For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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PetroEnergy Resources Corporation (PERC)
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Sector
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Industrial
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Incorporation Date
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Sep 29, 1994
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Subsector
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Electricity, Energy, Power & Water
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Number of employees
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138 (Group Total)
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Board of Directors
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Chairman: Helen Y. Dee
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Website / E-mail
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http://www.petroenergy.com.ph / petro_energy@petroenergy.com.ph
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2.
Stock Information
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Total Assets
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US$ 236,740,118
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Market Capitalization
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2,431,559,073.60
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Total Liabilities
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US$ 140,434,816
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Outstanding Shares
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410,736,330
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Retained Earnings
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US$ 27,999,917
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Listed Shares
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410,736,330
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Listing Date
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Aug 11, 2004
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Issued Shares
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410,736,330
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Board Lot
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100
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Free Float Level (%)
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42.40%
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Par Value
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1.00
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Foreign Ownership Limit
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40%
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3.
Major Stock Holders (common shares)
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GPL Holdings, Inc.-c/o RCBC Securities, Inc.
House of Investments, Inc.
RCBC Trust and Investment Division
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19.58%
22.41%
14.62%
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4.
Company Descriptions and Business Development
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Notes
1. Related companies: HI, PERC and EEI, IPO, NRCP, SPM
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Overview
PERC's four main energy businesses are petroleum, wind,
geothermal and solar. The principal properties of PERC consist of
various oil areas located in the Philippines and in Gabon, West
Africa. The Philippine contracts are in the exploration stage and
some contracts are being farmed out to reduce risk inherent to the business.
Business
Revenue
contribution in 2016 (US$)
Oil
Explorations
Gabon field produced 6.15 million barrels of oil from
four oil fields. PERC’s stakes are
Gabon (2.52%), SC14C2 (4.13%), SC61 (16.66%), SC51 (20.05%) and SC75 (15%)
Renewable
Energy
20 MW MGI plant is operational and 12 MW phase-2 plant
is under construction.
36 MW Navas wind power is operational and 50 MW Tarlac
solar is operational.
Others
include gains on derivatives, interest, share of JV (Nabas wind) and etc.
Subsidiaries /
Associates / Affiliates / Joint Ventures
PetroGreen Energy Corporation
(PetroGreen, 90%)
owns 40% of Nabas Wind plant, 65% Maribarara and 56% of Maibarara Geothermal,
Inc. (MGI, 65% by PetroGreen).
PetroWind Energy, Inc.(40% by
PetroGreen)
PetroSolar Corporation (56% by
PetroGreen)
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