XML 87 R65.htm IDEA: XBRL DOCUMENT v3.22.4
SEGMENT REPORTING (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Segment Reporting Information      
Total revenues $ 2,791,715,000 $ 207,760,000 $ 103,810,000
Cost of revenues (exclusive of depreciation and amortization shown separately below) 2,598,276,000 178,786,000 91,630,000
Depreciation and amortization attributable to costs of revenues 13,429,000 4,043,000 3,667,000
Gross profit 180,010,000 24,931,000 8,513,000
Selling, general and administrative expenses 127,782,000 30,606,000 20,376,000
Loss on Assets Impairment 0 2,124,000 0
Depreciation and amortization attributable to operating expenses 3,673,000 1,681,000 1,645,000
Income (loss) from operations 48,555,000 (9,480,000) (13,508,000)
Total capital expenditures 75,512,000 2,331,000 5,550,000
Total assets 689,385,000 266,060,000  
Refined products      
Segment Reporting Information      
Total revenues 2,533,335,000 163,444,000 74,848,000
Re-refined products      
Segment Reporting Information      
Total revenues 248,898,000 40,650,000 24,596,000
Services      
Segment Reporting Information      
Total revenues 9,482,000 3,666,000 4,366,000
Corporate and Eliminations      
Segment Reporting Information      
Total revenues 0 0 0
Cost of revenues (exclusive of depreciation and amortization shown separately below) 0 0 0
Depreciation and amortization attributable to costs of revenues 0 0 0
Gross profit 0 0 0
Selling, general and administrative expenses 27,540,000 12,885,000 4,894,000
Loss on Assets Impairment   0  
Depreciation and amortization attributable to operating expenses 900,000 1,013,000 1,024,000
Income (loss) from operations (28,440,000) (13,898,000) (5,918,000)
Total capital expenditures 0 0 0
Total assets 173,301,000 159,530,000  
Corporate and Eliminations | Refined products      
Segment Reporting Information      
Total revenues 0 0 0
Corporate and Eliminations | Re-refined products      
Segment Reporting Information      
Total revenues 0 0 0
Corporate and Eliminations | Services      
Segment Reporting Information      
Total revenues 0 0 0
Refining and Marketing      
Segment Reporting Information      
Total revenues 2,606,644,000 93,230,000 35,805,000
Cost of revenues (exclusive of depreciation and amortization shown separately below) 2,453,809,000 89,570,000 35,208,000
Depreciation and amortization attributable to costs of revenues 9,605,000 509,000 470,000
Gross profit 143,230,000 3,151,000 127,000
Selling, general and administrative expenses 83,001,000 3,277,000 2,529,000
Loss on Assets Impairment   0  
Depreciation and amortization attributable to operating expenses 2,593,000 434,000 387,000
Income (loss) from operations 57,636,000 (560,000) (2,789,000)
Total capital expenditures 72,588,000 0 0
Total assets 410,975,000 16,012,000  
Refining and Marketing | Refined products      
Segment Reporting Information      
Total revenues 2,370,240,000 78,191,000 28,943,000
Refining and Marketing | Re-refined products      
Segment Reporting Information      
Total revenues 229,793,000 15,039,000 6,862,000
Refining and Marketing | Services      
Segment Reporting Information      
Total revenues 6,611,000 0 0
Black Oil & Recovery      
Segment Reporting Information      
Total revenues 185,071,000 114,530,000 68,005,000
Cost of revenues (exclusive of depreciation and amortization shown separately below) 144,467,000 89,216,000 56,422,000
Depreciation and amortization attributable to costs of revenues 3,824,000 3,534,000 3,197,000
Gross profit 36,780,000 21,780,000 8,386,000
Selling, general and administrative expenses 17,241,000 14,444,000 12,953,000
Loss on Assets Impairment 2,100,000 2,124,000  
Depreciation and amortization attributable to operating expenses 180,000 234,000 234,000
Income (loss) from operations 19,359,000 4,978,000 (4,801,000)
Total capital expenditures 2,924,000 2,331,000 5,550,000
Total assets 105,109,000 90,518,000  
Black Oil & Recovery | Refined products      
Segment Reporting Information      
Total revenues 163,095,000 85,253,000 45,905,000
Black Oil & Recovery | Re-refined products      
Segment Reporting Information      
Total revenues 19,105,000 25,611,000 17,734,000
Black Oil & Recovery | Services      
Segment Reporting Information      
Total revenues $ 2,871,000 $ 3,666,000 $ 4,366,000