Annuncio • May 22
PT Exploitasi Energi Indonesia Tbk, Annual General Meeting, Jun 29, 2026 PT Exploitasi Energi Indonesia Tbk, Annual General Meeting, Jun 29, 2026. Valuation Update With 7 Day Price Move • May 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to Rp47.00, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 21x in the Oil and Gas industry in Indonesia. Total loss to shareholders of 6.0% over the past three years. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: Rp3.31 (vs Rp3.87 in 1Q 2025) First quarter 2026 results: EPS: Rp3.31 (down from Rp3.87 in 1Q 2025). Revenue: Rp462.8b (up 8.9% from 1Q 2025). Net income: Rp29.6b (down 15% from 1Q 2025). Profit margin: 6.4% (down from 8.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Mar 30
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 Indonesian stocks, typically moving 14% 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: Major Risk Negative equity (-Rp1.1t). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (Rp555.3b market cap, or US$32.8m). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp57.00, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 16x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 14% over the past three years. Reported Earnings • Mar 09
Full year 2025 earnings released Full year 2025 results: Revenue: Rp1.86t (up 7.6% from FY 2024). Net income: Rp194.6b (up 167% from FY 2024). Profit margin: 10% (up from 4.2% in FY 2024). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to Rp74.00, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 17x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp65.00, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 19x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to Rp78.00, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 19x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to Rp46.00, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 17x in the Oil and Gas industry in Indonesia. Total loss to shareholders of 8.0% over the past three years. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: Rp2.27 (vs Rp3.27 in 3Q 2024) Third quarter 2025 results: EPS: Rp2.27 (down from Rp3.27 in 3Q 2024). Revenue: Rp413.6b (down 13% from 3Q 2024). Net income: Rp20.3b (down 31% from 3Q 2024). Profit margin: 4.9% (down from 6.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Commisionner Cahyo Putro was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 14
PT Exploitasi Energi Indonesia Tbk, Annual General Meeting, Jun 19, 2025 PT Exploitasi Energi Indonesia Tbk, Annual General Meeting, Jun 19, 2025. Location: jakarta Indonesia Reported Earnings • Oct 30
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: Rp477.7b (down 4.0% from 3Q 2023). Net income: Rp29.2b (up Rp96.8b from 3Q 2023). Profit margin: 6.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. New Risk • Oct 09
New major risk - Revenue and earnings growth Earnings have declined by 4.1% 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 Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Negative equity (-Rp1.3t). Earnings have declined by 4.1% per year over the past 5 years. Market cap is less than US$10m (Rp53.7b market cap, or US$3.44m). Annuncio • May 09
PT Exploitasi Energi Indonesia Tbk, Annual General Meeting, Jun 13, 2024 PT Exploitasi Energi Indonesia Tbk, Annual General Meeting, Jun 13, 2024. Buy Or Sell Opportunity • May 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 84% to Rp8.00. The fair value is estimated to be Rp10.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 44%. Reported Earnings • Apr 28
First quarter 2024 earnings released First quarter 2024 results: Revenue: Rp429.6b (up 23% from 1Q 2023). Net income: Rp21.6b (up 125% from 1Q 2023). Profit margin: 5.0% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue. New Risk • Apr 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp152.3b (US$9.44m) This is considered a major 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: Major Risks Negative equity (-Rp1.3t). Market cap is less than US$10m (Rp152.3b market cap, or US$9.44m). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Reported Earnings • Mar 20
Full year 2023 earnings released Full year 2023 results: Revenue: Rp1.74t (up 27% from FY 2022). Net loss: Rp41.2b (loss narrowed 23% from FY 2022). New Risk • Aug 03
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Negative equity (-Rp1.3t). Minor Risk Market cap is less than US$100m (Rp447.8b market cap, or US$29.5m). Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Rp470.3b (up 16% from 2Q 2022). Net income: Rp16.7b (up Rp31.2b from 2Q 2022). Profit margin: 3.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Mar 22
Full year 2022 earnings released Full year 2022 results: Revenue: Rp1.38t (up 40% from FY 2021). Net loss: Rp53.5b (loss narrowed 27% from FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Vice President Director - Sudarwanta was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: Rp344.1b (up 56% from 3Q 2021). Net income: Rp144.7b (up Rp163.1b from 3Q 2021). Profit margin: 42% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Jul 27
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: Rp405.0b (up 94% from 2Q 2021). Net loss: Rp14.4b (loss narrowed 59% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director - Sudarwanta was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 14
Full year 2021 earnings released Full year 2021 results: Revenue: Rp980.3b (up 11% from FY 2020). Net loss: Rp73.3b (loss narrowed 72% from FY 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 02
Third quarter 2021 earnings released The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: Rp220.7b (down 17% from 3Q 2020). Net loss: Rp18.4b (loss widened 7.1% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.