Saturday, February 10, 2018

Phinma Petroleum and Geothermal, Inc. (PPG)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Phinma Petroleum and Geothermal, Inc. (PPG)
Sector
Mining and Oil
Incorporation Date
28-Sep-1994
Subsector
Oil
Number of employees
 (Group Total)
Board of Directors
Chairman: Ramon R. del Rosario, Jr.
Website / E-mail
http://www.transasia-petroleum.com / grkatigbak@phinma.com.ph
2. Stock Information
Total Assets
163,362,602
Market Capitalization
562,500,000.00
Total Liabilities
685,735
Outstanding Shares
250,000,000
Retained Earnings
-89,722,683
Listed Shares
250,000,000
Listing Date
Aug 28, 2014
Issued Shares
250,000,000
Board Lot
1,000
Free Float Level (%)
21.91%
Par Value
1.00
Foreign Ownership Limit
3. Major Stock Holders (common shares)
PHINMA Energy Corporation
Phil. Investment Management (PHINMA), Inc.
PHINMA Corporation
50.74%
12.39%
12.99%
4. Company Descriptions and Business Development
Notes
1. Related companies: PHEN, PHN
Overview
It is engaged in oil and gas exploration, development, and production. It has participating interests in SC 51(6.67%), SC69 (50%), SC6A (7.78%), SC6B (2.475%), SC50 (10%), and SC55 (6.82%) under various pre-development stages.
Business
No revenue generating commercial activities yet.

Subsidiaries / Associates / Affiliates / Joint Ventures
Palawan55 Exploration & Production Corporation (69.35%)

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