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Corporate News 04 Dec 2016 | 9:34 AM

Oil and gas sector to still face volatile oil prices

KUALA LUMPUR: UOB Kay Hian Malaysia Research forecasts the oil and gas sector to still face volatile oil prices, with critical periods from January 2017, when OPEC’s output adjustments take effect.

Commodities 02 Dec 2016 | 12:00 AM

Oil and gas stocks rise on Bursa Malaysia on supplies cut pact

PETALING JAYA: The surprise agreement by the Organisation of the Petroleum Exporting Countries (Opec) to reduce oil production sparked a rally in crude prices as well as Bursa Malaysia’s oil and gas (O&G) counters.

Corporate News 01 Dec 2016 | 1:22 AM

Oil and gas stocks rally on OPEC deal, SK Petro leads

KUALA LUMPUR: SapuraKencana Petroleum led the battered oil and gas stocks higher early Thursday, hopefully kicking off December on a firm note, as investors cheered OPEC’s deal to reduce output.

Business 31 Oct 2016 | 12:00 AM

O&G services company Deleum: sees tough year ahead

PETALING JAYA: Oil and gas (O&G) services provider Deleum Bhd expects next year to be as difficult as this year although the prices of crude oil seem to have stabilised at higher levels.

Corporate News 26 Oct 2016 | 4:18 AM

Silver lining for Deleum in FY17, says MIDF Research

KUALA LUMPUR: MIDF Equities Research is still positive on the outlook of Deleum Bhd, buoyed by a strong orderbook of RM2.9bil representing a burn-rate of around four years.

Business 15 Oct 2016 | 12:00 AM

Deleum to be taken over?

Company confirms interest from bidders for 37.4% stake

Corporate News 10 Oct 2016 | 12:37 AM

Trading ideas: Deleum, CME, REDtone, Pestech

KUALA LUMPUR: JF Apex Research expects Deleum, CME, REDtone and Pestech to be among the stocks to watch on Monday.

Markets 06 Oct 2016 | 2:05 AM

Oil and gas stocks in focus, Perak Transit up on debut

KUALA LUMPUR: Lower liner oil and gas stocks were in play early Thursday, riding on the firm crude oil prices, while Perak Transit Bhd made a firm debut on the Ace Market of Bursa Malaysia.

Business 06 Oct 2016 | 1:26 AM

Breakfast briefing: Thursday, October 6

Breakfast briefing: Thursday, October 6

Business 06 Jul 2016 | 12:00 AM

MIDF sees Deleum maintaining dividend payout ratio

PETALING JAYA: Deleum Bhd has consistently been distributing about 50% of its net profit as dividend, giving the stock a potential dividend yield of more than 5%, said MIDF Research in its recent report.