Petron Corporation closed 2025 with its strongest financial performance to date, posting a consolidated net income of P15.6 billion, up 84 percent from the P8.5 billion recorded in 2024.

In a statement, the country’s largest oil refiner and fuel retailer attributed the surge in earnings to stronger sales volumes, improved refining margins, and enhanced operational efficiency amid stabilizing global oil market conditions.

The company said its downstream and retail businesses delivered solid contributions to overall results, buoyed by sustained domestic fuel demand and expanded distribution operations across the country.

Petron’s record-breaking performance underscores a strong rebound from previous market volatility, when fluctuating crude prices and tighter margins posed challenges to industry players.

Founded in 1933, Petron operates the country’s only remaining refinery in Limay, Bataan, and maintains an extensive network of service stations in the Philippines and Malaysia. As a key player in the downstream oil industry, the company supplies a wide range of petroleum products that power transport, industries, and households nationwide.

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