Velesto Energy

VELESTO

MYL5243OO000

Oil & Gas Drilling

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
0.26 ^MYR	-3.70%		-5.45%	+13.04%

Feb. 27	Velesto Energy Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI
Feb. 27	Velesto Energy Berhad Announces Single-Tier Interim Dividend in Respect of the Financial Year Ended 31 December 2023, Payable on 24 May 2024	CI

Velesto Energy Berhad Appoints Datuk Ling Kien Sing as Independent and Non Executive Director

November 29, 2021 at 07:33 am EST

Velesto Energy Berhad appointed DATUK LING KIEN SING as Independent and Non Executive Director. Date of change: 29 November 2021.

Latest news about Velesto Energy

Velesto Energy Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 27	CI
Velesto Energy Berhad Announces Single-Tier Interim Dividend in Respect of the Financial Year Ended 31 December 2023, Payable on 24 May 2024	Feb. 27	CI
Velesto Energy Berhad Announces Changes in Board of Directors' Committees Composition	Feb. 02	CI
Velesto Energy Berhad Appoints Encik Alan Hamzah Sendut as Independent and Non Executive Director	Feb. 02	CI
Velesto Energy Berhad Appoints Encik Alan Hamzah Sendut as Independent and Non Executive Chairman of Audit Committee	Feb. 02	CI
Velesto Energy Berhad Announces Resignation of Tong Poh Keow as Independent and Non Executive Chairman of Audit Committee	Nov. 30	CI
Velesto Energy Berhad Announces Resignation of Tong Poh Keow as Independent and Non Executive Director, Effective on December 1, 2023	Nov. 30	CI
Velesto Energy Berhad Announces Resignation of Tong Poh Keow as Independent and Non Executive Member of Nomination and Remuneration Committee, Effective on December 01, 2023	Nov. 30	CI
Velesto Energy Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 29	CI
Velesto Energy to Grant Share Options to Employees, Directors	Nov. 07	MT
Velesto Energy Berhad Announces Cessation of Office of Encik Mohd Irwan Bin Ahmad Mustafa @ Mustafa as Member of Risk Committee	23-09-01	CI
Velesto Energy Berhad Announces Appointment of Encik Fadzihan Abbas Bin Mohamed Ramlee as Member of Risk Committee	23-09-01	CI
Velesto Energy Berhad Announces Cessation of Office of Mohd Irwan Bin Ahmad Mustafa @ Mustafa as Member of Nomination and Remuneration Committee	23-09-01	CI
Velesto Energy Berhad Appoints Encik Fadzihan Abbas Bin Mohamed Ramlee as Member of Nomination and Remuneration Committee	23-09-01	CI
Velesto Energy Berhad Announces Resignation of Encik Mohd Irwan Bin Ahmad Mustafa @ Mustafa as Non Independent and Non Executive Director	23-09-01	CI
Velesto Energy Berhad Appoints Encik Fadzihan Abbas Bin Mohamed Ramlee as Non Independent and Non Executive Director	23-09-01	CI
Velesto Energy Berhad Appoints Puan Nadzrin Alia Binti Md Azizis as Non Independent and Non Executive Director	23-09-01	CI
Velesto Energy Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-29	CI
Velesto Energy Bags $13 Million Drilling Services Deal	23-07-12	MT
Velesto Energy Bags $10.9 Million Deal from Vestigo Petroleum	23-06-02	MT
Velesto Energy Turns to Profit in Q1	23-05-26	MT
Velesto Energy Berhad Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-25	CI
Velesto Energy Bags $128Million Deal from PETRONAS Carigali	23-05-09	MT
Velesto Energy Turns to Loss in Q4	23-02-28	MT
Velesto Energy Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	23-02-27	CI

Velesto Energy Berhad is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry. The Company owns and operates six jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet. The Company is also a provider of workover services through its fleet of hydraulic workover units. In addition, it provides integrated drilling and workover services to meet its clientsâ requirements. The Company has four segments. The drilling services segment is principally involved in the provision of drilling services to the upstream oil and gas sector. This segment owns and operates several drilling rigs. The integrated services segment principally provide hydraulic workover operation. The oilfield services segment principally provides oil country tubular goods threading, repair and inspection services. The others segment is involved in investment holding, provision of support services, management and corporate services.

Sector

Oil & Gas Drilling

Calendar

2024-05-21 - Q1 2024 Earnings Release (Projected)

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Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.26 MYR

Average target price

0.325 MYR

Spread / Average Target

+25.00%

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Other Oil & Gas Drilling

Velesto Energy

Equities

VELESTO

MYL5243OO000

Oil & Gas Drilling

Velesto Energy Berhad Appoints Datuk Ling Kien Sing as Independent and Non Executive Director

Latest news about Velesto Energy

Chart Velesto Energy

Company Profile

Income Statement Evolution

Ratings for Velesto Energy

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Oil & Gas Drilling