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HOLYANGELUNIVERSITY

School of Business in Accountancy


Holy Angel University
Angeles City

Members:
Balilu, Jerica Danielle A.
Picardal, Mariah Samantha C.
Salcedo Christine Joy B.
Teopaco, Ralph Martin P.

Submitted to:
Mr. Von Chrysler Gonzales

Submission Date:
November 21, 2023

TABLE OF CONTENTS

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Introduction……………………………………………………………………. 3

Company Profile…………………………………………………………….. 6

a. PHOENIX PETROLEUM PHILIPPINES, INC.

b. SHELL PILIPINAS CORPORATION

c. PETRON CORPORATION

d. PXP ENERGY CORPORATION

e. THE PHILODRILL CORPORATION

Table ………………………………………………………………….……… 3

Graphs and Graphs Interpretation…….………………………….……….. 4

Summary…………………………………………………………..…………. 5

Conclusion…………………………………………..…………………..…… 6

Recommendation……………………………………………..…………….. 17

Sources/References………………………………………………………... 19

I. INTRODUCTION

The Philippine Stock Exchange, Inc. is a privately held, non-profit organization that

was founded with the intention of creating and preserving a clear, profitable, and orderly

marketplace for the trading of securities, including bonds, stocks, permits, alternatives, and

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more. Companies looking to raise capital through the issuance of new securities are

gathered by the PSE. The sector classification system used by the PSE divides listed

companies into six main groups. Financials, Industrial, Holding Firms, Real Estate, Services,

and Mining and Oil are some of these. The Statista Research Department (2023) claims.

The oil and natural gas industries play a major role in shaping the energy market. They are

the world's primary fuel sources and have a significant impact on the world economy. Oil is

used more often in the Philippines than other fuels, especially for transportation.

Nevertheless, the Philippines must import crude oil and petroleum products to meet the

rising demand due to low domestic output. The production of natural gas has been viewed

as an undesirable byproduct for the majority of the industry's existence, and even now, in

some parts of the world, it is flared in large quantities.

They facilitate easy asset trading and resource distribution, financial markets are

essential to the efficient operation of capitalist economies. They design financial products

that give those with surplus funds to invest returns and give those same funds to those in

need. For example, the stock market is a financial market. Exchanges of different financial

assets, including stocks, bonds, currencies, and derivatives, give rise to these markets.

Specifically, the stock market facilitates the purchase and sale of shares in publicly traded

corporations by investors. Once the primary stock market is where the company first issues

its stocks. These stocks are then traded on the secondary market, where investors

exchange securities that they already own.

In order to guarantee reasonable and efficient prices, Transparency and information

availability are critical to the functioning of financial markets. While some financial markets,

such as the New York Stock Exchange, are relatively small and have little activity, the

Exchange (NYSE), manages securities valued at trillions of dollars daily.

Envision individuals and companies interacting to exchange goods, similar to how

goods were traded before money was invented. The global hub for money management in

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this market. It aids in determining costs and allocation of funds. Consider it as a vast

financial amusement park known as the "financial market."

II. COMPANY PROFILES

PETRON CORPORATION

Sector: Industrial

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Subsector: Electricity, Energy, Power & Water


Corporate Life: Perpetual
Incorporation Date: Dec 22, 1966
Number of Directors: 15
Stockholders' Meeting as per By-Laws: Third Tuesday of May
Fiscal Year: 12/31 (Month/Day)
External Auditor: R.G. Manabat & Co.
Transfer Agent: SMC Stock Transfer Service Corporation
Contact Information:
Business Address: SMC Head Office Complex, 40 San
Miguel Avenue, 1550 Mandaluyong City
E-mail Address: contactus@petron.com
Telephone Number: (632) 8884-9200
Fax Number: (632) 8884-0953
Website: http://www.petron.com

Symbol Type ISIN Listing Date


PCOR Common PHY6885F1067 Sep 07, 1994

Average Growth Rates


Past five years
Ending 10/31/23 (Fiscal Year)

Revenue Net Income Earnings Per Share


+28.25% -51.19% -67.77%
Capital Spending Gross Margin Cash flow
-10.42B +6.20% -155.32%

Key People Petron Corporation


Board of Directors
Ramon S. Ang
President, Chief Executive Officer, Executive Director
Emmanuel E. Erana
Senior Vice President, Chief Finance Officer

