1. Israel Stocks

  2. •

    Energy minerals

  3. •

    Oil refining/Marketing
Oil Refineries Ltd.

Oil Refineries Ltd.

196.20
ILA
-4.00
(-2.00%)
36.40EPS
4.33P/E
491.57BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.71
2.92
1.71
1.34
1.76
2.07
2
1.27
2.05
3.39
2.61
2.4
1.86
2.47
Basic EPS, GAAP
-0.06
-0.03
0.07
0.05
0.08
0.06
0.03
-0.09
0.08
0.14
0.13
0.04
0.02
0.12
Free Cash Flow per Basic Share
- -
0.23
0.03
0.1
0.08
0.12
0.09
0.11
-0.03
0.16
0.17
0.08
0.01
0.1
Dividend per Share
- -
- -
- -
- -
0.03
0.02
0.02
- -
- -
0.04
0.08
0.06
0.02
0.01
Book Value per Share
0.25
0.2
0.27
0.32
0.38
0.41
0.43
0.34
0.43
0.54
0.58
0.57
0.56
0.64
Tangible Book Value per Share
0.23
0.19
0.26
0.31
0.37
0.4
0.42
0.33
0.42
0.54
0.57
0.56
0.55
0.63
Basic Weighted Avg Shares
2,691
3,194
3,209
3,221
3,194
3,226
3,205
3,190
3,201
3,196
3,188
3,139
3,133
3,013
Sales/Revenue/Turnover
9,995
9,328
5,491
4,321
5,624
6,676
6,423
4,064
6,577
10,828
8,324
7,542
5,841
7,454
Operating Margin (%)
0.82
0.75
7.76
7.92
8.25
4.82
3.67
-3.75
6.47
5.53
6.97
2.93
-0.1
4.12
Depreciation Expense
175
168
136
141
156
193
183
210
172
155
173
182
206
182
Net Income, GAAP
-167
-93
225
158
262
187
99
-274
253
441
408
113
47
370
Effective Tax Rate (%)
- -
- -
15.04
20.24
20.08
20.08
22.09
- -
17.13
14.53
16.73
18.71
21.67
17.59
Profit Margin (%)
-1.67
-0.99
4.09
3.65
4.66
2.8
1.55
-6.75
3.84
4.07
4.9
1.5
0.8
4.96
Working Capital
-405
-401
111
185
400
377
468
383
694
958
926
786
684
1,158
LT Debt
1,357
1,267
1,447
1,338
1,384
1,223
1,222
1,395
1,351
1,153
1,032
1,022
1,193
1,264
Total Equity
785
654
874
1,037
1,204
1,320
1,381
1,080
1,373
1,744
1,857
1,764
1,746
1,990
Return on Invested Capital (%)
- -
- -
13.85
10.02
13.65
8.93
6.13
- -
11.87
16.3
14.78
5.74
3.66
14.08
Return on Capital (%)
- -
- -
13.3
9.75
13.01
10.13
6.5
- -
11.52
17.22
15.75
6.5
4.13
14.84
Return on Common Equity (%)
-20.94
-12.87
29.41
16.52
23.37
14.82
7.36
-22.3
20.62
28.3
22.66
6.24
2.68
20.45

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
214
205
222
LT Borrowings
1,070
1,071
1,264
LT Finance Leases
123
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,111
3,111
3,121
Market Capitalization
972
1,343
1,659

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,874
2,420
2,796
Cash, Cash Equivalents & STI
615
545
813
Accounts Receivable, Net
543
901
897
Inventories
619
841
905
Total Current Liabilities
1,190
1,705
1,638
Payables & Accruals
- -
- -
- -
ST Debt
214
205
222
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.19%
10.93%
-1.02%
Free Cash Flow
-59.48%
-181.51%
-85.04%
Net Income, GAAP
-67.14%
-51.19%
-58.41%
Sales/Revenue/Turnover
5.84%
14.28%
-22.55%
Total Cash Common Dividend
- -
- -
-71.26%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,088
1,850
1,811
1,793
7,542
2025
1,560
1,469
1,182
1,630
5,841
2026
1,941
2,701
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
- -
0.01
0.04
2025
-0.01
-0.01
0.01
0.02
0.02
2026
- -
0.08
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
0.01
- -
0.06
2025
- -
0.02
- -
- -
0.02
2026
- -
0.01
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shlomo Basson
Full Time Employees
1,371
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
P.O. 4 Haifa HA Israel 3100001
IPO Date
Feb 28, 2007
Website
orl.co.il
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Business
Oil Refineries Ltd Oil Refineries Ltd (ORL.TA), also known as BAZAN Group, operates Israel's largest integrated oil refining and petrochemical complex in Haifa Bay, with a crude oil refining capacity of approximately 9.8 million tons per year and a Nelson complexity index of 9; the company produces a wide range of fuel products including gasoline, diesel, kerosene, fuel oil, liquefied petroleum gas, naphtha, and bitumen; it manufactures polymers such as polyethylene and polypropylene through Carmel Olefins Ltd, aromatic chemicals including benzene, paraxylene, orthoxylene, and toluene through Gadiv Petrochemical Industries Ltd, and basic oils and waxes through Haifa Basic Oils Ltd; additional operations encompass polypropylene production via Ducor in the Netherlands, power and heat services to industrial customers, storage and transportation infrastructure, tanker leasing for marine fuel transport, and trading and shipping activities, primarily serving the Israeli market with exports to the Mediterranean basin. Founded in 1959 and headquartered in Haifa, Israel, the company previously known as Haifa Refineries Ltd traces its origins to a refinery complex established in the 1930s-1940s under British mandate; it operates through segments including Fuels, Polymers, Aromatics, Polymers-Ducor, and Other. Recent developments include repairs and a return to near-full operational capacity following missile strikes on its facilities in June 2025 that caused three worker fatalities and pipeline damage, supported by a temporary planning exemption for rehabilitation; strong Q3 2025 financial results with adjusted consolidated EBITDA of USD 132 million driven by a refining margin of USD 10.7 per barrel and contributions of USD 17 million from the strategic investment in Cantium (USA); an equity buyback program completed in 2024 repurchasing 20.2 million shares for USD 5 million; and the announcement on November 30, 2025, of CEO Malachi Alper's intention to step down, initiating the process for a successor.