SEGMENT REPORTING

6 Months Ended

Jun. 30, 2019

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 and six months ended June 30, 2019 and 2018 is as follows:

THREE MONTHS ENDED JUNE 30, 2019
	Black Oil		Refining & Marketing			Recovery			Total
Revenues	$	37,907,811	$	3,277,402		$	2,472,079		$	43,657,292
Income (loss) from operations	$	125,851	$	(132,408	)	$	(661,321	)	$	(667,878	)

THREE MONTHS ENDED JUNE 30, 2018
	Black Oil		Refining & Marketing			Recovery		Total
Revenues	$	38,469,131	$	4,392,870		$	4,055,769	$	46,917,770
Income (loss) from operations	$	2,969,532	$	(357,656	)	$	411,969	$	3,023,845

SIX MONTHS ENDED JUNE 30, 2019
	Black Oil			Refining & Marketing			Recovery			Total
Revenues	$	70,722,998		$	6,136,023		$	6,118,983		$	82,978,004
Loss from operations	$	(2,166,354	)	$	(535,422	)	$	(574,493	)	$	(3,276,269	)

SIX MONTHS ENDED JUNE 30, 2018
	Black Oil		Refining & Marketing			Recovery		Total
Revenues	$	70,706,377	$	10,068,111		$	7,511,477	$	88,285,965
Income (loss) from operations	$	2,210,180	$	(701,040	)	$	498,208	$	2,007,348