KUALA LUMPUR: Malaysia’s oil and gas sector is poised for a promising 2025, driven by robust sector earnings, strong domestic upstream activities, and potential mergers and acquisitions.
In a note yesterday, CIMB Securities Sdn Bhd expressed a positive view supported by the sector’s attractive forward price-to-earnings of 16.2 times, which is one standard deviation below the 10-year mean of 19.1 times, as reported by Bernama.
