Hellenic Petroleum S.A. - GDR (HLPXF)

Overview

HELLENiQ ENERGY Holdings S.A., alongside its subsidiaries, is a key player in the energy sector primarily operating in Greece, Southeastern Europe, and the East Mediterranean. The enterprise has a broad spectrum of operations which are spread across various segments such as Refining, Supply and Trading; Marketing; Production and Trading of Petrochemicals; Electricity Generation & Trading and Natural Gas; Exploration and Production of Hydrocarbons; and Electromobility. Initially known as Hellenic Petroleum Holdings Societe Anonyme, the company underwent a name change to HELLENiQ ENERGY Holdings S.A. in September 2022. Since its establishment in 1998, with its headquarters in Maroussi, Greece, it has evolved significantly, showcasing a robust presence in the energy domain.

Products and Services

• Refining, Supply, and Trading of Crude Oil and Petroleum Products: Involves the processing of crude oil into various petroleum products and their subsequent sale and distribution, ensuring a consistent supply of quality fuels.
• Marketing of Fuels: Pertains to the retail and wholesale distribution of fuels through various channels, aimed at meeting the energy needs of different market segments efficiently.
• Wholesale Trading of Oil Products: Focuses on the bulk sale of oil products to large customers, including industrial, commercial, and other professional energy users.
• Production and Marketing of Petrochemicals: Encompasses the production of petrochemical products like polypropylene and BOPP films, alongside solvents, which are then marketed to a diverse clientele.
• Trading of Imported Plastics and Chemicals: Deals with the import and trade of various plastics and chemical materials, catering to industrial needs in the manufacturing and production sectors.
• Electricity Generation & Trading and Natural Gas: Focuses on generating electricity through traditional and renewable sources, trading in the energy market, and wholesale trading and distribution of natural gas.
• Exploration and Production of Hydrocarbons: Entails the discovery and extraction of hydrocarbon resources, aiming at contributing to energy self-sufficiency and resource development.
• Electromobility: Represents the company’s efforts in supporting environmentally friendly transportation solutions through electric vehicles and associated services.
• Additional Services: HELLENiQ ENERGY also offers a suite of other services including treasury, consulting, engineering services, IT services, leasing of commercial properties, operation of petrol stations, production and packaging of lubricants, logistics & distribution of LPG, real estate activities, and operation of fuel storage facilities and pipelines.