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PXP Energy Corporation Reports Q1 2026 Financial Results with Increased Revenues but Higher Losses

PXP Energy Corporation reported a Core Net Loss of ₱11.7 million for the first quarter of 2026, compared to ₱9.2 million in Q1 2025. Despite a 2.4% increase in consolidated petroleum revenues to ₱20.9 million, the company faced higher interest charges and a decline in effective average crude prices.