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Petron Corporation (Philippines)

Main Activities: Petroleum Refineries | Gasoline Stations
Full name: Petron Corporation Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Petron Corporation (PCOR) is one of the three main oil refiners in the Philippines. PCOR refines crude oil into various fuel products such as gasoline, jet fuel and liquefied petroleum gas. The company markets and distributes the products mainly to the domestic clients. The company's refinery is located in Limay, Bataan, and it sources bulk of its crude oil from Saudi Aramco in the Middle East. Fuel products are distributed from the refinery to bulk storage terminals and direct consumer accounts nationwide using a fleet of barges and tankers. Products are also distributed to the Bataan combined cycle power plant of National Power Corp. (NPC) through pipeline. The company's other customers are industrial end-users, service stations, LPG dealers and retail outlets. The company started in the year 1957 and has its head office located in Mandaluyong City.

Headquarters
San Miguel Head Office Complex, 40 San Miguel Avenue
Pasig; National Capital Region; Postal Code: 1550

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Website: http://www.petron.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1957
Key Executives
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President
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Chief Executive Officer
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Vice President
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Vice President
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Assistant Vice President
Ownership Details
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19.9%
Subsidiaries
Limay Energen Corporation
100%
Overseas Ventures Insurance Corpation Ltd (United Kingdom)
100%
Petrogen Insurance Corporation
100%
Company Performance
Financial values in the chart are available after Petron Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
-6.95%
Total operating revenue
-6.91%
Operating profit (EBIT)
40.85%
EBITDA
37.93%
Net Profit (Loss) for the Period
16.25%
Total assets
-2.33%
Total equity
-13.66%
Operating Profit Margin (ROS)
1.46%
Net Profit Margin
0.32%
Return on Equity (ROE)
2.4%
Debt to Equity Ratio
23.19%
Quick Ratio
0.04%
Cash Ratio
-0.05%

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