| Business Summary | | Perez
Companc
S.A.
is
the
holding
company
of
PECOM
ENERGIA
S.A.,
which
leads
a
group
of
companies
mainly
engaged
in
the
energy
sector,
this
being
its
main
business.
Likewise,
the
Company
is
involved
in
other
activities
complementary
to
its
main
business.
The
Company
originally
was
founded
in
1946
as
a
shipping
company
and
gradually
moved
away
from
such
activity.
In
1960
PECOM
ENERGIA
initiated
operations
in
the
oil
business,
and
is
now
an
important
oil
and
gas
producer
in
the
Argentine
Republic.
In
the
early
1990's
the
Company
began
to
aggressively
focus
on
the
energy
business,
capitalizing
on
different
opportunities,
mainly
those
derived
from
the
oil
and
gas
industry
deregulation
in
Argentina
and
from
the
utility
privatization
process.
The
Company's
business
segments
include
Exploration
and
Production
of
Oil
and
Gas,
Refining
and
Petrochemical,
Electricity,
Hydrocarbons
Marketing
and
Transportation,
Forestry,
and
Other. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Perez
Companc
S.A.
is
the
controlling
company
of
Pecom
Energia
S.A.,
an
intergrated
energy
company
with
operations
concentrated
on
oil
and
gas
exploration,
production,
refining
and
petrochemicals,
electricity
and
hydrocarbons
marketing
and
transportation.
For
the
three
months
ended
3/31/01,
revenues
rose
9%
to
P$380
million.
Net
income
totaled
P$154
million,
up
from
P$60
million.
Results
reflect
increased
oil
and
gas
sales
and
a
PS$114
million
income
from
asset
swap. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jorge Gregorio Perez Companc | Chairman,
Pres | Oscar Anibal Vicente | Vice
Chairman, CEO | Mario Lagrosa | CFO | Tadeo Perich | COO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|