Originally Posted by
acl65pilot
It may be, but I figured if it produces 185,000 barrels a day at current jet A prices.
Lets see: Public math warning.
@ 140 a BBL * 185,000 bbl of fuel, most of it Jet A, so 25,900,000 dollars in revenue a day.
25,000,000 * 365 = 9.5 billion in revenue a year. Its about a 25% increase in our current projected revenue for fy12, which is 36 bln based on street estimates.
Projections are showing a 160-170 per bbl of jet A so that would be 31.45 million a day or 11.5 bln a year. Aprox 32% of our current revenue. Thanks for maxing me do public math and not a SWAG
Now the average markup is 7% or about 2.170 bln in profit a year from this refinery.
ACL,
Some of your assumptions are faulty. A barrel of crude oil is 42 gallons. After refining it actually produces 44 gallons of petroleum products.
One can probably tweak the mix of petroleum products a bit, but typically that barrel of crude produces 19.65 gallons of gasoline, distillate fuel oil is next at 10.03 gallons, and jet fuel is third at 4.07 gallons.
This can also change depending on the source of the crude oil.
So the 185,000 barrels per day of crude equates to about 753,000 gallons of jet fuel per day.