Medco Energi International (MEDC), an oil and gas company with interest in power generation, suffered 19.6% drop in net profit to US$10.1 million last year. Like other energy companies, MEDC is consistently valued below its equity due to persistent low return on equity (ROE). What the Company will do to boost performance?

China Shenhua Energy, one of the world’s largest coal producers, sold 25.4 million tons of coal last month, collapsed 36% from March 2014. Yancoal Australia Limited, subsidiary of Yanzhou Coal Mining Co Ltd, meanwhile, reported 10% fall in sales volume in the first three months of 2015.

Sekawan Intipratama (SIAP), a start-up in coal business, was top gainer last year. It ended the year at Rp465 to represent 447% gain. At this price, Sekawan had market cap of Rp11.16 trillion, bigger than Bumi Resources, Berau Coal, Indika Energy, or Toba Bara Sejahtera. Year-to-date, however, SIAP has lost 36% to Rp299. Still, at this price, Sekawan has market cap of Rp7.18 trillion.

KPB Nusantara, the joint marketing office of state plantations, withdrew almost all of CPO packages (8500 tons) auctioned off Friday (April 17) due to low bids. Bids were as low as Rp7425/Kg (VAT 10% included) as CPO ended flat in the futures market.

Oil and gas company PT Medco Energi International (MEDC) Tbk has joined other Indonesian groups to list S$500 million multi currency medium term note (MTN) program on the Singapore Exchange (SGX). The program is arranged by ANZ Banking Group, DBS Bank Ltd, and Mitsubishi UFJ Financial Group (MUFG).

PT KPB Nusantara, the joint marketing office of state plantations, withdrew most of CPO packages auctioned off Thursday (Apr 16) due to low bids. Bids were as low as Rp7517/Kg (VAT 10% included) due to appreciation of rupiah and softening of CPO in the futures market.

WTI crude oil regained grounds in the past few trading days to close at US$56.08 per barrel on Nymex Wednesday (Apr 15). Thermal coal price, on the other hand, yet to improve, mainly due to weak China data.