FEC Resources Inc.

FEC Resources Inc.

FECOF
FEC Resources Inc.US flagOther OTC
0.00
USD
- -
- -
774,974.00Market Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
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- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.04
-0.04
-0.04
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
0.01
Basic Weighted Avg Shares
439
439
439
411
409
409
409
598
861
861
861
- -
- -
861
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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- -
Operating Margin (%)
- -
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- -
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Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
2
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- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
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- -
- -
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- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
1
- -
- -
- -
- -
1
- -
- -
-1
-1
- -
-1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
1
- -
2
2
2
2
2
2
2
8
6
6
Return on Invested Capital (%)
- -
- -
-84.62
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-13.12
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- -
- -
- -
- -
- -
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- -
Return on Capital (%)
- -
- -
-1.77
- -
-95.33
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- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
861
861
861
Market Capitalization
1
1
2

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
94.49%
56.77%
-19.01%
Free Cash Flow
4.37%
2.06%
58.72%
Net Income, GAAP
-107.49%
9.44%
15.69%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
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- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
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2024
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- -
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2025
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Company Description

APIChat
CEO
Daniel Stephen Carlos
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
550 Burrard Street Vancouver BC Canada V6C 2B5
IPO Date
Nov 4, 1999
Business
FEC Resources Inc. is a Canada-based investment holding company focused on the exploration and development of oil and gas properties, primarily in the Philippines. Founded in 1982 and headquartered in Vancouver, British Columbia, the company holds a 6.80% equity stake in UK-based Forum Energy Limited (Forum), which owns a 70% interest in Service Contract 72 (SC 72) offshore northwest of Palawan, encompassing the 10,360 square kilometer GSEC101 license area with the Sampaguita gas discovery estimated at 3.4 trillion cubic feet of gas in place and potential upside to 20 trillion cubic feet; FEC operates as a subsidiary of PXP Energy Corporation, which controls 54.99% of its shares. Its core investment activities target upstream oil and natural gas opportunities through Forum's Philippine-focused assets, with historical involvement in mineral-related ventures including coal and gold exploration. In July 2025, FEC completed a significant debt restructuring by issuing 131,563,725 common shares at $0.0088 per share to PXP Energy Corporation, settling $1,011,155.88 in principal plus $146,604.90 in accrued interest for a total of $1,157,760.78; earlier extensions on PXP loans in 2024 and 2025, along with pro-rata advances totaling approximately $627,020 to Forum for pre-drilling costs and a $3 million financing round in 2023, reflect ongoing efforts to preserve liquidity and support SC 72 exploration amid regulatory filings like the May 2025 British Columbia Securities Commission cease trade order, now resolved with recent financial reporting.

Company News

APIChat
  • FEC Resources Settles PXP Loan by Issuing Shares

  • FEC Resources Receives Cease Trade Order from BCSC

  • FEC Receives Further Extension for Loan Repayment

  • FEC Receives Extension for Loan Repayment

  • FEC Resources Brings Attention to Share Exchange Between PXP and Tidemark for Forum Shares

  • FEC Resources Receives Extension on Loan Repayment and Converts Loans to Forum Energy Limited to Maintain 6.8 Percent Interest

  • FEC Resources to Participate in Financing of Forum Energy Limited