Medco Energi Internasional Likely Tactical Oil Proxy in Indonesia -- Market Talk

Dow Jones
04/14

0336 GMT - Medco Energi Internasional is likely a tactical oil proxy in Indonesia in a higher-for-longer oil price environment, Bahana Sekuritas' Abdusshomad Cakra Buana says in a research report. The Indonesian oil and gas company looks well-positioned to capture upside from higher oil prices, with its EBITDA growing 20% in 2026 and sustained roughly 5% CAGR through 2028, the analyst estimates. Under the brokerage's base-case scenario for Brent crude to average around $85 a barrel in 2026, Medco Energi Internasional's average selling prices should increase by 26% this year, helped by factors including higher Corridor Block contribution. The brokerage initiates coverage of the stock with a buy rating and a target price of 2,200 rupiah. Shares are 0.3% lower at 1,645 rupiah. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 13, 2026 23:36 ET (03:36 GMT)

Copyright (c) 2026 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