Petron Company Description
Petron Corporation operates as an oil refining and marketing company in the Philippines.
The company engages in importing, transporting, trading, marketing, distributing, and retailing petroleum and related products; and refining, distilling, and manufacturing various petroleum products, including oil, gas, and other vehicle substances.
It sells liquefied petroleum gas (LPG), naphtha, gasoline, diesel, jet fuel, kerosene, and asphalts; petrochemicals, such as benzene, toluene, mixed xylene, propylene, and polypropylene; low sulfur waxy residues; and lubricants and greases.
The company also operates service stations, including forecourts, quick-service restaurants, locators, as well as convenience stores under the Treats brand name.
In addition, it offers insurance and reinsurance services; and leases of acquired real estate properties and equipment for petroleum, refining, storage and distribution facilities, gasoline service stations, and other related structures.
The company sells its products through service stations; LPG dealerships; and lube outlets. It serves households; mini-stations and power plants; manufacturing, plantation, transportation, fisheries, commercial, and construction sectors; other industrial customers; and airline customers.
It also exports its products. The company was formerly known as Petrophil Corporation and changed its name to Petron Corporation in February 1988.
Petron Corporation was founded in 1933 and is headquartered in Mandaluyong City, the Philippines. Petron Corporation is a subsidiary of SEA Refinery Corporation.
Country | Philippines |
Founded | 1933 |
Industry | Oil & Gas |
Sector | Energy |
Employees | 3,572 |
CEO | Ramon Ang |
Contact Details
Address: San Miguel Head Office Complex Mandaluyong City, 1550 Philippines | |
Phone | 63 2 8884 9200 |
Website | petron.com |
Stock Details
Ticker Symbol | PCOR |
Exchange | Philippine Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | PHP |
ISIN Number | PHY6885F1067 |
SIC Code | 5500 |
Key Executives
Name | Position |
---|---|
Ramon Ang | Chief Executive Officer |
Emmanuel Erana | Chief Financial Officer |
Jonathan F. Rosario | Chief Operating Officer |