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Velesto Energy Bhd (VELE)

Kuala Lumpur
Currency in MYR
Disclaimer
0.295
+0.005(+1.72%)
Closed
Fair Value
Unlock Value
Day's Range
0.2900.300
52 wk Range
0.1950.315
Bid/Ask
0.29 / 0.295
Prev. Close
0.29
Open
0.295
Day's Range
0.29-0.3
52 wk Range
0.195-0.315
Volume
37,235,900
Average Vol. (3m)
45,974,321
1-Year Change
43.9%
Shares Outstanding
8,215,600,000
Fair Value
Unlock
Dividends Payment Streak
Unlock
Analysts
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
0.325
Upside +10.169%

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Velesto Energy Bhd Company Profile

Velesto Energy Berhad, an investment holding company, provides services for the upstream sector of the oil and gas industry in Malaysia and internationally. It offers drilling services for exploration, development, and production wells; workover services to the upstream sector of the oil and gas industry; and threading, inspection, and repair services for oil country tubular goods. The company also owns and operates drilling rigs, which are chartered out to oil majors for their exploration, development, and production activities; and hydraulic workover units for the removal and replacement of well equipment to restore the operation of suspended or under-performing wells. In addition, it provides treasury management services; and engineering services for oil and gas exploration, development, and production, as well as leases rigs. The company was formerly known as UMW Oil & Gas Corporation Berhad and changed its name to Velesto Energy Berhad in May 2018. Velesto Energy Berhad was founded in 1988 and is headquartered in Kuala Lumpur, Malaysia.

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