User Account

All Pages

Long-term profits of petron corporation

Assignment Help Business Management
Reference no: EM133032973

On October 13, 2014, the following information from an article titled, "Petron completes $2-B refinery upgrade: Firm doubling production capacity" was posted on Business.inquirer.net (Date Accessed: March 11, 2015):

Dubbed as Refinery Expansion Project (RMP-2), this project started in 2011. "With the upgrade, Petron said it would significantly increase production. Its gasoline production alone is projected to double from the current 18,0000 barrels per day to 36,000 barrels per day."
In the same article, Mr. Ramon Ang, the president of Petron also made the following statements:

"For Petron, this means increasing our revenues while improving profitability," Ang said. "With increased production, Petron will enhance the country's supply security and further lessen its dependence on higher-costing imported fuel products. We will also be the only oil company capable of locally-producing more efficient and environment-friendly fuels that meet or exceed global standards."

Question: What do you think will be the effects of this project on the long-term profits of Petron Corporation? What do you think will be the possible effects of this news on the share price of Petron Corporation?

Reference no: EM133032973

Questions Cloud

Solve the problem using implicit enumeration methods : Budi is an employee. He has a bank savings of Rp. 500,000,000, and he intends to stop working and use half of his bank savings to open a restaurant.
Second Chance Act : Explain the Second Chance Act of 2007. Identify and explain one advantage and one disadvantage of the act.
GRM3002 Entrepreneurship Assignment : GRM3002 Entrepreneurship (Creativity and Innovation) Assignment Help and Solution, Gulf College - Assessment Writing Service
Explain the four major problem areas : Explain the four major problem areas that businesses need to examine when planning to trade with a business in another country. What research should businesses
Long-term profits of petron corporation : Question: What do you think will be the effects of this project on the long-term profits of Petron Corporation? What do you think will be the possible effects o
Peters and waterman in search of excellence : 'Peters and Waterman's in Search of Excellence: Lessons from America's Best-Run Companiesstructure was published in 1982. Previously, the central concern charac
Promote civil discourse and critical reasoning : Defining the behaviors that promote civil discourse and critical reasoning and articulate a rationale for these as requirements for our society.
Case studythe poe ranch gift shop : Charles Poe grew up on the 12,000-acre Poe Ranch in Montana that his great grandfather established with an initial 1,000 acres in 1929. Growing up on the ranch,
Business intelligence and analytics in major league baseball : Early in this century, the Oakland Athletics used readily available traditional player performance statistics in new ways to decide which players to put on the

Reviews

Write a Review

Business Management Questions & Answers

  What is the perceived fairness

What is the perceived fairness of how rewards and I'll comes of decisions are shared by all members of a group?

  Conformance with legal requirements

Explain how - while they may be in conformance with legal requirements - they may not be behaving ethically based upon your definition of ethics.

  Show design of an organization

What signs might be present that a manager may be able to see whether there is a problem with the design of an organization and is changing the existing organization a different task from designing a brand new structure?

  Identifying various valuation methods and the strengths

Complete the following chart by identifying various valuation methods and the strengths and weaknesses associated with each.

  Which of the following is true about global competition

Which of the following is true about global competition? A type of non-tariff barrier to trade that consists of selling large quantities of products in foreign countries below cost is referred to as

  What are the strengths of the brand

Corporate & Legal Affairs Director to evaluate how the Tesco brand is perceived from the perspective of one an investor.

  What is the bond current yield

a. What is the bond's current yield? Round your answer to two decimal places. Do not round intermediate calculations. b. What is the bond's nominal annual yield to maturity (YTM)? Round your answer to two decimal places. Do not round intermediate c..

  Find three months of raw material

What factors would you look at and how do they affect the inventory carrying cost. The CFO of the company has just sent an email letting you know that the cost

  What could they do to strengthen future ethical behavior

In the Toyota acceleration recall, what could the company have done to prevent the situation? What could they do to strengthen future ethical behavior?

  At what point does management need to become involved

How much decision making power and authority should the teams have? At what point does management need to become involved?

  What was most important aspect of the shift

What was most important aspect of the shift from "piston pusher" engines to jet/turbojet engines was for aviation?

  Similarities and differences between outcomes and activities

Discuss the similarities and differences between outcomes and activities. Then discuss one of your current or previous teams in this light.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd