Fundamental analysis of Shabandar / the low boom of Bandar Abbas oil refining in winter – Tejaratnews
According to Tejarat News, Bandar Abbas Oil Refining Company was established in 1375 by changing the name of Iran’s National Liquefied Gas Company. The name of Bandar Abbas Oil Refining Company was included in the list of companies admitted to the Tehran Stock Exchange at the end of 1990, and four months later, the shares of this company were listed with the symbol “ShabandarAnd the price of 114 Tomans was offered for the first time.
It should be mentioned that the capital of this company at the time of initial offering was 1,380 billion tomans, which reached 13,434 billion tomans after several stages of capital increase.
The main activity of this company includes refining and processing crude oil and other hydrocarbons, making petroleum products such as gasoline, kerosene, gas oil, heating oil, liquid gas, aircraft fuel and other derivatives and by-products.
Refah Karkaran Bank by acquiring more than 30% of the shares Shabandar It is the largest major shareholder of Bandar Abbas Oil Refining Company.
Parsian Oil and Gas Development Group and Saderat Bank of Iran are other major shareholders of this company. So that each of them has taken 15.42 and 4.8 percent of Shabandar’s shares under their ownership, respectively. It should be noted that 27% of the company’s shares are also in the hands of small or so-called floating shareholders.
Shabandar’s record in March 1401
Reviewing the monthly performance report of Bandar Abbas Oil Refining Company shows that the amount of production and sales of the company in March 1401 compared to February of this year has decreased somewhat.
In the last month of 1401, Bandar Abbas Oil Refinery was able to produce one million and 546 thousand cubic meters of its products such as gas oil, motor gasoline and vacuum batons. This number has decreased by about two percent compared to the production of 1.577 million cubic meters in February.
Also, Bandar Abbas oil refinery managed to produce one million and 588 thousand cubic meters in March 1400. Therefore, the company’s March 1401 production has decreased by three percent compared to the same period of 1400.
Further investigation of this report shows that Bandar Abbas Oil Refining Company managed to sell 1 million 560 thousand cubic meters of its products in March 1401. This number has decreased by about five percent compared to the sale of 1 million 644 thousand cubic meters in February and has increased by one percent compared to the sale of 1 million 540 thousand cubic meters of this refinery in March 2014.
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