About
About Perdana Petroleum Bhd
Perdana Petroleum Berhad, an investment holding company, provides offshore marine support services for the upstream oil and gas industry in Malaysia. It owns and operates a fleet of vessels, including anchor handling tug supply vessels, accommodation workboats, and accommodation work barges to support an array of offshore activities, such as exploration, development, facilities installation, hook-up and commissioning, production, operation, and maintenance. The company also offers work barges and workboats for on-board accommodation and work facilities for offshore personnel; and towing, mooring, and anchoring of non-self-propelled barges and rigs, as well as transports drilling, production, and project materials and chemicals. In addition, it is involved in the leasing business, as well as investment in shipping, and shipping-related assets and businesses. The company was formerly known as Petra Perdana Berhad and changed its name to Perdana Petroleum Berhad in July 2011. The company was incorporated in 1988 and is headquartered in Petaling Jaya, Malaysia. Perdana Petroleum Berhad is a subsidiary of Dayang Enterprise Holdings Bhd.
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5 years, 5 months ago
Perdana Petroleum Bhd is currently in a long term downtrend where the price is trading 7.0% below its 200 day moving average.
From a valuation standpoint, the stock is 75.1% cheaper than other stocks from the Other sector with a price to sales ratio of 1.6.
Perdana Petroleum Bhd's total revenue sank by 40.0% to $52M since the same quarter in the previous year.
Its net income has dropped by 268.7% to $-31M since the same quarter in the previous year.
Finally, its free cash flow fell by 68.5% to $16M since the same quarter in the previous year.
Based on the above factors, Perdana Petroleum Bhd gets an overall score of 1/5.