Edition:
India

Turkiye Petrol Rafinerileri AS (TUPRS.IS)

TUPRS.IS on Istanbul Stock Exchange

117.70TRY
11 Dec 2017
Change (% chg)

0.10TL (+0.09%)
Prev Close
117.60TL
Open
117.70TL
Day's High
118.80TL
Day's Low
117.10TL
Volume
825,003
Avg. Vol
1,216,248
52-wk High
145.00TL
52-wk Low
68.85TL

Latest Key Developments (Source: Significant Developments)

Tupras Q3 net profit jumps to 992.2 million lira
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - TUPRAS ::Q3 NET PROFIT OF 992.2 MILLION LIRA VERSUS 580.9 MILLION LIRA YEAR AGO.Q3 REVENUE OF 14.34 BILLION LIRA VERSUS 9.45 BILLION LIRA YEAR AGO.  Full Article

Tupras sees total sales volume of 30.6 mln tons in 2017
Monday, 13 Feb 2017 

Turkiye Petrol Rafinerileri AS : Expected capacity utilisation in 2017 will be around 100 percent . Sees production in 2017 therefore to be approximately 29.2 million tons . Total sales volume will be 30.6 million tons in 2017 . Refining investments for 2017 will be about 225 million dollars . Additionally, 125 million USD investment is planned for increasing the marine tanker fleet capacity . Tupras net refinery margins, expects this to be in the region of 5.75- 6.25 dollars per barrel .Expects Med Complex margins to be 4.0 - 4.5 dollars per barrel band in 2017.  Full Article

Tupras 2016 net profit shrinks to 1.79 billion lira
Monday, 13 Feb 2017 

Turkiye Petrol Rafinerileri AS : FY 2016 net profit of 1.79 billion lira ($486.32 million) versus 2.55 billion lira year ago .FY 2016 revenue of 34.85 billion lira versus 36.89 billion lira year ago.  Full Article

Tupras Q2 net profit down 53.5 pct to 330.5 mln lira YOY
Thursday, 11 Aug 2016 

Turkiye Petrol Rafinerileri As : Q2 revenue of 8.45 billion lira ($2.86 billion) versus 10.60 billion lira year ago .Q2 net profit of 330.5 million lira versus 710.1 million lira year ago.  Full Article

Turkiye Petrol Rafinerileri AS - One worker dies in Turkish Tupras refinery blaze, fire extinguished - Reuters News
Monday, 18 Apr 2016 

Turkiye Petrol Rafinerileri AS:A fire broke out at Tupras' TUPRS.IS Izmit refinery in northwest Turkey on Sunday night during maintenance work, leaving one worker dead and four injured, the company said in a statement. - RTRS.It said the fire, which broke out at 10:40 pm (1940 GMT), occurred in the crude oil unit and was extinguished by the refinery's technical security teams at 11:45 pm. The injured were taken to hospital and were not seriously hurt.  Full Article

Turkiye Petrol Rafinerileri AS signs a long term loan facility agreement for $157.5 mln and EUR 261.5 mln
Thursday, 17 Mar 2016 

Turkiye Petrol Rafinerileri AS:Signs a long term loan facility agreement with a group of lenders to meet its working capital requirements for forthcoming period and extent the weighted-average of debt maturities.The loan amounting to 157.5 million USD and 261.5 million euros, has an annual cost of around Libor/Euribor+%2,075 (charges excluded) considering the estimated utilization plan and average maturity.The loan which is expected to be utilized within one month has semi-annual interest payments, 5 year maturity with 3 years grace period and 6 monthly 5 equal principal payments thereafter.  Full Article

Turkiye Petrol Rafinerileri AS announces dividend payment for FY 2015
Wednesday, 9 Mar 2016 

Turkiye Petrol Rafinerileri AS:Proposes to pay FY 2015 dividend of gross 6.5 lira, net 5.525 lira per share.  Full Article

Fitch Ratings affirms Turkiye Petrol Rafinerileri AS' credit ratings
Thursday, 28 Jan 2016 

Turkiye Petrol Rafinerileri AS:Fitch Ratings has affirmed Long-term local and foreign currency Issuer Default Ratings (IDRs) at 'BBB-.Affirmed National Long-term rating at 'AA+(tur)'. The Outlooks are Stable.Tupras's $700 million notes due in 2018 have been affirmed at 'BBB-.The affirmation reflects Tupras's leading position in the Turkish oil refining and marketing sector and favourable crude oil purchase costs and product slate.  Full Article

Photo

Shell set to draw line under a century of Iraqi oil

LONDON Royal Dutch Shell is set to end a century of oil production in Iraq by withdrawing from two of the Arab state's flagship fields to focus on more profitable gas development.