Am I looking at this correctly... Strictly on potential oil business alone, we are looking at 2 million barrels a month for 12 months. Current contract is for 24 million barrels at $49.18 per barrel spot price. This equates to a potential $1,180,320,000.00 in gross oil prices being transported. At $.10 to Tpac that would equate to $118,032.000 in revenue and at 75 net profit that would equate to $88,524,000.00.
Am I looking at these numbers correctly?
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