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
Filter by
kirsten korosec and petro-canada - All News and Analysis
Suncor: What's Next For the World's Newest Oil Supermajor?
BNET
- 2009-07-22
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...
Greening Canadian Oil Sands Would Cost $105 a Barrel
BNET
- 2009-05-13
The Canadian Energy Research Institute spent 18 months examining the potential and expected impact to the oil sands industry once stricter climate change policies aimed at reducing greenhouse gases are implemented in the U.S. and Canada. And guess what CERI found out? It's going to be expensive....
Energy Roundup: Suncor Buys Rival Petro-Canada, Tata Unveils Nano, and More
BNET
- 2009-03-23
Suncor's purchase of Petro-Canada spurs oil sands consolidation debate -- Suncor Energy's plan to buy Petro-Canadafor $15.5 billion has sparked speculation and debate the deal will accelerate consolidation in the Alberta oil sands. The all-share deal -- the largest in the oil and gas industry since 2006 -- would create Canada's...
- 1
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Petro-Canada
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