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Petron Corp. reported a consolidated income of P3 billion last year, 41 percent lower than the P5.1 billion recorded in 2013 amid the collapse of crude and finished product prices in the second half of 2014, the company said yesterday.

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                    [Title] => Petron profit slides 26% to P3.2 B on lower crude prices
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Petron Corp., the country’s biggest oil refiner, reported a consolidated net income of P3.2 billion in the first nine months of the year, down 26 percent from the previous year’s P4.4 billion due to the sustained fall in crude prices even as consolidated revenues remained strong.

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                    [Title] => Petron Q1 profit drops to P2.2B
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Petron Corp., the country’s largest oil refiner, reported yesterday a lower consolidated net income of P2.2 billion in the first quarter of the year, from P2.5 billion a year ago.

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REFINERY MASTER PLAN PHASE

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                    [Title] => Petron profits slide on crude price collapse
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Petron Corp., the country’s biggest oil refiner, reported a consolidated net income of P3.2 billion in the first nine months of the year, down 26 percent from the previous year’s P4.4 billion due to the sustained fall in crude prices even as consolidated revenues remained strong.

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                    [Title] => Petron Q1 profit drops to P2.2B
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Petron Corp., the country’s largest oil refiner, reported yesterday a lower consolidated net income of P2.2 billion in the first quarter of the year, from P2.5 billion a year ago.

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abtest

Petron profits slide on crude price collapse

By Iris Gonzales | March 18, 2015 - 12:00am

Petron Corp. reported a consolidated income of P3 billion last year, 41 percent lower than the P5.1 billion recorded in 2013 amid the collapse of crude and finished product prices in the second half of 2014, the...

Business

Petron profit slides 26% to P3.2 B on lower crude prices

By Iris Gonzales | November 10, 2014 - 12:00am

Petron Corp., the country’s biggest oil refiner, reported a consolidated net income of P3.2 billion in the first nine months of the year, down 26 percent from the previous year’s P4.4 billion due to the...

Business

Petron pre-commissioning $2-B refinery expansion

By Iris Gonzales | May 21, 2014 - 12:00am

Petron Corp., the country’s biggest oil refiner, said its $2-billion refinery expansion is now in the finishing stages and pre-commissioning activities are already ongoing.

Business

Petron Q1 profit drops to P2.2B

By Iris Gonzales | May 7, 2013 - 12:00am

Petron Corp., the country’s largest oil refiner, reported yesterday a lower consolidated net income of P2.2 billion in the first quarter of the year, from P2.5 billion a year ago.

Business

Petron to issue peso bonds to fund expansion

By Donnabelle L. Gatdula | October 22, 2010 - 12:00am

Petron Corp., the country’s largest oil refiner, will issue peso-denominated bonds to raise funds for its expansion projects, the company disclosed to the Philippine Stock Exchange yesterday.

Business