Phoenix Petroleum Philippines, Inc. posted its best first half yet as it grew income, revenue, and market share in the first six months of 2018. Net income after tax surged by 59%...
Short-term commercial papers (STCP) amounting to P1.21 billion were reissued by giant oil firm, Phoenix Petroleum (PNX), to finance day-to-day operations and back the company’s prevailing debts. The STCPs, which were issued...
Phoenix Petroleum Philippines Inc. is acquiring LPG seller Petronas Energy Philippines Inc. (PEPI), a subsidiary of Malaysian firm Petronas Dagangan Berhad (PDB), with a planned 100% shares as part of its aggressive...
Phoenix Petroleum Philippines Inc. has sold its stake in shipping and industrial business to lower its debt expenses. In a disclosure to the Philippine Stock Exchange, the company said it divested its...
Phoenix Petroleum Philippines Inc. has raised its buyback program to P700 million at most to improve its share value in the local stock market. “The increase by the board of directors reinforces...
Phoenix Petroleum Philippines Inc. (PNX) has signed a non-binding memorandum of understanding (MOU) with global oil trading company Noble Clean Fuels Limited (NCFL) for a possible partnership in seeking offshore supply of...
Independent oil company Phoenix Petroleum Philippines, Inc. (PNX.PS) saw a 19 percent increase on its net income to P903.8 million during the third quarter this year from P758.4 million in the same...
Phoenix Petroleum Philippines, Inc. (PNX) recently announced they will put on sale their shipping and industrial park businesses after receiving approval from its Board of Directors (BOD). Wholly-owned subsidiaries Chelsea Shipping Corp....
Publicly-listed Phoenix Petroleum Philippines, Inc. (PNX.PS) said yesterday that its net income grew by 33 percent in the first half of the year from the same period last year, on the back...
Phoenix Petroleum Philippines Inc. is keeping up with its buyback program of P250 million worth of common shares to increase the company’s stock price. The company’s board approved on May 11 a...
