Companies: 49,246 Total Market Cap: 132591774254860.43

Velesto Energy Berhad

KLSE-VELESTO

Drilling Oil and Gas Wells

Rank #16811

Market Cap 314.63 M

Volume 2.43 M

Price 0.04

Change (%) 2.94%

Country or region

Malaysia

Velesto Energy Berhad's latest marketcap:

314.63 M

As of 05/20/2025, Velesto Energy Berhad's market capitalization has reached $314.63 M. According to our data, Velesto Energy Berhad is the 16811th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap	314.63 M
Revenue (ttm)	315.76 M
Net Income (ttm)	48.21 M
Shares Out	8.22 B
EPS (ttm)	0.01
Forward PE	10.17
Ex-Dividend Date	04/24/2025
Earnings Date	05/23/2025

Market Cap Chart

Data Updated: 05/20/2025

Velesto Energy Berhad's yearly market capitalization.

Velesto Energy Berhad has seen its market value grow from RM1.15 B to RM1.36 B since 2020, representing a total increase of 17.86% and an annual compound growth rate (CAGR) of 3.82%.

Date	Market Cap	Change (%)
05/20/2025	RM1.36 B	9.68%
12/31/2024	RM1.27 B	-32.61%
12/29/2023	RM1.89 B	53.33%
12/30/2022	RM1.23 B	25%
12/31/2021	RM985.87 M	-14.29%
12/31/2020	RM1.15 B

Company Profile

About Velesto Energy Berhad

Velesto Energy Berhad is an investment holding company specializing in upstream oil and gas services, operating in Malaysia and internationally. Formerly known as UMW Oil & Gas Corporation Berhad, the company rebranded in May 2018.

Business Segments

Drilling Services: Offers drilling solutions for exploration, development, and production activities, utilizing a fleet of chartered drilling rigs.
Integrated Services: Provides hydraulic workover operations (HWUs) to restore suspended or underperforming wells, along with specialized equipment agency services.
Oilfield Services: Supplies oil country tubular goods and related services.

Additional Services

Treasury management
Engineering services for oil and gas projects
Training programs for drilling activities
Rig leasing

Founded: 1988
Headquarters: Kuala Lumpur, Malaysia

Frequently Asked Questions

As of 05/20/2025, Velesto Energy Berhad (including the parent company, if applicable) has an estimated market capitalization of $314.63 M USD. This figure represents the total market value of its outstanding shares, including different share classes. Please note that market capitalization fluctuates based on market conditions, and the actual valuation may differ from the latest estimate.

Velesto Energy Berhad global market capitalization ranking is approximately 16811 as of 05/20/2025. This ranking is relative to all publicly traded companies worldwide and can fluctuate based on market dynamics and the performance of other companies. You can refer to our Global companies market cap ranking for the most up-to-date ranking.

Stock Detail

Country or region	Malaysia
Founded	1988
IPO Date	n/a
Employees	168
CEO
Sector
Industry	Drilling Oil and Gas Wells
Address	Plaza Sentral Kuala Lumpur, 50470 Malaysia
Website	https://velesto.com