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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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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CANADA STOCKS-TSX may strengthen on resources, jobs data
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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
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North American Energy Partners Announces Results for the Three Months Ended June 30, 2009
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TSX up as banks rebound, but jobs data weighs
News & Analysis
Filter by
petro-canada and prima energy corp. - All News and Analysis
Petro-Canada acquires prima.(Prima Energy Corporation)(Brief Article)
- 2004-09-01
Petro-Canada has successfully completed its cash tender offer for all outstanding common shares of Colorado-based Prima Energy Corporation. Over 90 percent of the outstanding shares were tendered into Petro-Canada's offer of US$39.50 cash per share. "The acquisition of Prima strengthens Petro-Canada's core North...
Petro-Canada to buy Rockies-focused Prima
- 2004-07-01
Petro-Canada, Calgary, (Toronto: PCA; NYSE: PCZ) plans to buy Prima Energy Corp., Denver, (Nasdaq: PENG) for US$39.50 per share in a deal valued at US$534 million (C$719 million). Prima has no debt and is expected to have approximately US$60 million in cash at closing.Prima produces 55 million cu. ft. per...
Petro-Canada to acquire Prima Energy
- 2004-07-01
Prima Energy Corp. has agreed to be acquired by a wholly owned subsidiary of Petro-Canada for $534 million. "The Prima acquisition is an excellent fit with our long-term strategy to sustain and expand our core North American natural gas business," said Petro-Canada President and CEO, Ron Brenneman. "Prima has...
PETRO-CANADA TO BUY ROCKIES-FOCUSED PRIMA FOR US$534MM
- 2004-06-14
Petro-Canada, Calgary, (Toronto: PCA; NYSE: PCZ) plans to buy Prima Energy Corp., Denver, (Nasdaq: PENG) for US$39.50 per share in a deal valued at US$534 million (C$719 million). Prima has no debt and is expected to have approximately US$60 million in cash at closing. Primaproduces 55 million cubic...
Canadian Company to Buy Denver-Based Natural Gas Firm in Fourth Recent Deal.
- 2004-06-10
By Greg Griffin, The Denver Post Knight Ridder/Tribune Business News Jun. 10--Canada's third-largest oil company said Wednesday it will purchase Denver-based Prima Energy Corp. for $534 million, the fourth in a series of natural-gas deals in Colorado since April. ...
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Industry Transcripts by Seeking Alpha
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Petro-Canada
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