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Formosa Petrochemical Corporation

6505.TW

Latest Trade

97.00TWD

Change

0.20(+0.21%)

Volume

1,501,039

Today's Range

95.90

 - 

97.30

52 Week Range

88.40

 - 

117.50

As of on the Taiwan Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
96.80
Open
96.00
Volume
1,501,039
3M AVG Volume
90.02
Today's High
97.30
Today's Low
95.90
52 Week High
117.50
52 Week Low
88.40
Shares Out (MIL)
9,525.96
Market Cap (MIL)
922,112.90
Forward P/E
17.72
Dividend (Yield %)
0.61

Next Event

November 2021 Formosa Petrochemical Corp Corporate Sales Release

Latest Developments

More

Formosa Petrochemical Says Oct Sales Up 104.1% Y/Y

Formosa Petrochemical Says Aug Sales +77.3% Y/Y

Formosa Petrochemical Says June Sales Up 41.8% Y/Y

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About Formosa Petrochemical Corporation

Formosa Petrochemical Corp is a Taiwan-based company principally engaged in the refining and distribution of oil products. The Company’s principal products include oil products, such as naphtha, gasoline, diesel, jet fuel, kerosene, fuel oil and liquefied petroleum gas (LPG); petrochemical basic materials, such as ethylene, propylene and butadiene; utility products, such as power generation equipment and steam, as well as basic oil products. In addition, the Company is also involved in the storage of oil products and petrochemical materials, as well as the loading and unloading of port cargos.

Industry

Oil & Gas - Integrated

Contact Info

Room 377, 4F, Building Behind

No. 201, Tung Hwa North Road

105

Taiwan

+886.2.27122211

http://www.fpcc.com.tw/

Executive Leadership

Bao-Lang Chen

Chairman of the Board

Susan Wang

Managing Director

Wilfred Wang

Managing Director

Wen Yuan Wong

Managing Director

Chang-Pang Chang

Managing Director, Independent Director

Key Stats

2.36 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, TWD)

2018

767.6K

2019

646.0K

2020

415.3K

2021(E)

593.3K
EPS (TWD)

2018

6.310

2019

3.860

2020

0.780

2021(E)

5.464
Price To Earnings (TTM)
17.72
Price To Sales (TTM)
1.70
Price To Book (MRQ)
2.65
Price To Cash Flow (TTM)
13.68
Total Debt To Equity (MRQ)
10.11
LT Debt To Equity (MRQ)
9.77
Return on Investment (TTM)
14.74
Return on Equity (TTM)
13.15

Latest News

Latest News

UPDATE 1-Taiwan's Formosa plans to increase refinery output in May

Taiwan's Formosa Petrochemical Corp plans to ramp up operating rates at its refinery in May to 74% once it restarts a gasoline-making unit after maintenance and as refining margins have improved, the company's spokesman said.

Taiwan's Formosa plans to increase refinery output in May

Taiwan's Formosa Petrochemical Corp plans to ramp up operating rates at its refinery in May to 74% once it restarts a gasoline-making unit after maintenance and as refining margins have improved, the company's spokesman said.

Taiwan's Formosa restarts naphtha cracker after brief outage

Taiwan's Formosa Petrochemical Corp restarted on Monday its No. 1 naphtha cracker after a technical fault shut the unit last week, the company's spokesman said.

Taiwan's Formosa to reduce output in Feb, delay coking unit restart

Taiwan's Formosa Petrochemical Corp plans to reduce the volume of crude processed in February as it delays the restart of a coking unit which was shut for regular maintenance, the company's spokesman said on Friday.

Enviros ask judge to cancel permit for $9.4 bln plastic plant near historic cemeteries

A Washington D.C. federal court should cancel a water-quality permit the U.S. Army Corps of Engineers has issued to a subsidiary of a Taiwanese plastics company that is proposing to build a $9.4 billion petrochemical complex in eastern Louisiana, environmentalist and neighborhood...

UPDATE 1-Taiwan's Formosa cuts refinery runs after fire last week

* Impact on gasoline mitigated by ample supplies for now (Adds background, petchem run rates)

Taiwan's Formosa cuts refinery runs after fire last week

Taiwan's Formosa Petrochemical Corp has slashed runs at its 540,000 barrels-per-day (bpd) Mailiao oil refinery to about 68%, down from 80%, following last week's shutdown of a secondary unit due to a fire, its spokesman said on Monday.

UPDATE 1-Taiwan's Formosa shuts Mailiao refinery unit after fire, sources say

Taiwan's Formosa Petrochemical Corp has shut a residue desulphuriser (RDS) unit at its 540,000 barrels-per-day (bpd) Mailiao refinery after it was hit by a fire early on Wednesday, three sources close to the matter said.

Taiwan's Formosa shuts unit at Mailiao oil refinery after fire -sources

Taiwan's Formosa Petrochemical Corp has shut a residue desulphuriser (RDS) unit at its 540,000 barrels-per-day (bpd) Mailiao refinery after it was hit by a fire, three sources close to the matter said on Wednesday.

UPDATE 1-Taiwan's Formosa expects gasoline exports to halve in 2020

Taiwan's Formosa Petrochemical Corp expects to cut its gasoline exports by about half in 2020 as the coronavirus crisis dents demand, a spokesman said on Thursday.

Formosa delays CDU restart, to operate at 80% of capacity in May

Taiwan's Formosa Petrochemical Corp has delayed the restart of some refinery units after completing maintenance and planned to process crude at a reduced rate in May, company spokesman KY Lin told Reuters on Monday.

Taiwan's Formosa plans to operate refinery at lower rate after maintenance

Taiwan's Formosa Petrochemical Corp plans to operate its refinery at a reduced rate after completing maintenance at some units later this month amid weak margins, its company spokesman said on Monday.

Taiwan's Formosa to export more low sulphur fuel oil after rule change

Taiwan's Formosa Petrochemical Corp said on Thursday it will continue exporting very low-sulphur fuel oil (VLSFO), which it previously only sold at home, in response to strong demand driven by new global shipping regulations.

Taiwan's Formosa to operate refinery at near 70% due to maintenance

Taiwan's Formosa Petrochemical Corp aims to lower its October average run rate at the 540,000-barrel-per-day (bpd) Mailiao refinery to about 70% from more than 87% last month due to maintenance, its spokesman said on Thursday.

Taiwan's Formosa buys naphtha at lowest price since December

Taiwan's Formosa Petrochemical Corp <6505.TW> has finalised a naphtha purchase at discounts of $4 to $5 a tonne to its own price formula on a cost and freight (C&F) basis, the lowest price it has paid since December, industry sources said on Thursday.

Taiwan Formosa to trim refinery runs; raise naphtha cracker output

Taiwan's Formosa Petrochemical Corp will operate its Mailiao refinery at about 90% capacity, down by about 6 percentage point from June but fully restore throughput at its naphtha crackers, company spokesman K.Y. Lin said on Monday.

Formosa Petchem to raise refinery runs from April as maintenance ends

* Too soon to tell if fire at sister company would affect crackers

Taiwan's Formosa Petrochemical seals 2019 gasoil, jet fuel term contracts

Taiwan's Formosa Petrochemical Corp has finalised its term contracts to sell diesel and jet fuel for loading in 2019, at volumes and price levels mostly steady from this year, trade sources said on Monday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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