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Re: RealDutch post# 2370

Tuesday, 08/09/2022 9:50:49 AM

Tuesday, August 09, 2022 9:50:49 AM

Post# of 4301
From that report: "For the three months ended June 30, 2022, the Company reported a net loss of $63.8 million, versus a net loss of $16.0 million in the second quarter 2021. The second quarter net loss includes a $46.9 unrealized commodity derivative loss, a $23.2 loss on an intermediation agreement due to backwardation, and a $46.1 million realized commodity derivatives loss, together with $11.6 million.

The Company reported record Adjusted EBITDA of $71.3 million in the second quarter 2022, versus $4.0 million in the prior-year period. Second quarter 2022 results benefited from a combination of strong operational reliability, elevated refined product margins and robust demand for conventional fuels, including the first full quarter of financial contributions from the Mobile refinery acquisition, which closed on April 1, 2022."

"Commodity derivatives" What is referred to?
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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