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Velesto Energy Bhd

Velesto Energy Bhd

5243 · KLSE · Energy / Oil & Gas Drilling

0.175MYR+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close0.175
Open0.175
Day Range0.175 – 0.18
52-Week Range0.2002 – 0.3399
Volume873.90K
Market Cap1.82B
P/E (TTM)11.00
Forward P/E12.11
EPS0.02
Dividend Yield14.77%
Beta0.39
50-Day Avg0.2464
200-Day Avg0.2916

About

Velesto Energy Berhad, an investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally. It operates through two segments: Drilling Services and Others. The Drilling Services segment owns and operates a fleet of six premium jack-up drilling rigs capable of operating at water depths up to 400 feet, and drilling operations, well intervention, rejuvenation, repair, abandonment, and decommissioning services for exploration, development, and production wells. The Others segment provides oilfield services, including threading, inspection, and repair of Oil Country Tubular Goods, as well as specialised training and competency development programmes. The company also hydraulic workover units; operations and other engineering services for oil and gas exploration, development; and training and courses in relation to oil and gas drilling activities. In addition, it engages in the ownership and leasing of rigs. The company was formerly known as UMW Oil & Gas Corporation Berhad and changed its name to Velesto Energy Berhad in May 2018. Velesto Energy Berhad was founded in 1988 and is headquartered in Kuala Lumpur, Malaysia.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Drilling
  • CEOMr. Megat Zariman Bin Abdul Rahim
  • Employees144
  • HeadquartersPlaza Sentral, Kuala Lumpur, Malaysia, 50470, Malaysia
  • Websitehttps://velesto.com

Leadership

  • Mr. Megat Zariman Bin Abdul RahimPresident & Executive Director · b. 1967
  • Ms. Sapiee Binti SazlynaCFO & Joint Company Secretary · b. 1966
  • Mr. Norzaidi Mohd ZahidinVice President of Operations · b. 1974
  • Ms. Zulfa Ashida ZulkifliVice President of Human Resources, Digital, Technology & Information · b. 1970
  • Ms. Mi Ryoung Lee MAICSAGeneral Counsel, Legal and Secretarial & Company Secretary · b. 1976
  • Ms. Rozya AbdullahHead of Integrity Governance Unit & Compliance · b. 1986
  • Mr. Abdul Hadi Bin Abdul BariSenior Vice President of Drilling Business · b. 1976
  • Mr. Mohammad Hafiz SaparaniHead of Internal Audit · b. 1978
  • Ms. Irnie Yuslele TamamHead of Organisational Development & Business Process
  • Azrina SabtuHead of Risk Management and Senior Manager of Legal & Secretarial Division

Financials

Income Statement

Currency: MYR2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue348.81M550.27M724.34M737.75M1.01B839.88M321.05M586.65M573.80M670.76M546.94M377.51M580.85M1.21B1.36B892.97M
Growth (%)-+57.76%+31.63%+1.85%+37.57%-17.25%-61.77%+82.73%-2.19%+16.90%-18.46%-30.98%+53.86%+108.97%+12.08%-34.36%
Cost of Revenue158.31M90.25M119.28M157.12M211.85M325.71M345.53M332.37M250.93M271.38M280.15M209.51M291.61M848.36M846.00M479.76M
Gross Profit190.50M460.02M605.06M580.64M803.05M514.16M-24.48M254.28M322.87M399.38M266.79M168.00M289.24M365.46M514.44M413.21M
Gross Margin54.61%83.60%83.53%78.70%79.13%61.22%-7.63%43.34%56.27%59.54%48.78%44.50%49.80%30.11%37.81%46.27%
Operating Expense209.85M327.95M483.53M358.22M525.40M824.52M1.06B1.26B268.01M273.31M214.01M306.30M335.22M200.92M219.31M180.83M
Operating Income-19.35M132.07M121.53M222.41M277.65M-310.35M-1.08B-1.01B54.86M126.07M52.78M-138.30M-45.98M164.54M295.13M232.38M
Operating Margin-5.55%24.00%16.78%30.15%27.36%-36.95%-336.50%-172.26%9.56%18.79%9.65%-36.63%-7.92%13.56%21.69%26.02%
EBITDA33.81M183.61M186.84M319.97M443.35M-38.30M-771.84M-733.28M258.97M332.67M-169.46M114.43M117.84M369.21M546.51M445.81M
EBITDA Margin9.69%33.37%25.80%43.37%43.68%-4.56%-240.41%-125.00%45.13%49.60%-30.98%30.31%20.29%30.42%40.17%49.92%
Net Income-48.50M78.31M72.05M189.15M252.00M-369.28M-1.18B-1.13B-19.53M33.22M-491.73M-90.82M-100.40M99.53M207.71M202.18M
Net Income Margin-13.90%14.23%9.95%25.64%24.83%-43.97%-366.72%-192.11%-3.40%4.95%-89.91%-24.06%-17.29%8.20%15.27%22.64%
Interest Expense23.91M31.45M40.15M23.74M26.09M64.06M118.23M138.22M85.12M91.80M65.09M40.27M31.84M46.04M34.02M8.31M
Interest Expense % of Total Revenue6.86%5.72%5.54%3.22%2.57%7.63%36.83%23.56%14.83%13.69%11.90%10.67%5.48%3.79%2.50%0.93%

