Soo Wing Hoe Investment Blog

Petra Energy price chart is up trend - Soo Wing Hoe

soowinghoe
Publish date: Thu, 29 Dec 2022, 04:18 PM
An investment blog where I post investment articles

Petra Energy share price chart below shows it is up trend. It should continue to go up trend because its latest EPS was 7.57 sen for the quarter ending September and 0.43 sen for its previous quarter. Its revenue jumped from Rm 83 million to Rm 133 million for the quarter ending September.

Comparison: Among all the 10 oil rig maintenance companies, Petra Energy is the best stock for investors as shown on the comparison below.

Petra Energy Berhad (“Group”) is an integrated brown field services provider with a proven track record spanning over two decades in providing a comprehensive range of services for the upstream oil and gas (O & G) industry. The Group also provides specialist services for the petrochemical and general industries in the domestic, regional and global markets.

Petra Energy, establised in 1988, is an integrated brown field service provider for the upstream oil and gas industry. The company provides a comprehensive range of integrated brown field maintenance & engineering; marine offshore support; design, fabrication supply & installation and engineering & project management services. Petra Energy is also involved in development and production activities of the Kapal Banang & Meranti cluster of small fields offshore Terengganu, under the small field risk service contract in partnership with Coastal Energy Company.

CORE BUSINESS

• Integrated brownfield maintenance & engineering specialising in top side major maintenance and hook-up, construction & commissioning

• Development & production (marginal oilfields)

• Subsea/IMR

• Brown field development

• Marine offshore support

• Design, fabrication, supply & installation

• Engineering & project management

ACCREDITATION AND CERTIFICATION ISO 9001 : 2008

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