Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel

RTK 0.200

+5.3%

Oct 13 5:00 PM EST

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To: SEAN007 who wrote (7887)	8/26/1998 9:28:00 AM
From: Zeev Hed	Read Replies (3) of 14347

Sean, from you post I understand that the earnings for the whole GTL market are $25 Billion (if $250 MM is 1% of the earnings), that seems to me a little on the high side, since the total world wide sales of oil and gas is, if a friends's quote is correct, $350 Billions. Even if we assume earnings at 10% of sales that would give us world wide profits for all oil/gas activity at $35 Billion, I find it difficult to believe that the GTL segment is in excess of 70%. We must have an error somewhere. Furthermore the profitability of almost any GTL system is not very high under $16/barrel for crude. Zeev

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