Petro-Canada · Calgary, AB Canada ·(NYSE: PCZ)(Toronto: PCA)
Company Description
Phone: +1-403-296-8000
Fax: +1-403-296-3030
Rankings
- #386 in FT Global 500
View Petro-Canada Locations On A US Map
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This link will open in a new window O Petro-Canada! A major Canadian integrated oil and gas company, Petro-Canada relies on the rock-solid performance of its petroleum assets. The company, which has proved reserves of more than 1 billion barrels of oil equivalent, operates in Western Canada, Newfoundland, Europe, North Africa, and the Caribbean. It owns 12% of Syncrude , the world's largest oil sands development. Downstream operations include refineries in Edmonton and Montreal, a lubricant plant in Mississauga, and a 51% stake in a Montreal chemicals plant. Petro-Canada also operates more than 1,320 gas stations across Canada and operates a wholesale fuel network. In 2009 the company agreed to be acquired by Suncor Energy in a $15 billion deal. To read the full description, subscribe now.
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Petro-Canada Executives
41 executives listed for Petro-Canada's Calgary, AB location.
| Title | Name & Bio | Contact |
| Chairman | Brian MacNeill | Network |
| President, CEO, and Director | Ronald Brenneman | Network |
| EVP and CFO | Ernest Roberts | Network |
Competition
Competitive Landscape for Petro-Canada
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Petro-Canada Competitors
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