PETRA ENERGY BHD

KLSE (MYR): PENERGY (5133)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.88

Today's Change

+0.01 (1.15%)

Day's Change

0.88 - 0.885

Trading Volume

249,400

Overview

Market Cap

283 Million

NOSH

322 Million

Avg Volume (4 weeks)

264,055

4 Weeks Range

0.86 - 0.91

4 Weeks Price Volatility (%)

40.00%

52 Weeks Range

0.76 - 0.985

52 Weeks Price Volatility (%)

53.33%

Previous Close

0.87

Open

0.88

Bid

0.88 x 183,200

Ask

0.885 x 51,500

Day's Range

0.88 - 0.885

Trading Volume

249,400

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2023 [#3] | 24-Nov-2023

Next QR | Est. Ann. Date

31-Dec-2023 | 23-Feb-2024

T4Q P/E | EY

8.15 | 12.27%

T4Q DY | Payout %

6.80% | 55.44%

T4Q NAPS | P/NAPS

1.26 | 0.70

T4Q NP Margin | ROE

6.61% | 8.59%

Market Buzz
Company Profile

Sector: ENERGY

Sector: ENERGY

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES

Description:

Petra Energy Bhd is an investment holding company which provides a range of integrated brownfield services for the upstream oil and gas industry in Malaysia. It operates through Services, Marine Assets, and Production and Development and Production segments. The company offers services in construction commissioning and maintenance, engineering, operations and maintenance, oil field optimization, retrofits, domestic vessels re-charter, geophysical, design, and fabrication of process equipment; and packaging and supply of engineered equipment, as well as project management, procurement, and logistic services.

Discussions
6 people like this. Showing 50 of 2,552 comments

StartOfTheBull

True or false?
xxxxxxxxx
pang72

45,628 posts

Posted by pang72 > 1 week ago | Report Abuse

If he got profit to take then congrats him.
He lose too much previous years, need to get back some money

2023-02-13 09:27

nicholas99

uncle run already?

2023-02-13 10:55

I_like_dividend

Dayang RM 1.55 despite EPS 1.34 sen worse than Penergy last qtr 7.57 sen EPS. Dayang dividend 1.5 sen vs Penergy 2 sen.

2023-02-17 04:31

StartOfTheBull

Technically, at present ROI in Penergy is 70% more than Dayang. Investment decision based on historical charts maybe the reason share price of Penergy far behind compared to Dayang.

2023-02-17 06:36

I_like_dividend

Ask GPS to withdraw support to Anwar PH only Penergy can move? Uncle KYY can help?

2023-02-17 09:35

I_like_dividend

KYY when PM-X visit Tambun the next time please see him and tell him the problem Urusharta Jamaah selling Penergy near RM 1. Dayang no such problem so continue high price?

2023-02-17 09:39

I_like_dividend

So in other words staffs manning Urusharta Jamaah(CEO?) and maybe EPF must be changed?

2023-02-17 09:41

StartOfTheBull

It is hinted how bad is Malaysia local bourse. Some stocks badly undervalued risking for being takeover.
https://www.freemalaysiatoday.com/category/nation/2023/02/17/privatising-petronas-will-lead-to-takeover-warns-ex-treasury-man/

2023-02-17 11:48

yewyin33

If you read my last article "Why Petra Energy price is going up" carefully, you will know that it has 3 oil rig maintenance contracts with Petronas, Petronas Carigali and Sarawak Oil extended for 1-2 years. That means it will continue to report increasing profit in the next few quarters.
One big investor put 100,000 shares to sell at 88 sen just before the end of trading today to stop its price to go up because he wants to buy it cheaper. Koon Yew Yin

2023-02-17 17:14

I_like_dividend

3 sen dividend is better than last quarter 2 sen. DY better than FD can add further.

2023-02-23 17:44

trader808

1. I do not have shares in Penergy but have the itch and desire to write an opinion and post it.
2. Penergy has just announced its 4th quarter result. It reported a revenue of 110m and a profit after tax of 7.9m which is less than market expectation. It is therefore,not entirely wrong to say Penergy had a missed quarter performance.

3.Nonetheless, on a full year basis the company has managed to achieve a revenue of 370m and generated a profit after tax of 13.07m
4. The company has issued share capital of 321m. Its earning per share is 4.06 sen. At the current price of 83 sen, it is therefore trading at a price earning multiple of 21.78x
5. Considering that the Bursa PE is between 13x to 15x, Penergy is thus somewhat fully valued.
6. The company has a sound and strong balance sheet. Its net tangible assets is 1.21.
7. For the current year it has paid out 2 sen dividend and also declared another 3 sen final dividend in the 4th quarter.
8. The company has a surprisingly impressive cash and bank balances of a massive amount of Rm184.8m. And more impressively, it has no long term debts and borrowings but short term liabilities of Rm36m that does not have significant financial burden and impact.

9. Despite its less than favorable profit performance, Petra was able to generate a remarkable and commendable net cash flow from its operating activities of a massive amount of Rm65.69m

10. On the whole, the company's business is still profitable and sustainable. It has a healthy balance sheet with sound financial ratios. The business continued to generate free and net cash flow.
11. The 4th quarter less than impressive profit performance is just a temporary setback.
12. A knee jerk sell down is not unexpected. Nevertheless, it is not surprising.

13. Therefore the sell down and fall in price is not alarming. In stead it opens up an opportunity for you to buy cheap for long term value investing.

14 This is my personal perception and opinion of the counter. It may be wrong. Trade cautiously.

26/2/2023




2023-02-26 22:00

StartOfTheBull

The job contracts are there but the company need to rationally improve it operating expenses in order to boost its profitability or will be left behind.

2023-03-02 12:32

StartOfTheBull

How will O&G perform today?

2023-03-07 08:55

5354_

2023-03-14

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.

2023-03-14

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.

2023-03-14

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.

2023-03-14

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.

2023-03-14

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.

2023-03-14

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.

2023-03-14

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.

2023-03-14

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.

2023-03-14

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.

2023-03-14

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.

2023-03-14

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.

2023-03-14

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.

2023-03-14

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.

2023-03-14

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.

2023-03-14

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.

2023-03-14

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.

2023-03-14 17:03

5354_

2023-03-17

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.

2023-03-17

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.

2023-03-17

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.

2023-03-17

Insider

TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.

2023-03-17

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.

2023-03-17

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.

2023-03-17

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.

2023-03-17

Insider

SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.

2023-03-17

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.

2023-03-17

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.

2023-03-17

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.

2023-03-17

Insider

SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.

2023-03-17

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.

2023-03-17

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.

2023-03-17

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.

2023-03-17

Insider

OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.

2023-03-17 22:01

StartOfTheBull

LETTER OF AWARD CONTRACT OF THE PROVISION OF ACCOMMODATION WORK BOAT (AWBOAT)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3337564

2023-03-18 13:56

StartOfTheBull

AND ANOTHER LETTER OF AWARD CONTRACT OF THE PROVISION OF ACCOMMODATION WORK BOAT (AWBOAT)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3337560

2023-03-18 13:58

StartOfTheBull

Still staying strong.

2023-03-20 21:08

StartOfTheBull

Penergy = perlahan perlahan energy?

2023-03-22 14:50

sarawakian63

Petros why cannot give work?

2023-03-23 11:33

success2628

Post removed.Why?

2023-04-04 07:23

NinjaInPyjamas

Oil and gas sector is badly understood. Spike in oil price wont affect service compannies. Even more so now as nobody wants to work in this industry. Its going to be bullish for many years to come

2023-04-06 20:36

StingRay

Not nobody want to work in this industry. Just that the skillset required for this industry pretty fussy. And the rules are strict. Many of our good engineers are working outside Malaysia.

2023-04-06 21:23

StingRay

Obviously will be bullish for engineering firm for OnG. Petronas has planned to spent RM300b for capex investment for the next 5 years.

2023-04-06 21:25

5354_

GPS pullout from Kerajaan Perpaduan possible?

2023-05-09 03:43

success2628

Post removed.Why?

2023-07-25 08:49

mrcrab

Good QR !!

2023-08-23 17:41

mrcrab

Time to catch up with Dayang

2023-08-25 10:38

5354_

Why drop on good QR? Is it GPS must pullout from Unity Govn?

2023-08-25 11:47

NinjaInPyjamas

Anyone working in OFS here? Is the industry lacking in technical staffing locally? Any updates or news on SK433?

2 months ago

daretocutandchange

lagged behind to other oil n gas , uzma and carimin already broke three years high.

2 months ago

NinjaInPyjamas

But management quality, balance sheet, cashflows and dividends are better than carimins and Uzma's

2 months ago

daretocutandchange

be patient,or else ovh can watch out too if dare to ............

2 months ago

mrcrab

Laggard

2 months ago

bullrun168

Horrey, Super damn hot Penergy today !

Now Penergy already at
0.945 (+0.025) (+2.7 %)

2 months ago

NinjaInPyjamas

Shouldn't be hard to surpass Yr2019 earnings, either this year or next whilst getting more jobs on the way.

2 months ago

daretocutandchange

third times touch 94.5cts,hope can go to north.

2 months ago

cheoky

looking for freelance welders. too many jobs to cope.. can you be like bro dayang?

2 months ago

pang72


pang72

Because long term oil will drop as agreed by opec.. Weak demand next year

1 month ago

5354_

Still a laggard. PM-X not scared GPS(TPM Fadillah Yusof brother ctr) pullout from unity govn?

1 month ago

LCLY

Today will up 10%. RM1.20 by next week

1 month ago

Jnlee

going to Rm1.....

1 month ago

5354_

3 sen dividend announced better than Dayang 1.5 sen despite >80 sen cheaper.

2 weeks ago

daretocutandchange

excluded 12m impairment eps should be 8.8cts this quarter

2 weeks ago

SincereStock

entered this counter for the first time at open price 0.885

2 weeks ago

SincereStock

fundamental good O&G counter, definitely better than DAYANG especially in the espect of PE and DY

2 weeks ago

SincereStock

stock price should be on par with DAYANG, trading at half of DAYANG price means this stock super undervalued

2 weeks ago

SincereStock

those from DAYANG if you watching jangan malu2 jump over ya, we got 3sen dividend here ^_^ nothing to be ashamed to be a frog in stock investment, this is no politic

2 weeks ago

Chionh

遗珠股

1 week ago

Post a Comment