Manila Electric Co.
14.80
USD
-1.85
(-11.11%)
ISIN
US5632457033
CUSIP
563245703
Return %
Stock
S&P 500
1Y
-15.67
14.20
3Y
23.33
81.12
5Y
30.28
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Manuel Velez Pangilinan
- Full Time Employees
- 6,175
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Lopez Building, Meralco Center, Ortigas Avenue Pasig MM Philippines 1605
- IPO Date
- Jan 8, 1992
- Website
- meralco.com.ph
- Similar Companies
- Business
- Manila Electric Co. (MERALCO) engages primarily in the generation, distribution, and retail supply of electricity in the Philippines, operating through Power and Other Services segments to serve a broad customer base across Metro Manila and adjoining provinces. Founded in 1903 and headquartered in Pasig City, MERALCO functions as a vertically integrated electric utility with extensive investments in generation capacity, grid infrastructure, and customer-facing energy services. Main products and services - Electricity distribution: maintains and operates the electricity distribution network in its franchised areas, delivering power to residential, commercial, and industrial customers; manages service connections, metering, billing, and customer support. - Power generation: develops, finances, builds, owns, and operates generation facilities, including coal-fired, diesel-fired, natural gas/LNG, and renewable assets where applicable; procures energy to meet forecast demand and maintains a diversified generation portfolio. - Retail electricity supply: provides retail energy procurement and supply options to end users, including tariff planning, price optimization, and energy management services for commercial and industrial customers. - Renewable energy development and integration: pursues solar and other renewables projects; integrates renewable capacity into the grid to support reliability and decarbonization goals. - Energy services and solutions: offers energy management, distributed energy resources integration, and system optimization services to customers seeking enhanced efficiency and reliability. - Electrification and infrastructure services: participates in related electrical infrastructure projects, including engineering, procurement, construction, and maintenance services tied to power delivery and grid modernization. - Electric vehicle (EV) and charging infrastructure solutions: develops and deploys EV charging networks and related services to support transportation electrification. - Information technology and digital services: provides e-business development, information technology, telecommunications, and multichannel billing and customer engagement platforms. - Engineering, procurement, construction (EPC) services: offers EPC capabilities for energy projects and related facilities, including project development and workflow management. - Telecommunication and tower infrastructure: constructs and leases communication towers and related telecom infrastructure as part of broader connectivity and utility-related services. - Insurance and risk management services: provides insurance and re-insurance services as part of risk mitigation for projects and operations. - Rail and transport-related services: delivers maintenance and related services for rail systems and transportation networks where applicable. Geographic operations - Core operations in the Philippines, with a service footprint spanning Metro Manila and multiple provinces including Rizal, Cavite, Bulacan, Pampanga, Batangas, Laguna, and Quezon; operations extend to areas such as the Clark Freeport Zone and various municipal jurisdictions within these regions. - The company maintains regional generation, distribution, and service capabilities to meet localized demand and reliability standards across its franchise areas. Founding year and headquarters - Founded in 1903; headquarters located in Pasig City, Metro Manila, Philippines. Subsidiaries and corporate relationships - Operates within a parent–subsidiary framework linked to the broader JG Summit Holdings group structure, with strategic affiliations and joint considerations with related entities in energy, infrastructure, and financial services.
Company News
Manila Electric Company (MAEOY) Shareholder/Analyst Call Transcript