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Mark Tristan D. Caparas


Chief Finance Officer, Vice President - Petron Malaysia
Albertito S. Sarte
Deputy Chief Finance Officer and Treasurer
Freddie P. Yumang
Senior Vice President, Chief Risk Officer
Jhoanna Jasmine M. Javier-Elacio
Assistant Vice President, General Counsel, Corporate Secretary, Compliance
Officer
Jonathan F. Del Rosario
Vice President - Operations and Corporate Technical Services Group
Myrna C. Geronimo
Vice President - Controller
Lemuel C. Cuezon
Vice President - Marketing
Maria Rosario D. Vergel de Dios
Vice President - Human Resources
Margarito B. Teves
Lead Independent Director
John Paul L. Ang
Non-Executive Director
Aurora T. Calderon
Non-Executive Director

COMPANY DESCRIPTION

Petron Corporation (PCOR) was incorporated on December 22, 1966 as Esso

Philippines, Inc. (Esso) and later renamed to Petrophil Corporation (Petrophil) when

the Philippine National Oil Company (PNOC) acquired Esso. In 1985, Petrophil and

Bataan Refinery Corporation were merged, with Petrophil as the surviving

corporation. Petrophil changed its corporate name to the present one in 1988.

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PCOR's principal business involves the refining of crude oil and the marketing

and distribution of refined petroleum products including gasoline, naphtha, LPG,

diesel, jet fuel, kerosene, and petrochemicals. The Company's refinery is located in

Limay, Bataan with a crude distillation capacity of 180,000 barrels a day. PCOR also

manufactures lubricants and greases through its plants in Manila.

As of December 31, 2022, PCOR had more than 1,900 retail service stations

and various LPG dealerships, stores and franchises, and lube outlets nationwide.

Source: The Company (2022); SEC Form 17-A (2022)

PHOENIX PETROLEUM PHILIPPINES, INC.


Sector: Industrial
Subsector: Electricity, Energy, Power &
Water
Corporate Life: 50
Incorporation Date: May 08, 2002
Number of Directors: 7
Stockholders' Meeting as per By-Laws:June - Last Thursday
Fiscal Year: 12/31 (Month/Day)

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External Auditor: Punongbayan & Araullo


Transfer Agent: BDO Unibank, Inc. - Trust and
Investments Group
Contact Information:
Business Address: 17th Floor, UDENNA Tower Rizal Drive
cor. 4th Avenue Bonifacio Global City, Taguig 1634
E-mail Address: info@phoenixfuels.ph
Telephone Number: (632) 8403-4013
Fax Number: (632) 8403-4009
Website: http://www.phoenixfuels.ph

Symbol Type ISIN Listing Date


PNX Common PHY6892G1059 July 11, 2007

Average Growth Rates


Past five years
Ending 10/31/23 (Fiscal Year)

Revenue Net Income Earnings Per Share


+88.56% -272.08% -2.28%

Capital Spending Gross Margin Cash flow


-591.94M +4.46% +13.79%

Key People - PHOENIX PETROLEUM PHILIPPINES, INC


Management Officers

Henry Albert R. Fadullon


President, Chief Executive Officer, Executive Director
Dennis A. Uy
Chief Strategy Officer
Socorro T. Ermac-Cabreros
Corporate Secretary
Ignacia S. Braga IV
OIC- CFO and Treasurer
Board of Directors
Dennis A. Uy
Chairman

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Domingo T. Uy
Director
Henry Albert R. Fadullon
Director
Romeo B. De Guzman
Director
Jose Victor Emmanuel A. De Dios
Director
Stephen T. CuUnjieng
Director
Cherylyn C. Uy
Director
Monico V. Jacob
Director
Consuelo Ynares-Santiago
Independent Director
Minoru Takeda
Independent Director

COMPANY DESCRIPTION

Phoenix Petroleum Philippines, Inc. (PNX) was incorporated on May 8, 2002

and is presently engaged in the marketing and distribution of petroleum products on

a wholesale and retail basis as well as the operation of gas stations, oil depots,

storage facilities and allied services.

The Company's primary business lines include trading of petroleum products;

distribution of fuels to retail and industrial customers; marketing and distribution of

LPG, lubricants, and other chemicals; terminalling and hauling services which

include the lease of storage space and into-plane services in airports. Through its

subsidiaries, PNX has also expanded into retailing of its fuel products and

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complementary non-fuel retail businesses such as convenience store retailing and

digital transaction services.

PNX wholly owns PFL Petroleum Management, Inc.; Phoenix Global

Mercantile, Inc.; Subic Petroleum Trading and Transport Phils., Inc.; PNX Petroleum

Singapore Pte. Ltd.; Phoenix LPG Philippines; Duta, Inc.; Philippine FamilyMart

CVS, Inc.; PNX Energy International Holdings, Pte. Ltd.; Phoenix Pilipinas Gas and

Power, Inc.; and Phoenix Road Transport Pilipinas, Inc. As of December 31, 2022,

PNX has a network of 595 operating retail service stations nationwide and a total of

three service stations under various stages of completion.

