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Business 01 Nov 2018 | 12:00 AM

Earnings risks seen for PetGas from next year

PETALING JAYA: Despite its decent dividend yield, Petronas Gas Bhd’s (PetGas) earnings could come under pressure from next year onwards, says CIMB Research.

Corporate News 17 Oct 2018 | 12:00 AM

Impact on PetGas seen

PETALING JAYA: CGSCIMB said the coming plans to liberalise the gas market in Malaysia under the country’s Economic Transformation Programme (ETP) could affect Petronas Gas Bhd’s (PetGas) regasification and transportation divisions.

Corporate News 16 Aug 2018 | 1:03 AM

TPA may have Neutral impact on PetGas

KUALA LUMPUR: Kenanga Research maintained its Outperform call on Petronas Gas Bhd as it expects the upcoming Third Party Access (TPA) framework to have a neutral impact to the group as it does not impact the public, directly given that it deals only with businesses.

Corporate News 16 Aug 2018 | 12:00 AM

PetGas Q2 net profit up 20% on higher revenue

PETALING JAYA: Petronas Gas Bhd’s (PetGas) net profit rose by nearly 20% year-on-year (y-o-y) in the second quarter ended June 30, mainly on the back of higher revenue and lower tax expenses.

Corporate News 15 Aug 2018 | 6:01 AM

PetGas Q2 net profit grows 20% on contribution from new Pengerang terminal

KUALA LUMPUR: Petronas Gas Bhd's Q2 net profit rose nearly 20% to RM509.33mil from RM425.33mil in the previous corresponding quarter as group revenue was boosted by the new LNG regasification terminal in Pengerang, Johor.

Markets 01 Aug 2018 | 9:42 AM

Late push for KLCI as Digi, PetGas advance

KUALA LUMPUR: Blue chips chalked up firm gains on Wednesday, thanks to late buying of key stocks like Digi, Petronas Gas and IHH after staying in the negative zone most of the day.

Business 18 May 2018 | 12:00 AM

PetGas bottom line increases to RM483mil

PETALING JAYA: Petronas Gas Bhd (PetGas) recorded a 4.3%-higher bottom line at RM483.22mil in the first quarter ended March 31, largely on the back of its stronger revenue.

Markets 03 May 2018 | 1:34 AM

Blue chips struggle early Thursday, PetGas, HL Bank slip

KUALA LUMPUR: Blue chips struggled early Thursday after the selloff the previous day and with the 14th General Election looming, investors remained risk adverse.

Business 01 May 2018 | 12:00 AM

PetGas cuts capex to RM1.3bil

KUALA LUMPUR: Petronas Gas Bhd (PetGas) is reducing its capital expenditure slightly to RM1.3bil this year from RM1.4bil allocated last year, chairman Datuk Mohd Anuar Taib said.

Markets 23 Apr 2018 | 10:07 AM

KLCI closes lower as Maybank, PetGas, CIMB slip

KUALA LUMPUR: Bursa Malaysia joined most key Asian markets to end Monday on a cautious note as they remained wary following the rise in US Treasury yields which rose to the highest since Janaury 2014.