Professional Documents
Culture Documents
Finmar Stock Valuation
Finmar Stock Valuation
HOLYANGELUNIVERSITY
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
c. PETRON CORPORATION
Table ………………………………………………………………….……… 3
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
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
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
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
PETRON CORPORATION
Sector: Industrial
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COMPANY DESCRIPTION
Philippines, Inc. (Esso) and later renamed to Petrophil Corporation (Petrophil) when
the Philippine National Oil Company (PNOC) acquired Esso. In 1985, Petrophil and
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
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
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.
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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
a wholesale and retail basis as well as the operation of gas stations, oil depots,
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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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
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Philippines
Presentacion S. Ramos
Director
Christopher M. Gotanco
Director
Reynaldo E. Nazarea
Director
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Nicasio I. Alcantara
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,
company purpose clause, which the Securities and Exchange Commission (SEC)
areas in offshore Palawan and onshore Mindoro under various service contracts with
investment house which holds equity interest in: Penta Capital Finance Corporation,
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investment in PCHI.
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Lorelie Q. Osial
Director
Reynaldo P. Abilo
Director
Stuart Chaplin
Director
Nina D. Aguas
Director
Luis C. la Ó
Director
Cesar A. Buenaventura
Independent Director
Lydia B. Echauz
Independent Director
COMPANY DESCRIPTION
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Corporation, was incorporated and registered with the Securities and Exchange
The SEC approved its change in corporate name to its present one on March 15,
products.
SHLPH solely operates under the downstream oil and gas segment. The
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-
various joint ventures. These include Bonifacio Gas Corporation, which constructs,
maintains and operates a centralized gas distribution system; and Kamayan Realty
fuel distribution terminals and supply points, 10 lubricants warehouses, and three
December 31, 2021, the Company has 1,100 retail stations nationwide.
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E-mail Address:
Telephone Number: (02) 8570-.686
Fax Number: (02) 8631-1381
Website: http://pxpenergy.com.ph
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COMPANY DESCRIPTION
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
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
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
Galoc field.
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III. TABLES
PETRON CORPORATION
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Philodrill Corp.
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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
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
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
consecutive increases in interest rates, the consolidated net income for the first half of the
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
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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
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
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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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
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
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
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)
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.
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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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.
Regarding financial implications, while specific data for this period isn't
available, significant swings in stock prices may signify potential alterations in the
status.
Despite market uncertainties, PXP Energy Corp. seems resolute in its pursuit
fluctuations.
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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
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
the company's long-term growth prospects, which are primarily based on the expected
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
further enhances its strategic place within the Philippine Oil & Gas industry. The
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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
conclude the year 2023 on a positive note by improving customer experience and
consistent success, evidenced by its attainment of a net income of P4.1 billion in the
strategies. These strategies encompass the expansion of its core business operations
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
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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
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
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
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
revenues and a significant drop in the quantity of products sold, leading to increased
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
energy and mineral sectors to augment its business prospects and future growth.
declines in stock prices alongside revenue and operating income, partly attributed to
market fluctuations and escalating fuel costs. Despite these setbacks, PSPC, under
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the company to capitalize on the anticipated expansion of the oil and gas industry.
energy sector, grappled with significant stock price fluctuations, indicating potential
market volatility. However, the company's focus remains on diversifying its ventures
These distinct trajectories within the oil industry exemplify how various
companies navigated the intricate landscape of the stock market, each employing
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Supporting Computations:
PNX
OPM
SHLPH
ENEX
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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
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
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
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
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VI. RECOMMENDATIONS
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Inc., Philodrill Corporation, Philippine Shell Petroleum Corporation (PSPC), and PXP
the oil sector. This thorough examination reveals how these entities navigate market
shifts, economic hurdles, and changing consumer needs. To enrich the study,
global oil market dynamics, and government policies, would provide a more
with their industry peers could offer valuable insights into various approaches used
to overcome challenges and foster development, adding depth and context to 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
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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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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