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Kelso Technologies Inc T.KLS

Alternate Symbol(s):  KIQSF

Kelso Technologies Inc. is a Canada-based diverse product engineering company. The Company specializes in the development, production and distribution of service equipment used in transportation applications. The Company is a developer and supplier of rail tank car equipment used in the handling and containment of hazardous and non-hazardous commodities during transport. The Company offers specialized rail tank car and truck tanker equipment, no-spill fuel loading systems, first responder emergency response equipment, and road-to-no-road suspension systems for motor vehicles used in rugged wilderness terrains. The Company's rail and road transport equipment includes pressure relief valves, vacuum relief valves, bottom outlet valves, pressure car pressure relief valves, pressure car angle valves, top ball valves, one-bolt manways and related equipment, emergency response equipment for hazmat first responders, and other specialty valves, parts, equipment, and services.


TSX:KLS - Post by User

Bullboard Posts
Post by poppagasketon Apr 20, 2020 2:04pm
194 Views
Post# 30930738

store oil in rail tank cars? and rail tank car biz link

store oil in rail tank cars? and rail tank car biz linkwould not be surprised to see rail tank cars in demand to store oil

oil at 0$/ barrel 

0$  x  700 barrels per tank car at $500 lease per month over two years

gives you $12000 / 700 = $17.15 to store one barrel for 2 years. 

I'm sure you can sell 1 barrel of oil over $20 two years from now.  

It's probably more than that, of course.  Anyway, it's a useful back of the envelope metric.



useful detailed discussion of the rail tank car market:

https://www.spglobal.com/_assets/documents/ratings/research/2310895.pdf
Bullboard Posts