Reach Energy Berhad, an investment holding company, engages in the exploration, development, production, and sale of crude oil and other petroleum products in the Republic of Kazakhstan, 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. Reach Energy Berhad was incorporated in 2013 and is headquartered in Kuala Lumpur, Malaysia.
Research context
Reach Energy Berhad appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
Reach Energy Berhad is currently in a long term downtrend where the price is trading 3.9% below its 200 day moving average.
From a valuation standpoint, the stock is 81.3% cheaper than other stocks from the Other sector with a price to sales ratio of 1.2.
Reach Energy Berhad's total revenue sank by 50.5% to $17M since the same quarter in the previous year.
Its net income has dropped by 119.6% to $-25M since the same quarter in the previous year.
Finally, its free cash flow fell by 308.8% to $-39M since the same quarter in the previous year.
Based on the above factors, Reach Energy Berhad gets an overall score of 1/5.