New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱46m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱46m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (₱50m revenue, or US$815k). Reported Earnings • May 05
First quarter 2026 earnings released: ₱0.006 loss per share (vs ₱0.004 loss in 1Q 2025) First quarter 2026 results: ₱0.006 loss per share (further deteriorated from ₱0.004 loss in 1Q 2025). Net loss: ₱15.6m (loss widened 66% from 1Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Mar 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱46m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (₱50m revenue, or US$831k). Reported Earnings • Mar 03
Full year 2025 earnings released: ₱0.034 loss per share (vs ₱0.016 loss in FY 2024) Full year 2025 results: ₱0.034 loss per share (further deteriorated from ₱0.016 loss in FY 2024). Net loss: ₱77.5m (loss widened 151% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. 공시 • Mar 02
PXP Energy Corporation, Annual General Meeting, Jun 17, 2026 PXP Energy Corporation, Annual General Meeting, Jun 17, 2026, at 14:30 W. Australia Standard Time. Reported Earnings • Oct 31
Third quarter 2025 earnings released: ₱0.006 loss per share (vs ₱0.004 loss in 3Q 2024) Third quarter 2025 results: ₱0.006 loss per share (further deteriorated from ₱0.004 loss in 3Q 2024). Net loss: ₱15.2m (loss widened 101% from 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Oct 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱71m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (₱57m revenue, or US$988k). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). New Risk • Aug 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱42m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱42m free cash flow). Revenue is less than US$1m (₱57m revenue, or US$984k). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (₱5.55b market cap, or US$95.3m). Reported Earnings • Aug 01
Second quarter 2025 earnings released: ₱0.006 loss per share (vs ₱0.003 loss in 2Q 2024) Second quarter 2025 results: ₱0.006 loss per share (further deteriorated from ₱0.003 loss in 2Q 2024). Net loss: ₱13.4m (loss widened 104% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. New Risk • May 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱42m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱42m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (₱61m revenue, or US$1.1m). Market cap is less than US$100m (₱5.26b market cap, or US$94.5m). Reported Earnings • Apr 25
First quarter 2025 earnings released: ₱0.004 loss per share (vs ₱0.001 loss in 1Q 2024) First quarter 2025 results: ₱0.004 loss per share (further deteriorated from ₱0.001 loss in 1Q 2024). Net loss: ₱9.39m (loss widened 259% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Apr 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (₱67m revenue, or US$1.2m). Market cap is less than US$100m (₱5.16b market cap, or US$90.6m). New Risk • Mar 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (₱67m revenue, or US$1.2m). Market cap is less than US$100m (₱5.68b market cap, or US$99.5m). Reported Earnings • Mar 04
Full year 2024 earnings released: ₱0.016 loss per share (vs ₱0.05 loss in FY 2023) Full year 2024 results: ₱0.016 loss per share (improved from ₱0.05 loss in FY 2023). Net loss: ₱30.9m (loss narrowed 68% from FY 2023). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. 공시 • Feb 27
PXP Energy Corporation, Annual General Meeting, Jun 20, 2025 PXP Energy Corporation, Annual General Meeting, Jun 20, 2025, at 14:30 W. Australia Standard Time. 공시 • Feb 24
PXP Energy Corporation Announces Resignation of Diana V. Pardo-Aguilar from Board of Directors PXP Energy Corporation announced the resignation of Commissioner Diana V. Pardo-Aguilar from the Company's Board of Directors dated January 30, 2025 which was received by PXP's office of the corporate secretary on February 20, 2025. Reason for Resignation: Change in SSS nominee. New Risk • Nov 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱88m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₱88m free cash flow). Minor Risks Revenue is less than US$5m (₱65m revenue, or US$1.1m). Market cap is less than US$100m (₱5.68b market cap, or US$96.4m). New Risk • Nov 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.78b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Revenue is less than US$5m (₱65m revenue, or US$1.1m). Market cap is less than US$100m (₱5.78b market cap, or US$98.0m). Reported Earnings • Nov 02
Third quarter 2024 earnings released: ₱0.004 loss per share (vs ₱0.005 loss in 3Q 2023) Third quarter 2024 results: ₱0.004 loss per share (improved from ₱0.005 loss in 3Q 2023). Net loss: ₱7.54m (loss narrowed 26% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 26
Second quarter 2024 earnings released: ₱0.003 loss per share (vs ₱0.003 loss in 2Q 2023) Second quarter 2024 results: ₱0.003 loss per share (in line with 2Q 2023). Net loss: ₱6.55m (flat on 2Q 2023). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. 공시 • Jul 09
PXP Energy Corporation Approves Directorate Elections PXP Energy Corporation at its AGM held on July 8, 2024, approved the election of Ray C. Espinosa, Eric Ramon O. Recto and Rodolfo MA. A. Ponferrada as directors. New Risk • Jun 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.82b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Revenue is less than US$5m (₱72m revenue, or US$1.2m). Market cap is less than US$100m (₱5.82b market cap, or US$99.4m). Reported Earnings • Apr 24
First quarter 2024 earnings released: ₱0.001 loss per share (vs ₱0.003 loss in 1Q 2023) First quarter 2024 results: ₱0.001 loss per share (improved from ₱0.003 loss in 1Q 2023). Net loss: ₱2.61m (loss narrowed 57% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 02
Full year 2023 earnings released: ₱0.05 loss per share (vs ₱0.018 loss in FY 2022) Full year 2023 results: ₱0.05 loss per share (further deteriorated from ₱0.018 loss in FY 2022). Net loss: ₱97.4m (loss widened 170% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. 공시 • Mar 01
PXP Energy Corporation, Annual General Meeting, Jun 26, 2024 PXP Energy Corporation, Annual General Meeting, Jun 26, 2024, at 14:30 Singapore Standard Time. New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Revenue is less than US$5m (₱88m revenue, or US$1.6m). Reported Earnings • Oct 27
Third quarter 2023 earnings released: ₱0.005 loss per share (vs ₱0.01 loss in 3Q 2022) Third quarter 2023 results: ₱0.005 loss per share (improved from ₱0.01 loss in 3Q 2022). Net loss: ₱10.2m (loss narrowed 46% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 27
Second quarter 2023 earnings released: ₱0.003 loss per share (vs ₱0.002 loss in 2Q 2022) Second quarter 2023 results: ₱0.003 loss per share (further deteriorated from ₱0.002 loss in 2Q 2022). Net loss: ₱6.59m (loss widened 79% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 28
First quarter 2023 earnings released: ₱0.003 loss per share (vs ₱0.001 loss in 1Q 2022) First quarter 2023 results: ₱0.003 loss per share (further deteriorated from ₱0.001 loss in 1Q 2022). Net loss: ₱6.08m (loss widened 123% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. 공시 • Dec 06
PXP Energy Corporation (PSE:PXP) acquired remaining 46.57% interest in Pitkin Petroleum Limited for $3.5 million. PXP Energy Corporation (PSE:PXP) acquired remaining 46.57% interest in Pitkin Petroleum Limited for $3.5 million on December 5, 2022.
PXP Energy Corporation (PSE:PXP) completed the acquisition of remaining 46.57% interest in Pitkin Petroleum Limited for $3.5 million on December 5,2022. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Benjamin Austria was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Benjamin Austria was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Feb 26
PXP Energy Corporation, Annual General Meeting, Jun 22, 2022 PXP Energy Corporation, Annual General Meeting, Jun 22, 2022, at 02:30 Singapore Standard Time. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ₱0.88 loss per share (down from ₱0.029 loss in FY 2020). Net loss: ₱1.71b (loss widened ₱1.66b from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 11
New 90-day low: ₱8.62 The company is down 34% from its price of ₱13.10 on 11 December 2020. The Filipino market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 6.0% over the same period. 공시 • Feb 26
PXP Energy Corporation, Annual General Meeting, May 18, 2021 PXP Energy Corporation, Annual General Meeting, May 18, 2021, at 14:30 Singapore Standard Time. Is New 90 Day High Low • Feb 10
New 90-day low: ₱9.01 The company is down 26% from its price of ₱12.16 on 11 November 2020. The Filipino market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 21
New 90-day low: ₱10.72 The company is down 4.0% from its price of ₱11.16 on 23 October 2020. The Filipino market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 28
New 90-day high: ₱12.98 The company is up 144% from its price of ₱5.32 on 28 August 2020. The Filipino market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 30% over the same period. 공시 • Oct 29
PXP Energy Corp Confirms Interest in Malampaya Project Manuel V. Pangilinan has confirmed his interest in acquiring the Shell Philippines Exploration B.V. (SPEX)’s stake in the Malampaya project, through PXP Energy Corporation (PSE:PXP) . “We’re looking at it,” Pangilinan, who is the Chairman of PXP, said in a virtual briefing with reporters. “We’ve been talking to JP Morgan who’s advising Shell on the sale of their share in Malampaya,” he said. In September, 2020, SPEX announced that it is exploring options to divest its interest in the Malampaya deep-water gas-to-power project as part of its portfolio rationalization efforts. “The plan, assuming that we’re allowed by whoever owns Malampaya eventually, is to pipe the gas from SC 72 to the Malampaya facility so that they can process the gas. After processing, pipe the gas to Batangas, where as of now, all of the gas plants are located,” Pangilinan said. Moreover, Pangilinan also affirmed interest in the liquefied natural gas (LNG) business, emphasizing that this is something the group should look at. “Particularly if we’re successful in SC 72, and if we’re fortunate to buy the Shell stake in Malampaya, then we’re in the gas business,” Pangilinan said. “I think the group should take a look at that business,” he added, emphasizing that nothing is definite at the moment. Apart from PXP, San Miguel Corp. President Ramon Ang also expressed interest in acquiring SPEX’s Malampaya stake. Is New 90 Day High Low • Oct 06
New 90-day low: ₱5.11 The company is down 20% from its price of ₱6.40 on 08 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 14% over the same period. 