|Bid||0.0850 x 0|
|Ask||0.0880 x 0|
|Day's Range||0.0850 - 0.0920|
|52 Week Range||0.0580 - 0.1150|
|Beta (5Y Monthly)||1.80|
|PE Ratio (TTM)||5.67|
|Earnings Date||Mar 01, 2016 - Mar 05, 2016|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.80|
Improvement in profitability and outperformance against the industry can be important characteristics in a stock for...
PXP Energy Corp said on Tuesday it has submitted an unsolicited proposal to the Philippines' Department of Energy to develop and utilise the Malampaya natural gas facilities in the South China Sea for a planned integrated gas hub venture. The Malampaya gas-to-power project, developed and operated by Shell Philippines Exploration BV on behalf of joint venture partners Chevron Malampaya LLC and state-owned PNOC Exploration Corp, began commercial operations in 2001. Malampaya, which fuels power plants with a combined capacity of more than 3,000 megawatts, is expected to be depleted within the next decade, with the government-issued Service Contract No. 38 covering the project expiring in 2024.
U.S. liquefied natural gas (LNG) company Excelerate Energy will proceed with its floating LNG import terminal project, Luzon LNG, after receiving the go ahead from the Philippines. "Excelerate will develop, design, permit, construct, finance, and operate the terminal," the company said after reporting a notice to proceed from the Philippines government. The facility, which will have a storage capacity of 150,000 cubic meters, will be set up in the Bay of Batangas on the main island of Luzon, near power plants running on Malampaya natural gas, the Philippines' Department of Energy (DOE) said on Friday.
Phoenix Petroleum Philippines Inc and its Chinese partner have signed a deal adding state-owned Philippine National Oil Company (PNOC) to their planned $2 billion liquefied natural gas hub project, Phoenix said on Friday. Phoenix has won government approval to build an LNG regasification and receiving terminal in Batangas province, south of the capital Manila, partnering with CNOOC Gas and Power, a unit of CNOOC and China's largest LNG importer and terminal operator.