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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Husky buys 98 gas stations from Suncor
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Suncor Energy Executives Take on the Heebee-jeebees in a BeatlesTM Rock BandTM Challenge to Raise...
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Hedge funds bet on big banks
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Husky snaps up Suncor stations
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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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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
News & Analysis
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finance and petro-canada - All News and Analysis
Petro-Canada Q2 2009 Earnings Call Transcript
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...
Suncor: What's Next For the World's Newest Oil Supermajor?
Suncor Energy has been given the official OK to merge with Petro-Canada, a deal that will create Canada's largest integrated oil company with market value of more than $43.3 billion and adds one more giant to the world's supermajor club. But what will the new and improved Suncor look like? In...
Zacks Releases Four "Strong Buy" or "Buy" Stocks: Bucyrus International, Bristol-Myers Squibb, Central European Distribution Corp. and Petro-Canada
CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights a Zacks #1 Rank Strong Buy stock or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and...
Petro-Canada's Capital Program Up 28% Over 2007; Continued Focus on Long-Life Projects
Highlights - $5.3 billion capital program planned: focus on long-life projects that provide sustainable cash flow - Upstream production guidance range for 2008 of 390,000 barrels of oil equivalent per day (boe/d) to 420,000 boe/d Petro-Canada's Board of Directors today approved a capital and exploration expenditure program...
Petro-Canada's Capital Program Up 28% Over 2007; Continued Focus on Long-Life Projects.
CALGARY, ALBERTA, Dec 13, 2007 Marketwire via COMTEX -- Highlights - $5.3 billion capital program planned: focus on long-life projects that provide sustainable cash flow - Upstream production guidance range for 2008 of 390,000 barrels of oil equivalent per day (boe/d)...
Petro-Canada Delivers Strong Second Quarter Earnings; Upstream Production Continues to Grow
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
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...
Petro-Canada Expands Leaders Award Program to the University of Waterloo.
M2 PRESSWIRE-28 March 2007-Early Watch: Petro-Canada Expands Leaders Award Program to the University of WaterlooC1994-2007 M2 COMMUNICATIONS LTD RDATE:28032007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the...
Petro-Canada's Production Expected to Increase in 2007; Capital Program Focused on Long-Life Assets; Highlights - Upstream production growing approximately 15% over 2006 levels - $4.1 billion capital program planned, up 15% over 2006 - Capital expenditure
CALGARY, ALBERTA, Dec 14, 2006 CCNMatthews via COMTEX -- Petro-Canada's Board of Directors approved a capital and exploration expenditure program totalling $4.1 billion for 2007, an increase of 15% compared with the program in 2006. The 2007 capital program includes $2.6 billion directed to...
Green Plains Renewable Energy, Inc. Appoints Dr. Michael Warren to the Board of Directors.
M2 PRESSWIRE-29 November 2006-Financialbusinessnews.us: Green Plains Renewable Energy, Inc. Appoints Dr. Michael Warren to the Board of DirectorsC1994-2006 M2 COMMUNICATIONS LTD RDATE:29112006 Boston, MA - Green Plains Renewable Energy, Inc., (NASDAQ:GPRE); Aventine Renewable Energy Holdings, Inc., (NYSE:AVR); Arena Resources, Inc...
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Petro-Canada
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