PT Pertamina Geothermal Energy Tbk, together with its subsidiaries, engages in the development of the geothermal sector from the upstream and/or downstream sides in Indonesia. The company provides electricity under the Total Project scheme and acts as a seller of electricity generated from the company’s PLTP; carbon credits; and geothermal derivative products, such as green hydrogen, methanol, silica, and off-grid utilization of geothermal electricity for data centers and high-performance computing (HPC); and other products. As of December 31, 2024, the company managed 15 working areas (WK), which include 12 geothermal working areas (WKP), two geothermal permit (IPB) working areas, and one IPB working area with a joint venture located in Sumatra, Java, Bali, and Sulawesi. The company was founded in 2006 and is headquartered in Jakarta Pusat, Indonesia. PT Pertamina Geothermal Energy Tbk is a subsidiary of PT Pertamina Power Indonesia.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
The market has climbed 3.0% in the last 7 days, lead by the Materials sector with a gain of 6.1%. The market is up 18% over the last 12 months. As for the next few years, earnings are expected to grow by 7.3% per annum. Market details ›