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Reach Energy Berhad (Malaysia)

Main Activities: Oil and Gas Extraction
Full name: Reach Energy Berhad Profile Updated: November 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Reach Energy Berhad is a Malaysia-based oil and gas exploration and production company with upstream activities focused on identifying, developing, and monetising hydrocarbon resources. The company's business scope encompasses the acquisition and management of upstream interests, technical evaluation of prospects and producing assets, field development planning, production operations, and the marketing or sale of produced hydrocarbons through established offtake and logistics arrangements. Its strategic approach has been associated with pursuing opportunities in mature or under-optimised basins where operational improvements, redevelopment programmes, and enhanced recovery techniques may unlock remaining reserves. The company operates as an upstream-focused corporate platform, typically relying on petroleum engineering, geoscience evaluation, drilling and workover programmes, and production optimisation to sustain output and extend field life. Geographic orientation has been described around Asia-focused upstream opportunities, with corporate headquarters and management functions based in Malaysia. The company's positioning emphasises disciplined capital deployment, technical execution capability, and asset-level optimisation to improve economic recovery from upstream resources. In addition to operational delivery, Reach Energy's strategic priorities commonly include portfolio rationalisation, regulatory compliance, and maintaining stakeholder alignment across petroleum authorities, service providers, and financing counterparties in the upstream value chain.

Headquarters
D3-5-8, Block D3, Solaris Dutamas, N0. 1, Jalan Dutamas 1
Kuala Lumpur; Federal Territories; Postal Code: 50480

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Website: http://www.reachenergy.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 13, 2026
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
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Secretary
Ownership Details
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48.5%
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Subsidiaries
Reach Energy Ventures Sdn. Bhd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
-0.4%
Total operating revenue
2.28%
Operating profit (EBIT)
N/A
EBITDA
-0.73%
Net Profit (Loss) for the Period
94.45%
Total Assets
-2.53%
Total Equity
-23.95%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
161.24%
Return on Equity (ROE)
433.25%
Debt/Equity
-15.92%
Quick Ratio
0.01%
Cash Ratio
0.01%

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