NOCO Energy Corporation
NOCO Energy Corporation is a family-owned Western New York energy supplier serving retail, commercial, industrial, and residential customers.
Last updated August 31, 2026
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Overview
NOCO Energy Corporation is a family-owned and operated energy company headquartered in Tonawanda, New York, in the Buffalo metropolitan area. Founded in 1933 by Reginald B. Newman, the business began as a fuel company and developed over several generations into a diversified regional supplier of energy products and related services. The company’s activities have included gasoline, commercial fuels, industrial lubricants, bio-products, home-energy fuel, and heating and cooling systems. Its business has therefore extended beyond retail gasoline into fuel distribution and service categories for commercial, industrial, and residential customers. The company’s history reflects the structure of a long-standing regional energy business: expansion of storage and terminal capabilities, addition of product lines, and later development of a branded network of service stations. The business was incorporated on January 12, 1948, as R.B. Newman Fuel Company. Reginald Newman’s sons joined the company during the following decade: Donald F. Newman became involved in 1954, and Reginald B. Newman II joined in 1960. Their participation coincided with the acquisition of a new terminal facility and broader product expansion. NOCO opened its first gasoline station in 1964, establishing a retail presence in addition to its fuel-supply operations. For much of its modern retail history, the company operated gasoline stations in Western New York under the NOCO Express banner. In 2014, it expanded into the City of Buffalo by acquiring a privately owned station at Elmwood Avenue and Forest Avenue and later announcing the takeover of another station at Lexington Avenue and Elmwood Avenue, including the Tim Hortons operation at that location. These transactions represented an effort to extend the company’s branded retail footprint into Buffalo proper. NOCO subsequently changed its retail strategy. Until 2019, the company operated 39 gas stations in Western New York. It then exited the convenience-store business, selling 33 locations to Marathon Petroleum Corporation for operation under the Speedway banner and leasing the remaining six to private operators using their own brands. This transaction reduced NOCO’s direct retail-store presence while leaving the company focused on its broader energy-supply and services portfolio. NOCO’s positioning is regional rather than global: it combines local-market familiarity, family ownership, fuel distribution, and a range of energy-related products. Its documented business scope includes both conventional petroleum products and selected bio-product initiatives, as well as equipment and services associated with residential heating and cooling. The company remains an active privately held enterprise, although detailed information about its current leadership, financial performance, and post-2019 operating structure is not established in the supplied reference material.
History
NOCO Energy Corporation traces its origins to 1933, when Reginald B. Newman established the business in Western New York. The company was incorporated on January 12, 1948, under the name R.B. Newman Fuel Company. Its early development was rooted in fuel supply and distribution rather than a large retail-station network. The next stage of the company’s development involved the participation of the Newman family’s succeeding generation. Donald F. Newman joined the company in 1954, followed by Reginald B. Newman II in 1960. During this period, the company acquired a new terminal facility and expanded the range of products it handled. These changes provided a foundation for growth in fuel distribution and related commercial services. NOCO entered gasoline retailing in 1964, when it opened its first gas station. Over time, the company built a network of Western New York stations operating under the NOCO Express name. Retail operations complemented its broader portfolio, which included gasoline, commercial fuels, industrial lubricants, bio-products, home-energy fuel, and heating and cooling systems. In 2014, NOCO began a more visible expansion into Buffalo proper. In March, it acquired a privately owned station at Elmwood Avenue and Forest Avenue. In July, it announced the takeover of another privately owned station at Lexington Avenue and Elmwood Avenue, together with the Tim Hortons business at that location. These were described as the company’s first two NOCO-owned stores within the City of Buffalo. The company later reversed course in convenience retailing. By 2019, NOCO had operated 39 gasoline stations in Western New York, but it exited the convenience-store business that year. Marathon Petroleum Corporation acquired 33 locations for conversion or operation under its Speedway banner. The other six locations were leased to private owners who operated them under their own brands. This transaction materially changed NOCO’s consumer-facing retail footprint and reflected a strategic emphasis away from direct convenience-store operation. The supplied sources do not establish a complete account of NOCO’s current executive team, financial results, ownership percentages, or the detailed scale of its operations after the 2019 retail divestment. They do, however, identify the company as family-owned and operated and describe an ongoing business focused on regional energy products and services.
