February 22, 2017 12:27 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Compañía Española de Petróleos, S.A.U.

Company Overview

Compañía Española de Petróleos, S.A.U. operates as an integrated energy company worldwide. It engages in the exploration, development, and production of crude oil and natural gas in onshore and offshore oilfields in Algeria, Colombia, Peru, Brazil, Spain, Suriname, Thailand, Malaysia, Kenya, and Liberia, as well as in the United Arab Emirates; refining and production of oil products, such as diesel, gasoline, fuel-oil, kerosene, liquefied petroleum gas (LPG), and other products; and marketing of motor and other fuels, LPG, marine and aviation fuels, asphalts, and lubricants through sales channels, as well as through a network of agents and distributors. The company operates a network of appr...

Cepsa Tower

Paseo de la Castellana, 259 A

Madrid,  28046

Spain

Founded in 1929

10,512 Employees

Phone:

34 91 337 60 00

Key Executives for Compañía Española de Petróleos, S.A.U.

Chief Executive Officer and Vice Chairman
Chief Financial Officer
Chief Operating Officer
Deputy Chief Operations Officer
Vice President of Technology
Compensation as of Fiscal Year 2016.

Compañía Española de Petróleos, S.A.U. Key Developments

Compania Espanola De Petroleos, S.A.U. Wins GBP 1 Multiple Awardees Contract for Bulk Fuels Supply Services

Compania Espanola De Petroleos, S.A.U. won a GBP 1 (excluding VAT) multiple awardees contract award from Ministry of Defence, Land Equipment, Defence Fuels and Food Services (DF&FS) to provide bulk fuels supply services.

Cepsa Reports Earnings Results for the Nine Months Ended September 30, 2016

Cepsa reported earnings results for the nine months ended September 30, 2016. For the period, the company reported net profit of EUR 457 million compared to EUR 407 million a year ago. The company reported net income on a clean current cost of supplies (CCS) basis which values inventories at replacement cost, of EUR 373 million in the first nine months of the year, down 18% from the same period in 2015.

Cepsa Reports Earnings Results for the Six Months of 2016

Cepsa reported earnings results for the six months of 2016. For the period, the company reported Clean CCS net profit of EUR 230 million compared to EUR 287 million a year ago. Net profit was EUR 350 million compared to EUR 389 million a year ago. Net debt over the first six months of the year was also reduced by EUR 514 million, following the sale of stakes in CLH and of the Company's plant in Guadarranque, San Roque, as well as savings made from the savings and efficiency plan.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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