VELESTO ENERGY BERHAD

KLSE: 5243 (VELESTO)

Last update: 40 minutes ago

0.155

0.00 (0.00%)

Previous Close 0.155
Open 0.155
Volume 2,263,900
Avg. Volume (3M) 21,629,793
Market Cap 1,273,421,184
Price / Earnings (TTM) 5.17
Price / Earnings (Forward) 10.72
Price / Sales 0.850
Price / Book 0.530
52 Weeks Range
0.145 (-6%) — 0.315 (103%)
Earnings Date 25 Feb 2025 - 3 Mar 2025
TTM Dividend Yield 3.23%
Profit Margin 12.87%
Operating Margin (TTM) 23.81%
Diluted EPS (TTM) 0.030
Quarterly Revenue Growth (YOY) 40.90%
Quarterly Earnings Growth (YOY) 260.90%
Total Debt/Equity (MRQ) 13.69%
Current Ratio (MRQ) 2.02
Operating Cash Flow (TTM) 427.45 M
Levered Free Cash Flow (TTM) 181.98 M
Return on Assets (TTM) 5.10%
Return on Equity (TTM) 7.08%

Market Trend

Short Term Medium Term
Industry Oil & Gas Drilling (MY) Mixed Mixed
Oil & Gas Drilling (Global) Bearish Bearish
Stock VELESTO Bearish Bearish

AIStockmoo Score

0.4
Analyst Consensus 1.0
Insider Activity NA
Price Volatility 0.5
Technical Moving Averages 2.5
Technical Oscillators -2.5
Average 0.38

Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia and other countries.

Sector Energy
Industry Oil & Gas Drilling
Investment Style Small Value
% Held by Insiders 4.83%
% Held by Institutions 63.16%
52 Weeks Range
0.145 (-6%) — 0.315 (103%)
Price Target Range
0.170 (9%) — 0.340 (119%)
High 0.340 (BIMB, 119.36%) Buy
Median 0.210 (35.48%)
Low 0.170 (TA, 9.68%) Hold
Average 0.240 (54.84%)
Total 2 Buy, 1 Hold
Avg. Price @ Call 0.155
Firm Date Target Price Call Price @ Call
BIMB 03 Dec 2024 0.340 (119.35%) Buy 0.155
02 Dec 2024 0.340 (119.35%) Buy 0.155
KENANGA 02 Dec 2024 0.210 (35.48%) Buy 0.155
02 Oct 2024 0.300 (93.55%) Buy 0.195
TA 02 Dec 2024 0.170 (9.68%) Hold 0.155
04 Nov 2024 0.300 (93.55%) Buy 0.190

No data within this time range.

Date Type Details
24 Dec 2024 TheEdge PNB remains optimistic about Malaysian economy, FBM KLCI next year
24 Dec 2024 TheSun PNB remains optimistic about Malaysia’s economy and bourse next year
09 Dec 2024 TheEdge Forex gains and losses dominate 3Q reporting season
05 Dec 2024 TheEdge FBM KLCI review: Gamuda and 99 Speed Mart in, Genting and Genting Malaysia out
03 Dec 2024 TheEdge Velesto makes hay while upcycle lasts
02 Dec 2024 TheEdge Analysts downgrade Velesto Energy amid weaker charter rates, utilisation ahead
29 Nov 2024 TheEdge Carigali Hess suspends Velesto's Naga 8 jack-up rig contract as drilling work completed early
29 Nov 2024 TheEdge Public Bank, RHB Bank, Padini, QL Resources, LBS Bina, IGB, AAX, Panasonic, Velesto Energy, Sapura Energy, Phamarniaga and Hextar Industries
29 Nov 2024 TheEdge Velesto's share price skids despite 3Q profit jump as it flags slowing demand for jack-up rigs
29 Nov 2024 Announcement VELESTO ENERGY BERHAD ("VEB" OR THE "COMPANY") SUSPENSION OF THE CONTRACT FOR THE PROVISION OF 10K JACK UP DRILLING RIG FOR CARIGALI HESS DRILLING PROGRAMME ("CONTRACT")
29 Nov 2024 Announcement Quarterly rpt on consolidated results for the financial period ended 30/09/2024
29 Nov 2024 Announcement MEDIA RELEASE - VELESTO POSITIONS NAGA 8 FOR FUTURE OPPORTUNITIES
28 Nov 2024 TheEdge Cover Story: Local O&G sector buoyed by contracts, but oil price volatility looms
22 Nov 2024 Announcement VELESTO ENERGY BERHAD - UPDATE ON COMPLETION OF WRECK REMOVAL OF NAGA 7 RIG
21 Nov 2024 TheEdge Petronas Chem, Sime Darby Property, SD Guthrie, Perdana Petroleum, Sports Toto, Hap Seng Plant, RCE Capital, MyEG Services, Pos, UOA Devt, Amway, Formosa, Hextar Ind, Thong Guan, Kawan Food, RHB Bank, IFCA, Sapura Energy, Reservoir Link, Velesto, Zelan
20 Nov 2024 Announcement PRESS RELEASE - TECHNOLOGY COLLABORATION: VELESTO, PETRONAS, AND NOV ON DRILLING RIG AUTOMATION SYSTEM AND ROBOTICS
20 Nov 2024 TheEdge Velesto collaborates with Petronas to implement automation, robotics on its drilling rigs
07 Nov 2024 TheEdge Petronas signs MOUs to boost tech efficiency in exploration and production sector
29 Oct 2024 Announcement Additional Listing Announcement /Subdivision of Shares
22 Oct 2024 Announcement Additional Listing Announcement /Subdivision of Shares
04 Oct 2024 Announcement PRESS RELEASE - VELESTO SIGNS STRATEGIC MOU WITH SLB TO ENHANCE RIG CAPABILITIES
04 Oct 2024 TheEdge Velesto to further enhance rig capabilities via collaboration with SLB
04 Oct 2024 TheEdge HeiTech Padu, Pestech, Velesto, OCR, Kumpulan Jetson, Solar District Cooling, EG Industries, Sanichi, Aneka Jaringan and MyTech
03 Oct 2024 TheEdge Velesto completes periodical works on Naga 6 rig on schedule
03 Oct 2024 TheEdge Velesto, MPHB, Kuchai, Sungei Bagan, Lay Hong, Atlan, Techna-X, MyEG, Harrisons, Maybank and Varia
01 Oct 2024 TheEdge MOGSC seeks RM3 bil financing for O&G sector in Budget 2025
Show more
TTM Dividend Yield 3.23%
5Y Average Dividend Yield 0.00%
Payout Ratio 9.36%
Expected Next Dividend Payment May 2025
Ex Date Announcement Date Payment Date Details
29 Oct 2024 29 Aug 2024 28 Nov 2024 0.0025 Cash
24 Apr 2024 27 Feb 2024 24 May 2024 0.0025 Cash
26 Dec 2014 24 Nov 2014 15 Jan 2015 0.01 Cash

Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2024 0.005 2 3.23
2015 0.010 1 0.96

The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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