BNET Industries
Last Fiscal Year Sales:$21.6B
- Public
- CA
Dow Jones Description
Petro-Canada drives Canada, or at least its cars. Founded in 1975 and headquartered in Calgary, Alberta, CA, Petro-Canada (NYSE: PCA (ADR); Toronto: PCA) is an integrated petroleum conglomerate. The company offers crude oil, natural gas liquids, natural gas, and more. It produces finished petroleum products like gasoline, jet fuel, petrochemicals, and diesel and heating oils. It has proven reserves of 1.2 billion barrels of oil equivalent and has over 1,300 gas stations across Canada. The company has annual revenue of about $14.4 billion and employs about 5,000 people. In 2006 the company sold its Syrian-producing assets for A484 million to a joint venture of companies owned by India's Oil and Natural Gas Corporation Limited and the China National Petroleum Corporation.
Number of Employees 4,816
Peer Companies
NAICS Code Petroleum Refineries: 324110
Recent Events
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Hedge funds bet on big banks
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Suncor to focus on oilsands business
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Suncor underlines oilsands focus
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Kodiak Announces Board Appointment, New Chief Financial Officer and Exploration Update
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Canadian Oil Sands Trust Is Now the Single Most Attractive Oil Acquisition Target
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UTS land sale fails to spark shares
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Suncor CEO says merger savings to exceed target
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Greenpeace protestors target Suncor
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Suncor: Canadian Oil Sands Production Up More Than 25% In 2009
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Suncor to lay off 1,000
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China invests in Canada's tar sands
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UPDATE 1-Suncor says to cut 1,000 staff after takeover
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Merger expected to cost 1,000 jobs
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Suncor to seel off 104 gas stations
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Orvana woos, wins Kinbauri
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Risk to reward
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Suncor, Petro-Canada to Sell 104 Stations
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Petro-Canada earnings drop
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Strong Operations, Solid Liquidity Position Petro-Canada Well for Merger
News & Analysis
Filter by
barrel and petro-canada - All News and Analysis
Petro-Canada to Divest Oil Sands Properties.
- 2006-11-16
CALGARY, ALBERTA, Nov 16, 2006 CCNMatthews via COMTEX -- Petro-Canada is announcing its intention to divest its interest in the five in situ properties of Chard, Stony Mountain, Liege, Thornbury and Ipiatik. Petro-Canada's interest in these properties is estimated at 1.7 billion barrels of bitumen resource....
Petro-Canada's De Ruyter Development Achieves First Oil
- 2006-10-02
Editor's Note: A photo for this release will be available on the CP picture wire via CCNMatthews. Petro-Canada announced achievement of first oil from the De Ruyter development, located in the southern part of the North Sea on the Dutch Continental Shelf. Operated by Petro-Canada, De Ruyter will...
Petro-Canada's De Ruyter Development Achieves First Oil.
- 2006-10-02
THE HAGUE, NETHERLANDS, Oct 2, 2006 CCNMatthews via COMTEX -- Editor's Note: A photo for this release will be available on the CP picture wire via CCNMatthews. Petro-Canada announced achievement of first oil from the De Ruyter development, located in the southern part of...
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Petro-Canada
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