Balance Sheet

Currency: MYR2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.45B1.71B1.95B3.89B5.76B7.65B6.55B4.79B4.36B4.27B3.45B3.01B3.09B3.11B3.06B2.84B
Total Liabilities1.39B1.53B1.73B1.05B2.55B4.30B4.29B2.03B1.56B1.46B1.18B747.90M807.70M632.24M491.09M447.15M
Total Equity46.68M168.27M212.57M2.83B3.20B3.33B2.26B2.76B2.80B2.80B2.27B2.26B2.28B2.48B2.57B2.39B
Cash86.37M110.94M119.31M173.91M326.78M395.29M333.20M669.85M235.03M168.28M203.33M290.58M113.32M125.58M247.52M253.90M
Total Debt757.48M799.86M747.05M859.59M2.25B4.00B3.77B1.86B1.44B1.31B1.07B590.41M568.21M366.10M182.14M124.49M
Net Debt671.11M688.92M627.74M685.68M1.93B3.61B3.44B1.19B1.20B1.14B861.77M299.12M454.89M240.52M-65.38M-129.41M

Cash Flow

Currency: MYR2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.74M94.52M126.30M106.91M281.66M375.30M-63.95M-50.88M157.60M211.20M285.66M-29.12M-26.45M333.94M602.45M405.29M
Investing Cash Flow-180.19M-62.47M-358.47M-1.80B-674.92M-1.84B49.49M11.28M-172.43M-57.83M-25.31M524.74M-75.44M-113.64M-229.72M-183.53M
Financing Cash Flow193.48M-4.58M248.28M1.73B1.39B1.21B-647.60M415.19M-469.02M-167.41M-222.89M-463.37M-58.76M-230.03M-232.54M-204.56M
Capital Expenditure183.50M65.12M140.19M568.45M1.77B1.77B57.04M17.18M27.57M112.30M58.79M71.93M147.39M109.85M263.67M176.01M
Free Cash Flow-190.24M29.40M-13.88M-461.54M-1.49B-1.40B-120.99M-68.06M130.03M98.90M226.87M-101.05M-173.84M224.09M338.77M229.28M
Dividends Paid3.02M1.32M1.03M--21.62M0-------41.08M143.77M
FCF to OCF2821.31%31.10%-10.99%-431.72%-528.29%-372.45%189.18%133.76%82.50%46.83%79.42%347.04%657.35%67.11%56.23%56.57%
Dividend Paid to FCF-1.59%4.48%-7.40%---1.55%0.00%-------12.13%62.71%

Earnings

Report DateNov 27, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Dec 3, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Feb 24, 2016May 23, 2016Aug 22, 2016Nov 21, 2016Feb 27, 2017May 22, 2017Aug 22, 2017Nov 24, 2017Feb 27, 2018May 24, 2018Aug 20, 2018Nov 23, 2018Feb 27, 2019May 27, 2019Aug 26, 2019Feb 26, 2020May 20, 2020Aug 25, 2020Nov 26, 2020Mar 24, 2021May 31, 2021Aug 25, 2021Nov 29, 2021Feb 28, 2022May 25, 2022Aug 29, 2022Nov 29, 2022Feb 27, 2023May 25, 2023Aug 29, 2023Nov 29, 2023Feb 27, 2024May 23, 2024Aug 29, 2024Nov 29, 2024Feb 27, 2025May 27, 2025Aug 27, 2025Nov 29, 2025Feb 25, 2026May 25, 2026Sep 2, 2026
EPS Estimate---------------------------------------------------
EPS Actual0.030.030.020.030.030.030.010.000.00-0.18-0.03-0.03-0.06-0.41-0.05-0.020.00-0.320.00-0.00-0.000.00-0.000.000.000.00-0.000.00-0.06-0.010.00-0.010.00-0.01-0.010.00-0.000.000.000.000.010.010.010.010.010.010.010.010.010.000.00
Surprise---------------------------------------------------
Timing----------------------------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-market-After-hoursPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.82B
Enterprise Value1.99B
Trailing P/E11.00
Forward P/E12.11
PEG Ratio27.45
Price / Sales2.26
Price / Book0.85
EPS0.02
Book Value0.273
Revenue (TTM)805.80M
Gross Profit (TTM)707.02M
EBITDA337.96M
Profit Margin15.83%
Operating Margin1.71%
Return on Equity5.42%
Return on Assets3.20%
Shares Outstanding8.26B
Shares Float4.29B
Beta0.39
Dividend Yield14.77%
Dividend Rate0.03
Payout Ratio2.40%

Dividends

20263×
0.00Oct 19, 20260.01Jul 17, 20260.02Apr 23, 2026
20252×
0.01Oct 17, 20250.01Apr 24, 2025
20242×
0.00Oct 29, 20240.00Apr 24, 2024
20141×
0.01Dec 26, 2014

Stock Splits

  • Sep 20, 2017589:575