Velesto Energy Berhad

KLSE-VELESTO
Bursa Malaysia
Drilling Oil and Gas Wells
Global Rank
#16637
Country Rank
#155
Market Cap
349.59 M
Price
0.0426
Change (%)
0.00%
Volume
10.96 M

Velesto Energy Berhad's latest marketcap:

349.59 M

As of 07/05/2025, Velesto Energy Berhad's market capitalization has reached $349.59 M. According to our data, Velesto Energy Berhad is the 16637th 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 349.59 M
Revenue (ttm) 294.67 M
Net Income (ttm) 50.47 M
Shares Out 8.22 B
EPS (ttm) 0.01
Forward PE 9.94
Ex-Dividend Date 04/24/2025
Earnings Date 08/29/2025
Market Cap Chart
Data Updated: 07/05/2025

Velesto Energy Berhad's yearly market capitalization.

Velesto Energy Berhad has seen its market value drop from RM5.08 B to RM349.59 M since 2014, representing a total decrease of 93.12% and an annual compound decline rate (CAGR) of 22.48%.
Date Market Cap Change (%) Global Rank
07/05/2025 RM349.59 M 19.35% 16637
12/31/2024 RM1.27 B -32.61% 16775
12/29/2023 RM1.89 B 53.33% 14308
12/30/2022 RM1.23 B 25% 16001
12/31/2021 RM985.87 M -14.29% 17865
12/31/2020 RM1.15 B -63.16% 14840
12/31/2019 RM3.12 B 111.11% 8027
12/31/2018 RM1.48 B -30.72% 10829
12/29/2017 RM2.13 B 12.84% 10174
12/30/2016 RM1.89 B -18.22% 10047

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

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