, we will transition to the calendar year by issuing a 6-month interim budget until the end of the calendar year.  Our goal in switching to a calendar year is to try to simplify things. Remember, one of our core values is to “keep it simple”.

I look forward to our next newsletter to continue to update you with our progress and initiatives as a company.