SHLPH / Shell Philippines.

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EARNINGS AND BOOK VALUE, etc.

====.  : 2019 : 2020 : 2021 : 2022 :   1stH:    Q3   :   Q4  : q4’22: 
Revs.   : 218.B:  157.B : 179.B : 291.B :  129B: 62.7B :  ??? :   77. B:  
Net Inc. 5.62B: (16.2B) 3.86B: 4.08B:  123M: 1.93B :  ??? : (0.33B)
EBITDA 14.3B:  (16.5B) 13.1B: 13.22B
T. Borr.  29.2B:  35.0B: 30.2B: 50.9B:
Sh. Eqy 39.8B:  23.6B: 26.2B: 28.9B:
D /E R  :    ???  :   115% : 107%: ===
BV / sh.  24.69:  14.65 : 16.22: 17.90:   18.09: 19.29 :  ???  :  17.90 :
CF / sh.:  P6.19:  (7.40): P4.90: ??
E.P.S.   :  P3.48 (10.00) P2.39: P2.53:  P0.07: P1.20 :  ???  :
YrE. Pr. :  32.80: 20.65: 19.88: 16.90:
Div./sh.: P3.00:  ====: ====:  P1.00:
PER.yrE: 9.43x:  NEG.   8.32x:
Yield.    : 9.14%:  0.0% :  0.0% : 5.92%

======SHLPH / SHELL Philippines : ALL: 5yr: 2019-Log: 2022: 10d / 16.56 +0.40. PER:6.56x, Yield: 6.0%

from 2019-Log:

ALL:

====. : 3/ 23:  2022 :  2021 : 2020 : 2019 :
Net Inc. ====: 4.10B: 3.86B: (16.2B) 5.62B:
EBITDA  ====: 14.0E: 13.1B: (16.5B): 14.3B:
T. Borr.  ====: 30.0E:  30.2B: 35.0B: 29.2B:
Sh. Eqy  ====: 28.0E: 26.2B: 23.6B: 39.8B:
D /E R  :  ====: 107%?  115%:
BV / sh.   ====: 17.00E 16.22: 14.65: 24.69:
CF / sh.:  ====: ====: P4.90: (7.40): P6.19:
E.P.S.    : ====: ====: P2.39: (10.0): P3.48:
YrE. Pr. :  16.56: 16.90: 19.88:  20.65: 32.80:
Div./sh.: ==== : P1.00: ====:  ====: P3.00:
PER.yrE: 6.55x: ====: 8.32x:  NEG. : 9.43x:
Yield.   : 6.05%: 5.92%: 0.00%. 0.00% 9.14%
======

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SHLPH - Pilipinas Shell Petroleum Corporation

... amended press release - 1

"Shell Pilipinas continues recovery, posts P4.1B net income in 2022"

Shell Pilipinas Corporation sustains its recovery momentum by generating Php4.1 billion net income in 2022, up by 6% from Php3.9 billion the previous year. This was achieved amidst a challenging year with high inflation, fuel price volatility brought by the Russia-Ukraine war, and Philippine Peso depreciation. The energy company's 2022 gains are attributed to its strong marketing performance as the year's volume delivery increased by 10%, and a sustained high premium fuel penetration. Operational cash flow, excluding movement in working capital, stands at Php1.6 billion, up from 2021's Php1.1 billion. "Powering progress for the Philippines will remain to be our commitment. The environment and our customers' needs are shifting, and Shell Pilipinas is well positioned to be a trusted partner in meeting the current and changing needs of our customers. We continue to be reliable, agile, flexible, and adaptive in this ever-changing landscape," says Lorelie Quiambao-Osial, Shell Pilipinas President and Chief Executive Officer. Mobility business The Mobility business sustains Shell V-Power's position as the most preferred brand in the Philippines, with a new and improved version launched last February 2023, which cleans 100% of performance- robbing deposits and prevents future build-up on vital engine parts. The Non-Fuels Retail business posted a record profit of Php 2.6 billion, an increase of 24% versus 2021 with continued double-digit growth across segments.

