Asia300

SapuraKencana Petroleum Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 24, 2017
Prev close: 1.87
Mar 24, 2017
Market cap:
Market cap(USD):
11,205.3M
2,531.99M
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

SapuraKencana Petroleum 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 2016

  • Local currency
  • US Dollar
Revenue 10,184.03M
Gross profit 2,532.73M
Operating income 1,860.95M
Income before tax -712.63M
Net income -791.55M
EBITDA 3,297.38M
Diluted EPS -0.13
Dividends per share 0
Total assets 36,491.99M
Total liabilities 24,278.98M
Total equity 12,206.95M
Operating cash flow 2,181.30M

Currency in MYR

Revenue 2,565.13M
Gross profit 637.94M
Operating income 468.73M
Income before tax -179.49M
Net income -199.37M
EBITDA 830.53M
Diluted EPS -0.03
Dividends per share 0
Total assets 8,782.66M
Total liabilities 5,843.31M
Total equity 2,937.89M
Operating cash flow 549.42M

Currency in USD

Valuation measures

Jan 2016

PER --
ROA -2.22%
ROE -6.54%
Operating margin 18.27%
Profit margin -7.77%

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(11.3%)
  • Khasera Baru Ltd.(10.0%)
  • Kumpulan Wang Persaraan(5.7%)
  • The Vanguard Group, Inc.(2.2%)
  • Great Eastern Life Assurance Co. Ltd.(1.5%)
  • Dimensional Fund Advisors LP(1.4%)
  • BlackRock Fund Advisors(1.1%)
  • AIA Bhd.(0.9%)

Address

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

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