BNET Industries

Petro-Canada

PCZ is in the Energy Industry

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
Contact Information

150 6th Ave SW

Calgary, Alberta T2P 3E3

www.petro-canad...

(403) 296-8000

NAICS Code Petroleum Refineries: 324110

Recent Events

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    11/16/09 - Merger / Acquisition - View Story

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    11/04/09 - Merger / Acquisition - View Story

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    11/04/09 - Merger / Acquisition - View Story

  • UTS land sale fails to spark shares

    11/03/09 - Merger / Acquisition - View Story

  • Suncor CEO says merger savings to exceed target

    10/07/09 - Merger / Acquisition - View Story

  • Greenpeace protestors target Suncor

    10/01/09 - Merger / Acquisition - View Story

  • Suncor: Canadian Oil Sands Production Up More Than 25% In 2009

    9/22/09 - Merger / Acquisition - View Story

  • Suncor to lay off 1,000

    9/04/09 - Merger / Acquisition - View Story

  • China invests in Canada's tar sands

    9/11/09 - Merger / Acquisition - View Story

  • CANADA STOCKS-TSX may strengthen on resources, jobs data

    9/04/09 - Merger / Acquisition - View Story

  • Merger expected to cost 1,000 jobs

    9/06/09 - Merger / Acquisition - View Story

  • Suncor to seel off 104 gas stations

    8/21/09 - Merger / Acquisition - View Story

  • Orvana woos, wins Kinbauri

    8/19/09 - Merger / Acquisition - View Story

  • Risk to reward

    8/07/09 - Merger / Acquisition - View Story

  • Suncor, Petro-Canada to Sell 104 Stations

    8/21/09 - Merger / Acquisition - View Story

  • Petro-Canada earnings drop

    7/30/09 - Board Member - Entering - View Story

  • Strong Operations, Solid Liquidity Position Petro-Canada Well for Merger

    7/30/09 - Financial Announcement - View Story

  • North American Energy Partners Announces Results for the Three Months Ended June 30, 2009

    8/04/09 - Merger / Acquisition - View Story

  • TSX up as banks rebound, but jobs data weighs

    8/07/09 - Merger / Acquisition - View Story

News & Analysis

petro-canada and woodside petroleum ltd. - All News and Analysis

  • Woodside misses out on international bid.

    - 2002-03-04

    February, 2002 (Oil & Gas Australia ABIX via COMTEX) -- Woodside Petroleum was unable to match Petro-Canada's $US2bn ($C3.2bn) bid for Veba Oil & Gas. Australia's largest independent oil producer placed a bid for the German-based oil and gas producer's exploration and production ...

    Tags: Petro-Canada, Woodside Petroleum Ltd.

  • Woodside outbid on Veba Oel reserves.

    - 2002-01-30

    Jan 31, 2002 The Australian ABIX via COMTEX -- Woodside Petroleum's bid for the 600 million barrels of oil equivalent reserves of Germany's Veba Oel has failed. The Australian oil production and development company indicated on 30 January 2002 that it was not prepared...

    Tags: Petro-Canada, Woodside Petroleum Ltd.

  • No Veba, Woodside in limbo.

    - 2002-01-30

    Jan 31, 2002 The Australian Financial Review ABIX via COMTEX -- Australia's Woodside Petroleum is out of the race for the diversified oil and gas assets of Germany's Veba. Its $US2 billion offer has been trumped by Petro-Canada. Woodside's CEO, John Akehurst, admits his...

    Tags: Petro-Canada, Woodside Petroleum Ltd.

  • Woodside dips out on oil deal.

    - 2002-01-30

    Jan 31, 2002 The West Australian ABIX via COMTEX -- The oil and gas assets of Germany's Veba company have been sold for $C3.2 billion ($A3.9 billion) to Petro-Canada. Australia's Woodside Petroleum missed out on the billion-dollar buying opportunity. A bid by Woodside was...

    Tags: Petro-Canada, Woodside Petroleum Ltd.

  • Miner's hopes up.

    - 2002-01-30

    Jan 31, 2002 Herald Sun ABIX via COMTEX -- Newcrest Mining's board is expected to approve the company's billion-dollar Telfer megamine redevelopment by the end of 2002. The gold and copper project would be one of Australia's largest mines. Elsewhere, BHP Billiton will spend...

    Tags: BHP Billiton, Petro-Canada, Rio Tinto, Woodside Petroleum Ltd.

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