PT Perusahaan Gas Negara Tbk (PPAAY)
PT Perusahaan Gas Negara Tbk operates in the Regulated Gas industry of the Utilities sector, headquartered in Jakarta, JK, ID. The stock last traded at $4.10, up 0.00% on the session, giving a market capitalisation of $1.99B. On trailing twelve-month figures it carries a trailing P/E of 8.28, a net margin of 6.2%. Its beta of 0.09 implies it has historically moved less than the broad market.
PT Perusahaan Gas Negara Tbk (PPAAY) is an Indonesian entity based in Jakarta, primarily focused on the transmission and distribution of natural gas. It supplies natural gas to a wide range of clients, including industrial, commercial, and residential users, with operations extending across Indonesia and the United States. The company's business activities are organized into three principal segments: Gas commercial and transmission, Oil and Gas Exploration and Production, and Other operations. Beyond its core gas utility functions, PPAAY also engages in liquefied natural gas (LNG) processing, the trading of oil and gas commodities, and upstream oil and gas development activities, encompassing exploration and exploitation. Furthermore, the firm offers a variety of supplementary services, such as fiber optic network leasing, construction and maintenance solutions, property and equipment management and leasing, and specialized engineering and consultancy. Established in 1859, PT Perusahaan Gas Negara Tbk operates as a subsidiary of PT Pertamina (Persero).
PT Perusahaan Gas Negara Tbk is most often compared with the following Utilities names: