United Oil Corp. - 1948 dated Stock Certificate (Uncanceled)
Inv# OS2313 Stock
Stock. An oil refinery, also known as a petroleum refinery, is an industrial facility where crude oil undergoes transformation and refinement into various products, including gasoline, diesel fuel, asphalt, fuel oils, heating oil, kerosene, liquefied petroleum gas, and petroleum naphtha. Additionally, petrochemical feedstocks such as ethylene and propylene can be generated directly through the cracking of crude oil, eliminating the necessity for refined products like naphtha. Typically, the crude oil used as feedstock has been processed at an oil production facility. An oil depot is generally located at or near the refinery to accommodate the storage of incoming crude oil as well as the bulk liquid products produced. As of 2020, the global refining capacity for crude oil was approximately 101.2 million barrels per day.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
Ebay ID: labarre_galleries