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Philex Petroleum Corp., the upstream oil and gas subsidiary of Philex Mining Corp., registered a bigger net loss in the first half of 2015 on the back of lower petroleum output and crude prices.

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                    [Title] => Philex unit shuts down coal mine in Zamboanga
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After suspending its coal operations in Zamboanga in January, the group of businessman Manuel V. Pangilinan has decided to just shut down the mine.

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                    [Title] => Philex Mining slumps to P295-M loss in 2012
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Philex Mining Corp. reported a net loss of P295 million last year because of the continued closure of its Padcal copper-gold mine in Benguet and the losses incurred by subsidiary Philex Petroleum when it wrote off its 2012 oil and gas investments.

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                    [Title] => Philex Petroleum posts losses in H1
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Listed Philex Petroleum Corp. reported on Wednesday a net loss of P80.49 million in the first half of 2012, compared to a net income of P523 million in the same period last year. 
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Publicly-listed Philex Mining Corp. has tapped its wholly-owned subsidiary Philex Petroleum Corp. to handle all the group’s energy assets.
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BRIXTON ENERGY

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Philex Mining Corp. reported a net loss of P295 million last year because of the continued closure of its Padcal copper-gold mine in Benguet and the losses incurred by subsidiary Philex Petroleum when it wrote off its 2012 oil and gas investments.

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                    [Title] => Philex Petroleum posts losses in H1
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Listed Philex Petroleum Corp. reported on Wednesday a net loss of P80.49 million in the first half of 2012, compared to a net income of P523 million in the same period last year. 
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Philex Mining Corp. said its core net income grew  46 percent in the first nine months of the year to P2.31 billion from  P1.58 billion in the same period last year on the back of higher metal  prices and increased revenue from petroleum.
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Publicly-listed Philex Mining Corp. has tapped its wholly-owned subsidiary Philex Petroleum Corp. to handle all the group’s energy assets.
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abtest

Philex Petroleum widens net loss in H1

July 27, 2015 - 10:00am

Philex Petroleum Corp., the upstream oil and gas subsidiary of Philex Mining Corp., registered a bigger net loss in the first...

Business

Philex unit shuts down coal mine in Zamboanga

By Iris Gonzales | September 3, 2013 - 12:00am

After suspending its coal operations in Zamboanga in January, the group of businessman Manuel V. Pangilinan has decided to just shut down the mine.

Business

Philex Mining slumps to P295-M loss in 2012

March 1, 2013 - 12:00am

Philex Mining Corp. reported a net loss of P295 million last year because of the continued closure of its Padcal copper-gold mine in Benguet and the losses incurred by subsidiary Philex Petroleum when it wrote off...

Business

Philex Petroleum posts losses in H1

By Jovan Cerda | July 25, 2012 - 11:42am

Listed Philex Petroleum Corp. reported on Wednesday a net loss of P80.49 million in the first half of 2012, compared to a net income of P523 million in the same period last year. 

Philex Petroleum incurs P46-million loss in 1st qtr

By Neil Jerome C. Morales | May 16, 2012 - 12:00am

Philex Petroleum Corp., the oil exploration unit of top gold producer Philex Mining Corp., plunged in the red in the first quarter due to lower petroleum output.

Business

Philex Petroleum shares soar

By Zinnia B. Dela Peña | September 13, 2011 - 12:00am

Shares of Philex Petroleum Corp., a wholly-owned unit of copper-gold producer Philex Mining Corp., rose more than seven-fold in their trading debut yesterday, closing at P8.60 each.

Business

Philex unit to trade stocks on PSE

By Zinnia B. Dela Peña | August 30, 2011 - 12:00am

Philex Petroleum Corp. (PPC), a wholly-owned unit of copper-gold producer Philex Mining Corp., will have its shares traded on the Philippine Stock Exchange beginning on Sept. 12, according to a top official.

Business

SEC okays Philex Mining property, cash dividends

By Zinnia B. Dela Peña | July 22, 2011 - 12:00am

Philex Mining Corp. has obtained the Securities and Exchange Commission’s (SEC) approval to declare property and cash dividends.

Business

Philex core income up 46% to P2.31 billion in 9 months

By Zinnia B. Dela Peña | October 28, 2010 - 12:00am

Philex Mining Corp. said its core net income grew 46 percent in the first nine months of the year to P2.31 billion from P1.58 billion in the same period last year on the back of higher metal prices and increased...

Business

Philex Petroleum to handle energy assets of Philex Mining Corp

By Donnabelle L. Gatdula | September 28, 2010 - 12:00am

Publicly-listed Philex Mining Corp. has tapped its wholly-owned subsidiary Philex Petroleum Corp. to handle all the group’s energy assets.

Business