Craft

Independent Petroleum Group

Stock Price

$32.7

2023-12-18

Market Capitalization

$12.6 B

2023-12-18

Revenue

KD884.8 M

FY, 2025

Independent Petroleum Group Summary

Company Summary

Overview
Independent Petroleum Group is a provider of trading, and marketing of petroleum products. It offers oil, LPG, petrochemicals, and fertilizers. The company provides oil and gas field service, financial assistance, terminalling, pipelines, shipping, and other services
Type
Public
Status
Active
Founded
1976
HQ
Kuwait, KW | view all locations
Website
https://www.ipg.com.kw/en
Cybersecurity rating
Sectors

Key People

  • Ali M. Al-Radwan, Chairman

    • Ghazi F. Alnafisi, Non-Executive Vice Chairman

      • Waleed J. Hadeed, Executive Board Member, Chief Executive Officer

        • Samir S. Shammas, Executive Board Member & Deputy Chief Executive Officer

          LocationsView all

          10 locations detected

          • Kuwait, Al Asimah Governate HQ

            Kuwait

            P.O.Box 24027

          • Nairobi, Nairobi County

            Kenya

            6th Floor Muthangari Drive, Sarit Centre

          • Casablanca, Casablanca-Settat

            Morocco

            block a, 24 Rue Jaber Ben Hayane

          • Maputo, Maputo

            Mozambique

            Predio Jat Iv, Av. Zedequias Manganhela Nº 267, 6º. Andar

          • Singapore

            Singapore

            6 Tesmasek Boulevard, # 30-01b, Suntec Tower Four

          • Johannesburg, GP

            South Africa

            Phase 3, (Building 3), 3rd Floor, Cnr Alice Lane & Fifth Street

          and 4 others

          Independent Petroleum Group Financials

          Summary Financials

          Revenue (FY, 2025)
          KD884.8M
          Gross profit (FY, 2025)
          KD21.9M
          Net income (FY, 2025)
          KD10.2M
          Cash (FY, 2025)
          KD59.6M
          EBIT (FY, 2025)
          KD18.5M
          Enterprise value
          $12.7B

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