Added to YB: 2025-01-20
Pitch date: 2025-01-17
HIBISCS.KL [bullish]
Hibiscus Petroleum Berhad
-21.96%
current return
Author Info
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Company Info
Hibiscus Petroleum Berhad engages in the exploration, development, and sale of oil and gas. The company operates through Malaysia – North Sabah; Malaysia – Kinabalu and Others; Commercial Arrangement Area; United Kingdom; Australia; and Vietnam segments.
Market Cap
MYR 1.5B
Pitch Price
MYR 1.92
Price Target
6.00 (+300%)
Dividend
4.25%
EV/EBITDA
0.81
P/E
4.12
EV/Sales
0.55
Sector
Oil, Gas and Consumable Fuels
Category
value
Hibiscus Petroleum: Blooming Potential in the Oil Patch
HIBISCS.KL: Mature asset optimizer trading at 7.9x P/E, 2.52x EV/EBITDA, 0.44x P/B. Low-cost producer (~$15-20/boe) with 31,919 boepd FY25F. Upside from Teal West, SF30 projects, Brunei gas. Risks: oil price volatility, project delays. PT: MYR6. Compelling niche play with expansion potential.
Read full article (14 min)