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
-
Suncor Energy Executives Take on the Heebee-jeebees in a BeatlesTM Rock BandTM Challenge to Raise...
-
Hedge funds bet on big banks
-
Suncor to focus on oilsands business
-
Suncor underlines oilsands focus
-
Kodiak Announces Board Appointment, New Chief Financial Officer and Exploration Update
-
Canadian Oil Sands Trust Is Now the Single Most Attractive Oil Acquisition Target
-
UTS land sale fails to spark shares
-
Suncor CEO says merger savings to exceed target
-
Greenpeace protestors target Suncor
-
Suncor: Canadian Oil Sands Production Up More Than 25% In 2009
-
Suncor to lay off 1,000
-
UPDATE 1-Suncor says to cut 1,000 staff after takeover
-
Merger expected to cost 1,000 jobs
-
Suncor to seel off 104 gas stations
-
Orvana woos, wins Kinbauri
-
Risk to reward
-
Suncor, Petro-Canada to Sell 104 Stations
-
Petro-Canada earnings drop
-
Strong Operations, Solid Liquidity Position Petro-Canada Well for Merger
News & Analysis
Filter by
petro-canada and reserve - All News and Analysis
Petro-Canada and Libyan National Oil Corporation Sign New EPSA Contracts
- 2008-06-19
Petro-Canada announced today that it has signed six new exploration and production sharing agreements EPSAs with the Libyan National Oil Corporation NOC. The commercial terms of the new agreements, including the signing bonus, match those announced when Heads of Agreement were signed in December, 2007 and were ratified as of...
Husky Receives Approval for North Amethyst Development
- 2008-04-02
Mr. John C.S. Lau, President & Chief Executive Officer of Husky Energy Inc. (TSX: HSE), announced today that the company has received approval from the federal and provincial governments and regulators regarding the North Amethyst development near the White Rose oil field, 350 kilometres southeast of St. John's, Newfoundland and...
Husky Receives Approval for North Amethyst Development.
- 2008-04-02
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, Apr 2, 2008 Marketwire via COMTEX -- Mr. John C.S. Lau, President & Chief Executive Officer of Husky Energy Inc. (TSX:HSE), announced today that the company has received approval from the federal and provincial governments and regulators regarding the North Amethyst...
Petro-Canada's Capital Program Up 28% Over 2007; Continued Focus on Long-Life Projects
- 2007-12-13
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.
- 2007-12-13
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
- 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...
Going Gangbusters
- 2005-03-01
When the humper stickers Pegging, "Please, Lord, let there be another oil boom... "first came out, who would have thought we would get a tight-gas boom instead?Tight-gas sands and shales in the United States may contain about 460 trillion cubic feet Tcf of natural gas-almost three times the amount of...
- 1
Industry Transcripts by Seeking Alpha
-
Ocean Power Technologies, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 10, 2009about OPTT
-
New Jersey Resources F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Dec 01, 2009about NJR
-
Atwood Oceanics Inc. F4Q09 (Qtr End 30/09/09) Earnings Call Transcript.
on Nov 24, 2009about ATW
-
StealthGas Inc. Q3 2009 Earnings Call Transcript
on Nov 17, 2009about GASS
-
WGL Holdings Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 13, 2009about WGL
Glass Door
Petro-Canada
IndustryTop Rated
- Trina Solar: Still Struggling to Bring Manufacturing Costs in Line With Falling Prices 3 votes
- Valero to Shutter Some Refinery Operations, Cut Hundreds of Jobs 3 votes
- Boxer Rolls Political Dice, Climate Bill Moves Onto Senate Floor 3 votes
- Week in Oil & Gas: Climate Bill Hurdles and Refining Blues 2 votes
- Spillover Effect: Another Pre-Salt Discovery in Brazil 2 votes
Presented by American Express