Phoenix Petroleum Philippines, Inc. is the first independent oil company to be listed in the Philippine Stock Exchange after the Oil Deregulation Law was passed in 1998. It is the first company from Davao City to be listed in the Philippine Stock Exchange.

Davao City, officially the City of Davao, is a highly urbanized city in the Davao Region, Philippines. The city has a total land area of 2,443.61 km2 (943.48 sq mi), making it the largest city in the Philippines in terms of land area. It is the third-most populous city in the Philippines after Quezon City and Manila, and the most populous in Mindanao. According to the 2020 census, it has a population of 1,776,949 people.