Petronas Dagangan stock sits 18.02 percent below its 52-week high

Published on 10/02/2026 at 22:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Petronas Dagangan stock gets a MYR 21.70 average target from 10 analysts. Revenue rose 77.00 percent to MYR 16.09 billion in the second quarter of 2026.

Petronas Dagangan, MYL5681OO001, Illustration mit AI erstellt.

Petronas Dagangan (ISIN MYL5681OO001) had a MYR 19.1 billion market capitalization on October 2, 2026, while its latest market price stood 18.02 percent below the MYR 23.42 52-week high. The company delivered a sharp second-quarter improvement in revenue and profit, but the share remains below its yearly peak.

Second-quarter revenue jumps 77.00 percent

According to PETRONAS Dagangan in its investor-relations materials dated August 24, 2026, revenue reached MYR 16,091.1 million in the second quarter of 2026, up 77.00 percent year over year.

Profit after tax rose 44.00 percent year over year to MYR 394.0 million in the same quarter, while gross profit increased 19.00 percent to MYR 1,311.3 million. The result shows that higher selling prices and stronger sales volumes supported earnings despite volatile crude oil markets.

Analyst target remains above market price

Investing.com reported on September 25, 2026, that 10 analysts set an average 12-month target of MYR 21.70, with six Buy ratings and four Hold ratings. The target is 13.02 percent above the MYR 19.20 Bursa Malaysia price used in the comparison, calculated from the two MYR values.

The analyst picture is not uniformly positive. MarketScreener reported that TA Securities downgraded Petronas Dagangan from Buy to Hold on August 26, 2026, with a MYR 20.80 price target. That target sits 8.33 percent above MYR 19.20, making the broader consensus more optimistic than this single rating.

Market price stays below yearly high

The 5681.KL quote was last at MYR 19.20 on Bursa Malaysia on October 2, 2026 at 4:50 p.m. MYT. The 52-week range was MYR 17.12 to MYR 23.42, and the market capitalization was MYR 19.1 billion on the same date.