PT Perusahaan Gas Negara Tbk (PGN) is a leading natural gas utility in Indonesia, primarily engaged in the transportation and distribution of natural gas. The company operates a vast pipeline network across Java and Sumatra, providing gas to both industrial and residential customers, which positions it uniquely in a growing energy market.
Business Overview
PGN generates revenue through the sale of natural gas to industrial users and residential customers, leveraging its extensive pipeline infrastructure. The company benefits from regulated pricing mechanisms that provide stable cash flows, while its strategic partnerships with upstream producers enhance its supply security.
Natural gas demand from industrial sectors in Indonesia
Regulatory changes affecting gas pricing
Fluctuations in global natural gas prices
Infrastructure expansion projects
Risk Factors
Regulatory changes that could impact pricing and profitability
Long-term shift towards renewable energy sources
Emergence of alternative energy providers
Increased competition from other gas suppliers
Potential liquidity issues if cash flow declines significantly
Exposure to currency fluctuations given its operations in Indonesia
Macro Sensitivity
high - PGN's performance is closely tied to industrial activity and consumer spending, both of which are influenced by GDP growth.
Rising interest rates can increase PGN's financing costs for capital expenditures, potentially impacting its expansion plans and profitability.
minimal - PGN's low debt-to-equity ratio (0.38) indicates a strong balance sheet with limited reliance on external financing.
Profile
value - due to its low valuation metrics and stable cash flows.
moderate - the stock has shown significant price fluctuations, particularly in response to regulatory news and commodity price changes.
Explore More
Compare equities side by side
Stocks breaking to new annual highs
S&P 500 oversold value screener
Relative strength momentum leaders
Upcoming earnings dates & reports
Filter and sort all 500 stocks
Continuous multi-factor scoring & catalyst forensics
Today's biggest gainers and losers
