Velesto Energy Bhd.is an investment holding company, which provides drilling and oilfield services for the oil and gas industry. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan and currently employs 647 full-time employees. The company went IPO on 2013-11-01. The firm owns and operates six jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet. The firm is also a provider of workover services through its fleet of hydraulic workover units. In addition, it provides integrated drilling and workover services to meet its clients’ requirements. The firm has four segments. The drilling services segment is principally involved in the provision of drilling services to the upstream oil and gas sector. This segment owns and operates several drilling rigs. The integrated services segment principally provide hydraulic workover operation. The oilfield services segment principally provides oil country tubular goods threading, repair and inspection services. The others segment is involved in investment holding, provision of support services, management and corporate services.
Follow-Up Questions
What is the price performance of VLSOF stock?
The current price of VLSOF is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Velesto Energy Bhd?
Velesto Energy Bhd belongs to Energy industry and the sector is Energy
What is Velesto Energy Bhd market cap?
Velesto Energy Bhd's current market cap is $NaN
Is Velesto Energy Bhd a buy, sell, or hold?
According to wall street analysts, 10 analysts have made analyst ratings for Velesto Energy Bhd, including 4 strong buy, 7 buy, 3 hold, 0 sell, and 4 strong sell
