Capital City Energy Group Inc. (CETG.OB) Subsidiaries Help Drive Efficiency and Profitability
Capital City Energy Group Incorporated is an oil and natural gas company that employs a vertical integration strategy to become a leader in the industry. This strategy allows Capital City to run multiple operating companies as wholly-owned subsidiaries in an effort to become one of the largest and most efficient companies in the industry. While many competitors have to pay third party vendors for oil field services, Capital City has the option to go in-house and avoid the expensive and often unnecessary fees typically associated with third party interactions. Working with their subsidiaries on projects also gives them a greater…