Aygaz (AYGAZ) Stock Overview

Aygaz A.S., together with its subsidiaries, purchases and delivers liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey. The company operates through three segments: LPG and Gas, Cargo Transportation and Distribution, Petroleum Products and Electricity. It also manufactures LPG cylinders, LPG tanks, valves, and other supplementary materials; and cylinder-hood sets and hoses, regulators, small cylinder gas devices, barbecues, and patio heaters. In addition, the company distributes LPG autogas, cylinder gas, and bulk gas; carries out LPG marine transportation activities; sells carboy water; and trades in fuel and lubricants through its autogas stations. Further, it engages in the delivery of natural gas to customers through pipelines; and liquefied natural gas. Additionally, it purchases, builds, rents, and operates vessels, which transports crude oil, petroleum products, liquid petroleum gas, natural gas and solid, liquid, and liquefied products; generates electricity; and offers courier and last mile delivery services. As of December 31, 2022, it operated eight hydroelectric power plants, one wind power plant, and one natural gas cycle plant with a total installed capacity of 436 MW. The company provides its services through 2,198 cylinder gas dealers; and 1,830 autogas stations. Aygaz A.S. was incorporated in 1961 and is headquartered in Sisli, Turkey.