Petronas Gas Berhad traded at 18.20 this Friday February 6th, increasing 0.10 or 0.55 percent since the previous trading session. Looking back, over the last four weeks, Petronas Gas Berhad gained 0.98 percent. Over the last 12 months, its price rose by 4.12 percent. Looking ahead, we forecast Petronas Gas Berhad to be priced at 18.02 by the end of this quarter and at 16.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
Petronas Gas Berhad (PGB) is a Malaysia-based gas infrastructure and utilities company. The Company and its subsidiaries' major business activities are categorized into four segments: Gas Processing, Gas Transportation, Utilities and Regasification. Its Gas Processing activities include the processing of natural gas from gas fields offshore the East Coast of Peninsular Malaysia into sales gas and other by-products, such as ethane, propane and butane. Its Gas Transportation activities include the transportation of processed gas to end customers of Petroliam Nasional Berhad (PETRONAS). Its Utilities activities include manufacturing, marketing and supplying of industrial utilities to the petrochemical complexes in the Kertih and Gebeng Industrial Area. Its Regasification activities include the regasification of liquefied natural gas (LNG) for PETRONAS. PGB's subsidiaries include Pengerang LNG (Two) Sdn Bhd, Regas Terminal (Sg. Udang) Sdn Bhd and Regas Terminal (Pengerang) Sdn Bhd.