PXP Energy Corporation

PXP Energy Corporation

PXPEF
PXP Energy CorporationUS flagOther OTC
0.05
USD
-0.04
- -
85.00MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Manuel Velez Pangilinan
Sector
Energy
Industry
Oil & Gas Integrated
Address
Mandaluyong Philippines
IPO Date
Apr 9, 2018
Business
PXP Energy Corporation, a Philippines-based upstream oil and gas company incorporated on December 27, 2007 and headquartered in Mandaluyong City, engages in the exploration, maturation, and production of hydrocarbon resources primarily through interests in petroleum service contracts in the Philippines. The company holds direct operating interests including 50% in SC 75 Northwest Palawan, 100% in Block A North Recto Bank pending award, and 6.8439% in the Octon Block; through its 79.35% controlling interest in UK-based Forum Energy Limited, it participates in SC 72 Recto Bank with 70% operating interest, SC 40 North Cebu with 100%, SC 14C-1 Galoc with 3.2103%, and SC 14C-2 West Linapacan with 9.103%; additionally, PXP maintains 100% ownership of Pitkin Petroleum Limited with operations in Peru and the Philippines, and Brixton Energy & Mining Corporation focused on energy-related resource exploration. PXP operates in the oil and gas exploration and production segment as well as coal mining activities, targeting offshore basins in Northwest Palawan, Recto Bank, North Cebu, and Sulu Sea regions, with listings on the Philippine Stock Exchange under ticker PXP. In recent developments, PXP acquired a 97.88% stake in Forum Energy Limited via a PHP 1.56-billion share swap with Tidemark Holdings Ltd to consolidate control over key assets like SC 72; it secured 12.5% participating interests in SC 80 and SC 81 in the Southwest Sulu Sea and 13.6878% in SC 86 Octon Block in Northwest Palawan through new joint ventures with operators Triangle Energy, Sunda Energy, and Philodrill, expanding its footprint in frontier and prolific basins as of October 2025.