Source: SEC Form 17-A (2022)

THE PHILODRILL CORPORATION


Sector: Mining and
Oil
Subsector: Oil
Corporate Life: 50
Incorporation Date: Jun 26, 1969
Number of Directors: 9
Stockholders' Meeting as per By-Laws: June – third Wednesday each year
Fiscal Year: 12/31 (Month/Day)
External Auditor: SyCip, Gorres, Velayo & Company
Transfer Agent: Stock Transfer Service, Inc.
Contact Information:

Business Address: 8th Floor, Quad Alpha Centrum, 125


Pioneer Street, Mandaluyong City,

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Philippines

E-mail Address: info@philodrill.com


Telephone Number: (632) 8631-8151 to 52

Fax Number: (632) 8631-8080


Website: http://www.philodrill.com

Symbol Type ISIN Listing Date


OV Common PHY8791A148 Sep 25, 1969

Average Growth Rates


Past five years
Ending For the period ended :
Sep 30, 2023

Revenue Net Income Earnings Per Share

Capital Spending Gross Margin Cash flow

Key People THE PHILODRILL CORPORATION


Alfredo C. Ramos
Chairman

Presentacion S. Ramos
Director

Adrian Paulino S. Ramos


Director

Gerard Anton S. Ramos


Director

Maureen Alexandra R. Padilla


Director

Christopher M. Gotanco
Director

Reynaldo E. Nazarea
Director

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Nicasio I. Alcantara
Independent Director

Honorio A. Poblador III


Independent Director

COMPANY DESCRIPTION

The Philodrill Corporation (OV) was incorporated on June 26, 1969 with the

primary purpose of engaging in oil, gas, and mineral exploration and development. In

1989, realizing the need to balance the risk associated with its petroleum activities,

OV changed its primary purpose to that of a diversified holding company while

retaining petroleum and mineral exploration and development as one of its

secondary purposes. Thereafter, the Company has maintained investments in

petroleum exploration and production, financial services, property development,

mining and infrastructure development. On January 16, 2008, the stockholders of

OV approved to change the Company’s primary purpose back to petroleum

exploration and development and include as a secondary purpose the holding

company purpose clause, which the Securities and Exchange Commission (SEC)

approved on April 13, 2009.

The Company's active petroleum projects cover production and exploration

areas in offshore Palawan and onshore Mindoro under various service contracts with

the Philippine government through the Department of Energy.

OV is a 40% shareholder of Penta Capital Investment Corporation, an

investment house which holds equity interest in: Penta Capital Finance Corporation,

a finance company (99%-owned); Penta Capital Holdings Inc. (PCHI), an investment

holding company (29.54%-owned); Penta Capital Realty Corporation (100%-owned);

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and Intra-Invest Securities, Inc. (68.47%-owned). OV holds a 13.21% direct equity

investment in PCHI.

OV also holds minor equity interests in Atlas Consolidated Mining &

Development Corporation and United Paragon Mining Corporation.

Source: SEC Form 17-A (2022)

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SHELL PILIPINAS CORPORATION


Sector: Industrial
Subsector: Electricity, Energy, Power & Water
Corporate Life: 50
Incorporation Date: Jan 09, 1959
Number of Directors: 11
Stockholders' Meeting as per By-Laws: May-last working day at 3 pm
Fiscal Year: 12/31 (Month/Day)
External Auditor: SyCip, Gorres, Velayo & Company
Transfer Agent: BDO Unibank,Trust and Investments
Group
Contact Information:
Business Address: 40/F c/o JG Summit, Robinson`s Equitable
Tower, ADB Ave., Ortigas Center, Pasig City 1600
E-mail Address: -
Telephone Number: (632) 3499-4001
Fax Number: (632) 3499-4219
Website: http://pilipinas.shell.com.ph

Symbol Type ISIN Listing Date


SHLPH Common PHY6980U1070 Nov 03, 2016

Average Growth Rates


Past five years
Ending 10/31/23 (Fiscal Year)
Earnings Per
Revenue Net Income Share
291.48B/yr 5.71% +5.71%

Capital Spending Gross Margin Cash flow


- +11.60% +461.31%

Key People SHELL PILIPINAS CORPORATION

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Min Yih Tan


Non-Executive Chairman of the Board

Lorelie Q. Osial
Director
Reynaldo P. Abilo
Director
Stuart Chaplin
Director

Nina D. Aguas
Director

Luis C. la Ó
Director

Randolph T. Del Valle


Director

Cesar A. Buenaventura
Independent Director

Lydia B. Echauz
Independent Director

COMPANY DESCRIPTION

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Shell Pilipinas Corporation (SHLPH), formerly Pilipinas Shell Petroleum

Corporation, was incorporated and registered with the Securities and Exchange

Commission on January 9, 1959 as The Shell Refining Company (Philippines), Inc.

