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Last $3.25 PHP
Change Today -0.05 / -1.52%
Volume 644.0K
As of 3:20 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

phoenix petroleum philippine (PNX) Snapshot

Previous Close
Day High
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52 Week High
09/8/14 - $5.50
52 Week Low
08/25/15 - $2.95
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Average Volume 10 Days
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phoenix petroleum philippine (PNX) Details

Phoenix Petroleum Philippines, Inc. trades in petroleum products under the PHOENIX Fuels Life brand name on wholesale and retail basis in the Philippines. Its Trading segment markets, merchandises, purchases, sells, deals, acquires, disposes, and distributes goods and wares, such as petroleum, adhesives, glues, bonding agents, epoxy resins, lubricants, and other products. The company’s Depot and Logistics Services segment operates oil depots and storage facilities, as well as provides logistics services. Its Shipping and Cargo Services segment is involved in the hauling of petroleum products; operation of inter-island going vessels for domestic trade; chartering in and out vessels; and providing marine services to ship owners, operators, and managers. The company’s Real Estate segment is involved in real estate development, management, and operations, as well as selling parcels of land. It is also involved in terminaling and hauling services, such as leasing storage space in the company’s terminal depot; and into-plane services in the cities of Davao, Cagayan de Oro, Cotabato, Zamboanga, and Ozamis. In addition, the company engages in organizing, managing, administering, running, and supervising the operations and marketing of various kinds of services oriented companies comprising petroleum service stations; and buying, selling, supplying, distributing, importing, exporting, storing, and delivering various types of petroleum for industrial, marine, aviation, and automotive use. As of December 31, 2014, it had 418 service stations, including 141 service stations in Luzon, 56 in the Visayas, and 221 in Mindanao. The company was formerly known as Davao Oil Terminal Services Corp. and changed its name to Phoenix Petroleum Philippines, Inc. in August 2006. The company was incorporated in 2002 and is headquartered in Davao City, the Philippines. Phoenix Petroleum Philippines, Inc. is a subsidiary of Udenna Corporation.

Founded in 2002

phoenix petroleum philippine (PNX) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

phoenix petroleum philippine (PNX) Key Developments

Phoenix Petroleum Philippines Inc. Declares Dividend for Preferred Shares, Payable on September 21, 2015

Phoenix Petroleum Philippines Inc. announced that the company's Board has approved the declaration of dividend for its Preferred Shares computed at the fixed rate of 8.25% per annum. Record date for this preferred shares dividend declaration shall be on August 25, 2015 payable on September 21, 2015.

Phoenix Petroleum Philippines Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Phoenix Petroleum Philippines Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's revenues were PHP 7,007,449,289 against PHP 9,987,320,735 a year ago. Profit before tax was PHP 193,705,204 against PHP 197,154,921 a year ago. Net profit was PHP 195,019,910 against PHP 189,961,888 a year ago. For the period, the company reported that higher sales volume boosted company’s profit by nearly 6% from a year ago. Revenues were PHP 14,407,704,911 against PHP 18,514,829,026 a year ago. Profit before tax was PHP 438,764,318 against PHP 414,451,136 a year ago. Net profit was PHP 425,221,850 or PHP 0.28 per share against PHP 401,833,211 or PHP 0.27 per share a year ago. Net cash from operating activities was PHP 193,834,985 against PHP 3,678,574,868 a year ago. Acquisitions of property and equipment were PHP 850,552,973 against PHP 1,289,031,054 a year ago.

Phoenix Petroleum Philippines Inc Wins Fuel Supply Deal

Phoenix Petroleum Philippines Inc. has bagged a PHP 39 million contract to supply fuel for Malaya thermal power plant. The contract which was awarded last July 2 - involves the supply of 15 million liters of industrial diesel oil for the 650-megawatt (MW) power plant in Pililla, Rizal.


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