PT Perusahaan Gas Negara Tbk (PPAAF) Price & Analysis

PT Perusahaan Gas Negara Tbk (PGN), an Indonesian energy company, primarily focuses on the delivery and supply of natural gas. It facilitates the transportation and distribution of this energy source to a diverse customer base, including industrial facilities, commercial enterprises, and residential consumers, operating in both Indonesia and the United States. The company's operations are organized into distinct divisions: gas commercial and transmission activities, oil and gas exploration and production, and other business lines. Beyond its core gas services, PGN is actively involved in liquefied natural gas (LNG) processing, trading crude oil and natural gas commodities, and pursuing new opportunities in oil and gas exploration, development, and exploitation. Furthermore, it provides a range of specialized services, such as leasing fiber optic infrastructure for network solutions, offering construction and maintenance support to clients, managing and leasing both properties and equipment, and delivering expert engineering and consulting advice. Established in 1859, PGN maintains its principal office in Jakarta, Indonesia. It operates as a subsidiary of PT Pertamina (Persero).