Sapura Energy set for better days ahead solidly backed by PNB

KUALA LUMPUR: Sapura Energy Bhd is set for a bigger boost on its future earnings potential now that Permodalan Nasional Bhd (PNB) has strengthened its grip on the oil and gas giant.

Analysts said Sapura Energy's future income is already locked in due to its long term contracts and the prospects of better crude oil prices.

"Sapura Energy is poised for brighter skies now that it has received a vote of confidence from state-owned fund and asset manager PNB.

"On top of that, Sapura is in the good

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Sapura Energy set for better days ahead solidly backed by PNB

2018-12-14 16:04

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