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    PCOR   PHY6885F1067

PETRON CORPORATION

(PCOR)
  Report
End-of-day quote. End-of-day quote Philippines Stock Exchange - 10/22
3.96 PHP   -1.25%
10/12PETRON : Raises $355 Million from Bond Issuance
MT
10/12PETRON : lists P18 billion retail bonds on PDEx
PU
10/11GENERAL ANNOUNCEMENT : :Corporate Disclosures
PU
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

General Announcement::Corporate Disclosure

08/16/2021 | 05:12am EDT

CR05981-2021

SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES

REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

  1. For the quarterly period ended
    Jun 30, 2021
  2. SEC Identification Number
    31171
  3. BIR Tax Identification No.
    000-168-801
  4. Exact name of issuer as specified in its charter
    PETRON CORPORATION
  5. Province, country or other jurisdiction of incorporation or organization
    Philippines
  6. Industry Classification Code(SEC Use Only)
  7. Address of principal office
    San Miguel Head Office Complex, 40 San Miguel Avenue, Mandaluyong City
    Postal Code
    1550
  8. Issuer's telephone number, including area code
    (63 2) 8884-9200
  9. Former name or former address, and former fiscal year, if changed since last report
    N/A
  10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class

Number of Shares of Common Stock Outstanding and Amount

of Debt Outstanding

COMMON (PCOR)

9,375,104,497

PREFERRED SERIES 2B (PRF2B)

2,877,680

PREFERRED SERIES 3A (PRF3A)

13,403,000

PREFERRED SERIES 3B (PRF3B)

6,597,000

PCOR SERIES A BONDS DUE 2021 (IN MIL

13,000

PESO)

PCOR SERIES B BONDS DUE 2023 (IN MIL

7,000

PESO)

PCOR SERIES C BONDS DUE 2024 (IN MIL

13,200

PESO)

PCOR SERIES D BONDS DUE 2025 (IN MIL PESO)

TOTAL DEBT AS OF JUNE 30, 2021 (IN MIL PESO-CONSO)

6,800

186,644

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange - Common and Preferred Series 2 and Series 3 Shares; Philippine Dealing & Exchange Corp. - Series A, B, C and D Bonds

12. Indicate by check mark whether the registrant:

  1. has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Petron Corporation

PCOR

PSE Disclosure Form 17-2 - Quarterly Report

References: SRC Rule 17 and

Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended

Jun 30, 2021

Currency (indicate

Peso (in Millions)

units, if applicable)

Balance Sheet

Period Ended

Fiscal Year Ended (Audited)

Jun 30, 2021

Dec 31, 2020

Current Assets

149,764

132,294

Total Assets

366,922

349,725

Current Liabilities

156,288

149,069

Total Liabilities

253,503

263,530

Retained

31,459

29,799

Earnings/(Deficit)

Stockholders' Equity

113,419

86,195

Stockholders' Equity - Parent

106,658

79,772

Book Value per Share

2.19

2.05

Income Statement

Current Year

Previous Year

Current Year-To-Date

Previous Year-To-Date

(3 Months)

(3 Months)

Gross Revenue

91,093

47,744

174,734

152,719

Gross Expense

85,806

57,878

165,786

167,262

Non-Operating Income

126

210

764

409

Non-Operating

2,625

3,450

4,776

6,225

Expense

Income/(Loss) Before

2,788

-13,374

4,936

-20,359

Tax

Income Tax Expense

645

-4,015

1,063

-6,123

Net Income/(Loss) After

2,143

-9,359

3,873

-14,236

Tax

Net Income Attributable

2,010

-9,148

3,410

-13,762

to

Parent Equity Holder

Earnings/(Loss) Per

0.16

-1.06

0.18

-1.64

Share

(Basic)

Earnings/(Loss) Per

-

-

-

-

Share

(Diluted)

Current Year (Trailing 12 months)

Previous Year (Trailing 12 months)

Earnings/(Loss) Per Share (Basic)

0.24

-1.89

Earnings/(Loss) Per Share (Diluted)

-

-

Other Relevant Information

Please see attached Quarterly Report (SEC Form 17-Q) for the 2nd Quarter 2021 of the Company as filed with the Securities and Exchange Commission on August 13, 2021.

Filed on behalf by:

Name

Jhoanna Jasmine Javier-Elacio

Designation

Legal Manager and Assistant Corporate Secretary

C O V E R S H E E T

3

1

1

7

1

S. E. C. Registration Number

P E T R O N

C O R P O R A T I O N

(Company's Full Name)

S

M

C

H E

A D

O

F F I C E

4 0

S

A N

M I G U E L

A

V

E.

M A

N D

A L

U Y O N G

C I T Y

(Business Address: No. Street City / Town / Province)

ATTY. JOEL ANGELO C. CRUZ

Contact Person

8-884-9200

Company Telephone Number

1

2

-

3

1

SEC Form 17-Q 2nd Quarter 2021

Month

Day

FORM TYPE

Fiscal Year

Permit to offer securities

Secondary License Type, if Applicable

0

5

1

8

Month Day Annual Meeting

(For 2021)

N/A

Dept. Requiring this Doc.

Amended Articles Number/Section

Total Amount of Borrowings

144,902 (as of June 30, 2021)

Total No. of Stockholders

Domestic

Foreign

To be accomplished by SEC Personnel concerned

Fiscal Number

LCU

Document I. D.

Cashier

S T A M P S

Remarks = pls. use black ink for scanning purposes

- 1 -

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Petron Corporation published this content on 16 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2021 09:11:11 UTC.


© Publicnow 2021
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Financials
Sales 2021 396 B 7 814 M 7 814 M
Net income 2021 2 552 M 50,3 M 50,3 M
Net Debt 2021 - - -
P/E ratio 2021 17,2x
Yield 2021 -
Capitalization 37 125 M 730 M 732 M
Capi. / Sales 2021 0,09x
Capi. / Sales 2022 0,08x
Nbr of Employees 2 709
Free-Float 26,4%
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Technical analysis trends PETRON CORPORATION
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 1
Last Close Price 3,96 PHP
Average target price 5,80 PHP
Spread / Average Target 46,5%
EPS Revisions
Managers and Directors
Ramon S. Ang President, CEO & Executive Director
Emmanuel E. Eraña Chief Finance Officer & Senior Vice President
Roland B. Salonga VP-Operations & Corporate Technical Services
Joel Angelo C. Cruz Secretary, Vice President & Compliance Officer
Artemio Villaseñor Panganiban Independent Director