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 to be a 'consolidator' of leases: CEO
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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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Ultramar to acquire Suncor terminal and storage capacity: Competition Bureau
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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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Ultramar deal with Suncor gains approval
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Refinery behind fuel shortages stalls again
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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
News & Analysis
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petro-canada - All News and Analysis
Petro-Canada Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-30
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?
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...
Sides polarized over proposed pipeline's location
- 2009-02-01
The Stoney Nakoda Nation is waiting with trepidation for a ruling from the Energy Resources Conservation Board that could approve the construction of a proposed Petro Canada pipeline in closer-than-comfortable proximity to the Eden Valley reserve. "The pipeline goes within 300 metres of the Eden Valley reserve. There is...
Radiant Systems Inc signs agreement with Petro-Canada to deploy its food ordering and point of sale solutions
- 2008-10-07
TELECOMWORLDWIRE-7 October 2008-Radiant Systems Inc signs agreement with Petro-Canada to deploy its food ordering and point of sale solutionsC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Radiant Systems Inc (Nasdaq: RADS), a company that develops, installs and delivers solutions for managing site operations in the hospitality and retail industries, reported yesterday (6...
MNA denied inclusion at hearing
- 2008-07-01
The Metis Nation of Alberta has had its bid to be involved in the consultation process concerning oilsands-related development near the Nation's traditional areas denied. The Edmonton Journal reported that the Alberta Energy Resources Conservation Board denied the MNA intervener status at the hearing into whether or not to...
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...
Petro-Canada to Participate in the Scotia Capital Canadian International E&P Conference
- 2008-06-03
Andrew Stephens, senior vice-president, corporate relations will present at the Scotia Capital Canadian International E&P Conference in Toronto, Ontario on Thursday, June 5, 2008 at 9:00 a.m. eastern time (7:00 a.m. mountain time). The presentation will include information on Petro-Canada's International business strategy. A live audio webcast of the...
Petro-Canada Announces $1.5 Billion US Offering of Debt Securities
- 2008-05-12
Petro-Canada has agreed to sell to a syndicate of underwriters in the United States $600 million US of 6.05% 10-year Notes due May 15, 2018 and $900 million US of 6.80% 30-year Notes due May 15, 2038. It is intended that the net proceeds of this offering will be...
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Mariner Energy, Inc. Q3 2009 Earnings Call Transcript
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