Merger Fail is 'Net Positive' for UMW O&G

morning-run · market-watch · 9 May 2017 · 5 mins listen

TA Securities has recently issued a 'buy' call on UMW Oil and Gas at 80 sen per share. Abel also shares his outlook on oil prices, and what that means for the upstream services provider.

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Tags:

Buy Call,TA Securities,UMW-OG,fleet utilisation rate,NAGA 1,earnings,ORKIM,ICON,rigs,Petronas contracts,oil production cut,oil prices outlook,production well

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Merger Fail is 'Net Positive' for UMW O&G

Merger Fail is 'Net Positive' for UMW O&G