Merger Fail is 'Net Positive' for UMW O&G
Abel Goon, Analyst, TA Securities
09-May-17 09:20
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TA Securities has recently issued a 'buy' call on UMW Oil and Gas at 80 sen per share. Abel also shares his outlook on oil prices, and what that means for the upstream services provider.
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Tags: Buy Call, TA Securities, UMW-OG, fleet utilisation rate, NAGA 1, earnings, ORKIM, ICON, rigs, Petronas contracts, oil production cut, oil prices outlook, production well