Shell Pilipinas sees 2025 earnings surge 68% to P2.1B

Shell Pilipinas ended 2025 with its profit ballooning by 68 percent amid stronger fuel demand and stricter cost control.

In a disclosure Thursday, the oil firm said its net income reached P2.1 billion from a year ago’s P1.25 billion.

The company’s core earnings likewise jumped 28 percent to P3.3 billion.

The group’s fuel business saw its volume inch up by 2 percent for 2025. This enabled the firm to keep its position as the second-largest downstream player in the Philippine market.

Aviation and fleet segments provided the lift with 11-percent volume growth each. Commercial fuels also logged a 3-percent rise driven by mining and wholesale markets, while mobility volume was flat.

Shell Pilipinas’ nonfuels business, including lubricants and bitumen, posted a 4 percent volume growth.

Lorelie Quiambao Osial, president and CEO, said 2025 marked a year of steady progress for Shell Pilipinas with stronger results delivered quarter after quarter.

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“The strategic priorities we sharpened—integrated channel growth, disciplined working capital, and tighter cost control—are translating into more consistent performance across our portfolio,” Osial added.

This strategy, she said, helps Shell Pilipinas become “more resilient and better able to navigate a dynamic operating environment,” especially amid a challenging market.

The company has more than 1,000 retail stations across the country.