Hibiscus Petroleum Berhad (KLSE:HIBISCS) - Stock Price, News & Analysis

HIBISCS Stock Overview

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas.

HIBISCS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (4.9x) is below the MY market (16.5x)

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 2.3% per year for the next 3 years

Unstable dividend track record

Profit margins (18.8%) are lower than last year (31%)

Hibiscus Petroleum Berhad Competitors

Petron Malaysia Refining & Marketing Bhd

KLSE:PETRONM

RM1.3b

Velesto Energy Berhad

KLSE:VELESTO

RM2.2b

Dayang Enterprise Holdings Bhd

KLSE:DAYANG

RM3.1b

Wasco Berhad

KLSE:WASCO

RM1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Hibiscus Petroleum Berhad
Historical stock prices
Current Share Price	RM2.75
52 Week High	RM2.98
52 Week Low	RM2.13
Beta	1.4
1 Month Change	7.42%
3 Month Change	3.77%
1 Year Change	8.91%
3 Year Change	77.42%
5 Year Change	-1.79%
Change since IPO	107.55%

Recent updates

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Due To Pay A Dividend Of MYR0.0125

Oct 22

Why We Like The Returns At Hibiscus Petroleum Berhad (KLSE:HIBISCS)

Mar 17

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Might Have The DNA Of A Multi-Bagger

Dec 09

These 4 Measures Indicate That Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Using Debt Reasonably Well

Oct 10

Here's Why We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Well Worth Watching

Sep 23

Earnings Beat: Hibiscus Petroleum Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 26

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Looking To Continue Growing Its Returns On Capital

Jun 22

Is There An Opportunity With Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 48% Undervaluation?

May 27

Hibiscus Petroleum Berhad's (KLSE:HIBISCS) Returns On Capital Are Heading Higher

Feb 24

Growth Investors: Industry Analysts Just Upgraded Their Hibiscus Petroleum Berhad (KLSE:HIBISCS) Revenue Forecasts By 20%

Jun 08

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Experiencing Growth In Returns On Capital

May 17

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Taking Some Risk With Its Debt

Mar 08

Does Hibiscus Petroleum Berhad (KLSE:HIBISCS) Have The Makings Of A Multi-Bagger?

Feb 07

Is Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 165% Share Price Increase Well Justified?

Dec 12

Shareholder Returns

	HIBISCS	MY Oil and Gas	MY Market
7D	5.0%	0.07%	1.8%
1Y	8.9%	-1.5%	12.1%

Return vs Industry: HIBISCS exceeded the MY Oil and Gas industry which returned -1.5% over the past year.

Return vs Market: HIBISCS underperformed the MY Market which returned 12.1% over the past year.

Price Volatility

Is HIBISCS's price volatile compared to industry and market?
HIBISCS volatility
HIBISCS Average Weekly Movement	4.1%
Oil and Gas Industry Average Movement	4.5%
Market Average Movement	5.1%
10% most volatile stocks in MY Market	10.9%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: HIBISCS has not had significant price volatility in the past 3 months.

Volatility Over Time: HIBISCS's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Kenneth Pereira	www.hibiscuspetroleum.com

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas. The company operates through Malaysia – North Sabah; Malaysia – Kinabalu and Others; Commercial Arrangement Area; United Kingdom; Australia; Vietnam; and Investment Holding and Group Activities segments. It holds 50% interests in the North Sabah production sharing contract producing fields located in Offshore Sabah, Malaysia.

Hibiscus Petroleum Berhad Fundamentals Summary

How do Hibiscus Petroleum Berhad's earnings and revenue compare to its market cap?
HIBISCS fundamental statistics
Market cap	RM2.20b
Earnings (TTM)	RM451.42m
Revenue (TTM)	RM2.40b

4.9x

P/E Ratio

0.9x

P/S Ratio

Is HIBISCS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIBISCS income statement (TTM)
Revenue	RM2.40b
Cost of Revenue	RM824.52m
Gross Profit	RM1.58b
Other Expenses	RM1.13b
Earnings	RM451.42m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.57
Gross Margin	65.66%
Net Profit Margin	18.80%
Debt/Equity Ratio	14.2%

How did HIBISCS perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

12%

Payout Ratio

HIBISCS Stock Overview

Rewards

Risk Analysis

Hibiscus Petroleum Berhad Competitors

KLSE:PETRONM

RM1.3b

KLSE:VELESTO

RM2.2b

KLSE:DAYANG

RM3.1b

KLSE:WASCO

RM1.1b

Price History & Performance

Recent News & Updates

Upcoming dividend of RM0.02 per share

Dividend of RM0.02 announced

Second quarter 2024 earnings released: EPS: RM0.13 (vs RM0.088 in 2Q 2023)