The SEC approved its change in corporate name to its present one on March 15,

2023. SHLPH is primarily engaged in the refining and marketing of petroleum

products.

SHLPH solely operates under the downstream oil and gas segment. The

Company's integrated downstream operations span all aspects of the downstream

product supply chain, from importing crude oil and its refining, to importing and

marketing refined products to its customers across the Philippines. The products it

markets include gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants and

bitumen. Some of the Company's products are “Shell V-Power Racing”; “Shell V-

Power Gasoline”; “Shell V-Power Diesel”; “Shell FuelSave Gasoline”; “Shell

FuelSave Diesel”; “Shell Helix”; “Shell Rimula” and “Shell Advance”.

The Company has no majority-owned subsidiaries but has equity interest in

various joint ventures. These include Bonifacio Gas Corporation, which constructs,

maintains and operates a centralized gas distribution system; and Kamayan Realty

Corporation, which acquires, develops and manages real estate properties.

SHLPH distributes refined and imported petroleum products through its 24

fuel distribution terminals and supply points, 10 lubricants warehouses, and three

medium range-capable import facilities throughout the Philippine Archipelago. As of

December 31, 2021, the Company has 1,100 retail stations nationwide.

Source: SEC Form 17-A (2021)/ C2068-2023

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PXP Energy Corp.


Sector: Mining and oil
Subsector: Oil
Corporate Life: N/A
Incorporation Date: Jul 19, 1995
Number of Directors: 9
Stockholders' Meeting as per By-Laws:
Fiscal Year: 12/31 (Month/Day)
External Auditor: SyCip, Gorres, Velayo & Company
Transfer Agent: Stock Transfer Service, Inc.
Contact Information:
Business Address: 2/F, LauchPad Reliance corner Sheridan
Streets, Mandaluyong City

E-mail Address:
Telephone Number: (02) 8570-.686
Fax Number: (02) 8631-1381
Website: http://pxpenergy.com.ph

Symbol Type ISIN Listing Date


PXP Open PHY7S66G1036 Sep 12, 2011

Average Growth Rates


Past five years
Ending

Revenue Net Income Earnings Per Share

Capital Spending Gross Margin Cash


flow

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Key People ENEX Energy Corp.


Board of Directors
Manuel V. Pangilinan
Chairman
Marilyn A. Victorio-Aquino
Director
Eulalio B. Austin, Jr.
Director
Daniel Stephen P. Carlos
Director
Oscar S. Reyes
Director
Joseph H.P. Ng
Director
Diana B. Pardo-Aguilar
Director
Benjamin S. Austria
Independent Director
Emerlinda R. Roman
Independent Director

COMPANY DESCRIPTION

PXP Energy Corporation (PXP), formerly Philex Petroleum Corporation, was

incorporated on December 27, 2007. PXP's primary business is the exploration and

production of crude oil and natural gas, through interests in petroleum service

contracts (SCs) and holdings in resource development companies with interests in

petroleum SCs. On August 8, 2016, the Securities and Exchange Commission

approved the change in name to the present one.

The Company's direct interest in Philippine petroleum SCs includes a 50%

operating interest in SC 75; a 70% operating interest in SC 74; and a 5.56% interest

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in SC 6A; all located in the Northwest Palawan. PXP also has a 40% non-operating

interest in the Department of Energy (“DOE”) Philippine Conventional Energy

Contracting Program (“PCECP”) Area 7 (Sulu Sea) and a 100% operating interest in

Block A North Recto Bank (Nominated Area No. 6) located in offshore West

Palawan, both of which are currently pending award from the DOE.

PXP has interests in various petroleum SCs in the Philippines and Peru held

directly and through a 100% interest in Pitkin Petroleum Limited (PPL) and 72.33%

interest Forum Energy Limited (FEL). PPL is an international upstream oil and gas

company registered in the United Kingdom with operations in Peru. PPL has a 25%

participating interest in Peru Block Z-38 located in offshore Tumbes Basin. FEL,

meanwhile, has a 70% operating interest in SC 72 Recto Bank which covers the

Sampaguita natural gas discovery in offshore West Palawan; 100% operating

interest in SC 40 North Cebu; and minority interests in the SC 6 and SC 14 sub-

blocks in offshore Northwest Palawan, including a 3.2103% interest in the producing

Galoc field.

The Company owns 100% of Brixton Energy Mining Corporation, which is

engaged in exploration development and utilization of energy-related resources.

Source: SEC Form 17-A (2022)

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III. TABLES
PETRON CORPORATION

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PHOENIX PETROLEUM PHILIPPINES, INC.

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PXP ENERGY CORP.

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SHELL PILIPINAS CORPORATION

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Philodrill Corp.

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IV. GRAPHS AND GRAPH


INTERPRETATIONS

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PETRON CORPORATION

The company Petron Corporation refines and sells oil and works with clients in the

energy and derivatives businesses to find solutions. The petroleum group includes selling

gasoline, diesel, and kerosene to both motorists and people who run public transportation.

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During the initial six months of 2023, Petron Corporation demonstrated a strong

performance as seen by its consolidated sales volume of 57.61 million barrels, indicating a

notable 12% growth in comparison to the same period in the previous year. The growth

observed in the operations of the Philippines was particularly remarkable, as evidenced by a

significant increase in sales volume of 16%, resulting in the sale of 34.93 million barrels.

This surge may be attributed to the strong recovery of demand inside the country. As a

result, Petron experienced a decline in its consolidated revenues, with a decrease of 8%

from P398.52 billion to P367.04 billion in the corresponding period of the previous year.

Despite the drop in commodity prices, there was a contraction in refining cracks. However,

Petron was able to sustain its consolidated operating income at P16 billion for the initial half

of the year. This success was facilitated by favorable volume growth and the overall

commendable performance of the firm in the marketing sector. Nevertheless, as a result of

consecutive increases in interest rates, the consolidated net income for the first half of the

year amounted to P6.14 billion.

Through the given time period, Petron Corporation stock prices have gone up and

down a number of times. From the beginning of July to the end of July, prices seem to have

been slowly going up, hitting a high point of P3.750. This indicates a favorable trend and the

possibility of increased investor trust within that timeframe. Furthermore, the closing prices

offer valuable insights into the prevailing market attitude at the conclusion of each trading

day. On October 31, 2023, the stock exhibited an opening price of 3.29 and a closing price

of 3.27. Throughout the day, it demonstrated a trading range spanning from 3.04 to 3.34,

while the total trading volume amounted to 1,211,000. The previous days saw comparable

fluctuations, wherein on October 27, 2023, the market opened at 3.35, closed at 3.29, and

had a trading volume of 1,297,000. The stock had notable fluctuations on October 4, 2023,

commencing at a value of 3.42 and subsequently attaining a peak of 3.47. However, it also

saw a decline, reaching a nadir of 3.32 before concluding the day at 3.47. These price

movements were accompanied by a substantial trading volume of 1,155,000. In recent

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times, the stock has demonstrated a degree of steadiness, consistently concluding within the

range of 3.27 to 3.29. The observed patterns indicate a combination of oscillations and

intervals of relative stability in the stock performance of Petron Corporation.

Petron's President and CEO, Ramon S. Ang, stated that the company's recent

performance demonstrates its ability to prudently manage funds and maintain stability in the

face of market fluctuations. According to him, Petron is actively working on significant

projects at its refinery, terminals, and service stations as part of its expansion strategy. The

goal of these initiatives is to keep Petron a stable, efficient, and thriving oil company.

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PHOENIX PETROLEUM PHILIPPINES, INC.

One of the Philippines' most prominent oil companies is Phoenix Petroleum

Philippines Inc. The company engages in the selling and trade of refined petroleum

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products, encompassing gasoline, diesel, and industrial fuels. In addition to its primary

operations, Phoenix Petroleum engages in the operation of gas stations and offers a range

of services including the provision of lubricants and convenience retailing.

Phoenix Petroleum Philippines, Inc. has released its financial performance for the

initial quarter concluding on March 31, 2023. The company said it made PHP 43.59 million in

sales in the first quarter, up from PHP 43.19 million in the same time last year. Throughout

its operational years, Phoenix Petroleum Philippines, Inc. disclosed that its sales amounted

to PHP 42.07 million, which is in contrast to the PHP 86.63 million reported in the previous

year. The revenue for the current fiscal period amounted to PHP 15,245.31 million, which

represents a decrease from the previous fiscal period's revenue of PHP 23,737.71 million.

