Company overview
Addax Petroleum is engaged in the exploration and production of oil and natural gas. It also focuses on acquisition and development of oil and natural gas properties. The company conducts its activities in West Africa and the Middle East. The company primarily operates in Canada, Nigeria, Cameroon, and Iraq. It is headquartered in Calgary, Canada and employs about 864 people.
The company recorded revenues of $3,762 million in the fiscal year ended December 2008, an increase of 32.9% over 2007. The company's operating profit was $2,676 million in fiscal 2008, an increase of 43.3% over 2007. Its net profit was $784 million in fiscal 2008, an increase of 62.7% over 2007.
Key facts
Toronto Stock Exchange ticker:
AXC
London Stock Exchange ticker:
AXC
Frankfurt Stock Exchange ticker:
42A
No. employees: 864
Turnover: 3,762,000,000 (USD)
Financial year end: December
Summary
- Key facts
- Overview
- Business Description
- History
- Key Employees and Biographies
- Location and Subsidiaries
- Top Competitors
- Major Products and Services
SWOT Profiles
This SWOT analysis company profile is the essential source for top level data and information. The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
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