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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smart money:
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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
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earnings and petro-canada - All News and Analysis
Petro-Canada Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-30
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Brian Dutton - Credit Suisse Brian Dutton - Credit Suisse Looking at the downstream I was wondering if you could give us some insights on two fronts, one where you saw or see the downstream...
Petro-Canada Delivers Strong Second Quarter Earnings; Upstream Production Continues to Grow
- 2007-07-26
Petro-Canada announced today second quarter operating earnings from continuing operations adjusted for unusual items of $805 million ($1.63/share), compared with $474 million ($0.94/share) in the second quarter of 2006. Second quarter 2007 cash flow from continuing operating activities before changes in non-cash working capital was $1,350 million ($2.74/share), compared with...
Petro-Canada Delivers Strong First Quarter Earnings: Upstream Production Grows; Highlights - Production of more than 400,000 barrels of oil equivalent per day (boe/d) net - Construction of the Edmonton refinery conversion project 23% complete at the end o
- 2007-04-24
CALGARY, ALBERTA, Apr 24, 2007 CCNMatthews via COMTEX -- Petro-Canada announced today first quarter operating earnings from continuing operations adjusted for unusual items of $580 million ($1.17/share), compared with $486 million ($0.95/share) in the first quarter of 2006. First quarter 2007 cash flow from continuing operations...
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Petro-Canada
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