PETALING JAYA: The oil and gas (O&G) sector’s outlook appears to be positive over the coming months, supported by an upward earnings trajectory, according to AmBank Research.
While the sector had a mixed report card in the recent second quarter (Q2’21) earnings season, the research house said the core net profits for eight out of the nine stocks it covers grew 30% quarter-on-quarter (q-o-q).
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