Phoenix Petroleum Philippines Inc (PNX)

P-H-O-E-N-I-X Petroleum Philippines, Inc. engages in marketing and distribution of petroleum products to retail, commercial, and industrial customers under the Phoenix Fuels Life brand in the Philippines, Singapore, Vietnam, and Indonesia. It operates through Trading, Depot and Logistics Services, and Real Estate segments. The Trading segment engages in acquiring, purchasing, selling, dealing, marketing, merchandising, disposing, and distributing goods and wares, such as petroleum products, adhesives, glues, bonding agents, epoxy resins, lubricants, and other products. The Depot and Logistics Services segment operates oil depots and storage facilities, as well as provides logistics services. The Real Estate segment develops, manages, and operates real estate properties. The company also offers fuel to a range of commercial and industrial businesses in the power, manufacturing, mining, fishing, road and marine transportation, aviation, and other industries; markets and distributes LPG and related products; manufactures, markets, and imports bitumen and bitumen-related products; and manufactures coco-methyl ester. In addition, it owns, operates, and franchises convenience stores under the FamilyMart brand; and Posible, a digital payments platform that offers various financial services and digital transactions, including payments and remittances, as well as sells vouchers through its Limitless app. Further, the company provides terminalling and hauling services, such as leasing of storage space in its terminal depot, hauling, and into-plane services in airports. It operated 595 retail service stations. The company was formerly known as Davao Oil Terminal Services Corp. and changed its name to P-H-O-E-N-I-X Petroleum Philippines, Inc. in August 2006. P-H-O-E-N-I-X Petroleum Philippines, Inc. was incorporated in 2002 and is headquartered in Davao City, the Philippines.