Jordan Petroleum Refinery Co (JOPT)

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News

30 October 2016 11:21 PM Jopetrol profits down 8% in Q3

Mubasher: Jordan Petroleum Refinery Company (Jopetrol) posted an 8.13% decline in profits in the third quarter of 2016 to JOD 7.65 million ($10.66 million) compared to JOD 8.23 million ($11.6 million) in the same quarter last year. The company’s …

Financial Results

1 August 2016 08:50 AM Jopetrol Q2 profits increase 26%

Mubasher: Jordan Petroleum Refinery Company (Jopetrol) recorded a growth of 26% in profits of the second quarter of 2016 compared with the same period of 2015. Earnings grew to JOD 9.62 million ($13.5 million) in Q2-16 from JOD 7.63 million ($10.7 …

Financial Results

17 November 2015 10:38 AM NEPCO replaces gas with Jopetrol’s fuel to produce power

Mubasher: Jordan’s National Electric Power Company (NEPCO) buys 1,320 tons of heavy fuel daily from Jordan Petroleum Refinery Company (Jopetrol) to use it in producing electricity at an equivalent price to the cost of using natural gas, according …

Macroeconomics

1 November 2015 00:27 PM Jordan Petroleum posts 2.08% drop in 9M profit

Mubasher: Jordan Petroleum Refinery Company reported JOD24.6 million (about $34.6 million) profit in the first nine months of 2015. The company said Sunday in a statement, published on the website of the Amman Stock Exchange, that profit dropped …

Financial Results

24 March 2015 05:30 PM Jordan Petroleum board proposes cash dividends, bonus issue

Amman – Mubasher: Jordan Petroleum Refinery Co. board of directors recommended the distribution of cash dividends as well as bonus shares, the company said in a bourse filing Tuesday.The board recommended a cash dividend at 18% of paid-in capital, …

Corporate Actions

3 March 2015 00:16 PM Petroleum Refinery posts 15.9% profit rise in FY14

Amman-Mubasher: Jordan Petroleum Refinery Co (JPRC ) announced its financial statements to the Amman Stock Exchange (ASE) for the fiscal year (FY) 2014, during which it reported a profit rise by 15.9% to JOD 32.73 million ($46.04 million), …

Company News

12 January 2015 00:30 PM Jordan Petroleum Refinery sales exceed 842THD

Jordan Petroleum Refinery Co announced that it sold more than 842281 gas cylinders and 42,000 tons of oil derivatives during the period from January 6 to 10.Worth noting, the demand on gas …

Company News

20 November 2014 04:10 PM ASE rises 1.46% during Nov 16-20

The benchmark index of Amman Stock Exchange (ASE) closed this week at 2135.9 points, compared to 2105.2 points in the previous week, registering an increase of 1.46%.The average daily trading value over this week, from Sunday, …

Trading Activities

18 November 2014 03:21 PM ASE index rises backed by all sectors

The benchmark index of Amman Stock Exchange (ASE) closed on Tuesday at 2131.86 points, soaring by 0.79%.Trading volume reached 5.9 million shares, at a turnover of JOD 7.4 million, traded through 3,892 transactions.Shares of 123 …

General News

30 October 2014 04:51 PM ASE rises 0.38% over the week

The benchmark index of Amman Stock Exchange (ASE) closed this week at 2106.1 points, rising 7.9 points, against 2098.2 points in the previous week, increasing by 0.38%.The average daily trading volume over this week, from Sunday …

General News

27 October 2014 05:09 PM ASE gains 0.72% backed by three sectors

The shares price index of Amman Stock Exchange (ASE) closed on Monday at 2110.46 points, rising by 0.72% or 15.09 points. Trading volume reached 7.1 million shares, at a turnover of JOD 5.9 million, traded …

Trading Activities

23 October 2014 04:01 PM ASE rises 0.2%, continues rally for second day

The benchmark index of Amman Stock Exchange (ASE) extended its rally to the second successive day, closing on Thursday at 2098.17 points, an increase of 0.19%, or 3.98 points.Trading volume reached 7.0 million shares, at a turnover of …

Market News

19 October 2014 00:15 PM Jopetrol to raise capital by JOD 12.5 mln

Jordan Petroleum Refinery Company (Jopetrol) has announced that the Jordan Securities Commission (JSC) approved a-12.5-million share increase in the Company’s capital.The Company’s statement on Amman’s Bourse showed that such increase …

General News

17 September 2014 10:36 AM JOD 1.4 bln governmental due debts for Jordan Petroleum

Jordan Petroleum Refinery Co said that total due debts on governmental institutions during the first half of 2014 hit JOD 1.428 billion, rising by JOD 200 million from the same half last year. The company said that it adopts the …

Corporate Actions

10 September 2014 03:22 PM Jordan Petroleum Refinery profits up 36% to JOD 16 mln

Jordan Petroleum Refinery Co announced that the company’s profits increased by 35.98% to JOD 16.07 million during the first half of 2014 compared with JOD 11.82 million during the same period of 2013. Earnings per share rose to JOD 0.32 …

Corporate Actions

27 August 2014 05:07 PM Petroleum Refinery annual profits grow 31%

Financial statement of Jordan Petroleum Refinery Co showed that the company’s annual profits increased by 30.87% to JOD 28.23 million in 2013 compared with JOD 21.57 in 2012. Earnings per share hit JOD 0.706 in 2013 against JOD 0.674 in …

Corporate Actions

14 August 2014 10:19 AM Petroleum Refinery to launch trial operation of sulfur plant

CEO of Jordan Petroleum Refinery Co, Abdel-Kareem Al Alaween, said that the company will start the trial operation of sulfur extraction plant by the end of September, adding that all equipment is in the location of the plant …

Company News

7 August 2014 00:30 PM Jordan’s daily oil consumption up 17%

Crude oil consumption increased in Jordan by 17% to 152 thousand barrels per day during the first six months this year. CEO of Jordan Petroleum Refinery Company ltd, Eng Abdel-Kareem Al Alaween, said that there is an increase of about …

Macroeconomics

6 August 2014 00:44 PM Petroleum Refinery: Debts of government bodies rise to JOD 500 mln

Jordan Petroleum Refinery Co announced that the debts of governmental bodies for the benefit of the company during the first three months of 2014 increased to JOD 158 million compared with JOD 106 million debts earlier. Financial …

Corporate Actions

4 August 2014 11:46 AM Fourth expansion of Jordan Refinery to be finished in 5 years

CEO of Jordan Petroleum Refinery, Abdel-Kareem Al Alaween, expected that the fourth expansion project will be finished within 4-5 years after needed finance is provided.Al Alaween estimated total cost of the project at $1 …

Company News