Tüpraş Stock (TUPRS) Price and Chart

    Tüpraş Stock (TUPRS) Price and Chart It is a company called Turkish Petroleum Refineries or simply Tüpraş (TUPRS), which started operations as a public institution. Shortly called Tüpraş, the company manufactures fuel products and derivatives. The Izmit - based Turkish Oil Refineries have been privatized under various regulation of the company, now known for serving several staff members, and were transferred to the Koç--Shell partnership for $4.14 billion in the second auction of September 12, 2005. Today, the company is owned by Koç Holding and the Holding has become the sole owner of the non-public part by purchasing all of Shell's shares. As of 2008, Ömer M. Koç is at the head of the board of directors. The company, which has 5244 personnel, and the Turkish Petroleum Refineries with a sales amount of 746 thousand tons, has a wide working network.

Tüpraş Foundation

Turkish Petroleum Refineries were established with the Decree No. 60 on state-owned enterprises, published on May 20, 1983. The Company, which has been operating in the petrochemical field since this date, started to work in the subsidiary of PETKUR. It continued to grow by adding the Batman Refinery, which is the first in Turkey, and the Turkish Petroleum Corporation. Thus, İPRAŞ will have added the Turkish Petroleum Refineries to its structure. Today, it is known that there are 4 refineries in Batman, İzmir, İzmit and Kırıkkale.

Tüpraş Public Offering

Turkish Petroleum Refineries, which was offered to the public for the first time on May 28, 1991, started to be traded on the ISE with a 2,5% stake in the company. It has been observed that the rate increased to 3,58% in 1999, and today it is around the other 30%. When the change in Tüpraş share prices in the last 10 years is analyzed, the shares of Turkish Petroleum Refineries, which were around 30-40 TL in 2010, when the price increased from double-digit numbers to 3-digits, increased to 250-260 TL in 2022. It can be said that Tüpraş operates in the stock market with the abbreviation "TUPRS" and is one of the shares that attracts a lot of attention from the investors.

Tüpraş Stock (TUPRS) Price and Chart

 

Tüpraş Share Analysis

   

Companies Acquired by Tüpraş

Purchases made from the past to the present:

• Opet

Opet, which operates in the fuel distribution and sales sector, has more than 900 employees and has 1,766 stations and a storage capacity of 1,1 million m³ together with the Sunpet brand, 40% of which is owned by Tüpraş.

• Ditaş,

Ditaş, which started its operations in Istanbul in 1974; Turkish Petroleum Refineries is the second largest company in which it holds a 79,98% stake in the company, where it provides services in various fields such as ship-ownership, brokerage/chartering, pilotage, tug-boat operations, inspection and agency.

• Gulf Transportation ( Körfez Ulaştırma)

Established in 2009, the company, which is the first private railway operator in Turkey, belongs entirely to Turkish Petroleum Refineries.

• Trading LTD.

The company, whose shares are 100% owned by Turkish Petroleum Refineries, is one of the companies it owns, known to export gasoline and fuel oil products.

Tüpraş Company Information

• CEO : Ömer M. Koç
• Number of Employees: 244
• Headquarters: Istanbul
• Established: May 20, 1983
• Sector: Fuel products

 

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