During the corresponding time, Arko Petroleum Corp saw a revenue deteriorated by -0.22 % year on year, While revenue at the Arko Petroleum Corp 's corporate clients
Arko Petroleum's Comment on Sales, Marketing and Customers
Anadarko’s crude-oil, condensate, and NGLs revenues are derived from production
in the United States, Algeria, China, and Ghana. Most of the Company’s U.S.
crude-oil and NGLs production is sold under contracts with prices based on market
indices, adjusted for location, quality, and transportation. Oil from Algeria
is sold by tanker as Saharan Blend to customers primarily in the Mediterranean
area. Saharan Blend is high-quality crude that provides refiners large quantities
of premium products such as gasoline, diesel, and jet fuel. Oil from China is
sold by tanker as Cao Fei Dian (CFD) Blend to customers primarily in the Far East
markets. CFD Blend is a heavy sour crude oil which is sold into both the prime
fuels refining market and the market for the heavy fuel oil blend stock. Oil from
Ghana is sold by tanker as Jubilee Crude Oil to customers around the world. Jubilee
Crude Oil is high-quality crude that provides refiners large quantities of premium
products such as gasoline, diesel, and jet fuel. The Company also purchases and
sells third-party-produced crude oil, condensate, and NGLs, and utilizes contracted
NGLs storage facilities to capture market opportunities and reduce fractionation
and downstream infrastructure disruptions.
Arko Petroleum’s Comment on Sales, Marketing and Customers
Anadarko’s crude-oil, condensate, and NGLs revenues are derived from production
in the United States, Algeria, China, and Ghana. Most of the Company’s U.S.
crude-oil and NGLs production is sold under contracts with prices based on market
indices, adjusted for location, quality, and transportation. Oil from Algeria
is sold by tanker as Saharan Blend to customers primarily in the Mediterranean
area. Saharan Blend is high-quality crude that provides refiners large quantities
of premium products such as gasoline, diesel, and jet fuel. Oil from China is
sold by tanker as Cao Fei Dian (CFD) Blend to customers primarily in the Far East
markets. CFD Blend is a heavy sour crude oil which is sold into both the prime
fuels refining market and the market for the heavy fuel oil blend stock. Oil from
Ghana is sold by tanker as Jubilee Crude Oil to customers around the world. Jubilee
Crude Oil is high-quality crude that provides refiners large quantities of premium
products such as gasoline, diesel, and jet fuel. The Company also purchases and
sells third-party-produced crude oil, condensate, and NGLs, and utilizes contracted
NGLs storage facilities to capture market opportunities and reduce fractionation
and downstream infrastructure disruptions.
Sources:
Arko Petroleum Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Arko Petroleum Corp’s corporate clients.
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