As a result of this the net revenues generated from this are expected to generate roughly Ten million, (10,000,000) annually to the bottom line of the company. --------------------------------------------------------------------------------
ORFG Security Details Share Structure Market Value1 $5,228,000 a/o Jun 10, 2014 Shares Outstanding 261,400,000 a/o Nov 30, 2013 Float Not Available Authorized Shares 850,000,000 a/o May 08, 2013
~7,057 Barrels Per Day, 2,576,000 per year is the capacity of the Green River Refinery as per the official 2006 Appraisal Document.
At current value ($104.35 per barrel) that represents $268,805,600 in revenue every year (if run at max capacity).
As of 2006, when oil prices were sitting around $50.00, the net margins for refineries located in the Rocky Mountain region was $7.67 per barrel, and therefore would result in $19,757,920 in profit. Because oil prices have doubled since 2006, one can assume yearly profits at 2014 values would be in the $40,000,000 range at the Green River Refinery.
$ORFG $$$ Definitly agree! Undervalued, Big Moves Coming!!! IMO
Normalized throughput is based on a projected annual production of 2,576,000 barrels per year, or 7,057 bpsd of crude oil
The five year mean net margin for refineries located in the Rocky Mountain region ("PADD4") is $7.67 per barrel (2006). This represents the net margin income from the sale of petroleum products. After multiplying this net margin income to be capitalized is calculated to be $19,757,920 ($7.67 per bbl x 2,576,000 barrel per year).
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