Formosa Petro stock rises 9.87 percent to TWD 122.50, 5.04 percent below its 52-week high

Published on 10/16/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 8.20 percent to TWD 344.97 billion by June 2026. Formosa Petro stock gained 9.87 percent on Taiwan Stock Exchange on October 16, 2026.

Stock gains 9.87 percent today

Formosa Petro advanced 9.87 percent on October 16, 2026.
Six-month revenue reached TWD 344.97 billion in 2026, up 8.20 percent year over year.
Formosa Petro stock traded at TWD 122.50 on October 16, 2026 at 1:30 p.m. TST, up 9.87 percent versus the prior close of TWD 111.50.
The price-to-earnings ratio was 21.27 on October 16, 2026.

Formosa Petro, TW0006505001, Illustration mit AI erstellt.

Formosa Petro stock rose 9.87 percent to TWD 122.50 on the Taiwan Stock Exchange on October 16, 2026, versus the prior close of TWD 111.50. The move leaves the stock 5.04 percent below its 52-week high of TWD 129.00.

Revenue growth supports the price

For the six months ended June 30, 2026, Formosa Petrochemical Corporation reported revenue of TWD 344.97 billion, compared with TWD 318.81 billion in the same period of 2025. That represents growth of 8.20 percent year over year.

The company also reported operating income of TWD 47.40 billion for the first six months of 2026, compared with an operating loss of TWD 3.66 billion in the same period of 2025. The figures give the stock a fundamental counterweight to its sharp daily move.

Price position remains below the high

The Taiwan listing traded between TWD 112.50 and TWD 122.50 on October 16, 2026. Volume reached 49,501,986 shares, above the average volume of 37,997,952 shares. The 52-week range was TWD 42.25 to TWD 129.00, placing the latest price 5.04 percent below the high.

Valuation and company scale

Formosa Petrochemical had a market capitalization of TWD 1.2 trillion and a price-to-earnings ratio of 21.27 on October 16, 2026. Its trailing dividend yield was 0.01 percent. The company operates in energy, oil refining and petrochemical products, with utilities and upstream activities adding to its business mix.

Market figures below are as of October 16, 2026.

Comparison with peers

Formosa Petro: plus 9.87 percent, P/E 21.27, market capitalization TWD 1.2 trillion.

Formosa Plastics (Taiwan Stock Exchange, TWD): plus 0.49 percent, P/E 50.06, market capitalization TWD 522.6 billion.

Formosa Chemicals & Fibre (Taiwan Stock Exchange, TWD): plus 2.21 percent, P/E 33.35, market capitalization TWD 460.3 billion.

Trading ends near the yearly high

Formosa Petro stock last traded at TWD 122.50 on the Taiwan Stock Exchange on October 16, 2026 at 1:30 p.m. TST. The price was 9.87 percent above the prior close of TWD 111.50, while the distance to the 52-week high remained 5.04 percent.