Velesto Energy Berhad (KLSE:VELESTO)

Malaysia · Delayed Price · Currency is MYR

0.2650

+0.0050 (1.92%)

At close: Aug 11, 2026

43.24% (1Y)

Market Cap	2.19B +44.1%
Revenue (ttm)	851.68M -31.7%
Net Income	177.42M -16.9%
EPS	0.02 -16.9%
Shares Out	8.26B
PE Ratio	12.27
Forward PE	17.67
Dividend	0.03 (11.54%)
Ex-Dividend Date	Jul 17, 2026

Volume	6,089,100
Open	0.2600
Previous Close	0.2600
Day's Range	0.2600 - 0.2700
52-Week Range	0.1850 - 0.3650
Beta	0.40
Analysts	Buy
Price Target	0.32 (+20.76%)
Earnings Date	Aug 21, 2026

About Velesto Energy Berhad

Velesto Energy Berhad, an investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally. It operates through two segments: Drilling Services and Others. The Drilling Services segment owns and operates a fleet of six premium jack-up drilling rigs capable of operating at water depths up to 400 feet, and drilling operations, well intervention, rejuvenation, repair, abandonment, and decommissioning services for exploration, development, and production wells. The Others segment p... [Read more]

Industry Drilling Oil and Gas Wells

Founded 1988

Employees 144

Stock Exchange Bursa Malaysia

Ticker Symbol VELESTO

Full Company Profile

Financial Performance

In 2025, Velesto Energy Berhad's revenue was 892.97 million, a decrease of -34.36% compared to the previous year's 1.36 billion. Earnings were 202.18 million, a decrease of -2.66%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for VELESTO stock is "Buy." The 12-month stock price target is RM 0.32, which is an increase of 20.76% from the latest price.

Price Target

RM 0.32

(20.76% upside)

Analyst Consensus: Buy

Stock Forecasts