MedcoEnergi releases transcript of 2026 annual public expose
Reuters2026/09/11 09:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Medco Energi’s annual public expose on Sept. 9, 2026 drew 211 participants; COO Amri Siahaan, CFO Benny Setiawan attended.
- Kept 2026 oil and gas output guidance at 165,000-170,000 boepd despite 1H output of 170,000 boepd; cited 2H maintenance.
- Maintained 2026 targets for power sales of 4,550 GWh; capex set at USD 430 million, split USD 415 million upstream.
- Management expects 1H financial results to improve versus 1Q on higher output, stronger 2Q oil prices, stable costs.
- Flagged optional monetization of its Amman Mineral stake valued at about USD 2.6 billion; timing depends on valuation and shareholder benefit.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Medco Energi Internasional Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32147996) on September 11, 2026, and is solely responsible for the information contained therein.
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