Petron Corp - Company Profile

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Business Description

Petron Corp (Petron) is the largest oil company in the Philippines. The company supplies fuel to motorists, households, businesses, and key industries, and provides jet fuel to major airlines. It has a refining capacity of 268,000 barrels per day and serves the fuel needs of both the Philippines and Malaysia. Petron produces a range of petroleum products, including gasoline, diesel, LPG, jet fuel, kerosene, and petrochemicals. Petron's distribution network includes marine and road transport, ensuring reliable delivery of its products. Petron operates around 1,800 service stations and has over 2,100 LPG stores nationwide. It has 51 new locators, over 16,000 lube outlets, and 57 Treats stores. The company has 60 car care centers and operates 10 terminals in Malaysia, including four affiliates. Petron's distribution network includes marine transport via barges and vessels, and road transport using tank trucks. It operates a refinery in Bataan, Philippines, with a capacity of 180,000 barrels per day, and another in Port Dickson, Malaysia, with a capacity of 88,000 barrels per day.

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Business Segments

Overview

Markets petroleum products to both industrial end-users and resellers through retail outlets and LPG dealers. Additionally, the store provides lubricants and specialty goods and maintains repair and maintenance facilities to meet the particular needs of motorists. Gasul and Fiesta are two of its top brands. It runs gas stations in Malaysia and the Philippines.

Performance

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Overview

Provides petroleum, oil, gas, and related products to transport operators through its service stations.

Performance

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Overview

The company leases acquired real estate properties for gasoline service stations; storage and distribution facilities, distribution; petroleum refining, and other related structures.

Performance

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