PETALING JAYA: Malaysian oil and gas (O&G) companies are not directly afflicted by the oil price volatility, as they are service providers with operations in various segments along the value chain, according to CIMB Research.
“Service providers are not affected by the oil price volatility although SapuraKencana Petroleum Bhd and Dialog Group Bhd have exposure to the exploration and production (E&P) segment.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!