KLSE: PETGAS (6033)       PETRONAS GAS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
16.64   -0.54 (3.14%)  16.60 - 17.18  623,700
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Market Cap: 32,919 Million
NOSH: 1,978 Million
Avg Volume (4 weeks):1,994,000
4 Weeks Range:16.60 - 18.46
4 Weeks Price Volatility (%):
52 Weeks Range:16.60 - 21.98
52 Weeks Price Volatility (%):
Average Price Target: 20.31
Price Target Upside/Downside: +3.67

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2017[#3]  |  10-Nov-2017
Next QR | Est. Ann. Date: 31-Dec-2017  |  23-Feb-2018
T4Q P/E | EY: 18.59  |  5.38%
T4Q DY | Payout %: 3.97%  |  73.74%
T4Q NAPS | P/NAPS: 6.2261  |  2.67
T4Q NP Margin | ROE: 37.98%  |  14.38%


Date Subject
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 (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
22-Oct-2017 Correction to PETGAS Updates (18 Oct 2017) - L. C. Chong
19-Oct-2017 PETGAS Updates – 18 Oct 2017 - L. C. Chong
16-Aug-2017 业绩符预期.财测不变.国油气体面对新法令风险
16-Aug-2017 Petronas Gas - Strong Performance From All Business Segments
16-Aug-2017 Petronas Gas - No Surprises in 2Q17
16-Aug-2017 Mplus Market Pulse - 16 Aug 2017
16-Aug-2017 PublicInvest Research Headlines - 16 Aug 2017
06-Jul-2017 12 things you need to know about Petronas Gas before you invest - Ian Tai
16-May-2017 TPA削减盈利估值.国油气体资产回酬恐挫15%
16-May-2017 Petronas Gas - 1Q17 In Line; Sell-down Overdone; Up To OP
16-May-2017 Mplus Market Pulse - 16 May 2017
16-May-2017 Petronas Gas - Stronger Contribution From Regasification Segment
07-May-2017 国油气体前景如何?

Business Background

PETRONAS Gas Berhad (PGB) is engaged in separating natural gas into its components and storing, transporting and distributing such components, and the sale of industrial utilities. Its divisions include Plant Operations Division (POD), Transmission Operations Division (TOD), Centralised Utility Facilities Division (CUF) and Technical and Facilities Development Division (TFDD). POD operates the six gas processing plants, which are divided into two complexes: Gas Processing Plant A and Gas Processing Plant B located in Kertih and Paka, Terengganu. TOD operates the Peninsular Gas Utilisation pipeline network by managing the supply of gas to its customers throughout Malaysia. Its CUF division supplies a range of industrial utilities to the petrochemical businesses, including electricity, steam, industrial gases and other by-products, such as liquid oxygen, liquid nitrogen, cooling water and boiler feed water. TFDD is the engineering and project management arm of PGB.
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goldentriangle Dow Jones closed at 21,580.07 (-31.71) (-0.15 巴仙)
23/07/2017 09:58
masterus Chinese crude oil imports are expected to exceed 400 million tons this year, and to further rise next year, Zhang Haichao, vice president of Sinopec Group, told Reuters on Tuesday.

The estimate provided by Zhang means that Chinese demand for foreign crude would rise by 400,000 bpd, and for the first time ever, rising imports could make China the world’s top crude oil importer on an annual basis, according to Reuters.

Chinese customs data has revealed that the world’s second-largest consumer of crude oil imported 8.55 million bpd during the first half of the year, or 212 million tons in total – a 13.8-percent annual increase. The growth in imports comes on the back of higher refinery runs after a maintenance period, as well as dwindling local crude production.
26/07/2017 10:06
masterus Brent price back to $50/barrel
26/07/2017 10:06
masterus Brent crude prices edged closer to $51 a barrel, the highest level in two months, after US stockpiles fell more than analysts expected.

The global oil price benchmark rose 1.27 per cent to $50.84 per barrel while West Texas Intermediate (WTI) oil prices, the benchmark for the US, were trading 1.52 per cent higher at $48.62 per barrel.

US inventories dropped by 7.2m barrels in the week to 21 July while analysts expected a decline of just 2.6m barrels, according to official data published by the Energy Information Administration (EIA) today.
27/07/2017 07:42
goldentriangle North Korea says new missile test proves it has capability to nuke any part of US
They launched second flight test of an intercontinental ballistic missile on Saturday.
30/07/2017 10:40
goldentriangle http://www.oregonlive.com/today/index.ssf/2017/07/north_korea_says_new_missile_t.html
30/07/2017 10:40
masterus Brent now at $52 and above.
31/07/2017 09:37
masterus Sanctions On Venezuela Could Push Oil Into The Mid-$50s
01/08/2017 07:20
goldentriangle Nasdaq Collapsed (Tech stocks bubble burst?)
Nasdaq closed at 6,216.87 (-135.46) (-2.13%)
11/08/2017 05:51
goldentriangle Dow Jones also Tumbling Down (Economy Crisis Come?)
Dow Jones closed at 21,844.01 (-204.69) (-0.93%)
11/08/2017 05:52
mancingbursa Aim....
13/09/2017 15:02
masterus Brent reached $55 and above.
14/09/2017 07:07
masterus Navy vessels are moored in port at the U.S. Naval Base, Guam CREDIT: REUTERS

Julian Ryall
15 SEPTEMBER 2017 • 6:03AM
North Korea's launch of a ballistic missile that flew more than 2,300 miles before falling into the Pacific Ocean is a "clear and unequivocal" message to the United States that Pyongyang has the ability to strike Guam.

The distance from Pyongyang to Guam is a little over 2,100 miles and North Korea identified it as a target in early August, threatening to launch four Hwasong-12 intermediate-range ballistic missiles into waters close to the island.

The intention, according to analysts, was to demonstrate that Pyongyang would have no compunction in the event of war from targeting the resort island in order to interrupt air attacks on the North as well as efforts to reinforce ground forces on the Korean Peninsula.
15/09/2017 16:58
goldentriangle Recap: North Korea fires ANOTHER intercontinental missile over Japan - and South Korea launches its own in response

16/09/2017 07:53
mancingbursa Tap tap tap.......
19/09/2017 08:09
tklim SELL.....ADX...
22/09/2017 14:52
Kingoffry Going 16.00
23/09/2017 01:20
masterus AFP/Getty Images
Oil ended slightly higher on Friday, with prices extending a streak of weekly gains, as major oil producers at an OPEC-led committee meeting boasted record compliance with their production-cut agreement, but, as expected, reached no decision to extend the agreement.

U.S. benchmark, November West Texas Intermediate crude US:CLV7 added 11 cents, or 0.2%, to settle at $50.66 a barrel on the New York Mercantile Exchange, with the contract settling at a roughly four-month high, according to FactSet data. For the week, the November contract gained 0.4%, while prices tracking the front-month contracts were up 1.5%. Oil also tallied third-straight weekly climb.

Meanwhile, November Brent crude LCOX7, +0.83% the global benchmark, added 43 cents, or 0.8%, to $56.86 a barrel on the ICE Futures Europe exchange. The contract gained about 2.2% for the week, its fourth-consecutive weekly climb.

On Friday, the Joint OPEC-Non-OPEC Ministerial Monitoring Committee, or JMMC, which includes Organization of the Petroleum Exporting Countries members Algeria, Kuwait and Venezuela as well as non-OPEC Russia, announced in a news release that the countries participating in a production-cut agreement reached record monthly compliance with the pact.

Crude Oil - Electronic Nov 2017
24 Aug
30 Aug
5 Sep
11 Sep
21 Sep
15 Sep
Under the agreement, OPEC, along with several producers outside the cartel, said they would eliminate about 2% of the global oil supply through March 2018. There has also been speculation recently that producers are considering a further extension of the deal to the end of next year.

The producers reached a conformity level of 116% in August, the committee said Friday. Compliance was at 94% in July.
23/09/2017 11:14
masterus Brent crude hits new 2017 high above $58 as bulls see more oil gains ahead
Brent crude oil hit a new 2017 high, as U.S. crude topped $51 a barrel for the first time in four months.
The market expects oil producers to extend a deal to limit output as demand forecasts rise.
Hedge funds raised their bets that oil prices will rise, figures from the CFTC show.
25/09/2017 23:39
masterus Brent moved to $59 and above.
26/09/2017 10:49
mancingbursa Yest up crazy but today ding dong? Lucky i sold at last minute
26/09/2017 10:56
masterus Turkey, Iran, and Iraq join forces against emergence of Kurdistanbrian wang | October 6, 2017 |

Turkey, Iran, and Iraq adopted a coordinated, aggressive force posture in retaliation for the Kurdistan Regional Government’s (KRG) independence referendum on September 25, 2017. The Iraqi Security Forces (ISF) conducted military exercises on the borders of Iraqi Kurdistan with the Turkish Armed Forces, the Islamic Revolutionary Guards Corps, and Iranian Artesh. Turkey and Iran implemented a ban on direct flights from Northern Iraq on September 29. The ISF has also begun to establish security checkpoints at border crossings from Iraqi Kurdistan to Turkey and Iran. The tripartite has yet to enact economic embargos, although the three states threatened to block crude oil exports from the KRG following a temporary ban by Iran. Turkey, Iran, and Iraq nonetheless remain unlikely to escalate militarily in the near term. The U.S. has opposed the KRG’s unilateral campaign on the grounds that it will harm the prospects for a unified, independent, and representative Iraq. The tripartite response and Iran’s growing role also threaten that goal.

The tripartite cooperation between Turkey, Iran, and Iraq builds upon preexisting multilateral frameworks that ultimately expand Iran’s regional influence and undercut American influence. Russia, Iran, and Syria have begun coopting elements of the Iraqi government into a ‘Quartet’ for operations along the Syrian-Iraqi Border. Russia and Iran have also drawn Turkey into a diplomatic process that favors their own interests through the Astana Talks on the Syrian Civil War. Iran will exploit these overlapping forums to expand and legitimize its destabilizing involvement in Iraq, Syria, and the wider Middle East. Russia also sees opportunity in these forums.It has set conditions to engage more deeply in Iraq amidst the uncertainty surrounding the KRG’s drive for independence. These forums will undermine the prospects for establishing independent, representative, and unitary states in Iraq and Syria – a requirement for achieving broader U.S. objectives.
08/10/2017 05:30
masterus Oil is at the center of it all. Kurdistan itself is rich in oil, possessing reserves equal to 45 billion barrels, and could potentially become a larger producer than Nigeria. According to figures from the KRG, Kurdistan currently exports about 600,000 barrels a day, though that number is difficult to account for. Other reports indicated it exports something closer to 430,000 or around ten percent of Iraq’s total oil exports.
08/10/2017 05:37
masterus The Kurdish Referendum Could Reshape Oil Markets
08/10/2017 05:37
Jin Chi wah wah wah +0.3
10/10/2017 16:28
masterus China will 'compel' Saudi Arabia to trade oil in yuan — and that's going to affect the US dollar
"I believe that yuan pricing of oil is coming and as soon as the Saudis move to accept it — as the Chinese will compel them to do — then the rest of the oil market will move along with them," Carl Weinberg, chief economist and managing director at High Frequency Economics, told CNBC
In recent years, several nations opposed to the dollar being the world's reserve currency have progressively sought to try and abandon it
OPEC kingpin Saudi Arabia is at the crux of the petrodollar
12/10/2017 12:28
mancingbursa Sayang....
13/10/2017 11:21
Indonesia's central bank allows ringgit, baht in trade

October 16, 2017 23:58 pm MYT

JAKARTA (Oct 16): Indonesia's central bank said on Monday it will allow transaction settlement for bilateral trade between Indonesia, Malaysia and Thailand to be conducted in local currencies.

The new regulation is aimed at reducing dependency on the US dollar and limiting exposure to volatile foreign exchange rates.

The rule, which goes into effect on Jan. 2 next year, allows Indonesian exporters or importers to settle payments with their Malaysian or Thai counterparts using rupiah, ringgit or baht.

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The three currencies are among the most volatile in the region.

Bank Indonesia, Bank of Thailand and Bank Negara Malaysia, will select banks that will be able to carry out such transactions, Indonesia's central bank said in a statement.
17/10/2017 16:28
mancingbursa Foreigners throw kaw kaw drop 40 sen til now
19/10/2017 15:35
mancingbursa Mm....
19/10/2017 19:01
masterus Brent reached $59 above.
27/10/2017 10:59
ABSBOSS budget 2018 any benefit to petgas?
28/10/2017 19:34
masterus U.S. Oil & Gas Rig Count Falls As Brent Breaks $60

By Julianne Geiger - Oct 27, 2017, 12:16 PM CDT
As Saudi’s comments regarding the OPEC extension send the Brent Crude benchmark over $60 in mid-day trading for the first time in more than two years, oil and gas rigs in the United States fell for yet another week, according to Baker Hughes, dipping 4 rigs.

The total oil and gas rig count in the United States now stands at 909 rigs, up 352 rigs from the year prior, with the number of oil rigs in the United States increasing by 1 this week and the number of natural gas rigs decreasing by 5. Canada saw a decline of 11 in the number of active oil and gas rigs. The US oil rig count now stands at 737.

The spot price for WTI is also trading up to its highest level in six months, up 2.07% on the day at $53.73 at 12:30pm EST. Brent crude was trading up 1.61% at $59.99 at that time—more than $2 over last week’s close.

The price increase is largely thanks to Saudi Crown Prince Mohammed bin Salman’s non-specific backing of an extended OPEC deal, reassurances that the Aramco IPO is still on track, and his commitment to move the country beyond fossil fuels. Fears that the Iraqi vs. Kurd conflict may not find a quick end also lent support to prices.
29/10/2017 17:10
masterus Brent break $61 and above
01/11/2017 09:38
ABSBOSS tomorrow qtr result out...hope good result
01/11/2017 12:10
ABSBOSS mati oooo ini macam!!!!
06/11/2017 16:43
azfar8 what happen, yesterday drop quite a lot
07/11/2017 09:26
ABSBOSS epf buang la..nak bayar bonus govt servant xda wang
07/11/2017 10:47
chandra54 result tak bagus tu pasai lambat nak publish. tak boleh pakai lah counter ni. lari cepat
08/11/2017 14:56
ABSBOSS tak oayah lari terjun aja... hahaha
08/11/2017 21:38
ScrewDriver This counter is so funny, last 4 Q financial performance is better than 2013-2015,yet the price is no way close to the 2014 peak.
08/11/2017 22:00
MoneyUp888 http://www.klsescreener.com/v2/news/view/304213 Retard politicians as if our country economy isn't bad enough
09/11/2017 10:00
ABSBOSS today reach 18 again...
09/11/2017 22:58
ABSBOSS highest today 18.16 ...ini mesti sudah ada bau good news nih....
10/11/2017 11:47
ABSBOSS Aiya...result so so only...
10/11/2017 14:17
risenfall hopefully time for trend reversal, been downtrending for so long despite constant robust qr.
11/11/2017 19:25
ABSBOSS ini petgas sudah takda gas la....
13/11/2017 22:43
ivan9511 epf run liao
14/11/2017 19:22
Kingoffry Petgas now Saudi punya
15/11/2017 21:52
risenfall looks like bottom still far....
17/11/2017 12:01


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