XTAE
PAZ
Market cap153bUSD
Nov 11, Last price
42,190.00ILS
Name
Paz Oil Company Ltd
Chart & Performance
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Profile
Paz Oil Company Ltd., an Israeli firm established in 1922 and headquartered in Yakum, operates as a comprehensive energy and retail enterprise with both domestic and international reach. The company manages the full lifecycle of fuel products, encompassing refining, manufacturing, storage, import, and marketing. Its extensive retail network includes 275 fuel stations and 235 "Yellow" convenience and food stores. Paz also engages in property leasing for commercial units and provides essential engineering, maintenance, and logistics support for its retail infrastructure. Beyond retail, the company directly supplies fuel products to a diverse clientele, including large organizations, industrial businesses, various enterprises, car fleets, and the Palestinian Authority. Paz also distributes condensed hydrocarbon gas for cooking and heating purposes. Furthermore, its operations extend to producing, importing, marketing, and exporting automotive lubricants and various chemicals. The company is also active in developing, manufacturing, marketing, and exporting specialized sealing and insulation products, bitumen, coatings, and adhesives for the transportation, infrastructure, and construction sectors. Paz also supplies aviation fuel and offers refueling services to airlines. Its industrial activities include generating petroleum products and electricity, importing crude oil and other raw materials, and providing procurement services. The company was initially known as The Shell Company of Palestine before officially becoming Paz Oil Company Ltd. in 1960.
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