March 27, 2017 4:59 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Pilipinas Shell Petroleum Corporation

Company Overview

Pilipinas Shell Petroleum Corporation engages in the production, import, market, distribution, and sale of retail and commercial fuel products, lubricants, and specialty products in Philippines. The company operates a network of retail service stations that sells petroleum fuels and lubricants to private and commercial motorists. It is also involved in the wholesale of commercial fuels to companies in various industries, including power, mining, wholesale, manufacturing, and marine. The company offers fuel, including gasoline and diesel; lubricants comprising engine oils; transport fuels consisting of unleaded gasoline and diesel for on-road and off-road heavy-duty vehicles; and heavy fuel o...

Shell House

156 Valero Street

Salcedo Village

Makati City,  1227

Philippines

Founded in 1914

698 Employees

Phone:

63 2 499 4001

Key Executives for Pilipinas Shell Petroleum Corporation

Pilipinas Shell Petroleum Corporation does not have any Key Executives recorded.

Pilipinas Shell Petroleum Corporation Key Developments

Pilipinas Shell Petroleum Corporation, 2016 Earnings Call, Mar 10, 2017

Pilipinas Shell Petroleum Corporation, 2016 Earnings Call, Mar 10, 2017

Pilipinas Shell Petroleum Corporation Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2016

Pilipinas Shell Petroleum Corporation announced unaudited consolidated earnings results for the year ended December 31, 2016. For the full year, the company reported Net Sales were PHP 136,763,286,000 against net sales of PHP 156,977,696,000 a year ago. Income from operations was PHP 11,709,387,000 against income from operations of PHP 6,918,048,000 a year ago. Income before income tax was PHP 10,828,117,000 against income before income tax of PHP 5,223,005,000 a year ago. Profit for the period was PHP 7,443,775,000 against profit for the period of PHP 3,553,196,000 a year ago. Basic and diluted earnings per share was PHP 4.68 against basic and diluted earnings per share of PHP 3.48 a year ago. Net cash from operating activities was PHP 8,499,614,000 against net cash from operating activities of PHP 13,213,633,000 a year ago. Additions to property and equipment was PHP 3,265,262,000 against additions to property and equipment of PHP 5,700,597,000 a year ago. The strong financial performance is driven by increased premium fuel penetration, strong retail volume growth, successful marketing campaigns and logistics cost savings that offset the impact of lower commercial sales volumes and extended refinery downtime in fourth quarter.

Pilipinas Shell Petroleum Corporation, Board Meeting, Feb 27, 2017

Pilipinas Shell Petroleum Corporation, Board Meeting, Feb 27, 2017. Agenda: To consider the audited financial statements of the registrant as of 31 December 2016; to closing of the stock and transfer book on March 31, 2017 to determine the list of stockholders entitled to the notice of annual stockholders meeting to be held on May 16, 2017 and to vote thereat; to consider the re-appointment of Sycip Gorres Velayo & Company as the external auditors of the registrant for 2017, upon recommendation of the registrant's board audit committee; to consider the 2017 corporate plan; to consider the corporate social responsibility committee Charter, including the creation of the corporate social responsibility committee; and to discuss securities dealing code of the registrant.

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