View ValuationMedco Energi Internasional 향후 성장Future 기준 점검 3/6Medco Energi Internasional (는) 각각 연간 31.7% 및 2.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 31.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.4% 로 예상됩니다.핵심 정보31.7%이익 성장률31.95%EPS 성장률Oil and Gas 이익 성장6.7%매출 성장률2.9%향후 자기자본이익률16.42%애널리스트 커버리지Good마지막 업데이트30 Jun 2026최근 향후 성장 업데이트Breakeven Date Change • Sep 23Forecast to breakeven in 2021The 4 analysts covering Medco Energi Internasional expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$109.8m in 2021. Earnings growth of 46% is required to achieve expected profit on schedule.모든 업데이트 보기Recent updatesDeclared Dividend • Jun 10Dividend of US$0.0018 announcedShareholders will receive a dividend of US$0.0018. Ex-date: 15th June 2026 Payment date: 3rd July 2026 Dividend yield will be 6.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 136% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 9 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Marsillam Simandjuntak was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공고 • Apr 29PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 04, 2026PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 04, 2026.공고 • Apr 23PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 03, 2025PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 03, 2025.공고 • Mar 27PT Medco Energi Internasional Tbk (IDX:MEDC) announces an Equity Buyback for IDR 820,000 million worth of its shares.PT Medco Energi Internasional Tbk (IDX:MEDC) announces a share repurchase program. Under the program, the company will repurchase up to IDR 820,000 million worth of its shares.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.003 (vs US$0.005 in 3Q 2023)Third quarter 2024 results: EPS: US$0.003 (down from US$0.005 in 3Q 2023). Revenue: US$642.0m (up 19% from 3Q 2023). Net income: US$75.4m (down 36% from 3Q 2023). Profit margin: 12% (down from 22% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 41% per year.Upcoming Dividend • Oct 07Upcoming dividend of Rp15.75 per shareEligible shareholders must have bought the stock before 14 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%).Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.005 (vs US$0.001 in 2Q 2023)Second quarter 2024 results: EPS: US$0.005 (up from US$0.001 in 2Q 2023). Revenue: US$621.2m (up 14% from 2Q 2023). Net income: US$129.3m (up 292% from 2Q 2023). Profit margin: 21% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 37%. Over the last 3 years on average, earnings per share has increased by 53% per year and the company’s share price has also increased by 53% per year.공고 • Apr 25PT Medco Energi Internasional Tbk, Annual General Meeting, May 30, 2024PT Medco Energi Internasional Tbk, Annual General Meeting, May 30, 2024.Reported Earnings • Apr 02Full year 2023 earnings released: EPS: US$0.015 (vs US$0.021 in FY 2022)Full year 2023 results: EPS: US$0.015 (down from US$0.021 in FY 2022). Revenue: US$2.25b (flat on FY 2022). Net income: US$373.1m (down 28% from FY 2022). Profit margin: 17% (down from 23% in FY 2022). Revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.2%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.공고 • Nov 30PT Medco Energi Internasional Tbk (IDX:MEDC) agreed to acquire 20% stake in Block 60 producing and Block 48 exploration licenses in Oman from Oq Exploration And Production.PT Medco Energi Internasional Tbk (IDX:MEDC) agreed to acquire 20% stake in Block 60 producing and Block 48 exploration licenses in Oman from Oq Exploration And Production on November 28, 2023. OQEP will remain the Operator of both Blocks. The transaction is now expected to complete in December 2023.Reported Earnings • Nov 05Third quarter 2023 earnings released: EPS: US$0.005 (vs US$0.004 in 3Q 2022)Third quarter 2023 results: EPS: US$0.005 (up from US$0.004 in 3Q 2022). Revenue: US$541.9m (down 14% from 3Q 2022). Net income: US$118.4m (up 26% from 3Q 2022). Profit margin: 22% (up from 15% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.5%. 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 73% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 05Second quarter 2023 earnings released: EPS: US$0.001 (vs US$0.007 in 2Q 2022)Second quarter 2023 results: EPS: US$0.001 (down from US$0.007 in 2Q 2022). Revenue: US$568.7m (down 12% from 2Q 2022). Net income: US$33.0m (down 82% from 2Q 2022). Profit margin: 5.8% (down from 28% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 99% per year, which means it is significantly lagging earnings growth.New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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 Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Minor Risks High level of debt (135% net debt to equity). 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 (6.9% average weekly change).Reported Earnings • May 24First quarter 2023 earnings released: EPS: US$0.003 (vs US$0.004 in 1Q 2022)First quarter 2023 results: EPS: US$0.003 (down from US$0.004 in 1Q 2022). Revenue: US$558.1m (up 17% from 1Q 2022). Net income: US$79.9m (down 12% from 1Q 2022). Profit margin: 14% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 02Third quarter 2022 earnings released: EPS: US$0.005 (vs US$0 in 3Q 2021)Third quarter 2022 results: EPS: US$0.005 (up from US$0 in 3Q 2021). Revenue: US$681.2m (up 120% from 3Q 2021). Net income: US$128.4m (up US$118.5m from 3Q 2021). Profit margin: 19% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Bambang Subianto was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: US$0.007 (vs US$0.001 in 2Q 2021)Second quarter 2022 results: EPS: US$0.007 (up from US$0.001 in 2Q 2021). Revenue: US$668.6m (up 105% from 2Q 2021). Net income: US$179.5m (up 430% from 2Q 2021). Profit margin: 27% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 47%, compared to a 53% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 14Full year 2021 earnings released: EPS: US$0.002 (vs US$0.008 loss in FY 2020)Full year 2021 results: EPS: US$0.002 (up from US$0.008 loss in FY 2020). Revenue: US$1.32b (up 25% from FY 2020). Net income: US$38.2m (up US$220.5m from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 60%, compared to a 61% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Bambang Subianto was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Dec 23Third quarter 2021 earnings: Revenues miss analyst expectationsThird quarter 2021 results: Revenue: US$338.5m (up 40% from 3Q 2020). Net income: US$9.97m (up US$83.1m from 3Q 2020). Profit margin: 2.9% (up from net loss in 3Q 2020). Revenue missed analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 18%, compared to a 54% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 29Second quarter 2021 earnings released: EPS US$0.001 (vs US$0.002 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$345.5m (up 32% from 2Q 2020). Net income: US$33.9m (up US$71.0m from 2Q 2020). Profit margin: 9.8% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Sep 23Forecast to breakeven in 2021The 4 analysts covering Medco Energi Internasional expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$109.8m in 2021. Earnings growth of 46% is required to achieve expected profit on schedule.공고 • Jun 05PT Medco Energi Internasional Tbk (IDX:MEDC) acquired additional 2% stake in PT Amman Mineral Internasiona for IDR 730 billion.PT Medco Energi Internasional Tbk (IDX:MEDC) signed an agreement to acquire additional 2% stake in PT Amman Mineral Internasiona for IDR 730 billion on May 1, 2021. PT Medco Energi Internasional Tbk (IDX:MEDC) completed the acquisition of additional 2% stake in PT Amman Mineral Internasiona on June 4, 2021.Reported Earnings • Dec 02Third quarter 2020 earnings released: US$0.004 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$241.1m (down 38% from 3Q 2019). Net loss: US$73.1m (loss widened 386% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 139% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.공고 • Oct 29Eni Reportedly Expects Binding Bids for Australian Gas Assets by End NovemberEni S.p.A. (BIT:ENI) and its adviser Citi expect binding bids for the Italian energy group's gas assets in Australia by the end of November (2020) in a deal that could raise around $1 Billion, two sources said. Indonesia's PT Medco Energi Internasional Tbk (IDX:MEDC) and a consortium comprising Australian fund Macquarie Group Limited (ASX:MQG) and Neptune Energy Australia Pty Limited are working on bids, the sources said. Morgan Stanley Infrastructure Inc. has also expressed an interest, one person said. “The sale has generated limited interest,” one of the sources said. The Australia sale is part of Eni’s plans to sell non-core assets to raise cash after the global downturn triggered by the coronavirus pandemic, and its drive to focus on cleaner fuels. “The sale will not include the solar assets the group has there,” one source said. The oil and gas major is also looking to sell assets in Pakistan and the Congo, one of the sources said, without giving further details. Eni, Neptune and Macquarie declined to comment. Medco and Morgan Stanley were not immediately available for comment.Reported Earnings • Oct 08First half earnings releasedOver the last 12 months the company has reported total losses of US$114.8m, with losses widening by 234% from the prior year. Total revenue was US$1.39b over the last 12 months, up 12% from the prior year.이익 및 매출 성장 예측DB:MEF - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,7195261,1081,083812/31/20272,6284411,1149501112/31/20262,7024271,044870113/31/20262,449151446969N/A12/31/20252,343101391906N/A9/30/20252,3221775011,002N/A6/30/20252,3232046131,032N/A3/31/20252,3543138341,221N/A12/31/20242,3493698391,223N/A9/30/20242,3154207171,084N/A6/30/20242,2524637961,142N/A3/31/20242,201366482815N/A12/31/20232,205373453753N/A9/30/20232,188363689966N/A6/30/20232,277339657915N/A3/31/20232,3565097791,053N/A12/31/20222,2705188361,105N/A9/30/20222,003369631873N/A6/30/20221,682285497699N/A3/31/20221,380115417558N/A12/31/20211,21231368479N/A9/30/20211,17436439486N/A6/30/20211,131-33368469N/A3/31/20211,094-175349487N/A12/31/20201,068-196283474N/A9/30/20201,226-245176457N/A6/30/20201,333-203100370N/A3/31/20201,359-101222435N/A12/31/20191,376-52N/A408N/A9/30/20191,288-4N/A443N/A6/30/20191,243-35N/A518N/A3/31/20191,217-8N/A415N/A12/31/20181,218-17N/A386N/A9/30/20181,208-19N/A275N/A6/30/20181,071109N/A221N/A3/31/2018978128N/A447N/A12/31/2017905151N/A447N/A9/30/2017796499N/A282N/A6/30/2017735287N/A214N/A3/31/2017672256N/A51N/A12/31/2016590229N/A19N/A9/30/2016549-217N/A139N/A6/30/2016563-97N/A188N/A3/31/2016578-100N/A136N/A12/31/2015575-156N/A114N/A9/30/2015617-45N/A96N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MEF 의 연간 예상 수익 증가율(31.7%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: MEF 의 연간 수익(31.7%)이 German 시장(16.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: MEF 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: MEF 의 수익(연간 2.9%)이 German 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: MEF 의 수익(연간 2.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MEF의 자본 수익률은 3년 후 16.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YEnergy 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/14 07:09종가2026/07/14 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스PT Medco Energi Internasional Tbk는 20명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Daisy SuryoBofA Global ResearchBob SetiadiCGS InternationalJaneman LatulCLSA17명의 분석가 더 보기
Breakeven Date Change • Sep 23Forecast to breakeven in 2021The 4 analysts covering Medco Energi Internasional expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$109.8m in 2021. Earnings growth of 46% is required to achieve expected profit on schedule.
Declared Dividend • Jun 10Dividend of US$0.0018 announcedShareholders will receive a dividend of US$0.0018. Ex-date: 15th June 2026 Payment date: 3rd July 2026 Dividend yield will be 6.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 136% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 9 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Marsillam Simandjuntak was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공고 • Apr 29PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 04, 2026PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 04, 2026.
공고 • Apr 23PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 03, 2025PT Medco Energi Internasional Tbk, Annual General Meeting, Jun 03, 2025.
공고 • Mar 27PT Medco Energi Internasional Tbk (IDX:MEDC) announces an Equity Buyback for IDR 820,000 million worth of its shares.PT Medco Energi Internasional Tbk (IDX:MEDC) announces a share repurchase program. Under the program, the company will repurchase up to IDR 820,000 million worth of its shares.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.003 (vs US$0.005 in 3Q 2023)Third quarter 2024 results: EPS: US$0.003 (down from US$0.005 in 3Q 2023). Revenue: US$642.0m (up 19% from 3Q 2023). Net income: US$75.4m (down 36% from 3Q 2023). Profit margin: 12% (down from 22% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 41% per year.
Upcoming Dividend • Oct 07Upcoming dividend of Rp15.75 per shareEligible shareholders must have bought the stock before 14 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%).
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.005 (vs US$0.001 in 2Q 2023)Second quarter 2024 results: EPS: US$0.005 (up from US$0.001 in 2Q 2023). Revenue: US$621.2m (up 14% from 2Q 2023). Net income: US$129.3m (up 292% from 2Q 2023). Profit margin: 21% (up from 6.0% in 2Q 2023). Revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 37%. Over the last 3 years on average, earnings per share has increased by 53% per year and the company’s share price has also increased by 53% per year.
공고 • Apr 25PT Medco Energi Internasional Tbk, Annual General Meeting, May 30, 2024PT Medco Energi Internasional Tbk, Annual General Meeting, May 30, 2024.
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: US$0.015 (vs US$0.021 in FY 2022)Full year 2023 results: EPS: US$0.015 (down from US$0.021 in FY 2022). Revenue: US$2.25b (flat on FY 2022). Net income: US$373.1m (down 28% from FY 2022). Profit margin: 17% (down from 23% in FY 2022). Revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.2%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
공고 • Nov 30PT Medco Energi Internasional Tbk (IDX:MEDC) agreed to acquire 20% stake in Block 60 producing and Block 48 exploration licenses in Oman from Oq Exploration And Production.PT Medco Energi Internasional Tbk (IDX:MEDC) agreed to acquire 20% stake in Block 60 producing and Block 48 exploration licenses in Oman from Oq Exploration And Production on November 28, 2023. OQEP will remain the Operator of both Blocks. The transaction is now expected to complete in December 2023.
