On March 26, 2002, The Wall Street Journal reported that Shell Oil Co. agreed to acquire Pennzoil-Quaker State Co. for $1.8 billion and to assume $1.1 billion of Pennzoil-Quaker State debt.   The Wall Street Journal noted that this transaction combines Shell's 3 percent share of the U.S. market for passenger car motor oil with Pennzoil-Quaker State's 35 percent share.   Shell also adds Pennzoil-Quaker State's 46,200 barrels-per-day Shreveport, Louisiana refinery and more than 2,000 Jiffy Lube outlets.

The following links provide company-level data from various public sources to inform discussions of the Shell Oil/Pennzoil-Quaker State merger. This data presentation is similar to data presentations that have been previously requested from EIA for other significant energy company mergers and/or corporate alliances.

U.S. Petroleum Refining

Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration

File last modified July 17, 2002

Contact:
Neal Davis
neal.davis@eia.doe.gov
Fax: (202) 586-9753

OR

URL: http://www.eia.doe.gov/emeu/finance/mergers/spqindex.html

If you are having technical problems with this site, please contact the EIA Webmaster at wmaster@eia.doe.gov

Back to Energy Finance Home

Overview
Petroleum | Natural Gas | Coal | Nuclear | Electricity | Renewables | Alternate Fuels | International | Environment | Forecasts | Home |