Velesto Energy Berhad 5243.KL · Stock Open Velesto Energy Berhad in new tab
Velesto Energy Berhad Analysis (5243.KL)
Is Velesto Energy Berhad a good investment? Velesto Energy Berhad (5243.KL) is currently trading at 0.2200 MYR. Market analysts have a consensus price target of 0.30 MYR. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 10.75. This relatively low multiple may signal that Velesto Energy Berhad is undervalued compared to historical market norms.
Earnings Schedule: Velesto Energy Berhad is expected to release its next earnings report on Dec. 2, 2026. The market consensus estimate for Forward EPS is 0.01.
For income investors, Velesto Energy Berhad pays a dividend yield of 15.63%. With a payout ratio of 194%, the dividend appears to be under pressure.
Investor FAQ
Does Velesto Energy Berhad pay a dividend?
Yes, it pays an annual dividend of 0.04 MYR (15.63% yield).
What asset class is Velesto Energy Berhad?
Velesto Energy Berhad is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
When is the next earnings date?
The next earnings date is projected to be Dec. 2, 2026. The company currently has a trailing EPS of 0.02.
Company Profile
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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.03 MYR
|
| Aug. 17, 2027 (estimated) | 0.0075 |
| May 24, 2027 (estimated) | 0.0225 |
| ▸2026 |
0.03 MYR
|
| Nov. 18, 2026 | 0.0025 |
| Aug. 17, 2026 | 0.0075 |
| May 22, 2026 | 0.0225 |
| ▸2025 |
0.02 MYR
|
| Nov. 18, 2025 | 0.0075 |
| May 23, 2025 | 0.0100 |
| ▸2024 |
0.01 MYR
|
| Nov. 28, 2024 | 0.0025 |
| May 24, 2024 | 0.0025 |
| ▸2014 |
0.01 MYR
|
| Dec. 26, 2014 | 0.0098 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Velesto Energy Berhad | Nov 18, 2026 | Upcoming | 0.0025 MYR |
| Velesto Energy Berhad | Aug 17, 2026 | Paid | 0.0075 MYR |
| Velesto Energy Berhad | May 22, 2026 | Paid | 0.0225 MYR |
| Velesto Energy Berhad | Nov 18, 2025 | Paid | 0.0075 MYR |
| Split Date | Split Ratio to 1 |
|---|---|
| Sept. 20, 2017 | 1.02 |
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