There are now 217 Shell Select stores, 223 Select Express, 93 Deli2Gos and 479 Lube bays nationwide. In addition, the business also launched the first Shell Café in the Philippines – a new offer that enhances fuel stations to be mobility destinations where customers can take care of themselves and their vehicles. Shell Go+, the Company's dedicated loyalty program and mobile application launched in 2021, hit its milestone of 2 million members. Shell Go+ has been generating incremental value in both fuel and non-fuel offerings per store visit.

/ 2

Increased industrial demand Commercial Fuels increased volume sales by 19%, showing a full bounce back to pre-pandemic levels garnering growth through key customer wins and strengthened reseller capability. Shell's Lubricants business maintains top brand preference for Shell Advance and Shell Helix in key sectors. The business garnered 9% increase in volume while sale of carbon neutral products delivered a 39% increase. This was in conjunction with their offer expansions on coolants, brake fluids and oil filters. Commercial Road Transport recovered well with a strong volume delivery in 2022 attributed to economic improvement, seasonality, and marketing programs. The Aviation business improved with 51% in volume delivery, driven by further border openings and lifting of travel restrictions. Specialities grew volume by 25% compared to prior year, led by the sale of premium products. Expanded supply chain Shell Pilipinas' competitive and reliable supply chain optimizes the distribution of fuel and other products across the country. Aside from its three import terminals in Batangas, Subic and Cagayan de Oro, construction is ongoing for the company's fourth medium-range capable import terminal in Darong, Davao del Sur, which will supply the growing energy requirements of the southern region. Commitment to decarbonization Shell Pilipinas aims to meet the country's current and future energy needs with a diversified energy mix and cleaner energy, and enjoins consumers and businesses to use energy better, do more with less, and make energy conservation a way of life.

/ 3

Around 145 of the company's mobility stations are solar-powered reinforced with energy efficient equipment deployed in many of the mobility sites. Shell Pilipinas also launched the first Shell branded electric vehicle charging facility in Shell Mobility Site in Mamplasan, Laguna which is currently the most powerful DC high performance fast charger in the Philippines. The said Shell Mobility site in Mamplasan Laguna is powered by 100% renewable energy. Efforts to decarbonize operations at the import terminals have led to the reduction of 13 kilotons of Carbon emissions equivalent to almost 27,000 trees, by shifting to renewable energy sources. The company also neutralized carbon emissions through optimized road and primary transport scheduling. "We will continue to explore ways to improve energy efficiency in our operations and in our products and services to better serve our customers and stakeholders," says Quiambao-Osial. "We remain a steadfast partner of the government in its nation-building efforts, as we power progress for the Philippines." Other Relevant Information: Corrected typographical error.

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Chart, SHLph vs. PSEI : 17.00 (5.9% yield) / 6,436 = 0.26%

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CATCHING up on NEWS, as stock prices stays weak

SHLPH : Last: 13.50. (Range: 13.40 to 18.70 )..  BV P 19.29 at 9.30.23.  9mo EPS: 1.27 vs 2.73

SHLPH - Pilipinas Shell: Shell Pilipinas press release ( Aug. 15th)

"Shell Pilipinas Shows Strong H1 Performance with 1.4B Core Earnings" /xxB = xx per sh

Shell Pilipinas Corporation (SPC) recovers from its net loss in Q1 and delivers a net income of P123 million for the first half of 2023, amid challenging conditions brought about by volatility in oil prices and tripling of interest rates. SPC's core earnings for the first half of 2023 stand at P1.4 billion as its marketing business rebounds. Total marketing volume increased by 9% while premium products increased across key sectors. Non-fuel retail (NFR) also posted a double-digit growth of 14% from last year and is 33% higher than the pre-pandemic period.

