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Reach Energy Berhad KLSE:REACH Stock Report

Last Price

RM0.025

Market Cap

RM53.2m

7D

-16.7%

1Y

-44.4%

Updated

18 Apr, 2024

Data

Company Financials

REACH Stock Overview

Reach Energy Berhad, an investment holding company, engages in the exploration, development, and sale of crude oil and other petroleum products in Malaysia and internationally.

REACH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Reach Energy Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reach Energy Berhad
Historical stock prices
Current Share PriceRM0.025
52 Week HighRM0.055
52 Week LowRM0.025
Beta1.77
1 Month Change-16.67%
3 Month Change-16.67%
1 Year Change-44.44%
3 Year Change-73.68%
5 Year Change-91.94%
Change since IPO-96.45%

Recent News & Updates

Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?

Mar 17
Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?

Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely

Jan 23
Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely

Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Nov 02
Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Recent updates

Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?

Mar 17
Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?

Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely

Jan 23
Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely

Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Nov 02
Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

A Piece Of The Puzzle Missing From Reach Energy Berhad's (KLSE:REACH) 33% Share Price Climb

Aug 25
A Piece Of The Puzzle Missing From Reach Energy Berhad's (KLSE:REACH) 33% Share Price Climb

Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Aug 03
Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?

Mar 21
Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?

Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?

Aug 19
Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?

Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?

May 06
Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?

Reach Energy Berhad (KLSE:REACH) Has Debt But No Earnings; Should You Worry?

Jan 06
Reach Energy Berhad (KLSE:REACH) Has Debt But No Earnings; Should You Worry?

Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?

Aug 27
Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?

Shareholder Returns

REACHMY Oil and GasMY Market
7D-16.7%-0.2%-0.8%
1Y-44.4%-1.1%9.9%

Return vs Industry: REACH underperformed the MY Oil and Gas industry which returned -0.1% over the past year.

Return vs Market: REACH underperformed the MY Market which returned 9.5% over the past year.

Price Volatility

Is REACH's price volatile compared to industry and market?
REACH volatility
REACH Average Weekly Movement24.3%
Oil and Gas Industry Average Movement4.4%
Market Average Movement5.1%
10% most volatile stocks in MY Market10.8%
10% least volatile stocks in MY Market2.5%

Stable Share Price: REACH's share price has been volatile over the past 3 months.

Volatility Over Time: REACH's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
2013113n/awww.reachenergy.com.my

Reach Energy Berhad, an investment holding company, engages in the exploration, development, and sale of crude oil and other petroleum products in Malaysia and internationally. The company holds a 100% working interest in the Emir-Oil concession block covering an area of approximately 850.3 square kilometers located in the Mangystau Oblast in the southwestern region of the Republic of Kazakhstan. It also exports its products.

Reach Energy Berhad Fundamentals Summary

How do Reach Energy Berhad's earnings and revenue compare to its market cap?
REACH fundamental statistics
Market capRM53.22m
Earnings (TTM)-RM196.84m
Revenue (TTM)RM208.67m

0.3x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REACH income statement (TTM)
RevenueRM208.67m
Cost of RevenueRM42.33m
Gross ProfitRM166.35m
Other ExpensesRM363.19m
Earnings-RM196.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.092
Gross Margin79.72%
Net Profit Margin-94.33%
Debt/Equity Ratio843.2%

How did REACH perform over the long term?

See historical performance and comparison
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