Additionally, PetGas is in the value chain that provides access to relatively cleaner gas, said TA Securities.
KUALA LUMPUR: Despite its lower second quarter (Q2) earnings for financial year 2021 (FY21), Petronas Gas Bhd
(PetGas) could remain an appealing bet for investors amid the prolonged economic recovery.
The company continues to offer decent dividend yields and a large part of its income comes from secured, long-term sources. About 90% of the group’s earnings are derived from fixed regulated tariffs from gas transportation assets and long-term agreements with Petronas for its regassification and processing businesses.
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