What were the other reserves for Petro Stopping Center at December 31, 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
For information on significant estimates and judgements made in relation to the estimation of oil and natural gas reserves, see Property, plant and equipment within Note 1.
The net value of property, plant, and equipment assets owned by the Company, not including right-of-use assets, that are US based at December 31, 2024 amounted to $45,593 million (2023 $47,105 million).
9. Capital commitments
Authorized future capital expenditure for property, plant and equipment (excluding right-of-use assets) by the Company for which contracts had been signed at December 31, 2024 amounted to $11,024 million (2023 $6,820 million, 2022 $6,691 million). The Company has contracted capital commitments amounting to $251 million (2023 $699 million, 2022 $697 million) in relation to joint ventures and $10 million (2023 $33 million, 2022 $16 mill
Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, information on significant estimates and judgements made in relation to the estimation of oil and natural gas reserves can be found in Property, plant and equipment within Note 1. The net value of property, plant, and equipment assets owned by Petro Stopping Center, not including right-of-use assets, that are US based at December 31, 2024 amounted to $45,593 million.
Additionally, the document states that authorized future capital expenditure for property, plant and equipment (excluding right-of-use assets) by Petro Stopping Center for which contracts had been signed at December 31, 2024 amounted to $11,024 million. Petro Stopping Center has contracted capital commitments amounting to $251 million in relation to joint ventures and $10 million.
These figures provide a snapshot of Petro Stopping Center's financial commitments and asset values at the end of 2024. A prospective franchisee can use this information to understand the scale of Petro Stopping Center's investments and future plans. However, it is important to note that these figures exclude right-of-use assets, so a full financial picture would require additional information.
It is important to consult the full FDD and seek professional financial advice to fully understand the implications of these figures for a potential franchise investment with Petro Stopping Center.