Company Petron Corporation

Equities

PCOR

PHY6885F1067

Oil & Gas Refining and Marketing

End-of-day quote Philippines S.E. 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
3.13 PHP +0.97% Intraday chart for Petron Corporation -0.63% -11.83%

Business Summary

Petron Corporation is a Philippines-based oil refining and marketing company. The Company operates through four segments: industrial and wholesale, aviation fuels, LPG, and lubricants and specialties. The industrial segment sells diesel and gasoline fuels to mini-stations and power plants, as well as to the manufacturing, plantation, transportation and construction sectors, while the Malaysian wholesale segment primarily engages in diesel sales to company-appointed resellers, which sell the Company's products to industrial customers. The aviation fuels segment mainly sells to key airline customers, which operate at the Kuala Lumpur International Airport where the product is supplied through the pipeline connected to the Port Dickson Terminal. LPG segment markets liquefied petroleum gas in 12 kilograms (kg) and 14 kg cylinders for domestic use and 50 kg and bulk for commercial use. The Lubricants and specialties segment provides Petron lubricants and greases in the Malaysian market.

Number of employees: 3,572

Sales per Business

PHP in Million2022Weight2023Weight Delta
Petroleum
99.6 %
854,712 99.7 % 798,032 99.6 % -6.63%
Leasing
0.1 %
1,173 0.1 % 1,158 0.1 % -1.28%
Marketing
0.1 %
1,221 0.1 % 1,143 0.1 % -6.39%
Elimination/Others
0.1 %
532 0.1 % 694 0.1 % +30.45%

Sales per region

PHP in Million2022Weight2023Weight Delta
Philippines
51.6 %
412,743 48.1 % 413,175 51.6 % +0.10%
International
48.4 %
444,895 51.9 % 387,852 48.4 % -12.82%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 09-01-07
Director of Finance/CFO 64 08-12-31
Chief Operating Officer - 23-03-31
Compliance Officer - -
Director/Board Member 73 09-08-31
Director/Board Member 68 10-08-12
Investor Relations Contact - -
Corporate Officer/Principal - 18-02-28
Sales & Marketing - 23-04-03
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 83 09-12-31
Director/Board Member 94 09-01-07
Chief Executive Officer 71 09-01-07
Director/Board Member 75 20-08-03
Director/Board Member 66 10-08-12
Director/Board Member 80 14-05-19
Director/Board Member 68 10-08-12
Director/Board Member 87 10-10-20
Director/Board Member 70 10-08-12
Director/Board Member 44 21-03-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 6,597,000 0 0 26.41 %
Stock B 1 9,375,104,497 2,475,756,300 ( 26.41 %) 0
Stock C 0 13,403,000 0 0

Shareholders

NameEquities%Valuation
6,399,756,124 68.26 % 364 M ₱
Petron Corp. Employees Retirement Plan
4.898 %
459,156,097 4.898 % 26 M ₱
ATR Asset Management, Inc.
0.1311 %
12,286,558 0.1311 % 699 351 ₱
Philequity Management, Inc.
0.0426 %
3,995,000 0.0426 % 227 395 ₱
ABN AMRO Bank NV (Belgium)
0.0320 %
3,000,000 0.0320 % 170 760 ₱
Dimensional Fund Advisors Ltd.
0.0293 %
2,744,380 0.0293 % 156 210 ₱
Fideuram Asset Management (Ireland) DAC
0.0240 %
2,250,000 0.0240 % 128 070 ₱
AXA Investment Managers Asia Ltd.
0.007669 %
719,000 0.007669 % 40 925 ₱
Freddie Yumang
0.003761 %
352,600 0.003761 % 20 070 ₱
MFC Asset Management Public Co., Ltd. (Investment Management)
0.002880 %
270,000 0.002880 % 15 368 ₱

Holdings

NameEquities%Valuation
198,179,063 73.40% 194,703,002 $

Company contact information

Petron Corp.

San Miguel Corp. Head Office Complex 40 San Miguel Avenue

1550, Mandaluyong

+63 2 8884 9200

http://www.petron.com
address Petron Corporation(PCOR)

Group companies

NameCategory and Sector
Wholesale Distributors
  1. Stock Market
  2. Equities
  3. PCOR Stock
  4. Company Petron Corporation