However, this remarkable marketing delivery was tempered by the aforesaid factors that affected the industry. "We have built momentum and we will finish strong in 2023 with exceptional customer experience and continued innovation in serving our growing customer base with world-class Shell products and services," SPC President and Chief Executive Officer Lorelie Quiambao-Osial said. ...

[webmaster]

 

Nov 14, 2023:  SHELL PILIPINAS TURNS AROUND PERFORMANCE, DELIVERS P2.1BN NET INCOME BY END OF Q3

Shell Pilipinas Corporation (SPC) posted a net income of P2.1 billion for the first nine months of 2023, a significant improvement from the P123 million recorded during the first half of the year. This was attributed to sustain overall volumes growth, increase in premium product penetration, and inventory loss reversal.

“We took action to ensure recovery and were able to successfully generate higher earnings compared to the first half of 2023." said Lorelie Quiambao-Osial, Shell Pilipinas Corporation’s President and Chief Executive Officer (CEO).

====.  : 2019 : 2020 : 2021 : 2022 :   1stH:    Q3   :   Q4  : q4’22: 
Revs.   : 218.B:  157.B : 179.B : 291.B :  129B: 62.7B :  ??? :   77. B:  
Net Inc. 5.62B: (16.2B) 3.86B: 4.08B:  123M: 1.93B :  ??? : (0.33B)
EBITDA 14.3B:  (16.5B) 13.1B: 13.22B
T. Borr.  29.2B:  35.0B: 30.2B: 50.9B:
Sh. Eqy 39.8B:  23.6B: 26.2B: 28.9B:
D /E R  :    ???  :   115% : 107%: ===
BV / sh.  24.69:  14.65 : 16.22: 17.90:   18.09: 19.29 :  ???  :  17.90 :
CF / sh.:  P6.19:  (7.40): P4.90: ??
E.P.S.   :  P3.48 (10.00) P2.39: P2.53:  P0.07: P1.20 :  ???  :
YrE. Pr. :  32.80: 20.65: 19.88: 16.90:
Div./sh.: P3.00:  ====: ====:  P1.00:
PER.yrE: 9.43x:  NEG.   8.32x:
Yield.    : 9.14% 0.0% : 0.0% : 5.92%
======

"Shell Pilipinas turns around performance, delivers P2.1 bn net income by end of Q3"

Shell Pilipinas Corporation (SPC) posted a net income of P2.1 billion for the first nine months of 2023, a significant improvement from the P123 million recorded during the first half of the year. This was attributed to sustained overall volumes growth, increase in premium product penetration, and inventory loss reversal. "We took action to ensure recovery and were able to successfully generate higher earnings compared to the first half of 2023." said Lorelie Quiambao-Osial, Shell Pilipinas Corporation's President and Chief Executive Officer (CEO). Mobility benefits from growth levers in Q3 Shell Pilipinas delivered 30 new mobility sites combined with targeted mobility-related activities, driving growth across various sectors of the business. Fuels volume is up by 7%, credited to successful marketing promotions and loyalty offers facilitated through the Shell Go+ app. Enhancing customer experience is one of SPC's priorities and this is carried out through improvement of its mobile applications. The recently launched Shell Fleet App was recognized as a digital solution addressing the unique needs of small and medium entities and streamlines the fleet card application process while offering a transition to cashless fuel management system. SPC also renewed its partnership with Citibank (through UnionBank) to relaunch the Shell Citi Card. This is by far the longest co-branding relationship in the industry, celebrating 25 years of strong partnership and counting. This collaboration offers one of the highest rebates in the industry, further enhancing customer satisfaction and loyalty. Non-fuels retail continues to deliver double-digit growth as it posted a 14% increase vs 2022. The introduction of new Shell Café branches and the expansion of Shell Select stores, Select Express, Deli2Gos, and Shell Helix Oil Change Centers nationwide contributed to this growth. Last quarter, Mobility introduced its first Shell Café drive- through in the country.

[webmaster]

Important LOW (P 10.00) may finally be in place

SHLPH -All

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