Asia300

Sapura Energy Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Apr 21, 2017
Prev close: 1.96
Apr 21, 2017
Market cap:
Market cap(USD):
11,744.6M
2,669.84M
Shares: 5,992.16M

Currency in MYR

Company profile

Market(Ticker): KLS(5218)
Sector:
Industry:
Industrial Services
Oilfield Services/Equipment
Full time employees: --

Business summary

Sapura Energy Bhd. is an investment holding company, which provides oil and gas services and solutions. It operates through the following business segments: Offshore Construction and Subsea Services; Fabrication, Hook-up and Commissioning; Drilling and Energy Services; and Corporate. The Offshore Construction and Subsea Services segment installs offshore platforms, marine pipelines and subsea services; and repairs and refurbishes industrial gas turbines; supplies, installs, commissions, and maintains point-of-sale systems for petrol stations; and provides asset management services for offshore installations. The Fabrication, Hook-up and Commissioning segment comprises of engineering, procurement, construction and commissioning services. The Drilling and Energy Services segment provides drilling rigs and services; engages in oilfield development and production; lease of floating, production, storage and offloading; and explores, develops and produces crude oil and natural gas. The Corporate segment provides management services. The company was founded on June 30, 2011 and is headquartered in Kuala Lumpur, Malaysia.

Company background

SapuraKencana Petroleum is an upstream player in the oil and gas industry, providing an entire value chain of exploration, development, production, rejuvenation and decommissioning services. The Malaysian company was born out of a merger between SapuraCrest Petroleum and Kencana Petroleum in 2011. SapuraKencana's core businesses are divided into offshore construction and subsea services (OCSS), fabrication, hookup and commissioning, and drilling and energy services.

OCSS involves the construction of offshore platforms and marine pipelines for oil exploration, which are supported by huge support vessels. OCSS contributes most in revenue to the group, at over 40%. The group has a presence in over 20 countries and a workforce of 12,000. As of January 2014, 70% of the group's order book came from Brazil, Southeast Asia, Australia and Africa. SapuraKencana undertakes contracts from major oil and gas players such as Chevron, Royal Dutch Shell and Malaysia's state-owned Petronas.

Two of its major shareholders are President and Group CEO Shahril Shamsuddin and Vice Chairman Mokhzani Mahathir, who both managed SapuraCrest and Kencana before the merger. Mokhzani is a son of former Prime Minister Mahathir bin Mohamad.

In the news

Financial highlights

Jan 2017

  • Local currency
  • US Dollar
Revenue 7,651.32M
Gross profit -417.18M
Operating income -417.18M
Income before tax 385.24M
Net income 208.31M
EBITDA 1,374.88M
Diluted EPS 0.03
Dividends per share 0
Total assets 37,483.92M
Total liabilities 24,403.61M
Total equity 13,076.11M
Operating cash flow 2,630.43M

Currency in MYR

Revenue 1,842.49M
Gross profit -100.46M
Operating income -100.46M
Income before tax 92.77M
Net income 50.16M
EBITDA 331.08M
Diluted EPS 0.00
Dividends per share 0
Total assets 8,462.33M
Total liabilities 5,509.33M
Total equity 2,952.05M
Operating cash flow 633.42M

Currency in USD

Valuation measures

Jan 2017

PER 49.14
ROA 0.56%
ROE 1.64%
Operating margin -5.45%
Profit margin 2.72%

Key executive

  • President, Group CEO & Executive Director: Shahril bin Shamsuddin
  • Senior Vice President-Operations: Ahmad Zakiruddin Mohamed
  • Chief Financial Officer: Reza Abdul Rahim
  • Senior Vice President-Group Strategy & Finance: Mei Mei Chow
  • Investor Relations Contact: Nor Hafifah binti Mohd Puzi

Share holders

  • Sapura Holdings Sdn. Bhd.(16.6%)
  • Permodalan Nasional Bhd.(11.3%)
  • Employees Provident Fund(11.2%)
  • Khasera Baru Ltd.(10.0%)
  • Kumpulan Wang Persaraan(6.2%)
  • The Vanguard Group, Inc.(2.2%)
  • Great Eastern Life Assurance Co. Ltd.(1.5%)
  • Dimensional Fund Advisors LP(1.4%)
  • BlackRock Fund Advisors(1.2%)
  • AIA Bhd.(0.9%)

Address

  • Website: http://www.sapuraenergy.com
  • Address: Menara SapuraKencana Petroleum, Solaris Dutamas, 1 Jalan Dutamas 1, Kuala Lumpur, 50480, Malaysia
  • Phone: +60.3.6209.8000

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