SureTrader Nadex Advertisement Interactive Brokers Advertisement SureTrader
Home > Boards > US OTC > Oil/Gas/Natural Energy Production > MMEX Resources Corp. (MMEX)

MMEX refinery income.. Doing some DD it looks

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
HokieHead Member Profile
Member Level 
Followed By 441
Posts 27,350
Boards Moderated 3
Alias Born 09/30/04
160x600 placeholder
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/25/2017 2:26:41 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/19/2017 1:01:43 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/27/2017 6:12:07 AM
These Energy Companies May Have Significant Potential and Initiating Coverage on a Mobile Tech Company "InvestorsHub NewsWire" - 4/20/2017 9:00:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/17/2017 10:19:37 AM
USMJ Experiencing High Volume On Verge Of PPS Breakout With Stock Rated Very Bullish And Major Short Position Getting Squeezed "InvestorsHub NewsWire" - 4/6/2017 11:49:40 AM
USMJ and PURA PPS Rocket Launch Potential Triggered By Major News Forcing Short Squeeze "InvestorsHub NewsWire" - 4/4/2017 9:15:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/3/2017 1:23:43 PM
Amended Quarterly Report (10-q/a) "Edgar (US Regulatory)" - 3/29/2017 1:18:07 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 3/28/2017 2:51:25 PM
Halitron, Inc. (OTC Pink: HAON) Signs LOI for $4.5 million Acquisition Target, First Since Non-Toxic Funding "InvestorsHub NewsWire" - 3/20/2017 6:40:00 AM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 3/17/2017 11:17:20 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 3/13/2017 12:56:48 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 3/10/2017 8:31:03 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 2/24/2017 2:47:11 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 2/13/2017 8:16:34 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 2/3/2017 12:02:03 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 1/30/2017 11:12:12 AM
Annual Report (10-k) "Edgar (US Regulatory)" - 1/13/2017 4:51:46 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 12/6/2016 11:29:06 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 12/5/2016 10:23:24 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 12/5/2016 8:13:34 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 11/17/2016 6:11:55 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 11/15/2016 1:23:43 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 11/1/2016 2:09:59 PM
HokieHead Member Level  Tuesday, 03/21/17 12:34:28 AM
Re: Womack post# 14796
Post # of 57211 
MMEX refinery income..

Doing some DD it looks like Tesoro's Bakken refinery (Tesoro $10 billion market cap NYSE stock) which stated below back in 2016 when there was the oil glut, was going to generate more than $20 million in yearly INCOME (not sales) on its 19,000 BPD. MMEX refinery will be state of the art and 2.5 times the size telling me the MMEX refinery could be doing approximately $50 million in income a year. No wonder they are getting so many inquiries to be part of the project.

Tesoro Corp. CEO Greg Goff said in a news release the company expects to generate more than $20 million in income each year from the refinery “even if the current economic conditions continue.”

"Looking ahead to 2017, we are excited about the potential opportunities that we see from an attractive refining market environment, strong consumer demand for gasoline and numerous strategic initiatives underway to continue to improve operating income."


SureTrader
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist