• Filing Date: 2018-05-15
  • Form Type: 10-Q
  • Description: Quarterly report
v3.8.0.1
SEGMENT REPORTING
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
 
The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions. Segment information for the three months ended March 31, 2018 and 2017 is as follows:


THREE MONTHS ENDED MARCH 31, 2018
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
32,237,246

 
$
5,675,241

 
$
3,455,708

 
$
41,368,195

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(302,950
)
 
$
(343,385
)
 
$
86,240

 
$
(560,095
)


THREE MONTHS ENDED MARCH 31, 2017
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
24,804,083

 
$
5,394,041

 
$
4,572,490

 
$
34,770,614

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(2,670,103
)
 
$
15,706

 
$
(106,440
)
 
$
(2,760,837
)