Highlights
KLSE: PETGAS (6033)       PETRONAS GAS BHD MAIN : Utilities
Last Price Today's Change   Day's Range   Trading Volume
19.28   -0.26 (1.33%)  19.24 - 19.62  1,452,200
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 38,148 Million
NOSH: 1,979 Million
Avg Volume (4 weeks):1,399,968
4 Weeks Range:18.32 - 20.00
4 Weeks Price Volatility (%):
57.14%
52 Weeks Range:16.28 - 20.00
52 Weeks Price Volatility (%):
80.65%
Average Price Target: 19.96
Price Target Upside/Downside: +0.68

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  30-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  26-Feb-2019
T4Q P/E | EY: 19.28  |  5.19%
T4Q DY | Payout %: 3.58%  |  68.99%
T4Q NAPS | P/NAPS: 6.5817  |  2.93
T4Q NP Margin | ROE: 38.34%  |  15.20%

Headlines

Date Subject
13-Dec-2018 Malaysia Strategy – 3Q18 Results Wrap
06-Dec-2018 国油气体 新TPA收费存隐忧
03-Dec-2018 Petronas Gas - Strong Utilities uplift
03-Dec-2018 Petronas Gas - Core Profit Lifted by New Regasification Terminal
03-Dec-2018 Petronas Gas Berhad - Another Record Revenue of RM1.4b
03-Dec-2018 PublicInvest Research Headlines - 3 Dec 2018
03-Dec-2018 Petronas Gas - 3Q18 In Line
30-Nov-2018 Petronas Gas' Q3 net profit jumps to RM499.81m
30-Nov-2018 Petronas Gas - Potential IBR value dampener on good results
31-Oct-2018 Petronas gas price revision only applicable to home delivery services
14-Oct-2018 上升股:国油气体阻力RM19.70
18-Sep-2018 PETRONAS Gas (国油气体) - Ho Kok Mun 何国馼
13-Sep-2018 Technical Analysis - Petronas Gas
16-Aug-2018 Petronas Gas - Steady growth
16-Aug-2018 Petronas Gas Berhad - Sustained Asset Reliability at 99%
16-Aug-2018 Mplus Market Pulse - 16 Aug 2018
16-Aug-2018 Petronas Gas - Lower Tax Rate Lifted Sequential Profit
15-Aug-2018 Petronas Gas - Impending IBR impact dampens good results
29-Jul-2018 上升股:国油气体阻力RM19.46
18-Jun-2018 Oil & Gas Sector - Huge Kasawari project back on the radar

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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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 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 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
masterus Brent reached $79.38 per barrel.
17/05/2018 13:39
relaks Dunno post where this news.. Petronas vs Sarawak gomen
https://www.thestar.com.my/news/nation/2018/06/04/sarawak-govt-to-defend-states-right-following-suit-by-petronas/
05/06/2018 01:31
relaks If Petronas menang, kaya lah negara! $$$$$$$$$ Boleh bayar hutang RM1T dengan no problem!
05/06/2018 01:33
relaks https://www.nst.com.my/business/2018/06/376489/petronas-federal-court-define-our-rights-under-pda-1974
05/06/2018 01:43
ivan9511 shit, two months no see my Pgas already up so much
ok Keep growing

the very first time why I choose you becaUSE when I bot in Petgas is the most cheap Pgas amony other petronas ,

I comment buy long long long time ago

one of my buy call as belwo : 08/01/2018 15:49

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
31/07/2018 13:47
HOLLAN5222 sell high buy lower.
06/08/2018 19:00
masterus Brent prices reached $78/barrel
04/09/2018 15:39
Jasper Coo Good time to accumulate more and gain more profit :)
05/09/2018 10:56
masterus Brent reached $82-$83 per Barrel
01/10/2018 08:41
masterus prices jumping toward $100 a barrel this year

China initially rejected a U.S. request to choke off the flow of petrodollars to the Islamic republic but, amid intense pressure from the Trump administration, the Asian giant is now reportedly taking steps to comply.
OPEC kingpin Saudi Arabia is thought to be unable to fully offset global supply disruptions over the coming months.
And "this essentially leaves the world's only swing producer powerless to prevent a supply shock and subsequent price spike in the final quarter of this year," Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note published Monday.
02/10/2018 07:58
masterus Brent crude jumped to $81 per barrel
12/10/2018 13:19
apple168 Looks good
29/10/2018 18:31
Fiona35 Price- 18.28
Target: 18.75
Stop loss 17.75
RSI(14) Neutral 48.1
Stochastic(14) Neutral 74.2
Average Volume 8 M
Relative Volume 0.5

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31/10/2018 18:00
Godiva 30 billion dividen woahoo
08/11/2018 13:23
masterus WORLD BUSINESS & ECONOMY
U.S. natural gas prices surge on cold weather forecast
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15 hrs61 views0 comments


U.S. natural gas prices have jumped to their highest in nine months as forecast cold weather across much of the country has renewed traders concerns of the risks posed by low gas inventories going into winter.
08/11/2018 18:34
masterus Natural gas prices surge on surprise forecast for cold weather across US
Tom DiChristopher | @tdichristopher
Published 3:55 PM ET Tue, 6 Nov 2018
CNBC.com
Natural gas prices are surging after a big change to weather forecasts.
Colder-than-normal temperatures are expected to grip much of the United States in the coming days.
The forecast comes on the heels of a two-month rally in natural gas prices because of low U.S. stockpiles of the fuel.
08/11/2018 18:36
masterus Oil prices rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December, seen as a measure to halt a market slump that had seen crude decline by 20 percent since early October.

International benchmark Brent crude oil futures LCOc1 were at $71.11 per barrel at 0051 GMT, up 93 cents, or 1.3 percent from their last close.
12/11/2018 12:56
masterus Moneycontrol.com
Natural gas prices rise above $4 per MMBTU as seasonal demand approaches
Gas production has hit a record high in US but the rapid rise in exports has consumed a large part of the additional gas production

Moneycontrol News
@moneycontrolcom
18/11/2018 11:01
masterus Natural gas rise to $4.50.

https://oilprice.com/oil-price-charts/51
19/11/2018 10:06


 

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