Philippine company San Miguel buys gas reserves from state-owned company for $1.2 billion







A logo of San Miguel Corporation (SMC) is seen at a main office in Ortigas city, metro Manila

Philippine conglomerate San Miguel Corp said on Monday that its subsidiary had acquired gas reserves from the Philippine National Oil Corp for $1.2 billion.


Marketzone with Reuters 2022

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Financial data

2022 turnover 941 billion
16,806M
16,739M
2022 net result 20,226M
361M
360M
Net debt 2022 –
–
–
PER 202211.9x
2022 return1.39%
Capitalization 241 billion
4,298M
4,281M
capi. / CA 20220.26x
capi. / CA 20230.24x
Number of employees45,614
Floating15.8%

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Average recommendationKEEP
Number of Analysts1
Last Closing PricePHP101.00
Average price targetPHP135.00
Deviation / Average Target33.7%

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