Qatar Fuel Co - Company Profile
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Qatar Fuel Co (Qatar Fuel) is a downstream energy company. It carries out distribution, liquefied petroleum gas (LPG), storage and marketing of fuel, gas, and refined petroleum products. The company is a sole distributor of fuels in Qatar. Qatar Fuel provides services for real estate, maritime bunkering, oil and gas transportation inside the State of Qatar, and vehicle inspections. It also supplies diesel and gasoline for vehicles, boats and industry, and aviation fuel for the Doha International Airport. The company trades in bunker fuels, bitumen importation and distribution for new roads, LPG for domestic purpose, and own-branded lubricants. It also conducts ship-to-ship bunkering activities and markets its own range of branded lubricants. Qatar Fuel Co is headquartered in Doha, Qatar.
Headquarters
Qatar
Address
Woqod Tower - West Bay, P.O. Box 7777, Doha
Telephone
974 44308888
Industry
Energy and Utilities
Ticker Symbol & Exchange
QFLS (DOH)
Revenue (2022)
$8.3B
53.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
9.9%
(2022 vs 2021)
Market Cap*
$4.0B
Net Profit Margin (2022)
XYZ
-28.5%
(2022 vs 2021)
* As of and is in US$
Qatar Fuel Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Bitumen | Road Tankers | Sidra |
| Lubricants | Retail Service Stations | WOQOD |
| Natural Gas | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In September, the company launched the OTO Pro additive range across all of its stations in Qatar. |
| 2023 | Corporate Changes/Expansions | In September, the company opened Mekaines, 2 petrol station at Mekaines Area. |
| 2023 | Contracts/Agreements | In August, the company signed agreements with QatarEnergy for the sale and purchase of petroleum product. |
Competitor Comparison
| Key Parameters | Qatar Fuel Co | Rabigh Refining & Petrochemical Co | Aygaz AS | Oman Oil Marketing Co | Qatar Gas Transport Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Qatar | Saudi Arabia | Turkey | Oman | Qatar |
| City | Doha | Rabigh | Istanbul | Muscat | Doha |
| State/Province | - | Makkah | - | - | - |
| No. of Employees | - | 2,944 | 1,643 | 800 | 12 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ahmad Saif Al-Sulaiti | Chairman | Executive Board | - | - |
| Saad Rashid Al-Muhannadi | Chief Executive Officer; Managing Director | Executive Board | 2019 | - |
| Pradeep Kumar | Chief Financial Officer | Senior Management | 2017 | - |
| Mubarak Ali Al-Briki | Chief Operating Officer | Senior Management | 2020 | - |
| Saeed Rashid Al-Kaabi | Chief Administrative Officer | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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