OREANDA-NEWS. While the price of Brent Oil is up 2.2% on the month so far, the ten Oil & Gas exploration and production stocks listed on Singapore Exchange (SGX) have averaged a 2.2% gain which have ranged from a 10.2% gain for Alpha Energy Holdings to a 0.9% decline for Linc Energy. Over the same three sessions, the 32 offshore service providers listed on SGX have averaged a 0.5% gain – ranging from 8.0% gains for Charisma Energy Services and Sinwa to and 11.75 decline for MTQ Corp.

Oil prices have been volatile. What do investors need to know about managing risk & uncertainty in the exploration & production business? 

Oil & Gas Exploration and Production

The ten stocks in Exploration and Production have a combined market capitalization of S\$2,301.4 million and they averaged 2.2% price gain in the month-to-date. The three best performing stocks of the group during the first three sessions of February were Alpha Energy Holdings, RH Petrogas and Rex International Holdings.

10 E&Ps SGX Code Market Cap \$SM Price Change MTD % 52 week Low Current 52 week high
KRISENERGY LTD SK3 660.2 1.6 0.600 0.630 0.875
REX INTERNATIONAL HOLDINGS 5WH 499.3 2.6 0.300 0.395 0.725
LINC ENERGY LTD TI6 339.8 -0.9 0.540 0.580 1.495
RH PETROGAS LTD T13 290.0 5.3 0.315 0.395 0.980
GIKEN SAKATA SINGAPORE LTD 542 127.6 0.0 0.245 0.270 0.295
RAMBA ENERGY LTD R14 111.7 1.8 0.270 0.290 0.675
MIRACH ENERGY LTD C68 101.2 1.2 0.071 0.085 0.275
INTERRA RESOURCES LTD 5GI 73.6 0.6 0.160 0.165 0.420
ALPHA ENERGY HOLDINGS LTD 5TS 59.6 10.2 0.126 0.205 0.730
LOYZ ENERGY LIMITED 594 38.4 0.0 0.078 0.090 0.400

Source: SGX StockFacts *Current price as of 4 Feb

Alpha Energy Holdings

Alpha Energy Holdings was formerly known as JK Tech Holdings Limited. The company is now an acquirer of exploration and production projects after changing its business focus to energy in May 2014. Its current single energy asset is the Mustang project in the Kuparuk Sands in Alaska which was acquired in July 2014. 

RH Petrogas

RH Petrogas explores, develops, and produces oil and gas properties in Indonesia, China, Myanmar, and Malaysia. It develops and produces hydrocarbon resources in Fuyu 1 Block located covering an area of approximately 254.9 square kilometers in the Songliao Basin, Jilin Province, the People’s Republic of China; and explores and produces crude oil in West Belida Block, Jambi, South Sumatra, Indonesia covering an area of approximately 1,402 square kilometers. RH Petrogas Limited was incorporated in 1987 and is headquartered in Singapore. On 12 November 2015, the company reported that the revenue for the three months ended on 30 September 2014 decreased by 2.8% to US\$18.7 million (click here to view).

REX International Holdings

Rex International Holding operates as an independent exploration and production company. The company conducts its operations through Oil and Gas Exploration and Production, and Non-Oil and Gas segments. It holds interests in various offshore and onshore concessions in the Middle East, Norway, and the United States. The company is based in Singapore. Rex International Holding Limited is a subsidiary of Rex Commercial Ltd. On 12 November 2014, the company reported that their finance income for the three months ended on 30 September 2014 increased by 1200% to US\$0.3 million.

Offshore Service Providers

The 32 Offshore Service Providers stocks have a combined market capitalization of S\$8,494.5 million and they averaged 0.5% price gain in the first three sessions of February. The three best performing stocks of the group during the first three sessions of February were Charisma Energy Services, Sinwa and Civmec.

