Insights

Global Energy Player Prax is a British multinational in oil and gas with end-to-end integration across upstream to downstream, presenting cross-border opportunities for suppliers, service providers, and technology partners aiming to support energy trading, logistics, and refining operations.

Sustainability Focus The company emphasizes reducing carbon footprint and embracing transitional fuels, signaling potential interest in low-emission technologies, carbon tracking, sustainability reporting tools, and ESG-compliant procurement solutions.

Tech Stack Fit Prax already leverages SAP, Azure, WordPress, Shopify, Jira, and security/firewall tooling, indicating openness to enterprise software, cloud-based platforms, supply chain integrations, e-commerce for fuel/product sales, and digital transformation partnerships.

Mid-market Scale With 201-500 employees and revenue in the hundreds of millions, Prax sits in a sweet spot for mid-market enterprise solutions, including ERP optimization, data analytics, CRM enhancements, and managed services tailored to mid‑sized global energy players.

Growth Momentum Recent emphasis on innovative customer solutions and a lean, dynamic structure suggests opportunities around growth-stage services such as strategic consulting, digital customer experience, analytics for pricing and logistics, and partnerships to accelerate market expansion.

Similar companies to Prax

Prax Tech Stack

Prax uses 8 technology products and services including WordPress, CookieYes, SAP, and more. Explore Prax's tech stack below.

Media & News

Prax's Email Address Formats

Prax uses at least 5 email formats:
Prax Email FormatsExamplePercentage
First.Last@praxpetroleum.comJohn.Doe@praxpetroleum.com
95%
First.Middle@praxpetroleum.comJohn.Michael@praxpetroleum.com
2%
Fir.Last@praxpetroleum.comJoh.Doe@praxpetroleum.com
3%
First.Last@prax.comJohn.Doe@prax.com
91%
Last@prax.comDoe@prax.com
9%

Frequently Asked Questions

What is Prax's stock symbol?

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Prax is a publicly traded company; the company's stock symbol is PRAX.

What is Prax's official website and social media links?

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Prax's official website is prax.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Prax generate?

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As of August 2026, Prax's annual revenue is estimated to be $250M - $500M.

What is Prax's NAICS code?

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Prax's NAICS code is 211 - Oil and Gas Extraction.

How many employees does Prax have currently?

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As of August 2026, Prax has approximately 315 employees across 5 continents, including Europe, Africa and North America. Key team members include Chief Financial Officer: B. L., Head Of Marine Operations: E. U. K. and Head Of Corporate It - Refinery: S. B. Explore Prax's employee directory with LeadIQ.

What industry does Prax belong to?

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Prax operates in the Oil and Gas industry.

What technology does Prax use?

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Prax's tech stack includes WordPress, CookieYes, SAP, Shopify, Atlassian Jira, Cisco Meraki, Palo Alto Firewalls and Microsoft Azure.

What is Prax's email format?

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Prax's email format typically follows the pattern of First.Last@praxpetroleum.com. Find more Prax email formats with LeadIQ.

How much funding has Prax raised to date?

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As of August 2026, Prax has raised $300M in funding. The last funding round occurred on Sep 11, 2023 for $300M.

When was Prax founded?

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Prax was founded in 1999.
Prax logo

Prax

Oil and GasEngland, United Kingdom201-500 Employees

Prax is a British multinational and independent energy company in the oil and gas sector, headquartered in London, United Kingdom. It conducts activities across the full oil value chain, dealing in crude oil, petroleum products and biofuels, with operations spanning upstream to downstream. The company employs 201-500 people and is located at 45 Seymour Street, London, W1H 7JT. Prax describes its mission as conducting business responsibly with emphasis on excellence, integrity and philanthropy, and it aims to reduce its carbon footprint while embracing transitional fuels. The firm operates on a global scale, positioning itself as a global presence in the energy market. Reported revenue ranges from 250 million to 500 million with funding around 300 million.

Section iconCompany Overview

Website
prax.com
Stock Symbol
PRAX
NAICS Code
211 - Oil and Gas Extraction
Founded
1999
Employees
201-500

Section iconFunding & Financials

  • $300M

    Prax has raised a total of $300M of funding over 1 rounds. Their latest funding round was raised on Sep 11, 2023 in the amount of $300M as a Debt Financing.

  • $250M - $500M

    Prax's revenue is estimated to be in the range of $250M - $500M

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