Petron Corp - Company Profile
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Petron Corp (Petron) a subsidiary of Sea Refinery Corp, is a leading oil company in the Philippines, operating the country's only remaining refinery. The company is primarily engaged in refining and marketing a full range of fuels and petrochemicals. Petron's major products include gasoline, diesel, LPG, jet fuel, kerosene, and various petrochemicals with a brands include Blaze 100, XCS, Xtra Advance, Turbo Diesel, Diesel Max, Gasul, and Fiesta Gas. The company's products serve a wide range of customers, including motorists, households, and industries such as power generation, manufacturing, mining, and agribusiness. Petron's distribution network includes marine and road transport, with partnerships in marine transport and a network of service stations. The company operates in the Philippines and Malaysia, with refineries in Bataan and Port Dickson, respectively. Petron is headquartered in Mandaluyong City, Metro Manila, Philippines.
Headquarters
Philippines
Address
Smc Head Office Complex, 40 San Miguel Avenue, Mandaluyong, 1550
Website
www.petron.com
Telephone
63 2 88849200
No of Employees
2,343
Industry
Energy and Utilities
Ticker Symbol & Exchange
PRF4A (PSE)
Revenue (2023)
$14.1B
-6.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
74.2%
(2023 vs 2022)
Market Cap*
$325.9M
Net Profit Margin (2024)
XYZ
85.7%
(2023 vs 2022)
* As of and is in US$
Petron Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fuels: | Maintenance and Repairs | Petrogrease |
| Automotive Fuels: | Fuel Services | Marinekote |
| Industrial Fuels | Gearfluid | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company renewed its fuel supply agreement with Oceanagold Philippines Inc. through a memorandum of agreement (MOA) at OGPI’s main office in Makati City. |
| 2025 | Corporate Changes/Expansions | In October, the company opened its first Treats Pasalubong store at NAIA Terminal 3 at Level 1 of the Arrival Area, the shop sells Filipino-made snacks such as dried mangoes, polvoron, and banana chips, along with baked items like pandesal and ensaymada. |
| 2025 | Corporate Changes/Expansions | In October, the company opened a new Car Care Center in Butuan City, its second facility in the CARAGA region, located along Capitol Road in Barangay Bayanihan. |
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 | Houston | Kuala Lumpur | Houston |
| State/Province | - | Texas | Texas | Kuala Lumpur (Federal Territory of) | Texas |
| No. of Employees | 2,343 | 58,000 | 43,039 | 54,105 | 11,800 |
| Entity Type | Public | Public | Public | Government | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ramon S. Ang | Chief Executive Officer; Director | Executive Board | 2015 | 72 |
| John Paul L. Ang | Chief Operating Officer; Director; President | Executive Board | 2026 | 46 |
| Margarito B. Teves | Director | Non Executive Board | 2014 | 83 |
| Virgilio S. Jacinto | Director | Non Executive Board | 2010 | 70 |
| Mirzan Mahathir | Director | Non Executive Board | 2010 | 68 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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