Petronas Dagangan traded at 20.50 this Friday February 6th, increasing 0.20 or 0.99 percent since the previous trading session. Looking back, over the last four weeks, Petronas Dagangan gained 2.71 percent. Over the last 12 months, its price rose by 5.02 percent. Looking ahead, we forecast Petronas Dagangan to be priced at 20.78 by the end of this quarter and at 19.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
PETRONAS Dagangan Berhad is Malaysia-based retailer and marketer of downstream oil and gas products. The Company is engaged in domestic marketing of petroleum products. The Company's segments include Retail, Commercial and Others. The Retail segment consists of sales and purchase of petroleum products to the retail sector. The Commercial segment consists of sales and purchase of petroleum products to the commercial sector. The Others segment includes aviation fuelling services, technical services and business activities other than retail and commercial segments. The Company offers petroleum products, including motor gasoline, aviation fuel, diesel, fuel oil, liquefied petroleum gas (LPG), kerosene, Jet A-1 and bitumen and asphalt. Its fuels include PETRONAS PRIMAX 95, PETRONAS PRIMAX 97 and PETRONAS DYNAMIC DIESEL EURO 5. It offers Gas PETRONAS under LPG category. It has a petroleum retail network with over 1,000 stations.