What was the reported value of Petro Stopping Center's biogas rights agreements in 2023?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ent variables have been estimated using certain simplifying assumptions. For example, lower oil and gas price or production sensitivities do not fully reflect the specific impacts for each contractual arrangement and will not capture all favorable impacts that may arise from cost deflation or savings. A detailed calculation in either business at any given price or production profile may, therefore, produce a different result.
It is estimated that a 13% (2023 26%) reduction in revenue throughout each year of the remaining life of those assets, either as a result o
Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the reported value of their biogas rights agreements in 2023 was $3,398 million. This figure falls under the category of 'Exploration and appraisal expenditure' and is presented in millions of dollars.
This information is relevant to potential franchisees as it provides insight into the scale of Petro Stopping Center's investments in renewable energy sources. Biogas rights agreements represent a commitment to sustainable energy, which could be a factor for franchisees interested in aligning with environmentally conscious brands. The substantial investment in these rights suggests that Petro Stopping Center views biogas as a significant component of its future business strategy.
However, it's important to note that this figure represents the value of the agreements themselves, not necessarily the immediate revenue generated from them. Prospective franchisees should investigate further into how these biogas rights are being utilized and their potential impact on the profitability of individual Petro Stopping Center locations. Understanding the long-term strategy behind these investments can help franchisees assess the overall stability and vision of the Petro Stopping Center brand.