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Opet Petrolculuk A.S. (Turkiye)

Main Activities: Gasoline Stations
Full name: Opet Petrolculuk Anonim Sirketi Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Opet Petrolculuk Anonim Sirketi is a fuel distribution company located in Istanbul, Turkey. The company was established in 1992 by Fikret Öztürk, who had previously founded Öztürkler Limited Şirketi in Mersin. In just 10 years, Opet became the largest fuel and mineral oil distributor for international fuel distribution companies in Turkey, owning and operating 16 fuel stations. Opet expanded its operations to many provinces in Turkey, starting from Anatolia. Today, Opet operates in retail sales, commercial and industrial fuels, mineral oils, storage, and international trade. The company has a storage capacity of over 1 million cubic meters, giving it a competitive advantage in the market. Opet has been able to increase its market share and station network in the sector, thanks to its partnership with Koç Holding Energy Group, which became a 50% shareholder in 2002. Opet aims to be the number one fuel distribution company in Turkey and strives to be the first choice of consumers in the sector. The company focuses on providing high-quality services and products to meet the expectations of its customers, employees, and shareholders. Opet is committed to being respectful to individuals and society, loyal to the law and moral principles, and sensitive to health, safety, and the environment.

Headquarters
Barbaros District. Gelincik Street. No: 4/A, Atasehir
Istanbul; Marmara; Postal Code: 34746

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 22, 1992
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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50%
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41.67%
Subsidiaries
Opet International Ltd. (United Kingdom)
Opet Market Ve Akaryakit Istasyon Isletmeciligi A.S.
Opet Trade Bv (Netherlands)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
106.04%
Total operating revenue
105.41%
Operating profit (EBIT)
-87.21%
EBITDA
-30.15%
Net Profit (Loss) for the Period
-28.69%
Total assets
108.14%
Total equity
212.25%
Operating Profit Margin (ROS)
-3.84%
Net Profit Margin
-0.92%
Return on Equity (ROE)
-11.14%
Debt to Equity Ratio
-90.35%
Quick Ratio
-0.07%
Cash Ratio
-0.09%

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