Reported Earnings • Nov 05Third quarter 2023 earnings released: EPS: US$0.005 (vs US$0.004 in 3Q 2022)Third quarter 2023 results: EPS: US$0.005 (up from US$0.004 in 3Q 2022). Revenue: US$541.9m (down 14% from 3Q 2022). Net income: US$118.4m (up 26% from 3Q 2022). Profit margin: 22% (up from 15% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.5%. 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 73% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 05Second quarter 2023 earnings released: EPS: US$0.001 (vs US$0.007 in 2Q 2022)Second quarter 2023 results: EPS: US$0.001 (down from US$0.007 in 2Q 2022). Revenue: US$568.7m (down 12% from 2Q 2022). Net income: US$33.0m (down 82% from 2Q 2022). Profit margin: 5.8% (down from 28% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 99% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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 Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Minor Risks High level of debt (135% net debt to equity). 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 (6.9% average weekly change).
Reported Earnings • May 24First quarter 2023 earnings released: EPS: US$0.003 (vs US$0.004 in 1Q 2022)First quarter 2023 results: EPS: US$0.003 (down from US$0.004 in 1Q 2022). Revenue: US$558.1m (up 17% from 1Q 2022). Net income: US$79.9m (down 12% from 1Q 2022). Profit margin: 14% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 02Third quarter 2022 earnings released: EPS: US$0.005 (vs US$0 in 3Q 2021)Third quarter 2022 results: EPS: US$0.005 (up from US$0 in 3Q 2021). Revenue: US$681.2m (up 120% from 3Q 2021). Net income: US$128.4m (up US$118.5m from 3Q 2021). Profit margin: 19% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Bambang Subianto was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: US$0.007 (vs US$0.001 in 2Q 2021)Second quarter 2022 results: EPS: US$0.007 (up from US$0.001 in 2Q 2021). Revenue: US$668.6m (up 105% from 2Q 2021). Net income: US$179.5m (up 430% from 2Q 2021). Profit margin: 27% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 47%, compared to a 53% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 14Full year 2021 earnings released: EPS: US$0.002 (vs US$0.008 loss in FY 2020)Full year 2021 results: EPS: US$0.002 (up from US$0.008 loss in FY 2020). Revenue: US$1.32b (up 25% from FY 2020). Net income: US$38.2m (up US$220.5m from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 60%, compared to a 61% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Bambang Subianto was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Dec 23Third quarter 2021 earnings: Revenues miss analyst expectationsThird quarter 2021 results: Revenue: US$338.5m (up 40% from 3Q 2020). Net income: US$9.97m (up US$83.1m from 3Q 2020). Profit margin: 2.9% (up from net loss in 3Q 2020). Revenue missed analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 18%, compared to a 54% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 29Second quarter 2021 earnings released: EPS US$0.001 (vs US$0.002 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$345.5m (up 32% from 2Q 2020). Net income: US$33.9m (up US$71.0m from 2Q 2020). Profit margin: 9.8% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Sep 23Forecast to breakeven in 2021The 4 analysts covering Medco Energi Internasional expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$109.8m in 2021. Earnings growth of 46% is required to achieve expected profit on schedule.
공고 • Jun 05PT Medco Energi Internasional Tbk (IDX:MEDC) acquired additional 2% stake in PT Amman Mineral Internasiona for IDR 730 billion.PT Medco Energi Internasional Tbk (IDX:MEDC) signed an agreement to acquire additional 2% stake in PT Amman Mineral Internasiona for IDR 730 billion on May 1, 2021. PT Medco Energi Internasional Tbk (IDX:MEDC) completed the acquisition of additional 2% stake in PT Amman Mineral Internasiona on June 4, 2021.
Reported Earnings • Dec 02Third quarter 2020 earnings released: US$0.004 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$241.1m (down 38% from 3Q 2019). Net loss: US$73.1m (loss widened 386% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 139% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
공고 • Oct 29Eni Reportedly Expects Binding Bids for Australian Gas Assets by End NovemberEni S.p.A. (BIT:ENI) and its adviser Citi expect binding bids for the Italian energy group's gas assets in Australia by the end of November (2020) in a deal that could raise around $1 Billion, two sources said. Indonesia's PT Medco Energi Internasional Tbk (IDX:MEDC) and a consortium comprising Australian fund Macquarie Group Limited (ASX:MQG) and Neptune Energy Australia Pty Limited are working on bids, the sources said. Morgan Stanley Infrastructure Inc. has also expressed an interest, one person said. “The sale has generated limited interest,” one of the sources said. The Australia sale is part of Eni’s plans to sell non-core assets to raise cash after the global downturn triggered by the coronavirus pandemic, and its drive to focus on cleaner fuels. “The sale will not include the solar assets the group has there,” one source said. The oil and gas major is also looking to sell assets in Pakistan and the Congo, one of the sources said, without giving further details. Eni, Neptune and Macquarie declined to comment. Medco and Morgan Stanley were not immediately available for comment.
Reported Earnings • Oct 08First half earnings releasedOver the last 12 months the company has reported total losses of US$114.8m, with losses widening by 234% from the prior year. Total revenue was US$1.39b over the last 12 months, up 12% from the prior year.