- 2019
Retail-station divestment
[1]NOCO sold 33 of its 39 stations to Marathon Petroleum for Speedway operation and leased six others to private operators.
- 2014
Initial expansion into Buffalo
[1]NOCO acquired a station at Elmwood Avenue and Forest Avenue and announced a second Buffalo takeover later that year.
- 1964
First gasoline station opens
[1]NOCO opened its first gasoline station, beginning its retail-fueling operations.
- 1960
Reginald B. Newman II joins the business
[1]Reginald B. Newman II joined the company as the next generation entered the business.
- 1954
Donald F. Newman joins the business
[1]Donald F. Newman joined the family company.
- 1948
Incorporation as R.B. Newman Fuel Company
[1]The company was incorporated on January 12, 1948, under the R.B. Newman Fuel Company name.
- 1933
Company founded
[1]Reginald B. Newman founded the business that became NOCO Energy Corporation.
Products and positioning
A family-owned regional energy supplier combining fuel distribution, petroleum products, lubricants, bio-products, and residential heating and cooling services in Western New York.
Motor fuel · 1964
Gasoline
Gasoline has been part of NOCO’s business since the company opened its first station in 1964. The company later marketed gasoline through its NOCO Express station network in Western New York. Direct operation of that retail network was substantially reduced after the 2019 sale and leasing of its stations.
Fuel distribution
Commercial fuels
NOCO supplies commercial fuels as part of its regional energy-distribution activities. The available sources identify commercial fuel as a core business area but do not specify the full product range, contract structure, or current service footprint.
Industrial fluids
Industrial lubricants
Industrial lubricants form part of NOCO’s non-retail energy portfolio. They extend the company’s offering beyond transportation fuels toward industrial customers and equipment-related applications.
Alternative and renewable energy products
Bio-products
NOCO has identified bio-products among its business lines and has also been associated with an ethanol initiative. The supplied material does not provide enough detail to identify specific products, volumes, or current programs.
Residential energy
Home energy fuel
Home-energy fuel is a residential offering within NOCO’s regional service portfolio. It complements the company’s heating and cooling activities and its historic role as a fuel supplier.
HVAC systems and services
Heating and cooling systems
NOCO’s documented scope includes heating and cooling systems, indicating a move beyond fuel sales into residential energy equipment and related services. The available sources do not specify manufacturers, installation coverage, or service plans.
Brand decisions
2019
Exit from convenience-store operationsStrategyBackground
NOCO operated 39 gas stations in Western New York under the NOCO Express banner before changing its retail strategy.
Action taken
The company sold 33 stations to Marathon Petroleum Corporation for operation under the Speedway banner and leased the remaining six to private operators using their own brands.
Aftermath
The transaction reduced NOCO’s direct convenience-store presence and shifted its emphasis toward its broader energy-supply and service activities.
Recent events
- 2019
NOCO exits the convenience-store business[1]
M&A
NOCO sold 33 of its 39 Western New York gas stations to Marathon Petroleum Corporation for operation under the Speedway banner and leased the remaining six to private operators using their own banners.
- 2014
NOCO expands into Buffalo with Elmwood and Forest station acquisition[1]
M&A
NOCO acquired a privately owned gasoline station at the intersection of Elmwood Avenue and Forest Avenue, marking its first documented company-owned retail location in the City of Buffalo.
- 2014
NOCO announces a second Buffalo station takeover[1]
M&A
The company announced plans to take over another privately owned station at Lexington Avenue and Elmwood Avenue, along with the Tim Hortons operation at that site.
Sources1 sources
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