The net loss experienced during the current period amounted to PHP 1,621.33 million, which

represents an increase from the net loss of PHP 948.61 million recorded in the

corresponding period of the previous year. The basic loss per share from continuing

operations for the current period amounted to PHP 1.12, which represents an increase from

the previous year's figure of PHP 0.97. The diluted loss per share from continuing operations

for the current period amounted to PHP 1.12, representing an increase from the previous

year's figure of PHP 0.97.

Phoenix Petroleum's stock price has seen a range of positive and negative

movements throughout the specified time frame. From late August to early September,

closing prices seem to have been slowly going up, reaching a high point of P6.99. This

observation suggests a significant level of momentum and probable optimism among

investors during the mentioned period. Moreover, the stock values exhibit a somewhat stable

pattern over the month of October. On October 03, 2023, the stock commenced trading at a

price of 5.65 and concluded the trading session at 6.3. Throughout the day, the stock

experienced a peak trading volume of 37,809,102. The stock has exhibited a degree of

relative stability over the past few days, with its closing price predominantly falling between

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the range of 5.99-6.05. The observed patterns indicate a combination of fluctuations and

periods of consistent stock performance for Phoenix Petroleum. The Group saw a significant

decline in revenues during the nine-month period of 2023, with a decrease of 57.2% to P

42.803 billion compared to the P 99.923 billion generated in the corresponding period of

2022. The primary reason for this can be attributed to a significant decline of 46.8% in the

overall quantity of products sold over the comparative periods of 2023 (1,156 million liters)

and 2022 (2,177 million liters).

Persistent economic challenges, such as fluctuating pricing, high interest rates, and

capital limits, have impeded the retail industry's revival. Consequently, the Earnings Before

Interest, Taxes, Depreciation, and Amortization (EBITDA) has exhibited a decrease in each

successive quarter, while the rate of volume expansion for the year 2023 has remained

constant.

Despite the prevailing economic challenges and enduring repercussions of the

epidemic, Henry Albert Fadullon, President of Phoenix Petroleum, has expressed optimism

over the company's positive trajectory of recovery in the current fiscal year. Despite the

problems, they are confident in their long-term ability to grow and will continue to focus on

improving and implementing high-impact programs that will assist them in their recovery.

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PXP ENERGY CORP.

PXP Energy Corp., an active entity in the energy sector, witnessed

considerable fluctuations in its stock prices from July to October 2023. The stock

values fluctuated between 3.08 and 4.89 during this period, displaying notable highs

and lows.

October showed a mix of peaks and declines, reaching highs at 4.89 and lows at

3.28. This phase demonstrated fluctuating stock values, indicating possible market

instability or varying investor sentiments affecting how PXP Energy Corp.'s stocks

were perceived.

These fluctuations imply potential market volatility, potentially influenced by

external factors impacting the company's perceived performance or broader market

conditions affecting investor confidence.

Regarding financial implications, while specific data for this period isn't

available, significant swings in stock prices may signify potential alterations in the

company's financial landscape. This might involve operational costs, revenue

changes, or market-related challenges influencing the company's overall financial

status.

Despite market uncertainties, PXP Energy Corp. seems resolute in its pursuit

of new business opportunities within the energy sector. This determination

underscores a strategic focus on diversifying its endeavors despite potential market

fluctuations.

In essence, the observed fluctuations in stock prices point towards potential

market dynamics, prompting a closer examination of the company's financial reports

and market circumstances to comprehend the factors influencing PXP Energy

Corp.'s stock performance during this timeline.

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SHELL PILIPINAS CORPORATION

Philippine Shell Petroleum Corporation's main business is importing and selling

gasoline, diesel, jet fuel, fuel oil, lubricants, bitumen, and other oil-related products.

The anticipated growth of the oil and gas industry in the Philippines will be extremely

beneficial to the Philippine Petroleum and Mineral Corporation (PSPC). In spite of a

demanding economic climate characterized by escalating fuel costs, PSPC shown

resilience by achieving a net income of P4,075,747 during the second quarter of 2023.

Although there was a tiny decline of -1.25% in comparison to the previous year, this can

be mainly attributable to the remarkable increase in prices observed in the first quarter

of 2023. Furthermore, there was a loss of -1.25% in total gross sales, amounting to

P65,292.82. Similarly, the operating income had a decline of -0.59% from its initial value

of P281.28 million. The temporary obstacles experienced by PSPC do not undermine

the company's long-term growth prospects, which are primarily based on the expected

expansion of the Oil and Gas industry.