Hibiscus Petroleum Berhad Announces Second Single-Tier Interim Dividend for the Financial Year Ending 30 June 2024, Payable on 18 April 2024

Carlyle Reportedly Lines Up for Woodside's Macedon Project

Upcoming dividend of RM0.013 per share at 1.0% yield

Recent updates

Upcoming dividend of RM0.02 per share

Dividend of RM0.02 announced

Second quarter 2024 earnings released: EPS: RM0.13 (vs RM0.088 in 2Q 2023)

Hibiscus Petroleum Berhad Announces Second Single-Tier Interim Dividend for the Financial Year Ending 30 June 2024, Payable on 18 April 2024

Carlyle Reportedly Lines Up for Woodside's Macedon Project

Upcoming dividend of RM0.013 per share at 1.0% yield

Upcoming dividend of RM0.02 per share at 1.1% yield

Price target decreased by 26% to RM3.22

First quarter 2024 earnings released: EPS: RM0.077 (vs RM0.17 in 1Q 2023)

Hibiscus Petroleum Berhad Announces the First Single-Tier Interim Dividend for the Financial Year Ending 30 June 2024, Payable on 19 January 2024

Hibiscus Petroleum Berhad, Annual General Meeting, Dec 05, 2023

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Due To Pay A Dividend Of MYR0.0125

Hibiscus Petroleum Berhad Announces Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2023, Payable on 19 January 2024

Price target increased by 28% to RM4.36

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2023 earnings released: EPS: RM0.20 (vs RM0.33 in FY 2022)

Hibiscus Petroleum Berhad Announces Third Single-Tier Interim Dividend in Respect of the Financial Year Ended 30 June 2023, Payment Date 20 Oct 2023

Hibiscus Petroleum Berhad Announces Dato' Sri Roushan Arumugam Re-Designates to Non-Independent Non-Executive Chairman of Remuneration Committee, with Effect from 25 July 2023

Hibiscus Petroleum Berhad Announces Second Interim Dividend for Fiscal Year 2023

Third quarter 2023 earnings released: EPS: RM0.036 (vs RM0.15 in 3Q 2022)

Why We Like The Returns At Hibiscus Petroleum Berhad (KLSE:HIBISCS)

Second quarter 2023 earnings released: EPS: RM0.035 (vs RM0.024 in 2Q 2022)

Hibiscus Petroleum Berhad Announces First Interim Dividend for the Financial Year Ending 30 June 2023, Payable on April 18, 2023

Upcoming dividend of RM0.01 per share

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Might Have The DNA Of A Multi-Bagger

Hibiscus Petroleum Berhad Appoints Emeliana Dallan Rice-Oxley as Independent and Non Executive Member of Remuneration Committee, Date of Change 01 January, 2023

First quarter 2023 earnings released: EPS: RM0.067 (vs RM0.021 in 1Q 2022)

Hibiscus Petroleum Berhad, Annual General Meeting, Dec 01, 2022

Hibiscus Petroleum Berhad Announces Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2022, Payable on 18 January 2023

These 4 Measures Indicate That Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Using Debt Reasonably Well

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Hibiscus Petroleum Berhad Appoints Emeliana Dallan Rice-Oxley as Non Executive Director

Here's Why We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Well Worth Watching

Earnings Beat: Hibiscus Petroleum Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2022 earnings: Revenues miss analyst expectations

Hibiscus Petroleum Berhad Provides Sales Guidance for the Fiscal Year 2023

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Looking To Continue Growing Its Returns On Capital

Upcoming dividend of RM0.01 per share

Is There An Opportunity With Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 48% Undervaluation?

Hibiscus Petroleum Berhad Announces Impairment Charges for the Quarter Ended March 31, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Hibiscus Petroleum Berhad Recommends Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2022

Hibiscus Petroleum Berhad Recommends Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2022

Price target increased to RM1.55

Insufficient new directors

Investor sentiment deteriorated over the past week

Hibiscus Petroleum Berhad's (KLSE:HIBISCS) Returns On Capital Are Heading Higher

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued

Price target increased to RM1.33

Investor sentiment improved over the past week

Upcoming dividend of RM0.01 per share

First quarter 2022 earnings released: EPS RM0.021 (vs RM0.006 in 1Q 2021)

Full year 2021 earnings released: EPS RM0.059 (vs RM0.031 loss in FY 2020)

Full year 2021 earnings released: EPS RM0.059 (vs RM0.031 loss in FY 2020)

Director Zaha Binti Zahari has joined 5th company board

Price target increased to RM0.98

Rex International Holding Limited Signs Global Settlement Agreement with Hibiscus and Other Relevant Parties on Legal Cases-Update

Growth Investors: Industry Analysts Just Upgraded Their Hibiscus Petroleum Berhad (KLSE:HIBISCS) Revenue Forecasts By 20%