32 Offshore Service Providers SGX Code Market Cap \$SM Price Change MTD % 52 week Low Current 52 week high
EZION HOLDINGS LTD 5ME 2036.3 1.6 1.020 1.290 1.958
PACC OFFSHORE SERVICES HOLDINGS U6C 1010.1 4.7 0.470 0.555 1.195
PACIFIC RADIANCE LTD T8V 569.7 3.3 0.680 0.785 1.515
EZRA HOLDINGS LTD 5DN 547.3 1.9 0.495 0.540 1.231
MERMAID MARITIME PCL DU4 424.0 0.0 0.275 0.300 0.550
CH OFFSHORE LTD C13 359.6 3.0 0.395 0.510 0.525
CIVMEC LTD P9D 350.7 6.1 0.620 0.700 0.800
SWISSCO HOLDINGS LTD ADP 322.3 3.2 0.435 0.480 1.125
CHARISMA ENERGY SERVICES LTD 5QT 278.3 8.0 0.024 0.027 0.070
CHUAN HUP HOLDINGS LTD C33 256.7 0.0 0.250 0.275 0.310
GAYLIN HOLDINGS LTD RF7 240.9 0.0 0.480 0.550 0.590
VALLIANZ HOLDINGS LTD 545 234.0 0.0 0.066 0.070 0.169
AUSGROUP LTD 5GJ 225.8 1.7 0.230 0.305 0.525
FALCON ENERGY GROUP LTD 5FL 222.6 0.0 0.225 0.275 0.440
EMAS OFFSHORE LTD UQ4 217.6 0.0 0.490 0.495 1.060
KS ENERGY LTD 578 205.2 3.9 0.355 0.400 0.525
SWIBER HOLDINGS LTD AK3 118.6 1.6 0.163 0.194 0.675
MTQ CORP LTD M05 139.8 -11.7 0.890 0.905 1.833
KIM HENG OFFSHORE & MARINE HOLDINGS 5G2 105.8 -7.5 0.134 0.149 0.305
XMH HOLDINGS LTD M9F 99.8 0.0 0.200 0.230 0.360
SINWA LTD 5CN 91.4 8.0 0.198 0.270 0.280
ATLANTIC NAVIGATION HOLDINGS 5UL 86.0 0.0 0.325 0.330 0.590
SBI OFFSHORE LTD 5PL 63.7 -3.8 0.103 0.255 0.555
VIKING OFFSHORE AND MARINE LTD 557 58.9 -5.1 0.069 0.074 0.152
NORDIC GROUP LTD MR7 49.2 4.2 0.089 0.123 0.138
KTL GLOBAL LTD EB7 35.1 -0.6 0.072 0.156 0.167
HOE LEONG CORPORATION LTD H20 30.3 -4.8 0.038 0.060 0.145
JASPER INVESTMENTS LTD FQ7 29.6 0.0 0.005 0.007 0.049
JAYA HOLDINGS LTD J10 25.5 -2.9 0.029 0.033 0.820
JASON MARINE GROUP LTD 5PF 25.4 0.0 0.150 0.240 0.295
IEV HOLDINGS LTD 5TN 22.7 0.0 0.110 0.120 0.380
HEATEC JIETONG HOLDINGS LTD 5OR 11.6 0.0 0.068 0.094 0.125

Source: SGX StockFacts *Current price as of 4 Feb

Charisma Energy Services

Charisma Energy Services provides mechanical and electrical engineering services in Singapore. It also operates as a scaffolding contractor in refinery, petro-chemical, construction, and marine industries. The company was formerly known as YHM Group Limited and changed its name to Charisma Energy Services Limited in November 2013. Charisma Energy Services Limited is based in Singapore. On 4 November 2014, the company reported that their revenue for the third quarter period ended 30 September was US\$1.3 million.

Sinwa

Sinwa operates in shipping agency, offshore marine supply, and logistics businesses. It supplies deck stores, engine stores, electrical stores, safety equipment, general consumables and tools, provisions, and bonded stores and slop chest items. The company operates in Singapore, the People’s Republic of China, and Australia. Sinwa Limited is headquartered in Singapore. On 6 November 2014, the company reported that their revenue for the three months ended 30 September 2014 increased by 18.5% to S\$39.7 million.

Civmec

Civmec provides heavy engineering and construction services to resources and infrastructure sectors in Australia. It operates in two segments, Oil and Gas, and Mining and Others. Civmec Limited was founded in 2009 and is headquartered in Henderson, Australia. On 13 November 2014, the company reported that their gross profit for the first quarter ended 30 September 2014, increased by 21.1% to S\$20.0 million.