Malaysian Energy Potentially Undervalued Companies

Hibiscus Petroleum Berhad

Market Cap: RM 1.5b

Engages in the exploration, development, and sale of oil and gas in Peninsular Malaysia, Sabah, Malaysia, the United Kingdom, Brunei, Australia, and Vietnam.

Bumi Armada Berhad

Market Cap: RM 2.0b

An investment holding company, engages in providing floating production storage and offloading (FPSO) operations, and exploration, engineering, and maintenance services to offshore oil and gas companies.

Keyfield International Berhad

Market Cap: RM 1.1b

An investment holding company, engages in owning and chartering of its own and third-party vessels in Malaysia.

Wasco Berhad

Market Cap: RM 542.0m

Provides energy solutions worldwide It operates through Energy Services, Bioenergy Services, and Others segments.

Deleum Berhad

Market Cap: RM 461.8m

Engages in the oil and gas businesses in Malaysia, Indonesia, and internationally.

Perdana Petroleum Berhad

Market Cap: RM 323.0m

An investment holding company, provides offshore marine support services for the upstream oil and gas industry in Malaysia.

Dayang Enterprise Holdings Bhd

Market Cap: RM 1.8b

An investment holding company, provides offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services to oil and gas companies in Malaysia.

PSP Energy Berhad

Market Cap: RM 144.3m

Engages in the trading and distribution of fuel and lubricant products in Malaysia.

Avangaad Berhad

Market Cap: RM 391.2m

Owns and operates marine vessels for the transportation and offshore storage of oil and gas in Malaysia.

Handal Energy Berhad

Market Cap: RM 4.5m

An investment holding company, primarily provides integrated crane and pipeline isolation services to the oil and gas industry in Malaysia.

Petron Malaysia Refining & Marketing Bhd

Market Cap: RM 934.2m

Engages in the manufacture, marketing, and sale of petroleum products for retail and commercial customers in Peninsular Malaysia.

Hengyuan Refining Company Berhad

Market Cap: RM 1.1b

Engages in refining, manufacturing, and selling petroleum products in Malaysia.

Uzma Berhad

Market Cap: RM 232.4m

An investment holding company, operates as an integrated energy and technology company in Malaysia and internationally.

Orkim Berhad

Market Cap: RM 880.0m

An investment holding company, charters oil, chemical, and gas tankers.

T7 Global Berhad

Market Cap: RM 254.5m

Provides integrated services to the oil and gas, and related industries in Malaysia, the United Arab Emirates, Thailand, and rest of Southeast Asia.

Lianson Fleet Group Berhad

Market Cap: RM 1.6b

An investment holding company, provides vessel chartering, ship management, and offshore marine services to the oil and gas related industries in Malaysia, Singapore, Vietnam and Brunei.

Steel Hawk Berhad

Market Cap: RM 58.9m

An investment holding company, engages in the provision of onshore and offshore support services for the oil and gas (O&G) industry in Malaysia.

Vantris Energy Berhad

Market Cap: RM 776.1m

An investment holding company, provides integrated energy services and solutions in Malaysia, Asia, Australia, the Americas, the Middle East, Africa, and internationally.

Marine & General Berhad

Market Cap: RM 227.0m

An investment holding company, provides offshore marine support services for the upstream and downstream oil and gas industry in Malaysia.

Velesto Energy Berhad

Market Cap: RM 2.2b

An investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally.