Paz Oil Company Ltd. (PZOL.TA)

36,910.00 +170.00 (+0.46%) At close: 02:24PM IDT

Paz Oil Company Ltd.

Holland Building
Euro Park Kibbutz
Yakum 60972
Israel
972 9 863 1103
https://www.paz.co.il

Sector(s): Energy
Industry: Oil & Gas Refining & Marketing
Full-time employees: 7,672

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Nir Sztern	Chief Executive Officer	3.15M	N/A	1971
Mr. Shlomi Fruhling	Deputy Chief Executive Officer	2.01M	N/A	1973

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ILA.

Description

Paz Oil Company Ltd., together with its subsidiaries, refines, produces, stores, imports, markets, and sells petroleum and other products in Israel and internationally. it offers oil and fuel products through fueling stations, and food and convenience products through Yellow market stores; leases stores; and engineering, maintenance, and logistic services. The company is also involved in the direct marketing of fuel products to institutional customers, industries, and other enterprises, as well as to car fleets and the Palestinian Authority. In addition, it markets, distributes, and sells LPG for cooking, heating, and refueling vehicles; produces, markets, and exports sealing and insulation solutions to construction industry; manufactures and markets products for transportation infrastructure; markets bitumen, various sealing and coating liquids, and other products; distributes aviation fuel; and provides refueling services. Further, the company produces, imports, markets, and exports oils for transportation and industry, as well as various solvents and raw materials for the perfume and detergent industry, process products for the agro industry, and markets raw materials for the paint, printing, and construction industries; operates as an automatic lubrication oil dispenser; produces and markets auxiliary products for cars, fuel additives, lubricants, urea, and cleaning agents for industry; and produces and markets combustible liquid for industry and heating, renewed oil, and recycled solvents. Additionally, it generates and sells photovoltaic electricity; imports crude oil; offers procurement services; and invests in creating an advanced computing environment. The company was formerly known as The Shell Company of Palestine and changed its name to Paz Oil Company Ltd. in 1960. Paz Oil Company Ltd. was founded in 1922 and is based in Yakum, Israel.

Corporate governance

Paz Oil Company Ltd.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.