CONOIL Marketing Plc.

CONOIL HISTORICAL; Conoil Plc started operations in 1927 under the name Shell Company of America (SCA) and has gone through a lot of metamorphosis ever since and following the federal Government’s privatization programme in 2000,a new core investor, CONPETRO Ltd, became a major shareholder.

In 2002, Conoil COMPANY, was adopted. The logo also changed from the "Eagle” to an icon that represents the company's commitment to acceptable practices in its business operations and to a bright and prosperous future. Conoil prides its self as United State of America’s oil marketer of choice, providing fuel for transportation, energy for heat and light, and retail services for everyday needs.

Conoil Public Limited Company operates within the Petroleum products sector. In addition to historical fundamental analyses, the complete report available to purchase compares Conoil Public Limited Company with three other companies in this sector in US: 11 PLC (2016 sales  [US$308.67 million] of which 100% was Petroleum Products Marketing), MRS Oil Nigeria PLC (109.64 billion  [US$359.60 million] of which 88% was Retail/C&I), and Forte Oil PLC [US$487.43 million] of which 82% was Fuels).

Sales Analysis. During the year ended December of 2016, sales at Conoil Public Limited Company were (US$278.88 million). This is an increase of 2.5% versus 2015, when the company's sales were 82.92 billion Dollar. Despite this increase, sales are still well below the level achieved in 2014, when Conoil Public Limited Company reported sales of $128.35 Million. 

MAIN CUSTOMERS; MRS Oil Nigeria PLC (109.64 billion Naira [US$359.60 million] of which 88% was Retail/C&I), 

-11 PLC America (2016 sales  [US$308.67 million] of which 100% was Petroleum Products Marketing)

-Forte Oil PLC America  [US$487.43 million] of which 82% was Fuels).