First Gen Corporation (PSE: FGEN)

Philippines flag Philippines · Delayed Price · Currency is PHP
16.50
+0.46 (2.87%)
Dec 23, 2024, 4:00 PM PST
-3.40%
Market Cap 59.34B
Revenue (ttm) 136.22B
Net Income (ttm) 15.24B
Shares Out 3.60B
EPS (ttm) 4.24
PE Ratio 3.89
Forward PE 3.45
Dividend 0.90 (5.45%)
Ex-Dividend Date Dec 11, 2024
Volume 67,000
Open 16.16
Previous Close 16.04
Day's Range 16.06 - 16.50
52-Week Range 16.04 - 20.50
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Mar 28, 2025

About First Gen

First Gen Corporation, through its subsidiaries, engages in the power generation business in Philippines. It operates through FGPC, FGP, EDC and Subsidiaries, FG Hydro, FNPC, and Prime Meridian segments. The FGPC segment operates a 1,000 megawatts (MW) combined cycle, natural gas-fired Santa Rita power plant. The FGP segment operates a 500 MW combined cycle, natural gas-fired San Lorenzo power plant. The EDC and Subsidiaries holds service contracts with the Department of Energy to explore, develop, and utilize the resources in the relevant 10 g... [Read more]

Industry Electrical Utilities & IPPs
Sector Utilities
Founded 1993
Employees 2,142
Stock Exchange Philippine Stock Exchange
Ticker Symbol FGEN
Full Company Profile

Financial Performance

In 2023, First Gen's revenue was $2.47 billion, a decrease of -7.20% compared to the previous year's $2.67 billion. Earnings were $311.77 million, an increase of 21.29%.

Financial numbers in USD Financial Statements

News

First Gen forges supply deal with Kyleson

Lopez-owned First Gen Corp. (First Gen) will supply 600 kilowatts (kW) of electricity to Colours Town Center, a mixed-use commercial destination in Las Piñas City owned and developed by retail and gen...

5 weeks ago - BusinessMirror

FGEN to continue supplying power to GMC’s Cebu plant

PUBLICLY-listed First Gen Corp. (PSE: FGEN) and privately-held food manufacturer General Milling Corp. (GMC) announced the renewal of their energy supply deal.

2 months ago - BusinessMirror

Hotels urged to use clean energy – First Gen’s Carlo Vega said PHL hotels can save on power costs and cut down on their carbon footprint by tapping RE sources

Hotels in the Philippines can save on their electricity expenses and at the same cut down on their carbon footprint by tapping power supply from renewable energy (RE) sources and adopting energy effic...

2 months ago - BusinessMirror

First Gen targeting to build more gas plants to address country’s ‘energy trilemma’

First Gen Corp. is targeting to build more gas plants in its bid to address the country’s “energy trilemma.”

2 months ago - BusinessMirror

First Gen awards LNG supply deal to Shell

Lopez-led First Gen Corp. has awarded another contract for the supply of one liquefied natural gas (LNG) cargo that will be used by its gas plants in the First Gen Clean Energy Complex in Batangas.

3 months ago - BusinessMirror

FGEN seeks bids for LNG supply

First Gen Corp. (FGEN) has issued a spot tender for one cargo of liquefied natural gas (LNG) which will be used by its gas plants in the First Gen Clean Energy Complex (FGCEC) in Batangas.

4 months ago - BusinessMirror

Arthaland, First Gen ink RE supply deal

Listed property developer Arthaland Corp. has forged another power supply deal with First Gen Corp. for the supply of renewable energy (RE) to its Savya Financial Center project in Taguig City.

4 months ago - BusinessMirror

Holcim, First Gen ink power supply deal

Holcim Philippines Inc. has tapped First Gen Corp. (First Gen) for the supply of electricity from a geothermal energy source to run the cement maker’s plants in Mindanao.

4 months ago - BusinessMirror

FGEN sees gas, RE portfolio help attain consumer goals

FIRST Gen Corp. (PSE: FGEN) announced last Tuesday its gas and renewables portfolio would help large-scale power consumers achieve their sustainability and decarbonization goals.

4 months ago - BusinessMirror

Geothermal unit pulls down profit of First Gen in H1

First Gen Corp. (First Gen) reported a 10-percent decline in net income for the first half of the year at $150 million from last year’s $167 million due to lower earnings from its geothermal unit.

4 months ago - BusinessMirror