Highlights
KLSE: PETGAS (6033)       PETRONAS GAS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
18.60   +0.02 (0.11%)  18.34 - 18.68  992,300
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Overview

Market Cap: 36,804 Million
NOSH: 1,979 Million
Avg Volume (4 weeks):475,395
4 Weeks Range:17.52 - 18.80
4 Weeks Price Volatility (%):
84.38%
52 Weeks Range:15.82 - 19.80
52 Weeks Price Volatility (%):
69.85%
Average Price Target: 18.66
Price Target Upside/Downside: +0.06

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2017 [#4]  |  26-Feb-2018
Next QR | Est. Ann. Date: 31-Mar-2018  |  15-May-2018
T4Q P/E | EY: 20.53  |  4.87%
T4Q DY | Payout %: 3.55%  |  72.85%
T4Q NAPS | P/NAPS: 6.3248  |  2.94
T4Q NP Margin | ROE: 37.78%  |  14.32%

Headlines

Date Subject
06-Mar-2018 上升股:国油气体阻力RM17.82
28-Feb-2018 Petronas Gas - Higher Pengerang RGT value, impending tariff revision
27-Feb-2018 Petronas Gas - 4Q17 Results Within Expectations
27-Feb-2018 Mplus Market Pulse - 27 Feb 2018
27-Feb-2018 Petronas Gas - Strong Ending Led By New RGT
21-Feb-2018 下跌股:国油气体RM17.00支撑
09-Feb-2018 上升股:国油气体阻力RM18.38
28-Jan-2018 上升股:国油气体阻力RM18.80
17-Jan-2018 国油气体 TPA盈利冲击不大
16-Jan-2018 Petronas Gas - Deferred implementation of TPA tariff revision
16-Jan-2018 Petronas Gas - Tariff to Stay in 2018
17-Nov-2017 PublicInvest Research Headlines - 17 Nov 2017
14-Nov-2017 TPA明年初落实存隐忧.国油气体末季恐停滞
13-Nov-2017 Petronas Gas - Steady results amid new Gas Supply Act impact
13-Nov-2017 Petronas Gas - Steady as it can be
13-Nov-2017 Petronas Gas (HOLD, Maintain) - 3Q17 Results Within Expectation
13-Nov-2017 Petronas Gas Berhad - Earnings Sustained By High Plant Reliability
13-Nov-2017 Mplus Market Pulse - 13 Nov 2017
13-Nov-2017 Petronas Gas - Flattish Earnings; All Eyes On TPA
10-Nov-2017 Petronas Gas records lower net profit in Q3

Business Background

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia’s nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company’s total revenue, its Gas Processing and Gas Transportation units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
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paperplane What warrant?
29/12/2017 08:49
993954847305139 I'm blur now.... this stock cater mainly for local market right? How much used to export? Malaysia got price control on natural gas right?
01/01/2018 22:35
masterus Brent crude break $67/barrel
02/01/2018 15:28
godhand the call warrant. how to buy
03/01/2018 10:03
masterus Iranian Crisis Could Send Oil To $100
By Nick Cunningham - Jan 02, 2018, 6:00 PM CST
Oil
Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time in years.

The protests in Iran were the main driver of the bullish sentiment in the oil market. Anti-government demonstrations swept across the country in recent days, and unlike the widespread protests in 2009, the current rallies are related to economic woes and are also taking place in more cities than just Tehran. “Growing unrest in Iran set the table for a bullish start to 2018,” the Schork Report said in a note to clients on January 2.

At least 14 people have been killed in the protests and an estimated 450 have been arrested. It is the most serious challenge to the Iranian government in years, and Iran’s Supreme Leader put the blame on foreign agents, presumably the United States. “In recent days, enemies of Iran used different tools including cash, weapons, politics and intelligence apparatus to create troubles for the Islamic Republic,” Ayatollah Ali Khamenei said.

Meanwhile, tension over North Korea – although not a new development – could be spreading to include a spat between the U.S. and Russia as well as the U.S. and China. Reuters reported late last week that Russian oil tankers have sent fuel to North Korea on multiple occasions in the last few months by transferring cargoes at sea. If true, the actions would amount to a violation of UN sanctions. Sources told Reuters that there is no evidence that the Russian state was involved, but the news has raised the specter of U.S.-Russian tension as Washington seeks a hard line on Pyongyang.
03/01/2018 11:18
masterus Oil could hit $80 per barrel by the end of 2018, says portfolio manager
Published 8 Mins Ago
CNBC.com
It's not preposterous to expect oil prices to hit $80 per barrel by the end of 2018, said Yoon Chou Chong, head of Asian equities at Natixis Asset Management
Production cuts and the need to maintain stability ahead of the widely-anticipated Saudi Aramco IPO will support oil prices, Chong said
Asian stocks, in particular Chinese shares, also have room to gain further, he added

This year could mark a comeback for commodities, with oil potentially hitting $80 per barrel, a portfolio manager said on Wednesday.
03/01/2018 11:20
ivan9511 this one as I said sure up
my the cheapest of petronas
03/01/2018 13:36
mf bj https://www.bloomberg.com/news/articles/2018-01-03/oil-trades-near-two-year-high-as-u-s-stockpiles-seen-dropping
03/01/2018 20:41
Seeuu Last Friday closed with a hammer on a down trending market.The handle of the hammer is nearly twice the size of the body, approximately more than one and half times the length of the body. Anticipate it will hammer on Monday morning when it reopens. Any comments please. Learning.
06/01/2018 12:20
paperplane So fast 19
08/01/2018 11:27
pretty_life I tp is at 25 like Hengyuan...hahaha
08/01/2018 11:29
paperplane hehe
08/01/2018 11:50
godhand I only unlock my call warrant today. Haihs paper sigh still can buy cq and cp warrant
08/01/2018 13:09
ivan9511 when 15 already ask to buy a lot
now 20
this one limit up not suprise me
because the cheapest price of petronas
limit up is sure now
08/01/2018 15:49
paperplane should be RM20 if KLCI index is to break high
09/01/2018 17:04
godhand paperplane bro fundamental still intact?
18/01/2018 10:43
Hakuop Now all Red Sea, fundamental or not doesn't matter soon it will be at 14 based on this trend, sad to say but it is GAME OVER.
18/01/2018 11:43
godhand bought a bit of call warrant
18/01/2018 12:31
paperplane Fundamental ok. Profit margin superb, cashflow ok, nothing too much to worry....
19/01/2018 17:51
masterus US shutdown begins as Senate fails to pass new budget
20 January 2018 US & Canada
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20/01/2018 14:31
mf bj www.theedgemarkets.com/article/pm-najib-petronas-top-glove-airasia-among-successful-malaysian-companies
23/01/2018 13:36
woodstock China sucks gas https://www.wsj.com/articles/china-sucks-gas-out-of-global-market-amid-shift-from-coal-
24/01/2018 15:27
woodstock EPF selling to buy into US market, fulfilling promise to help America economy.
24/01/2018 15:47
masterus Brent crude break $70 and above.
25/01/2018 07:04
ivan9511 must buy
must buy
TP 22ringgit
sure up one
sure up 1
25/01/2018 14:02
ivan9511 As I said buy buy buy
I got untung a lot
Buy but limit up
Limit up
26/01/2018 16:55
ivan9511 as i said buy buy buy
easy money
so easy to guess
when oil.up patgas still.lowest
sure buy la
now I profit many many so easy to made money on petgas
limit up
28/01/2018 21:24
ivan9511 As I said buy buy buy
This company's sure up one
Confirm up
29/01/2018 11:13
godhand wa 1 week never look earn so much liao
29/01/2018 12:31
victory015 petgas down today
30/01/2018 22:07
victory015 petgas goes down again today
05/02/2018 11:45
godhand good time to re-enter?
06/02/2018 10:13
victory015 is oil and gas price going down or up
06/02/2018 12:37
godhand price is volatile la i reenter
06/02/2018 16:46
ivan9511 already said buy buy this one comfirm up
up
buy buy
07/02/2018 15:24
victory015 petgas is running out of gas, it can drop to rm16 again
09/02/2018 21:16
perterpan Sold most and now switch to Petronm for its low pe high net cash biz
12/02/2018 15:05
Championmbsbnsimecw Switch to petronm Ck, cn quick still cheap
19/02/2018 20:03
bc8660 Loos like EPF quite comfortable with current price and continue to accumulating more shares.
21/02/2018 15:23
perterpan Sold most and now switch to Petronm for its low pe high net cash biz
22/02/2018 11:05
fightingdragons Going down down down today, hopefully dip below 17.50
23/02/2018 17:00
laulau Looking good today...:)
27/02/2018 11:57
ATARAH Petronas hits oil in West Africa
Monday, 5 Mar 2018

2:56 PM MYT
KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) subsidiary, PC Gabon Upstream S.A. (PCGUSA) has discovered new oil and gas from its Boudji-1 exploration well in Block F14 (Likuale), located in South Gabon.

In a statement Monday, Petronas said the ultra-deepwater exploration well, drilled in water depths of 2,800 metres, encountered 90 metres of gross high quality hydrocarbon-bearing pre-salt sands.

The discovery marks a significant milestone for Petronas as it expands upstream growth in West Africa, demonstrating its frontier exploration and deepwater operational capabilities.

“The discovery in Gabon is an encouraging development for Petronas, as we continue to pursue growth activities beyond Malaysia, in line with the strategy to expand our core oil and gas business by growing our resource base,” Petronas executive vice president & upstream CEO, Datuk Mohd Anuar Taib said in the statement.


“Aside from boosting Gabon’s oil and gas industry, this discovery will also spur further growth activities in the region, and complements our achievements towards building a significant deepwater portfolio globally,” he added.

Petronas, together with the Ministry of Petroleum & Hydrocarbons, Gabon, will conduct an assessment to further determine the commerciality of the resource volume.

PCGUSA is the operator for Block F14 (Likuale), with Australia’s Woodside holding a 30% participating interest.

To-date, Petronas’ deepwater portfolio includes partnerships in the Gumusut-Kakap, Malikai and Kikeh deepwater fields located offshore Sabah. Additionally, there are two new upcoming deepwater development projects in the portfolio – the Limbayong field in Sabah and the Kelidang Cluster in Brunei.
05/03/2018 15:45
ATARAH petronas and petronas call warrant will fly today ? Dow Jones up + 336 point and oil price up.
dont miss the boat
Yesterday news Petronas hits oil in West Africa Monday, 5 Mar 2018
06/03/2018 08:18
mf bj buy
06/03/2018 08:19
masterus Brent uptrend $69 per barrel and above.
22/03/2018 09:30
masterus Oil price crosses $70 amid Iran deal tensions
24 MARCH 2018
Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal.

Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once again.


International benchmark Brent crude gained 6.6 percent this week, briefly reaching $70.58 a barrel on Friday.

American benchmark West Texas Intermediate (WTI) rose 5.7 percent this week and climbed as high as $66 a barrel.

While both benchmarks reached Friday their highest level since January 29, they also posted their best weekly gains since the last week of July 2017.
25/03/2018 15:12
masterus China Prepares Death Blow To The Dollar
By ZeroHedge - Mar 24, 2018, 12:00 PM CDT China Dollar

On March 26 China will finally launch a yuan-dominated oil futures contract. Over the last decade there have been a number of “false-starts,” but this time the contract has gotten approval from China’s State Council.

With that approval, the “petroyuan” will become real and China will set out to challenge the “petrodollar” for dominance. Adam Levinson, managing partner and chief investment officer at hedge fund manager Graticule Asset Management Asia (GAMA), already warned last year that China launching a yuan-denominated oil futures contract will shock those investors who have not been paying attention.

This could be a death blow for an already weakening U.S. dollar, and the rise of the yuan as the dominant world currency.

But this isn’t just some slow, news day “fad” that will fizzle in a few days.
25/03/2018 23:33
RedEagle Saudi Arabia Secretly Targeting $80 Oil
By Tsvetana Paraskova - Apr 10, 2018, 9:30 AM CDT
Tadawul
Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly ambitious domestic policy plans, Bloomberg reported on Tuesday, citing people who have spoken to Saudi officials.

Although Saudi officials have been careful not to point to a specific oil price target in private discussions over the past month, “the inescapable conclusion from the conversations was that Riyadh is aiming for $80,” according to the people who spoke to Bloomberg on the condition of anonymity.

A couple of months ago, Saudi Arabia was reportedly targeting oil at $70, but that was before Riyadh admitted that Aramco’s initial public offering could take place in 2019, instead of in the second half of 2018, as it has been planned for years.

In an interview with Time magazine last week, Saudi Crown Prince Mohammed bin Salman—the proponent of the Saudi economic overhaul to diversify from oil—for the first time linked oil prices with the Aramco IPO.

Asked about the delayed listing, the Crown Prince said:


“We do not delay it. We said we will be ready to IPO around 2018. And we are ready. We did all the laws. We did all the steps that are making us ready to IPO it. Now it’s a matter of choosing the right time. So we believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time. But we are ready to IPO it now if the time is right.”
Related: Russia Wants To Drop Dollar For Oil Payments

Saudi Energy Minister Khalid al-Falih has also recently signaled that the Kingdom would rather overtighten the market instead of leaving the job of erasing the glut undone.

In February al-Falih said that “If we have to err on over-balancing the market a little bit, so be it.”

According to Bloomberg’s sources, however, the Saudi ambitions for oil at $80 is not shared by all OPEC members, because some of them are worried—privately—that the Saudis are targeting too high an oil price that could further boost U.S. shale production.

By Tsvetana Paraskova for Oilprice.com
10/04/2018 23:40
masterus Crude oil price may uptrend if geopolitics worsen.
14/04/2018 14:24


 

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