Petron Corp - Company Profile

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Petron Corp: Overview

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Petron Corp (Petron), a subsidiary of San Miguel Corporation, is a downstream energy company. It refines and markets an array of petroleum products including gasoline, liquefied petroleum gas, kerosene, industrial fuel oil, diesel, jet fuel, solvents, asphalts; and petrochemical feedstocks such as benzene, toluene, and propylene. The company exports straight-run fuel oil, diesel, benzene, toluene, and other products. Petron operates an oil refinery in Limay, Bataan. The company sells its products to industrial end-users and resellers through a network of service stations; LPG dealers; and retail outlets. The company markets and distributes refined petroleum products in the Philippines, India, Malaysia, Japan, Singapore, South Korea, Pakistan, Thailand, and the United Arab Emirates. It also supplies jet fuel at major airports to international and domestic airlines. The company exports various petroleum and non-fuel products to Asia-Pacific countries. Petron is headquartered in Mandaluyong, Philippines.

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Headquarters Philippines
Address Smc Head Office Complex, 40 San Miguel Avenue, Mandaluyong, 1550
Website www.petron.com
Telephone 63 2 88849200
No of Employees 2,957
Industry Energy and Utilities
Ticker Symbol & Exchange PRF4A (PSE)
Revenue (2021) $15.7B 95.8% (2021 vs 2020)
EPS XYZ
Net Income (2021) XYZ 6.7% (2021 vs 2020)
Market Cap* $516.4M
Net Profit Margin (2021) XYZ -45.5% (2021 vs 2020)
* As of and is in US$
View Petron Corp financials
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Petron Corp premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Petron Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Fuels: Fuel Services Petrogrease
Automotive Fuels: Maintenance and Repairs Gearfluid
Industrial Fuels Marinekote
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 New Products/Services In June, the company introduced Fiesta gas refillable LPG cylinder in Luzon.
2023 Contracts/Agreements In April, the company signed a contract with local partners for the adoption of a 20-hectare mangrove site.
2022 New Products/Services In September, the company launched Fiesta Gas 170-gram in refillable cylinders.
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Competitor Comparison

Key Parameters Petron Corp Exxon Mobil Corp Chevron Corp Petroliam Nasional Bhd ConocoPhillips
Headquarters Philippines United States of America United States of America Malaysia United States of America
City Mandaluyong Spring San Ramon Kuala Lumpur Houston
State/Province - Texas California Kuala Lumpur (Federal Territory of) Texas
No. of Employees 2,957 62,000 45,600 49,771 9,900
Entity Type Public Public Public Government Public
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Executives
Name Position Board Since Age
Ramon S. Ang Chief Executive Officer; Director; President Executive Board 2015 69
Lubin B. Nepomuceno General Manager; Director Executive Board 2015 72
Jhoanna Jasmine M. Javier-Elacio Compliance Officer; General Counsel Senior Management - -
Virgilio V. Centeno Vice President - Industrial Sales Senior Management - -
Mark Tristan D. Caparas Petron Malaysia - Chief Finance Officer; Vice President Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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