S-Oil Company Overview and Latest News

S-Oil is a South Korean oil refining company that has been in operation since 1988.

The company is headquartered in Ulsan, South Korea, and has a refining capacity of 540,000 barrels per day.

S-Oil has a significant presence in the global market, with exports to over 30 countries.

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S-Oil was established in 1976 and has since become a competitive oil-refining company.

The company has facilities that produce lube base oil, petro-chemical products, and crude oil refining facilities of 669,000 barrels a day in the Onsan Industrial Complex of Ulsan.

S-Oil's facilities include the Xylene Center, which is the world's largest PX production facility, and the Bunker-C Cracking Center of worldwide standard.

S-Oil is led by CEO Anwar Al-Hejazi, who took office on May 8, 2023.

The company's management team includes Director of Finance/CFO Young-Il Cho, who has been with the company since September 17, 2014, and Chief Operating Officer Bong-Soo Park, who also joined in 2014.

The current Chairman of S-Oil is Chul-Soo Kim, who has been in the position since March 19, 2015.

Here are the current members of S-Oil's management team:

S-Oil Corporation has been making headlines in the petrochemical industry. S-Oil wins 3.6 trillion won order on August 13.

In recent news, South Korea's petrochemical companies are expected to cut capacity and restructure, as announced by the government on August 20. This move aims to revamp the industry.

LG CNS has leveraged Manufacturing AX Tech to target the Middle East oil market, as reported on October 1. This strategic move is likely to boost the company's presence in the region.

S-Oil Corporation's earnings results for the second quarter and six months ended June 30, 2025, were reported on July 25. The company's Q2 2025 earnings call was held on the same day.

South Korean petrochemical firms and production were highlighted in a report on August 20. The report provided an overview of the industry's major players and their production capacities.

Asia Gasoil/Jet Fuel Tender Summary-India's MRPL offered more July jet fuel on July 9. This development is part of the ongoing trends in the regional energy market.

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S-Oil expects Q3 regional refining margin to stay supported, as reported on July 25. This is a positive sign for the company's future prospects.

Here are some key dates related to S-Oil Corporation's recent news:

S-Oil's financial data is quite impressive. The company's revenue has consistently increased over the years, reaching 16.3 trillion KRW in 2020.

In 2020, S-Oil's operating profit was 1.4 trillion KRW, a significant improvement from 2019.

S-Oil's financial stability is a result of its efficient operations and strategic investments.

The company's total assets stood at 24.8 trillion KRW in 2020, a testament to its growing business.

S-Oil's strong financial performance has enabled it to invest in new projects and expand its operations.

S-Oil's Premium Data is a game-changer for businesses and individuals alike. It provides real-time market data, allowing users to make informed decisions quickly.

With access to accurate and up-to-date information, users can stay ahead of the competition and capitalize on new opportunities.

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S-Oil's Premium Data includes information on crude oil prices, which can fluctuate rapidly, affecting the entire supply chain.

This data is especially valuable for companies that rely on oil imports, as it helps them navigate price changes and adjust their operations accordingly.

By providing detailed market analysis, S-Oil's Premium Data empowers users to anticipate and adapt to market shifts, reducing the risk of losses and maximizing gains.

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S-Oil's commitment to sustainability is evident in its efforts to reduce greenhouse gas emissions.

The company aims to reduce emissions by 30% by 2030, which is in line with the Paris Agreement.

S-Oil's focus on sustainability also extends to its supply chain, where it works with partners to promote environmentally friendly practices.

When you're trying to understand a company's digital strategy, knowing their ICT spend and priorities is crucial. IT Client Prospector provides valuable intelligence on this, enabling you to make informed decisions.

S-Oil Corporation Inc's likely spend across technology areas is a key aspect of their digital strategy. This helps you understand where they're focusing their resources.

Understanding a company's ICT spend and priorities can give you a competitive edge. It's like knowing the secret menu at your favorite restaurant – you're one step ahead of the game.

IT Client Prospector's intelligence can help you identify areas where S-Oil Corporation Inc is investing heavily in technology. This could be a sign of where they're seeing the most value in their business.

Knowing a company's ICT spend and priorities can also help you anticipate their future technology needs. It's like being able to see around the corner – you're prepared for what's coming next.

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Analysts' recommendations can be a valuable tool for investors, but it's essential to understand what they mean and how to use them effectively.

Analysts' recommendations can vary widely, as seen in the case of S-Oil Corporation, where Nomura Adjusted the price target to KRW54,000 from KRW59,000, keeping it at Neutral.

Morgan Stanley also had a hand in adjusting the price target, this time to KRW66,000 from KRW69,000, while keeping it at Equalweight.

Nomura made another adjustment, this time to KRW84,000 from KRW96,000, still keeping it at Neutral.

UBS took a different approach, upgrading S-Oil to Buy from Sell and adjusting the price target to 120,000 Won from 96,000 Won.

Nomura also downgraded S-Oil's rating to Neutral from Buy, adjusting the price target to 93,000 South Korean Won from 130,000 Won.

Here's a summary of the analysts' recommendations for S-Oil Corporation:

S-Oil's advertisement strategy is a key aspect of its marketing efforts. They claim to not mix oil from other companies, which is reflected in their low rate of similarity, about 3% among the four gas stations.

This low rate of similarity is actually the highest among the four gas stations. S-Oil's unique selling point is that they only import 100% of their crude oil from Saudi Arabia.

This is a significant advantage, as it allows them to refine high-quality crude oil and produce high-octane oil. In fact, they claim that the high-octane oil in the refining process is what makes their oil "good oil".

However, this also means that S-Oil's operating profit can fluctuate more than other refineries when refining margins fall. This is because they don't have the flexibility to refine low-quality crude oil like other refiners do.

Here's a comparison of S-Oil's refining process with other refiners:

This table highlights the key differences between S-Oil's refining process and that of other refiners. While S-Oil's focus on high-quality crude oil may result in a more consistent product, it also limits their flexibility in the face of changing refining margins.