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- Net Income: Petronas Gas reported a net income of 469.0 million ringgit for the second quarter.
- Revenue: The company achieved a revenue of 1.65 billion ringgit during the same period.
- Earnings Per Share (EPS): EPS for the second quarter stood at 23.7 sen.
- Analyst Ratings: The company has received five “buy” ratings, ten “hold” ratings, and zero “sell” ratings from analysts.
A look at Petronas Gas Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 4 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Petronas Gas shows a promising long-term outlook as indicated by its overall scores. With high rankings in Dividend, Resilience, and Momentum, the company is positioned well for steady growth and consistent returns for investors. The company’s focus on dividend payouts, strong resilience to market fluctuations, and positive momentum in its operations bode well for its future performance. While there may be room for improvement in areas like Value and Growth, the overall outlook for Petronas Gas appears solid.
As a company that processes and distributes natural gas components, Petronas Gas Berhad plays a crucial role in the energy sector. By extracting and transporting natural gas from offshore fields, the company not only provides essential utilities to petrochemical plants but also engages in trading activities. This strategic positioning within the energy supply chain contributes to its overall resilience and stability, reflected in the favorable Smart Scores in Dividend, Resilience, and Momentum. With a focus on expanding growth opportunities, Petronas Gas is set to navigate the evolving energy landscape with confidence.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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