Paz Oil Company Ltd., together with its subsidiaries, refines, produces, stores, imports, sells, and markets oil and other products in Israel and internationally. The company operates through three segments: Paz Retail and Wholesale, Paz Industries and Services, and Paz Refining and Logistics. The Paz Retail and Wholesale segment markets, distributes, and transports oil products at filling stations, and food and convenience products at the Yellow market stores; leases stores; and provides engineering, maintenance, and logistic services for the retail infrastructure customers. It is also involved in direct marketing of fuel to institutional customers, industries, and other large enterprises, as well as to car fleets and the Palestinian Authority. This division has 273 filling stations. The Paz Industries and Services segment distributes and sells liquefied petroleum gas (LPG) for cooking, heating, water boiling, and fueling cars; and markets, distributes, and sells devices that consume LPG, as well as converts plants to natural gas operation. This division also produces, recycles, imports, markets, and exports lubricants, chemicals, and solvents; produces, markets, and exports sealing and insulation solutions, bitumen, coatings, and adhesives for the transportation, infrastructure, and construction industry; and stores, markets, supplies, and distributes jet fuel and aviation gasoline, as well as provides refueling services to aviation companies. The Paz Refining and Logistics segment manages refinery, and a storage and distribution facility; imports crude oil and related products; produces oil distillates; generates and sells electricity; and offers logistic services, including the storage and distribution of fuels, as well as procurement and supply services. The company was formerly known as The Shell Company of Palestine and changed its name to Paz Oil Company Ltd. in 1960. Paz Oil Company Ltd. was founded in 1922 and is based in Yakum, Israel.

36,850.00 ILS
As of 03/22/2023

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Energy
Industry:  Oil & Gas Refining & Marketing
Index country:  Israel
Country of incorporation:  Israel
IPO date:  12/07/2006
Stock exchange:    Tel Aviv Stock Exchange
Exchange country:   Israel
Market cap:   4,981,185,536 ILS
Current dividend yield:   0.00%
Sedol:      B1L3K60

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy