Highlights
KLSE: PETGAS (6033)       PETRONAS GAS BHD MAIN : Utilities
Last Price Today's Change   Day's Range   Trading Volume
17.92   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 35,459 Million
NOSH: 1,979 Million
Avg Volume (4 weeks):1,204,893
4 Weeks Range:14.78 - 19.00
4 Weeks Price Volatility (%):
94.32%
52 Weeks Range:13.36 - 19.00
52 Weeks Price Volatility (%):
94.32%
Average Price Target: 16.34
Price Target Upside/Downside: -1.58

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#1]  |  20-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  27-Aug-2020
T4Q P/E | EY: 19.83  |  5.04%
T4Q DY | Payout %: 4.58%  |  90.75%
T4Q NAPS | P/NAPS: 6.5611  |  2.73
T4Q NP Margin | ROE: 32.83%  |  13.77%

Headlines

Date Subject
22-May-2020 Petronas Gas - Result in Line
21-May-2020 Mplus Market Pulse - 21 May 2020
21-May-2020 Petronas Gas Berhad - Steady Earnings Trajectory
21-May-2020 Petronas Gas - 1QFY20 Inline; High Earnings Certainty
21-May-2020 Petronas Gas - Lower-than-expected IBR impact
15-May-2020 Gas Malaysia Bhd - 1QFY20 Inline
06-May-2020 Oil & Gas - Is the worst over?
10-Apr-2020 Oil and Gas - Holding Hands for a Further 2 Years
07-Apr-2020 They are Petronas-linked stocks, but they are not all about crude oil
02-Apr-2020 Utilities - Keep It Flowing
28-Mar-2020 下跌股:国油气体RM15.24支撑
20-Mar-2020 [转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing
10-Mar-2020 Oil & Gas - Waging a War
04-Mar-2020 Oil & Gas - Volatile 4Q performance amid oil price drop
27-Feb-2020 Oil & Gas-Sector - Petronas’ lower dividends belie rising capex cycle
19-Feb-2020 Petronas Gas - 4Q19: Results in Line
19-Feb-2020 Petronas Gas Berhad - Earnings Boosted by Gas Processing and Utilities
19-Feb-2020 Petronas Gas - Internal Gas Consumption Belies Transportation Decline
19-Feb-2020 PublicInvest Research Headlines - 19 Feb 2020
19-Feb-2020 Petronas Gas - FY19 Inline; Flattish Forward Earnings

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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  J.EL likes this.
 
powerinvestor sell gas but no more gas
05/09/2019 8:07 PM
masterus $100 Oil? Drone Strikes Halt Half Of Saudi Crude Production

Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco early Saturday morning, the kingdom's interior ministry said, sparking a massive fire at a crude processing plant essential to global oil supplies.

The closure will impact nearly 5 million barrels of crude processing per day, affecting 5 percent of the world's daily oil production. And while Aramco is confident that it can recover quickly, if it can't, however, the world could face a production shortage of as much 150MM barrels per month. An outcome which could send oil prices into the triple digits.
15/09/2019 10:16 AM
tkl88 Countdown 2 days to 11/10/2019 (Friday)'s super prosperous budget 2020 !
Huat ah ! Heng ah ! Ong ah !
09/10/2019 10:01 AM
tkl88 Good news for KLSE and Malaysia's economy with budget 2020...
Like that our KLSE will spike up to break above 1,800 points ~ 2,000 points after budget i.e year 2000, 2021 and etcs

Mega project boost for budget Thursday, 10 Oct 2019
https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget
10/10/2019 11:09 AM
tkl88 Fed Cuts Rates a Quarter Point, Powell Says Policy in Good Place
https://www.bloomberg.com/news/articles/2019-10-30/fed-cuts-rates-by-quarter-point-while-hinting-at-a-policy-pause

Wow, US cuts interest rate again, like that Malaysia will follow soon !
Lower interest rate is good for stock market and all other sector to become bullish and prosperous !

Huat ah ! Heng ah ! Ong ah !
31/10/2019 10:27 AM
necro wow short selling....RM14
01/11/2019 6:39 PM
James Ng https://klse.i3investor.com/blogs/general/233374.jsp
[转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing
02/11/2019 7:16 PM
Jing Yong Lim 插个位先
多几天出业绩再分享...
14/11/2019 7:37 PM
limchimleong 阿林,很客气哦!
这里没问题啦!
26/11/2019 4:33 PM
PKok6655 Run run... boom coming soon fool guy.
28/11/2019 7:56 AM
danielleesing PETROLIAM Nasional Bhd (Petronas) yesterday reported a sharp 48% drop in third-quarter profit to RM7.42 billion as lower crude and gas prices, and impairment dragged the national oil company’s financials.

During the same quarter a year ago, the state-owned oil company posted a net profit of RM14.34 billion.

Revenue for the quarter ended Sept 30, 2019 (3Q19), fell 14% to RM55.11 billion from RM63.91 billion due to slower demand for oil and gas as the global economy slowed due to the unending China-US trade war.
28/11/2019 11:08 AM
James Ng https://klse.i3investor.com/blogs/general/247061.jsp
[转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing
12/12/2019 7:18 PM
LouiseS PETGAS's main business segments include natural gas processing, gas transportation, regasification and utilities.

Its earning performance has been overall steady in last five years, whereby its earning per share overall ranged from 87.9 sen to 100.4sen. PETGAS pays dividend consistently in the last five years, whereby dividend per share increased from 55 to 72 sen per share. In FY2018, total dividend paid to shareholders was 72 sen per share, amounting to a dividend yield of 4.36%. Currently the P/E ratio is ~18, which is not too high.

https://louisesinvesting.blogspot.com/2020/01/comments-on-petronas-gas-bhd-0189.html
20/01/2020 12:21 PM
DickyMe "".. The production capacity can reach 750,000 cars, and Shanghai can produce 500,000 cars. Tesla can achieve 500,000 units in 2020, and may exceed 750,000 units in 2021. It is not a problem to produce over 1 million AI electric vehicles in 2022. Because of this, the major auto bosses can't help it, and spend money to produce more electric cars, hoping to stabilize their market demand"

Good bye to fossil fuel. Lithium ion technology is the next power generator."
22/01/2020 9:59 AM
Teo Cher Ming 32sen dividend (22 interim + 10 special)
18/02/2020 9:11 PM
tkl88 Walaoeh, hosei liao lah today !
Dow Jones spike up more than 1,000 pts again !
05/03/2020 7:06 AM
tkl88 DJI closed at
27,090.86 (+1,173.45) (+4.53 %) !

Huat ah ! Heng ah ! Ong ah !
05/03/2020 7:06 AM
Alfonso jom sapu laterr
16/03/2020 3:16 PM
moven00 Eh bagi dia Turun dulu....
17/03/2020 8:34 AM
ehteoh13 not a gd timing, cut lost first and reload and lower price
17/03/2020 8:05 PM
James Ng https://klse.i3investor.com/blogs/general/2020-03-20-story-h1485578082.jsp
[转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing
20/03/2020 9:58 PM
moven00 Eh eh macam tak percaya la...15+. Nanti kita tunggu Minggu depan. Kut kut local fund nak support ke. Diaorang deep pocket biarlah lawan arus n ombak
21/03/2020 4:30 PM
enigmatic ¯\_(ツ)_/¯ Shouldn't sales increase as people are forced to stay at home, hence using more gas?
01/04/2020 4:13 PM
gsi723 This should be one of the least impacted company.. its biz no relation with gas price...
01/04/2020 9:05 PM
i3lurker more and more people will burn wood to cook rice just like those Banglas.
01/04/2020 9:09 PM
Kawkaw This round can hit 12.80
No get no woman no cry
02/04/2020 2:27 AM
masterus Brent crude rebounded to $34 per barrel
05/04/2020 9:36 PM
RedEagle https://www.tadawul.com.sa/wps/portal/tadawul/markets/equities?locale=en
05/04/2020 11:29 PM
tkl88 Wow, Fabulous!
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44%) !
09/04/2020 7:04 AM
tkl88 Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41%)‬
Brent => $33.‪54 (+1.67) (+5.24%)‬
09/04/2020 7:06 AM
tkl88 Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com
09/04/2020 7:12 AM
masterus MELBOURNE/SINGAPORE: Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand.

Brent crude futures rose 1.2%, or 41 cents, to $33.25 a barrel as of 0529 GMT. The contract rose to an intra-day high of $33.90, climbing for a second day.
10/04/2020 9:16 AM
gsi723 this could be the only O&G that least impacted ...
13/04/2020 4:17 PM
masterus Wti crude : $14.70 per barrel.
Brent crude : $26.90 per barrel.
20/04/2020 9:25 AM
masterus Which crude oil do you want to buy.
As consumers, will buy cheaper one.
If home production one is expensive than imported one. Import crude oil better or use the home made production better. Guess what.
20/04/2020 9:29 AM
tkl88 Wow, Fantastic ! Dow Jones spike up to
closed at=> 23,475.82 (+456.94) (+1.99 percent) !
23/04/2020 8:07 AM
tkl88 Wow, Fantastic,
Oil price started it’s bull run again !

Nymex closed at=> $13.78 (rose +19%)
Brent closed at=> $20.37 (rose +5%)
23/04/2020 8:09 AM
tkl88 International oil prices rebound following Trump warning

April 22, 2020 8:09 pm by Myles McCormick and Joe Rennison in London, Hudson Lockett in Hong Kong and Matthew Rocco in New York

Brent bounces back from two-decade low after US president takes aim at Iranian vessels

Oil prices rebounded on Wednesday after Donald Trump stoked Middle East tensions, saying that he had ordered US warships to “shoot down and destroy” Iranian vessels if they posed a threat.
The US president’s intervention sent Brent crude back above $20 a barrel after the international benchmark had tumbled to its lowest level since 1999 on concerns over the collapse in global oil demand.
The declaration from Mr Trump also helped buoy the high-yield bond market, which is heavily exposed to the fate of energy companies. BlackRock’s iShare high-yield bond exchange traded fund, known by its ticker HYG, rose 1 per cent, having dipped 1.8 per cent on Tuesday.

“I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea,” Mr Trump wrote in a tweet.
The prospect of renewed tensions in the Middle East gave crude a lift during a week where prices have struggled to contend with an evaporation in demand triggered by the coronavirus pandemic.

Brent rose as high as $22.45 a barrel and settled at $20.37, up more than 5 per cent on the day. The energy sector helped lead a rally on Wall Street that sent the benchmark S&P 500 up 2.3 per cent following two days of falls. The tech-heavy Nasdaq Composite closed up 2.8 per cent.
West Texas Intermediate, the US marker, rose 19 per cent to $13.78 a barrel. It almost halved during the previous session and earlier in the week fell into negative territory for the first time as producers were forced to pay buyers to take oil off their hands ahead of the expiry of futures contracts.

Brent crude remains down about 27 per cent so far this week. Oil production levels have remained robust even as the virus destroys demand, creating a supply glut. An unprecedented cut of almost 10 per cent of global supply by Opec and its allies will take effect next month, but traders worry it is not enough to offset the collapse in consumption.
The head of the International Energy Agency on Tuesday called for the output reductions to be expedited and deepened. Opec members met by phone overnight, but there was no sign they would change their plans.
23/04/2020 8:12 AM
tkl88 Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 %)
09/05/2020 12:41 PM
tkl88 Wow, Fantastic !
Oil price continue to spike up to sky high!

Nymex closed at => $24.62 (+1.07) (+4.54 %)
Brent closed at => $30.88 (+1.42) (+4.82 %)

Huat ah ! Heng ah ! Ong ah !
09/05/2020 12:42 PM
mikeazk Anybody have idea why last 15 min the PETGAS price drop from 14.96 straight to 14.84, without even going thru 14.94, 14.92... etc?
12/05/2020 8:32 PM
mf Oil jumps 9% to $32 as June futures contract nears expiration
18/05/2020 8:42 PM
waikee oil 30 usd now
19/05/2020 10:01 AM
RezekiBanyak KLCI fail to beakthrough 1450 today, tmr all drop before long week end
21/05/2020 11:17 AM
newcomer1388 why this stupid share so strong
21/05/2020 1:01 PM
warrior Huat ah!
21/05/2020 1:03 PM
weiyk2004 newcomer1388 stupid as it is not speculative counter for you?
21/05/2020 1:09 PM
Kevin Tam What good news to push up so much ??
21/05/2020 3:28 PM
masterus Chinese Oil Imports To Rise In 2020 Despite Coronavirus

Despite the low oil demand during the COVID-19 outbreak in China, the world’s top oil importer is set to increase its crude oil imports by 2 percent in 2020
22/05/2020 6:35 AM
darkness 22. COMMENTARY ON PROSPECTS

last pharagraph....

"The current COVID-19 pandemic is not expected to significantly impact the Group’s overall earnings as the Group’s business model and long-term contracts ensures steady revenue streams, particularly for Gas Processing,Gas Transportation and Regasification business segments"

Petgas will be very defensive during the downturn....
28/05/2020 4:03 PM


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