Oriental Petroleum and Minerals Corporation ``B`` (OPMB) Stock Price
₱0.00700
2.94%
(
$0.00012
in US Dollar
)
Price Data
Open Price
₱0.00700
High Price
₱0.00700
Low Price
₱0.00680
52-Week High
₱0.00920
52-Week Low
₱0.00680
Market Data
Trade Volume
₱216,900
Market Cap
₱560.00 Million
P/E Ratio
-
Earnings Per Share
-
Book Value
-
Company Profile
Oriental Petroleum and Minerals Corporation (OPM) was incorporated on December 22, 1969 with the purpose of exploring, developing and producing petroleum and mineral resources in the Philippines. As an exploration company, OPM's operational activities depend mainly on its service contracts (SCs) with the government.
The Company’s petroleum revenues and production are derived from SC 14 contact area. SC 14 is composed of four blocks, namely, Block A (Nido), Block B (Matinloc), Block C (Galoc and West Linapacan), and Block D (retention area). West Linapacan and Block D are non-producing areas. West Linapacan is currently under evaluation for re-activation after it was shut-in in 1991 due to water intrusion, while Block D is designated as the retention block.
OPM has three wholly-owned subsidiaries namely, Oriental Mahogany Woodworks, Inc. (OMWI), Linapacan Oil Gas and Power Corporation (LOGPOCOR), and Oriental Land Corporation (OLC).
Source: SEC Form 17-A (2022)
Stock Information
Sector
Mining & Oil
Subsector
Oil
Outstanding Shares
80,000,000,000
Share Type
Common
ISIN
PHY654111038
Board Lot
1000000