BE

Brooge Energy

BROG
NASDAQEnergy
$2.60
USD
+0.00(0.00%)
At close: Jun 12, 20:00 UTC

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Market Snapshot

Market Cap

$284.93M

P/E Ratio

-4.4

EPS

-1.60

Revenue

$393.56M

Employees

21

About

Brooge Energy Ltd. operates as an independent oil refinery and storage company. The company is headquartered in Dubai, Dubai and currently employs 91 full-time employees. The company went IPO on 2018-07-13. The firm operates two phases of storage infrastructure which include Phase I which has 14 storage tanks for refined oil products with a total geometric capacity of 399,324 cubic meters, and Phase II which includes 8 tanks for crude oil with a total geometric capacity of 601,600 cubic meters. The firm provides services including oil storage, blending, heating, and additive injection. The firm is also engaged in the development of a refinery project with a planned capacity of 25,000 barrels per day to produce IMO 2020-compliant bunker fuel. The Company’s wholly owned subsidiary includes Brooge Petroleum and Gas Investment Company FZE.

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