Company PT Pertamina Geothermal Energy Tbk

Equities

PGEO

ID1000186505

Electric Utilities

End-of-day quote INDONESIA S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
1,290 IDR -1.90% Intraday chart for PT Pertamina Geothermal Energy Tbk -1.90% +10.26%

Business Summary

PT Pertamina Geothermal Energy Tbk is a geothermal management company engaged in the geothermal energy business. Its geographic segments include Kamojang, Lahendong, Ulubelu, Karaha, Lumut Balai and Other segments. Its operational activities include Own Operations and Joint Operating Contracts (JOCs) with PLN. It manages about 13 geothermal working areas (WKP) and 20 geothermal power stations (PLTP) with 672 megawatts (MW) installed capacity that are operated directly by the Company (Own Operation). Its JOCs have about 1205 MW of installed capacity. Its working areas in JOCs include Gunung Salak, Darajat, Wayang Windu, Sarulla and Bedugul Bali. It is carrying out development projects in three WKP in Hululais, Lumut Balai (Unit II) and Sungai Penuh. It is carrying out exploration in two geothermal fields located in Bukit Daun, Bengkulu and Seulawah, Nanggroe Aceh Darussalam. Bukit Daun geothermal exploration area is located in Rejang Lebong and Lebong Regencies, Bengkulu Province.

Number of employees: 507

Sales per Business

IDR in Million2022Weight2023Weight Delta
Own Operations - PT Perusahaan Listrik Negara
77.1 %
4,568,593 79.7 % 4,770,703 77.1 % +4.42%
Own Operations - PT Indonesia Power
18.0 %
955,459 16.7 % 1,115,901 18.0 % +16.79%
Production Allowances
4.9 %
209,922 3.7 % 301,494 4.9 % +43.62%

Sales per region

IDR in Million2022Weight2023Weight Delta
Indonesia
100.0 %
5,733,974 100.0 % 6,188,098 100.0 % +7.92%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 21-02-14
Corporate Officer/Principal 52 22-03-20

Members of the board

Members of the board TitleAgeSince
Chairman 58 20-02-22
Director/Board Member 54 22-02-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 41,487,124,917 4,234,646,386 ( 10.21 %) 0 10.21 %

Shareholders

NameEquities%Valuation
Government of Indonesia
74.82 %
31,046,142,000 74.82 % 2 329 M Rp
Masdar Indonesia Solar Holdings Rsc Ltd.
14.96 %
6,209,421,300 14.96 % 466 M Rp
Pt Pertamina Geothermal Energy Esop
1.519 %
630,398,000 1.519 % 47 M Rp
PT Schroder Investment Management Indonesia
0.0644 %
26,723,500 0.0644 % 2 M Rp
Storebrand Asset Management AS
0.0343 %
14,239,900 0.0343 % 1 M Rp
PT Indo Premier Securities (Investment Management)
0.0335 %
13,903,966 0.0335 % 1 M Rp
Harvest Global Investments Ltd.
0.0264 %
10,972,200 0.0264 % 823 244 Rp
Fideuram Asset Management (Ireland) DAC
0.006454 %
2,678,000 0.006454 % 200 930 Rp
Niche Asset Management Ltd.
0.001663 %
690,000 0.001663 % 51 771 Rp
PT Indo Premier Investment Management
0.000017 %
7,000 0.000017 % 525 Rp

Company contact information

PT Pertamina Geothermal Energy Tbk

Grha Pertamina – Tower Pertamax Jalan Merdeka Timur No. 11-13

10110, Jakarta Pusat

+62 21 3983 3222

http://www.pge.pertamina.com
address PT Pertamina Geothermal Energy Tbk(PGEO)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
1,290 IDR
Average target price
1,467 IDR
Spread / Average Target
+13.75%
Consensus

Annual profits - Rate of surprise

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