Reported Earnings • May 16
First quarter 2026 earnings released: RM0.063 loss per share (vs RM0.023 loss in 1Q 2025) First quarter 2026 results: RM0.063 loss per share (further deteriorated from RM0.023 loss in 1Q 2025). Revenue: RM37.6m (down 65% from 1Q 2025). Net loss: RM20.1m (loss widened 169% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Petra Energy Berhad, Annual General Meeting, Jun 05, 2026 Petra Energy Berhad, Annual General Meeting, Jun 05, 2026, at 10:00 Singapore Standard Time. Location: jasmine junior ballroom, level c, one world hotel, first avenue, bandar utama city centre, 47800 petaling jaya, selangor darul ehsan, Malaysia Reported Earnings • Feb 24
Full year 2025 earnings released: RM0.27 loss per share (vs RM0.22 profit in FY 2024) Full year 2025 results: RM0.27 loss per share (down from RM0.22 profit in FY 2024). Revenue: RM282.3m (down 44% from FY 2024). Net loss: RM84.9m (down 220% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. New Risk • Feb 24
New major risk - Revenue and earnings growth Earnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (RM208.6m market cap, or US$53.5m). Upcoming Dividend • Dec 23
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 30 December 2025. Payment date: 28 January 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 19%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (3.4%). Announcement • Nov 28
Petra Energy Berhad Announces Single-Tier Interim Dividend for the Financial Year Ending 31 December 2025, Payable on 28 January 2026 Petra Energy Berhad announced Single-tier interim dividend of 1.0 sen per ordinary share for the financial year ending 31 December 2025. The above Company's securities will be traded and quoted "Ex - Dividend” as from: 30 December 2025, The last date of lodgment: 31 December 2025 and Date Payable: 28 January 2026. Declared Dividend • Nov 26
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 30th December 2025 Payment date: 28th January 2026 Dividend yield will be 7.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Nov 25
Third quarter 2025 earnings released: RM0.061 loss per share (vs RM0.096 profit in 3Q 2024) Third quarter 2025 results: RM0.061 loss per share (down from RM0.096 profit in 3Q 2024). Revenue: RM80.0m (down 40% from 3Q 2024). Net loss: RM19.5m (down 163% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Second quarter 2025 earnings released: RM0.06 loss per share (vs RM0.092 profit in 2Q 2024) Second quarter 2025 results: RM0.06 loss per share (down from RM0.092 profit in 2Q 2024). Revenue: RM58.0m (down 64% from 2Q 2024). Net loss: RM19.1m (down 165% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Apr 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (RM356.2m market cap, or US$82.6m). Announcement • Apr 24
Petra Energy Berhad, Annual General Meeting, May 26, 2025 Petra Energy Berhad, Annual General Meeting, May 26, 2025, at 11:00 Singapore Standard Time. Location: jasmine junior ballroom, level c, one world hotel, first avenue, bandar utama city centre, 47800 selangor, petaling jaya Malaysia Buy Or Sell Opportunity • Apr 04
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to RM1.14. The fair value is estimated to be RM1.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 72%. Board Change • Mar 04
High number of new directors Independent & Non Executive Chairman Ahmad Bin Salleh was the last director to join the board, commencing their role in the last week. Announcement • Mar 03
Petra Energy Berhad Appoints Tan Sri Ahmad Nizam Bin Salleh as Independent and Non Executive Chairman Petra Energy Berhad announced the appointment of Tan Sri Ahmad Nizam Bin Salleh as Independent and Non Executive Chairman, age: 69. Date of change is March 3, 2025. Major/Field of study: Business Administration, Institute/University. Advanced Management Program The Wharton School, University of Pennsylvania. 2021 - 2024: Chairman of Pelaburan Hartanah Berhad; 2018 - 2024:Chairman of KLCC Property Holdings Berhad; 2018 - 2021:Chairman of KLCC Holdings Berhad; 2018 - 2021:Chairman of KLCC REIT Management; 2018 - 2021:Chairman of Petroliam Nasional Berhad (PETRONAS); 2018 - 2021:Chairman of Yayasan PETRONAS; 2018 - 2021:Pro Chancelor of Universiti Teknologi PETRONAS; 2016 - 2018:Director of WZ Satu Berhad; 2010 - 2016 :Managing Director /CEO Engen Limited, South Africa;2007 - 2010 :Vice President, Corporate Services PETRONAS;2004 - 2007:Managing Director /CEO Malaysia LNG Group of Companies, PETRONAS;2002 - 2004:Senior General Manager Group Treasury, PETRONAS;1999 - 2002 :Senior General Manager Crude Oil Group, PETRONAS;1997 - 1999:General Manager Malaysia Crude Oil Marketing Division, PETRONAS;1991 - 1995:Deputy Project Director, LNG 2 Project PETRONAS;1988 - 1991 :Head of Projects, Tender & Contract Division PETRONAS;1986 - 1988:Project Coordinator Implementation & Coordination Unit, PETRONAS; and 1981 - 1986 :Held various positions in PETRONAS and its group including Economic and Investment Evaluation Department, Gas Development Division, Commercial Division PETRONAS Gas Berhad, Project Management Team PGU 1 and II projects. Declared Dividend • Feb 21
Dividend of RM0.04 announced Shareholders will receive a dividend of RM0.04. Ex-date: 5th March 2025 Payment date: 27th March 2025 Dividend yield will be 8.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 20
