| | Business Summary | | Penn
Octane
Corporation
is
principally
engaged
in
the
purchase,
transportation
and
sale
of
liquefied
petroleum
gas
(LPG).
The
Company
owns
and
operates
a
terminal
facility
in
Brownsville,
Texas
and
owns
a
50%
interest
and
leases
the
remaining
50%
interest
in
an
LPG
terminal
facility
in
Matamoros,
Tamaulipas,
Mexico
and
pipelines,
which
connects
the
two
facilities.
The
primary
market
for
the
Company's
LPG
is
the
northeast
region
of
Mexico,
which
includes
the
states
of
Coahuila,
Nuevo
Leon
and
Tamaulipas. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Penn
Octane
Corporation
is
engaged
in
the
purchase,
transportation,
and
sale
of
liquid
petroleum
gas
(LPG).
For
the
nine
months
ended
4/30/01,
revenues
totalled
$124.1
million,
up
from
$60.7
million.
Net
loss
applicable
to
Common
totalled
$3.3
million,
vs.
an
income
of
$1.5
million.
Revenues
benefitted
from
increased
volumes
of
LPG
sold
to
PMI.
Earnings
were
offset
by
a
$148
thousand
litigation
expense
and
the
absence
of
a
$3
million
award
from
litigation. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jerome Richter, 64
Chairman,
Pres, CEO | $2.7M | -- | Ian Bothwell, 40
CFO,
VP, Treasurer, Assistant Sec., Director | 695K | -- | Jorge Bracamontes, 36
Exec.
VP, Sec. | 1.7M | $1.4M | Jerry Lockett, 59
VP | 1.2M | -- | | Dollar amounts are as of 31-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/pocc.gif)