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Phoenix Petroleum Philippines, Inc.
|Phoenix Petroleum Philippines, Inc. (PNX) was originally incorporated on May 8, 2002. The Company is presently engaged in the trading of refined petroleum products on wholesale and retail basis and operating of gas stations, oil depots, storage facilities and allied services. The Company's products are distributed and marketed under the brand name, "PHOENIX Fuels Life".
The operation of the Company is divided between trading, and terminalling and hauling services. Under its trading operations, the Company offers its refined petroleum products and lubricants to retail and industrial customers. Terminalling involves the storage of petroleum products, mainly refined gasoline, diesel and other petrochemical products, while hauling involves the transport and provision of fuel to industrial customers.
PNX also distributes lubricants and chemicals. The Company produces its own blend of lubricants variety and sells these under the motorcycle oil brand name, "Cyclomax"; diesel engine oil brand name, "Zoelo"; and gasoline engine oil brand name, "Accelerate".
As of December 31, 2015, PNX has 454 operating retail stations nationwide: 193 in Luzon, 56 in Visayas, and 205 in Mindanao. The Company also has a total of 51 service stations under construction as of year-end 2015.
PNX holds ownership interests in PFL Petroleum Management, Inc.; Phoenix Global Mercantile, Inc.; Phoenix Petroterminals & Industrial Park Corp.; Subic Petroleum Trading and Transport Phils., Inc., and Chelsea Shipping Corp.
Source: SEC Form 17-A (2015)
|Subsector||Electricity, Energy, Power & Water|
|Incorporation Date||May 08, 2002|
|Number of Directors||7|
|Stockholders' Meeting as per By-Laws||June - last Thursday|
|Fiscal Year||12/31 (Month/Day)|
|External Auditor||Punongbayan & Araullo|
|Transfer Agent||Banco de Oro Unibank, Inc. - Trust Banking Group|
|Business Address||Stella Hizon Reyes Road, Bo. Pampanga, Davao City, Philippines|
|Telephone Number||(082)235 8888|
|Fax Number||(082) 233-0168|