Manila Electric Company

Equities

MER

PHY5764J1483

Electric Utilities

End-of-day quote Philippines S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
368.4 PHP +3.77% Intraday chart for Manila Electric Company +5.26% -7.67%

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PLDT Forms New Digital Entity MT
Meralco, Aboitiz Power to Invest in LNG Assets Via Chromite Gas Deal MT
Meralco, Aboitiz Power to Invest in Gas-Fired Power Plants, LNG Terminal in Philippines MT
Philippines' top energy firms partner for $3.3 bln LNG facility RE
Manila Electric Company Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Manila Electric Company Announces Declaration of Cash Dividends, Payable on April 24, 2024 CI
Transcript : Manila Electric Company, 2023 Earnings Call, Feb 26, 2024
Manila Electric Company elects Mr. Patrick Henry C. Go as Director CI
Meralco Closes Acquisition of SP New Energy MT
Manila Electric Company Announces Resignation of Frederick Dy Go as Director, Effective January 8, 2024 CI
Manila Electric Company Approves Executive Changes, Effective January 1, 2024 CI
Manila Electric Company Announces Executive Changes CI
Manila Electric Company Appoints Marilene P. Tayag as Vice President and Chief Information Security Officer, Effective January 1, 2024 CI
Transcript : Manila Electric Company, Nine Months 2023 Earnings Call, Nov 06, 2023
Manila Electric Company Reports Earnings Results for the Nine Months Ended September 30, 2023 CI
Meralco Takes Control of SP New Energy with PHP15.9 Billion Capital Injection MT
Manila Electric Company Appoints Marilene P. Tayag as Chief Information Security Officer Effective on November 16, 2023 CI
On-Us Solutions Inc entered in a share purchase agreement to acquire eSAKAY, INC from Manila Electric Company for PHP 87.4 million. CI
Transcript : Manila Electric Company, H1 2023 Earnings Call, Jul 31, 2023
Manila Electric Company Approves Interim Cash Dividend, Payable on September 14, 2023 CI
Manila Electric Company Reports Earnings Results for the Half Year Ended June 30, 2023 CI
Manila Electric Company Announces Management Changes CI
Analysis-As gas reserves wane, Philippines faces rising costs in switch to LNG RE
Manila airport cancels 40 domestic flights after power outage RE
Manila Electric Company Reports Earnings Results for the First Quarter Ended March 31, 2023 CI
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Manila Electric Co. is an electric distribution utility company in the Philippines covering 39 cities and 72 municipalities. The Company operates through two segments: Power and Other Services. The Power segment consists of electricity distribution, power generation and rental electricity services (RES). Electricity distribution includes electricity distribution and supply of power on a pass-through basis covering all captive customers in the MERALCO and the Clark Electric franchise areas in Luzon. The other services segment is involved principally in electricity-related services, such as, electro-mechanical engineering, construction, consulting and related manpower services, e-transaction and bills collection, telecommunications services, rail-related operations and maintenance services, insurance and re-insurance, e-business development, power distribution management, energy systems management and harnessing renewable energy, construction, and leasing of communication towers.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
368.4 PHP
Average target price
403.9 PHP
Spread / Average Target
+9.63%
Consensus
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  5. Meralco Takes Control of SP New Energy with PHP15.9 Billion Capital Injection