KLSE: PETGAS (6033)       PETRONAS GAS BHD MAIN : Utilities
Last Price Today's Change   Day's Range   Trading Volume
16.24   0.00 (0.00%)  0.00 - 0.00  0
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Market Cap: 32,135 Million
NOSH: 1,979 Million
Avg Volume (4 weeks):506,740
4 Weeks Range:15.94 - 16.94
4 Weeks Price Volatility (%):
52 Weeks Range:13.36 - 19.00
52 Weeks Price Volatility (%):
Average Price Target: 17.01
Price Target Upside/Downside: +0.77

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  19-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  19-Nov-2020
T4Q P/E | EY: 17.54  |  5.70%
T4Q DY | Payout %: 8.13%  |  142.57%
T4Q NAPS | P/NAPS: 6.6758  |  2.43
T4Q NP Margin | ROE: 33.78%  |  13.87%


Date Subject
22-Oct-2020 Petronas Gas - Islamic Debt Raising Presages Capital Optimisation
09-Oct-2020 上升股:国油气体 阻力RM17.78
07-Oct-2020 Oil & Gas Sector - Covid-19 Weighs On Long-term Oil Demand
05-Oct-2020 Utilities - Solid As A Rock
18-Sep-2020 PublicInvest Research Headlines - 18 Sept 2020
18-Sep-2020 Mplus Market Pulse - 18 Sep 2020
18-Sep-2020 Oil & Gas - Energy Transition Amid Covid-19 Constraints
07-Sep-2020 Oil & Gas - Petronas' Loss Crimps Dividend Prospects
04-Sep-2020 Oil & Gas - Turning The Corner
21-Aug-2020 Petronas Gas- Declared One Off High Special Dividend
21-Aug-2020 Petronas Gas - Resilient Amidst Adversity
21-Aug-2020 Mplus Market Pulse - 21 Aug 2020
21-Aug-2020 Petronas Gas- 1HFY20 Above; Surprise Special Div.
21-Aug-2020 Petronas Gas - Stable Earnings Underpin Stronger Dividend Expectation
21-Aug-2020 Petronas Gas- Doubling dividends from optimising capital structure
15-Aug-2020 热门股:国油气体 上挑RM16.44
14-Jul-2020 Oil & Gas - High risks amid oil price volatility
08-Jul-2020 下跌股:国油气体 RM16.50支撑
04-Jun-2020 [转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing
22-May-2020 Petronas Gas - Result in Line

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.
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


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

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
James Ng https://klse.i3investor.com/blogs/general/2020-06-04-story-h1508011642.jsp
[转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing
04/06/2020 9:23 PM
Lk036 Tis guy james only do reporting
04/06/2020 9:29 PM
pontianak Petgas kawan , apa cerita ? Ini boleh jadi rumah teduh masa ribut
23/06/2020 10:28 PM
alibaba007 oil up to usd 38 per barrel
25/06/2020 9:50 AM
mf U.S. Cases Up 1.4%; New Data on Kids and Contagion: Virus Update
Bloomberg News
19 July 2020, 06:53 GMT+8
Updated on 19 July 2020, 11:52 GMT+8
19/07/2020 12:46 PM
ABSBOSS https://www.theedgemarkets.com/article/high-court-grants-petronas-tnb-interim-stay-against-irb-multibillion-tax-claims?type=malaysia
10/08/2020 2:13 PM
OldWiseMan100 Post removed. Why?
12/08/2020 12:06 AM
sour_grape_so_sour utiity also down

MPI posibility speculation only
12/08/2020 7:42 AM
signalmw Foreigner back quite
17/08/2020 9:57 AM
ABSBOSS good for blue chip if FI coming
17/08/2020 7:02 PM
Lychien20 good QR and divident but no ppl goreng. natural gas price up a lot
19/08/2020 5:48 PM
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ Resilient. Declared a big dividend this qtr.
19/08/2020 7:32 PM
ABSBOSS https://www.theedgemarkets.com/article/petgas-2q-net-profit-rises-88-declares-16-sen-dividend?type=malaysia
19/08/2020 8:50 PM
chtan33 bumper dividend.... in long term, this is certainly a better stk than gloves, as its position is nearly monopoly, cost of entry is simply too high for any other competitor to come into this field
20/08/2020 8:29 AM
ABSBOSS @lychien20 many assume petgas will drop got IB gives price target 12.80 only.. We will see tomolo if special div will attract investor
20/08/2020 4:21 PM
Lychien20 yupp, buy before the div ex date then simply earn more than 6%
21/08/2020 8:01 AM
david8977 Good dividend
21/08/2020 5:56 PM
Beast3 https://klse.i3investor.com/servlets/ptres/56350.jsp
23/08/2020 8:33 PM
Beast3 Good dividen. Affim gave high TP also.
23/08/2020 8:35 PM
andr Buy and sleep on it.
25/08/2020 10:19 AM
tkl88 Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %) !‬
29/08/2020 8:01 AM
Sami_Value Petgas also defensive & dividend yield play but the setback was there is no strong growth catalyst foreseable
10/09/2020 3:23 PM
ABSBOSS Petgas maintain today....
11/09/2020 6:54 PM
ABSBOSS Oil going to usd 42 hope tomolo ada sikit lompat ini petgas
16/09/2020 4:25 PM
ABSBOSS Wah esok good for o
16/09/2020 11:57 PM
Shawalrich87 In long term , prospect in this counter look bright ..
18/09/2020 10:28 PM
ABSBOSS Nat gas rebound 3.00... Let see tomolo ada mari ka
21/10/2020 10:55 PM
Keyman188 What happening today !!!......

Why Bluechip become RedChip....kekeke......

Why Bluechip become Blue-Shit......kekeke......

Time to wake up lorr....

No more traditional bluechip liao......

No matter local or foreign institutions....all swift their funds to more defensive stocks not affected by pandemic & political uncertainty...

Wake up lorrr............
22/10/2020 10:55 AM
Keyman188 别人笑我太疯癫


People laugh at me too crazy

I laugh at others can’t see thoroughly

22/10/2020 11:31 AM

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