Full year 2024 earnings released: EPS: RM0.22 (vs RM0.16 in FY 2023) Full year 2024 results: EPS: RM0.22 (up from RM0.16 in FY 2023). Revenue: RM500.6m (down 9.6% from FY 2023). Net income: RM71.1m (up 35% from FY 2023). Profit margin: 14% (up from 9.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 11
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 18 December 2024. Payment date: 17 January 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (2.3%). Declared Dividend • Nov 23
Third quarter dividend of RM0.04 announced Shareholders will receive a dividend of RM0.04. Ex-date: 18th December 2024 Payment date: 17th January 2025 Dividend yield will be 11%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 22
Third quarter 2024 earnings released: EPS: RM0.096 (vs RM0.051 in 3Q 2023) Third quarter 2024 results: EPS: RM0.096 (up from RM0.051 in 3Q 2023). Revenue: RM133.7m (down 10% from 3Q 2023). Net income: RM30.8m (up 87% from 3Q 2023). Profit margin: 23% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Oct 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM414.0m (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (RM414.0m market cap, or US$98.1m). Upcoming Dividend • Sep 19
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: RM0.092 (vs RM0.051 in 2Q 2023) Second quarter 2024 results: EPS: RM0.092 (up from RM0.051 in 2Q 2023). Revenue: RM162.6m (down 12% from 2Q 2023). Net income: RM29.5m (up 82% from 2Q 2023). Profit margin: 18% (up from 8.8% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM430.1m (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (RM430.1m market cap, or US$97.2m). Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to RM1.59, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 13x in the Energy Services industry in Malaysia. Total returns to shareholders of 111% over the past three years. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: RM0.16 (vs RM0.041 in FY 2022) Full year 2023 results: EPS: RM0.16 (up from RM0.041 in FY 2022). Revenue: RM553.5m (up 49% from FY 2022). Net income: RM52.7m (up 303% from FY 2022). Profit margin: 9.5% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Apr 24
Petra Energy Berhad, Annual General Meeting, May 23, 2024 Petra Energy Berhad, Annual General Meeting, May 23, 2024, at 11:00 Singapore Standard Time. Location: Lavender Room, Level C,One World Hotel, First Avenue Lebuh Bandar Utama, Bandar Utama 47800 Petaling Jaya SELANGOR DARUL EHSAN Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees payable to the Non-Executive Directors amounting to RM498,000.00 from 24 May 2024 until the next AGM of the Company; and to discuss other matters. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to RM1.43, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 12x in the Energy Services industry in Malaysia. Total returns to shareholders of 88% over the past three years. Upcoming Dividend • Feb 29
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 29 March 2024. Trailing yield: 6.3%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.0%). New Risk • Feb 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (RM414.0m market cap, or US$86.6m). Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: RM0.17 (vs RM0.041 in FY 2022) Full year 2023 results: EPS: RM0.17 (up from RM0.041 in FY 2022). Revenue: RM553.5m (up 49% from FY 2022). Net income: RM53.2m (up 307% from FY 2022). Profit margin: 9.6% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jan 08
Upcoming dividend of RM0.04 per share at 6.1% yield Eligible shareholders must have bought the stock before 15 January 2024. Payment date: 14 February 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (2.0%). Announcement • Dec 15
Petra Energy Berhad Announces Special Dividend, Payable on 14 February 2024 Petra Energy Berhad announced the special single-tier dividend of 4.0 sen per share for the financial year ending 31 December 2023. Ex-Date is 15 January 2024, Entitlement date is 16 January 2024 and Payment date is 14 February 2024. Upcoming Dividend • Dec 14
Upcoming dividend of RM0.03 per share at 6.8% yield Eligible shareholders must have bought the stock before 21 December 2023. Payment date: 19 January 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 6.8%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.1%). Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: RM0.051 (vs RM0.076 in 3Q 2022) Third quarter 2023 results: EPS: RM0.051 (down from RM0.076 in 3Q 2022). Revenue: RM149.1m (up 12% from 3Q 2022). Net income: RM16.5m (down 32% from 3Q 2022). Profit margin: 11% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: RM0.051 (vs RM0.004 in 2Q 2022) Second quarter 2023 results: EPS: RM0.051 (up from RM0.004 in 2Q 2022). Revenue: RM184.8m (up 122% from 2Q 2022). Net income: RM16.2m (up RM14.8m from 2Q 2022). Profit margin: 8.8% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • May 23
First quarter 2023 earnings released: RM0.018 loss per share (vs RM0.064 loss in 1Q 2022) First quarter 2023 results: RM0.018 loss per share (improved from RM0.064 loss in 1Q 2022). Revenue: RM81.5m (up 86% from 1Q 2022). Net loss: RM5.89m (loss narrowed 71% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 20
Upcoming dividend of RM0.03 per share at 7.0% yield Eligible shareholders must have bought the stock before 27 March 2023. Payment date: 27 April 2023. Trailing yield: 7.0%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: RM0.041 (vs RM0.05 in FY 2021) Full year 2022 results: EPS: RM0.041 (down from RM0.05 in FY 2021). Revenue: RM370.7m (up 15% from FY 2021). Net income: RM13.1m (down 18% from FY 2021). Profit margin: 3.5% (down from 4.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Dec 13
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 20 December 2022. Payment date: 20 January 2023. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.4%). Announcement • Nov 22
Petra Energy Berhad Announces Single-Tier Interim Dividend, Payable on 20 January 2023 Petra Energy Berhad announced single-tier interim dividend of 2.0 sen per ordinary share for the financial year ended 31 December 2022. Ex-date is 20 December 2022, entitlement date is 21 December 2022 and payment date is 20 January 2023. Reported Earnings • Nov 22
Third quarter 2022 earnings released: EPS: RM0.076 (vs RM0.018 in 3Q 2021) Third quarter 2022 results: EPS: RM0.076 (up from RM0.018 in 3Q 2021). Revenue: RM133.4m (up 44% from 3Q 2021). Net income: RM24.3m (up 312% from 3Q 2021). Profit margin: 18% (up from 6.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Executive Director Simon Ong was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: RM0.004 (vs RM0.008 in 2Q 2021) Second quarter 2022 results: EPS: RM0.004 (down from RM0.008 in 2Q 2021). Revenue: RM83.1m (up 12% from 2Q 2021). Net income: RM1.39m (down 44% from 2Q 2021). Profit margin: 1.7% (down from 3.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • May 22
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: RM0.064 loss per share (down from RM0.016 loss in 1Q 2021). Revenue: RM43.8m (down 44% from 1Q 2021). Net loss: RM20.5m (loss widened 312% from 1Q 2021). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates by 192%. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Executive Director Simon Ong was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 14
Petra Energy Berhad, Annual General Meeting, May 25, 2022 Petra Energy Berhad, Annual General Meeting, May 25, 2022. Agenda: To consider proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and to consider proposed Renewal of Authority for the Company to Purchase its Own Shares. Upcoming Dividend • Mar 14
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 15 April 2022. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 21
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: RM0.05 (vs RM0.05 in FY 2020). Revenue: RM322.3m (down 24% from FY 2020). Net income: RM15.9m (flat on FY 2020). Profit margin: 4.9% (up from 3.8% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Feb 19
Petra Energy Berhad Announces Single-Tier Interim Dividend for the Financial Year Ended 31 December 2021, Payable on 15 April 2022 Petra Energy Berhad announced single-tier interim dividend of 2.0 sen per ordinary share for the financial year ended 31 December 2021. Ex-date is 21 March 2022, entitlement date is 22 March 2022 and payment date is 15 April 2022. Reported Earnings • Nov 22
Third quarter 2021 earnings: EPS and revenues exceed analyst expectations Third quarter 2021 results: EPS: RM0.018 (down from RM0.074 in 3Q 2020). Revenue: RM93.0m (down 37% from 3Q 2020). Net income: RM5.89m (down 75% from 3Q 2020). Profit margin: 6.3% (down from 16% in 3Q 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS RM0.008 (vs RM0.01 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: RM74.2m (up 5.2% from 2Q 2020). Net income: RM2.49m (down 19% from 2Q 2020). Profit margin: 3.4% (down from 4.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 14
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 21 June 2021. Payment date: 19 July 2021. Trailing yield: 4.3%. Within top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (1.8%). Announcement • May 19
Petra Energy Berhad Declares a Single Tier Interim Dividend for the Period Ending 31 December 2021, Payable on 19 July 2021 Petra Energy Berhad's board has declared a single tier interim dividend of 2 sen per ordinary shares of MYR 0.50 each on 320,942,200 ordinary shares for the period ending 31 December 2021, amounting to a dividend payable amounting to MYR 6,418,844. The dividend will be paid on 19 July 2021 to shareholders whose name appear in the Record of Depositors at the close business on 21 June 2021. Reported Earnings • May 19
First quarter 2021 earnings released: RM0.015 loss per share (vs RM0.065 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: RM77.8m (up 7.5% from 1Q 2020). Net loss: RM4.98m (loss narrowed 76% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS RM0.05 (vs RM0.19 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM422.4m (down 27% from FY 2019). Net income: RM16.0m (down 74% from FY 2019). Profit margin: 3.8% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 12
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 19 April 2021. Payment date: 17 May 2021. Trailing yield: 17%. Within top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 25
Full year 2020 earnings released: EPS RM0.047 (vs RM0.19 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM427.0m (down 26% from FY 2019). Net income: RM15.2m (down 76% from FY 2019). Profit margin: 3.6% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. 
