Energi Mega Persada's Gebang Block Gas Field Likely New Growth Driver -- Market Talk

Dow Jones
10/21

0056 GMT - Energi Mega Persada's Gebang Block gas field is likely a new gateway to growth, UOB Kay Hian analysts say in a research report. This block's first gas is targeted for 1H 2027 at 7 millions of barrels of oil equivalent per day and a planned ramp-up to 17 MMBOED by 2030, the analysts say. At 7 MMBOED, the block would account for around 15% of the upstream oil and gas company's current gas output, offering a medium-term uplift. The Indonesian company's reduction in cost of funds to 9.9% in 2024 from 15.05% in 2018 enables it to buy producing assets. The brokerage initiates coverage of the stock with a buy rating and a target price of IDR1,600.00. Shares last closed at IDR940.00. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

October 20, 2025 20:56 ET (00:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10