Take a look at top 3 oil and gas companies with jumbo dividends
05 Jul 2024 14:26
Three out of 19 issuers in oil and gas industry were reported distributing jumbo dividend to its shareholders for the fiscal year (FY) 2023.
MEDC’s total dividend went up 7.76% to USD 70.4 million
03 Jun 2024 14:08
PT Medco Energi Internasional Tbk (MEDC) reported total dividend for the fiscal year (FY) 2023 of USD 70.4 million, 7.76% higher from FY 2022 allocation of USD 65 million.
Medco Energi to divest in Area 47 Libya, transferring it to NOC
28 May 2024 09:05
PT Medco Energi Internasional Tbk (MEDC) has reportedly divested its shares in Area 47 contract located in Libya and transferred them to Libya National Oil Corporation (NOC).
Medco Energi sets up IDR 200 billion for shares buyback
19 Apr 2024 19:58
PT Medco Energi Internasional Tbk (MEDC) is scheduling a shares buyback with a budget set to IDR 200 billion or equal to USD 12.5 million.
Foreign buys and sells are stable, with a net foreign volume surplus of 92.60 million shares
20 Mar 2024 17:57
Foreign investors were seen purchasing and selling shares on Tuesday, March 19, with stable volumes. The foreign buying volume was around 2.44 billion shares, while the foreign selling volume was 2.35 billion shares. As a result, net foreign volume hit a surplus of around 92.60 million shares. The largest number of shares purchased belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with 748.26 million shares and a net volume of 136.85 million shares. Meanwhile, the stock with the highest sales belonged to the e-commerce company PT Bukalapak.com Tbk (BUKA), which sold 212.12 million shares and whose net volume was -121.92 million shares.
Purchasing 15 billion new shares of Amman Mineral (AMMN), Medco Energi Internasional controls 20.92% of the stakes
02 Feb 2024 14:47
On Tuesday, January 30, PT Medco Energi Internasional Tbk (MEDC) made a fresh investment in PT Amman Mineral Internasional Tbk (AMMN). MEDC then purchased 15.16 billion shares of AMMN, gaining 20.92% ownership of the gold and copper mining corporation. Aside from that, Six Sis Ltd. invested 434.51 million new shares in PT Delta Dunia Makmur Tbk (DOID), a coal mining contractor services company with a final ownership percentage of 5.04%.
Medco Energi to issue IDR 1.5 trillion of bonds for refinancing
19 Jan 2024 11:33
PT Medco Energi Internasional Tbk (MEDC) will issue Shelf-Registration Bonds V Phase II Year 2024 with total principal worth IDR 1.5 trillion.
AKRA vs MEDC, market-cap giants of oil and gas industry
18 Jan 2024 15:12
PT AKR Corporindo Tbk (AKRA) and PT Medco Energi Internasional Tbk (MEDC) recorded highest market capitalisations among their competitors in the oil and gas industry in 2023.
An increase in foreign purchases brings net foreign volume back to the green zone
15 Jan 2024 17:03
Foreign buying volume increased to 2.25 billion shares on Thursday, January 11, which brought back the net foreign to the green zone at 238.97 million shares.
Foreign buying volume nearly hit 2 billion shares, with a surplus net foreign of 223 million shares
10 Jan 2024 16:31
Foreign buying volume on Tuesday, January 9, nearly hit 2 billion shares, while foreign selling volume was 1.72 billion shares.