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Formosa Petrochemical Corporation

6505.TW

Latest Trade

80.00TWD

Change

-1.50(-1.84%)

Volume

4,072,449

Today's Range

80.00

 - 

81.50

52 Week Range

66.10

 - 

106.00

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

Pricing

Previous Close
81.50
Open
80.70
Volume
4,072,449
3M AVG Volume
102.74
Today's High
81.50
Today's Low
80.00
52 Week High
106.00
52 Week Low
66.10
Shares Out (MIL)
9,525.96
Market Cap (MIL)
776,365.70
Forward P/E
33.95
Dividend (Yield %)
3.56

Next Event

July 2020 Formosa Petrochemical Corp Corporate Sales Release

Latest Developments

More

Formosa Petrochemical Posts Net Loss In H1

Formosa Petrochemical Says May Sales Down 55.9% Y/Y

Formosa Petrochemical Says March Sales Down 38.5% Y/Y

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About Formosa Petrochemical Corporation

Formosa Petrochemical Corporation 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, Managing Director

Susan Wang

Managing Director

Wilfred Wang

Managing Director

Wen Yuan Wong

Managing Director

Chang-Pang Chang

Managing Director, Independent Director

Key Stats

3.31 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, TWD)

2017

624.1K

2018

767.6K

2019

646.0K

2020(E)

499.1K
EPS (TWD)

2017

8.420

2018

6.310

2019

3.860

2020(E)

2.400
Price To Earnings (TTM)
44.16
Price To Sales (TTM)
1.26
Price To Book (MRQ)
2.59
Price To Cash Flow (TTM)
26.20
Total Debt To Equity (MRQ)
8.16
LT Debt To Equity (MRQ)
6.89
Return on Investment (TTM)
5.02
Return on Equity (TTM)
4.41

Latest News

Latest News

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.

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

Asia Naphtha/Gasoline-Naphtha under pressure; Formosa buys

Asia's naphtha crack edged up 2 cents to $87 a tonne on Thursday, the highest since June 6, supported by firm demand. - But improving supplies impacted fundamentals and spot naphtha premiums came tumbling down after hitting near four-year highs in late May. - Taiwan's Formosa...

Taiwan's Formosa buys 100,000 T naphtha at lower premium

Taiwan's Formosa Petrochemical Corp has bought lower naphtha volumes for February than January due to fewer days next month and also because it is returning to using alternative feedstock, traders familiar with the matter said on Friday.

BRIEF-Formosa Petrochemical's unit FG LA LLC acquires land in the U.S. for $34.65 mln

* Says its unit FG LA LLC acquires land in Louisiana in U.S. for $34.65 million

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

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