C O V E R S H E E T
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P E T R O N C O R P O R A T I O N
(Company's Full Name)
S M C | H E A D | O F F I C E | 4 0 | S A N | M I G U E L | |||||||||||
A V E | M A N D A L U Y O N G | C I T Y | ||||||||||||||
(Business Address: No. Street City / Tow n / Province) | ||||||||||||||||
ATTY. JHOANNA JASMINE M. JAVIER-ELACIO | 8-884-9200 | |||||||||||||||
Contact Person | Company Telephone Number | |||||||||||||||
1 2 | 3 | 1 | SEC Form 17-Q 3rd Quarter 2024 | 0 5 | 2 | 1 | ||||||||||
Month | Day | FORM TYPE | Month | Day | ||||||||||||
Fiscal Year | Annual Meeting | |||||||||||||||
(For 2024) | ||||||||||||||||
Permit to offer securities | ||||||||||||||||
Secondary License Type, if Applicable | ||||||||||||||||
N/A | ||||||||||||||||
Dept. Requiring this Doc. | Amended Articles Number/Section |
Total Amount of Debt Outstanding: P247,776 M illio n (as of September 30, 2024- CONSO)
143,811 (as of September 30, 2024)
Total No. of Stockholders | Domestic | Foreign |
To be accomplished by SEC Personnel concerned
Fiscal Number | LCU |
Document I.D. | Cashier |
S T A M P S
Remarks = pls. use black ink for scanning purposes
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SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-Q
QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17 (2)(b) THEREUNDER
1. For the quarterly period ended September 30, 2024.
2. SEC Identification Number 311713. BIR Tax Identification No. 000-168-801
4. Exact name of registrant as specified in its charter PETRON CORPORATION
5. | Philippines | 6. | (SEC Use Only) | |
Province, Country or other | Industry Classification Code: | |||
jurisdiction of incorporation or | ||||
organization |
7. Mandaluyong City, 40 San Miguel Avenue, 1550
Address of principal office | Postal Code |
- (632) 8-884-9200
Registrant's telephone number, including area code - N/A
(Former name, former address, and former fiscal year, if changed since last report.) - Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Number of Shares of Common and | ||
Title of Each Class | Preferred Stock Outstanding and | |
Amount of Debt Outstanding | ||
(As of September 30, 2024) | ||
Common Stock | 9,375,104,497 | Shares |
Preferred Stock Series 3A | 13,403,000 | Shares |
Preferred Stock Series 3B | 6,597,000 | Shares |
Preferred Stock Series 4A | 5,000,000 | Shares |
Preferred Stock Series 4B | 2,995,000 | Shares |
Preferred Stock Series 4C | 6,005,000 | Shares |
Preferred Stock Series 4D | 8,500,000 | Shares |
Preferred Stock Series 4E | 8,330,000 | Shares |
Series D Bonds Due 2025 | P6,800 | Million |
Series E Bonds Due 2025 | P9,000 | Million |
Series F Bonds Due 2027 | P9,000 | Million |
Total Debt | P247,776 | Million |
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11. Are any or all of these securities listed on the Philippine Stock Exchange.
Yes [ ] | No [ ] |
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange | Common and Preferred Shares |
Philippine Dealing & Exchange Corp. | Series D, E, and F Bonds |
12. Indicate by check mark whether the Registrant:
- has filed all reports required to be filed by Section 17 of the Code and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11 (a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding 12 months (or for such shorter period the registrant was required to file such reports).
Yes [ ] | No [ ] |
(b) has been subject to such filing requirements for the past 90 days.
Yes [ ] | No [ ] |
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Page No.
PART I - FINANCIAL INFORMATION
Item 1 | Petron Corporation & Subsidiaries | |
Financial Statements | ||
Consolidated Interim Statements of | 6-7 | |
Financial Position | ||
Consolidated Interim Statements of Income | 8 | |
Consolidated Interim Statements of | 9 | |
Comprehensive Income | ||
Consolidated Interim Statements of | 10-11 | |
Changes in Equity | ||
Consolidated Interim Statements of | 12-13 | |
Cash Flows | ||
Selected Notes to the Consolidated Interim | 14-53 | |
Financial Statements | ||
Details of Accounts Receivables | 54 | |
Item 2 | Management's Discussion and Analysis of | |
Financial Position and Financial | 55-66 | |
Performance | ||
PART II - OTHER INFORMATION | ||
Other Information | 67 | |
Financial Soundness Indicators | 68 | |
Proceeds from Issuance of Series E and | 69 | |
Series F Fixed Rate Bonds | ||
Proceeds from Issuance of Series 4D and | 70 | |
Series 4E Preferred Shares | ||
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