Velesto Energy Berhad (KLSE:VELESTO)

Malaysia · Delayed Price · Currency is MYR

0.2450

+0.0050 (2.08%)

At close: Aug 28, 2026

19.51% (1Y)

Market Cap	2.02B +20.2%
Revenue (ttm)	805.80M -23.5%
Net Income	127.52M -36.6%
EPS	0.02 -36.7%
Shares Out	8.26B
PE Ratio	15.82
Forward PE	19.93
Dividend	0.03 (12.00%)
Ex-Dividend Date	Oct 19, 2026

Volume	11,086,500
Open	0.2400
Previous Close	0.2400
Day's Range	0.2400 - 0.2500
52-Week Range	0.1950 - 0.3650
Beta	0.40
Analysts	Buy
Price Target	0.30 (+22.45%)
Earnings Date	Nov 27, 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 0.30, which is an increase of 22.45% from the latest price.

Price Target

RM 0.30

(22.45% upside)

Analyst Consensus: Buy

Stock Forecasts