Petron Corporation

Petron MegaPlaza, 358 Sen. Gil Puyat Ave.
Makati, Metro Manila 1200, Philippines
Phone: +63-2-886-3888
Fax: +63-2-886-3064
http://www.petron.com

Overview

Petron Corporation's patrons are Filipinos. The company is the Philippines' largest oil refining and marketing company. Its refinery has a capacity of 180,000 barrels per day and produces almost 40% of the country's oil requirements. Petron distributes its products (including lubes, grease, asphalt, and specialty products) through a network of bulk plants and more than 1,200 service stations. The company was a wholly owned subsidiary of the state-owned Philippine National Oil Company until 1994. The Philippine government and Saudi Aramco each owned 40% of the company until both groups sold their stakes to private investment firm Ashmore Group in 2008. In 2009 San Miguel acquired control of Petron.

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Key Numbers from Hoover's UK

Key financials for Petron Corporation

Company Type Public (Philippine: PCOR)
Fiscal Year-End December
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Key People from Hoover's UK

Key people and executives for Petron Corporation

Chairman and CEO Ramon S. Ang
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President and Director Eric O. Recto
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CFO and Head of Finance and Corporate Planning Emmanuel E. Eraña
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Significant Developments

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