Tag: PXP Energy

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PXP Energy widens 1H loss on weaker oil

Energy & Mining Context.ph Context.ph -
PXP Energy Corpo. reported a core net loss of P21.1 million in the first half of 2025, more than double the P9.5 million loss from the same period last year, due to weaker crude prices, lower Galoc volumes, and rising production costs.

PXP Energy widens loss on weaker Galoc output, lower oil price

Corporate Context.ph Context.ph -
PXP Energy Corp., a publicly listed oil and gas exploration firm, reported a first-quarter net loss of P9.4 million, significantly wider than the P2.6 million loss posted during the same period last year.

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Ayala holds earnings, trims capex amid uncertainty  

Corporate 0
Diversified investment holding company Ayala Corp. is reassessing its capital expenditure program for the year as global macroeconomic volatility forces a more cautious investment stance, though the conglomerate is keeping its earnings targets unchanged for now, according to president and CEO Cezar P. Consing.

DA prepares for possible strong El Niño in late 2026

Agriculture 0
The Department of Agriculture (DA) is preparing for a possible moderate to strong El Niño later in 2026, warning it could reduce farm output, cut farmers’ incomes, and slow economic growth.

ACMobility seen turning profit in 2027

Transport & Logistics 0
ACMobility, Ayala Corp’s mobility arm, is on track for a financial turnaround after narrowing losses in 2025, with management expecting the business to reach profitability in 2026 as its electric vehicle push gains scale.

DENR to issue 660 land titles for public schools in 2026

Environment 0
The Department of Environment and Natural Resources (DENR) will roll out 660 land titles for public school sites this year, giving schools permanent ownership of the land they occupy.

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