JAKARTA - PT Energi Mega Persada Tbk (ENRG) will be at Morgan Stanley Capital International (MSCI) as of March 1, 2023. The company's entry adds to the variety of Indonesian companies listed on the global market.

In a press release quoted on Tuesday (14/2), Syailendra S Bakrie, President Director of PT Energi Mega Persada Tbk (ENRG) said that the company is included in the MSCI small cap index list, in which the index is evaluated and announced quarterly.

As of September 2022, the company recorded sales of US$ 131 million and a net profit of US$ 44 million. In addition, the ratio of loans to equity is 0.12 times. "The company is in good liquidity condition," he said.

From January to September 2022, ENRG produced 5.148 barrels of oil per day and 205 million cubic feet of gas per day (million standard cubic feet per day/mmscfd). It currently operates proven and probable reserves of 37 million barrels of oil and 649 billion cubic feet of gas.

As of January 2023, the top 10 issuers at MSCI Indonesia Small Cap include PT Perusahaan Gas Negara Tbk (PGAS), PT Bukalapak.com Tbk (BUKA), PT Indo Tambangraya Megah Tbk (ITMG), PT Bukit Asam Tbk (PTBA), PT Indocement Tunggal Prakarsa Tbk (INTP), PT Berkah Beton Sadaya Tbk (BEBS), PT Gudang Garam Tbk (GGRM), PT Mitra Adiperkasa Tbk (MAPI), PT XL Axiata Tbk (EXCL), and PT Bumi Resources Tbk (BUMI) . (LK/LM)