A high of 14.7 and a low of 14.52 were recorded for PSPC's stock price in August

2023. After experiencing an initial period of volatility, the stock price exhibited a

subsequent decline, with a peak value of 14.68 and a nadir of 14.28 on August 18,

2023. The observed decline continued consistently over the course of the subsequent

month of September, reaching its peak and nadir at 13.92 by the conclusion of the

month. The stock price of PSPC experienced a persistent downward trend during the

month of October, concluding with a maximum value of 13.1 and a minimum value of

12.58. The commitment of PSPC to operational excellence and cost-efficiency initiatives

further enhances its strategic place within the Philippine Oil & Gas industry. The

organization has successfully implemented a range of strategies aimed at enhancing

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resource allocation and operational efficiency, thereby efficiently addressing the

challenges posed by increasing input expenses.

Although price changes in the first quarter of 2023 caused PSPC to temporarily

lose money, the company showed amazing resilience in its financial comeback,

outpacing its peers in the same industry. The commitment to operational excellence and

innovation by the company's leadership, under the guidance of Lorelie Quiambao-Osial,

President and CEO of Shell Pilipinas, remains unwavering. Their objective is to

conclude the year 2023 on a positive note by improving customer experience and

introducing innovative products. PSPC, an organization that has demonstrated

consistent success, evidenced by its attainment of a net income of P4.1 billion in the

year 2022, is strategically positioned to effectively implement its ambitious growth

strategies. These strategies encompass the expansion of its core business operations

as well as the exploration of opportunities in the realm of renewable energy initiatives. It

is projected that PSPC will allocate a capital expenditure ranging from P5 to 6 billion in

the year 2023 to support these endeavors. PSPC is fully committed to long-term

progress and sustainability, as shown by these smart investments.

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PHILODRILL CORP.

Philodrill Corporation saw fluctuations in its stock values between August and

December 2022. The stock's high values varied from 0.0082 to 0.011, while its low

values ranged between 0.0073 and 0.0099. Over this period, the stock generally

showed stability with occasional peaks and dips.

In August 2022, the stock stayed relatively consistent, hovering around 0.0084 to

0.0091. October saw slight changes, with highs and closes around 0.0084 and 0.0083,

respectively. Overall, the stock didn't stray much from its usual values, indicating minor

shifts.

Regarding finances, Philodrill had a significant increase in net income during the

second quarter of 2023, hitting P747,251, a marked improvement from the prior year's

performance. However, analysts are concerned about the company's long-term

prospects due to limited operations and potential difficulties in acquiring more

resources.

An investment agent noted that despite a revenue increase of 3.09% from 3.51m

to 3.61m, Philodrill's net income fell by -54.98% from 1.66m to 747.25k year-on-year.

This decline was partially due to rising selling, general, and administrative costs, which

went up from 18.97% to 19.15% as a percentage of sales.

Despite challenges, Philodrill is actively seeking new opportunities in the energy

and mineral sectors to potentially enhance its business ventures' value and future

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growth prospects.

V. SUMMARY

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Philippine Stock Exchange (PSE), a hub for securities trading, companies are

categorized into distinct sectors, each playing a vital role in the nation's economic

framework. Within this framework, Petron Corporation, a significant player in the oil

industry, showcased notable sales volume growth, particularly within the Philippines,

despite facing revenue declines and fluctuations in stock prices. Despite these

challenges, Petron managed to sustain a consistent operating income, a testament

to its resilience and strategic business acumen.

In contrast, Phoenix Petroleum Philippines Inc. grappled with declining

revenues and a significant drop in the quantity of products sold, leading to increased

losses. However, amidst these economic headwinds, the company's leadership,

notably President Henry Albert Fadullon, expressed a steadfast commitment to

navigating the challenges, focusing on recovery and implementing impactful

programs to propel the company's growth in the foreseeable future.

Philodrill Corporation faced its own set of market fluctuations, particularly in

stock values, while managing to improve its net income during the second quarter of

2023. However, analysts cautioned about the company's long-term potential due to

operational limitations and concerns about resource acquisition. Despite these

challenges, Philodrill remains focused on exploring new opportunities within the

energy and mineral sectors to augment its business prospects and future growth.

Meanwhile, Philippine Shell Petroleum Corporation (PSPC) encountered

declines in stock prices alongside revenue and operating income, partly attributed to

market fluctuations and escalating fuel costs. Despite these setbacks, PSPC, under

the leadership of President and CEO Lorelie Quiambao-Osial, exhibited resilience

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through strategic cost-efficiency initiatives and operational excellence, positioning

the company to capitalize on the anticipated expansion of the oil and gas industry.

Amidst these fluctuations, PXP Energy Corp., an active participant in the

energy sector, grappled with significant stock price fluctuations, indicating potential

market volatility. However, the company's focus remains on diversifying its ventures

within the energy sector, underscoring a commitment to navigating market

uncertainties and seizing new business opportunities.

These distinct trajectories within the oil industry exemplify how various

companies navigated the intricate landscape of the stock market, each employing

unique strategies and demonstrating resilience in the face of economic challenges.

The resilience displayed by these entities echoes their commitment to sustainability,

growth, and adaptation within a dynamic market environment.

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Supporting Computations:

PCOR Current Assets Current Liabilities

Debt Ratio 243,987,000 238,162,000 98%

Total Assets Turnover Ratio 243,987,000 587,283,000 42%

Profit margin 9,508,000 587,283,000 2%

PNX

Debt Ratio 31,370,000,000 48,680,000,000 64%

Total Assets Turnover Ratio 31,370,000,000 291,480,000,000 11%

Profit margin 4,080,000,000 291,480,000,000 1%

OPM

Debt Ratio 17,114,871 830,575 5%

Total Assets Turnover Ratio 17,114,871 1,126,547 94%

Profit margin 122,874 1,126,547 11%

SHLPH

Debt Ratio 49,833,251 52,958,496 55%

Total Assets Turnover Ratio 49,833,251 62,749,113 44%

Profit margin 5,466,275 62,749,113 9%

ENEX

Debt Ratio 13,487,336 243,346,828 6%

Total Assets Turnover Ratio 13,487,336 219,200,000 6%

Profit margin (73,743,063) 219,200,000 -37%

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VI. CONCLUSION

As the backbone of many industries and drivers of economic growth, gas and oil

are essential to the functioning of the world economy. The idea of energy security is

one of the main justifications for the significance of gas and oil in our economy. Our

homes, companies, and industries are powered by gas and oil, which are essential

energy sources.

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Gas and oil companies' stock exchange general relativity is impacted by a number

of specific to an industry variables, economic trends, geopolitical developments,

and changes in the supply and demand for energy. Companies that produce gas

and oil are very vulnerable to changes in the price of commodities. The revenue

and profitability of these companies are directly impacted by changes in the global

prices of gas and oil. The current prices of natural gas and crude oil are frequently

reflected in the stock prices of oil and gas companies.

Finally, the dataset provided sheds light on how dynamically stock prices will move

between July and October of 2023. This data can be used by analysts and

investors to evaluate short-term trends, volatility, and possible influencing factors.

To fully comprehend the stock's performance during this time, however, a more

thorough analysis incorporating additional data and outside factors is required. The

equilibrium between the world's supply and demand for oil and gas directly affects

prices. The profitability of oil and gas companies can be negatively impacted by

overproduction, but demand growth may have a beneficial effect.

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VI. RECOMMENDATIONS

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The range of oil companies—Petron Corporation, Phoenix Petroleum Philippines

Inc., Philodrill Corporation, Philippine Shell Petroleum Corporation (PSPC), and PXP

Energy Corp.—presents an engaging story of how financial markets intertwine with

the oil sector. This thorough examination reveals how these entities navigate market

shifts, economic hurdles, and changing consumer needs. To enrich the study,

exploring broader economic indicators influencing these firms, such as regulations,

global oil market dynamics, and government policies, would provide a more

comprehensive grasp of their strategies and resilience. Comparing these entities

with their industry peers could offer valuable insights into various approaches used

to overcome challenges and foster development, adding depth and context to the

analysis. Additionally, incorporating expert opinions and forecasts regarding the

future of the Philippine oil industry would enhance the paper's forward-thinking

stance. By integrating expert analyses and industry predictions, the paper can

present a more informed narrative about potential market trends and the evolving

landscape, elevating its relevance and offering a complete perspective for

stakeholders and investors in the oil sector. Such a multifaceted approach wouldn't

just deepen the paper's insights but also provide practical implications and strategic

insights for the future course of the oil industry in the Philippine market.

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VII. REFERENCES Websites:

https://www.statista.com/topics/11403/oil-industry-in-the-philippines/#topicOverview

https://edge.pse.com.ph/companyPage/directors_and_management_list.do?cmpy_i
d=136

https://www.msn.com/en-ph/money/stockdetails/fi-alvzmw?ocid=ansMSNMoney11&
duration=1D
https://www.wsj.com/market-data/quotes/PH/PCOR/financials/annual/balance-
sheet

https://www.petron.com/news/petron-closes-first-half-with-p6-14-billion-net-
incomeamid-market-challenges/

https://www.petron.com/wp-content/uploads/2023/11/11-14-23-Petron-SEC-Form-1
7-Q-Quarterly-Report-3rd-Quarter-2023.pdf

https://www.reuters.com/markets/companies/OV.PS/

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