Medco Energi Internasional Could Benefit From Higher Oil Production, Prices -- Market Talk

Dow Jones13:00

0500 GMT - Medco Energi Internasional could benefit from higher oil output and prices, CGS International analysts say in a research report. At a recent analyst call, management reaffirmed its 2026 guidance of oil and gas production of 165-175 thousand barrels of oil equivalent per day, up from 156 mboepd last year, the analysts note. The Indonesian oil and gas producer plans to remain prudent and opportunistic in allocating capital amid volatile oil-price environment. The brokerage also lifts its oil-price assumptions to $85 per barrel from $65 per barrel for 2026 and to $80 per barrel from $70 a barrel for 2027. It raises the stock's target price to 2,170.00 rupiah from 1,730.00 rupiah, with an unchanged add rating. Shares are 0.3% lower at 1,545.00 rupiah. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 10, 2026 01:00 ET (05:00 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2626516501?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-10 13:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2626516501","market":"fut","top_or_hot":-1,"title":"Medco Energi Internasional Could Benefit From Higher Oil Production, Prices -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0500 GMT - Medco Energi Internasional could benefit from higher oil output and prices, CGS International analysts say in a research report. At a recent analyst call, management reaffirmed its 2026 guidance of oil and gas production of 165-175 thousand barrels of oil equivalent per day, up from 156 mboepd last year, the analysts note. The Indonesian oil and gas producer plans to remain prudent and opportunistic in allocating capital amid volatile oil-price environment. The brokerage also lifts its oil-price assumptions to $85 per barrel from $65 per barrel for 2026 and to $80 per barrel from $70 a barrel for 2027. It raises the stock's target price to 2,170.00 rupiah from 1,730.00 rupiah, with an unchanged add rating. Shares are 0.3% lower at 1,545.00 rupiah. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 10, 2026 01:00 ET (05:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Medco Energi Internasional Could Benefit From Higher Oil Production, Prices -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMedco Energi Internasional Could Benefit From Higher Oil Production, Prices -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-10 13:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0500 GMT - Medco Energi Internasional could benefit from higher oil output and prices, CGS International analysts say in a research report. At a recent analyst call, management reaffirmed its 2026 guidance of oil and gas production of 165-175 thousand barrels of oil equivalent per day, up from 156 mboepd last year, the analysts note. The Indonesian oil and gas producer plans to remain prudent and opportunistic in allocating capital amid volatile oil-price environment. The brokerage also lifts its oil-price assumptions to $85 per barrel from $65 per barrel for 2026 and to $80 per barrel from $70 a barrel for 2027. It raises the stock's target price to 2,170.00 rupiah from 1,730.00 rupiah, with an unchanged add rating. Shares are 0.3% lower at 1,545.00 rupiah. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 10, 2026 01:00 ET (05:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BWET","symbol_name":"BREAKWAVE TANKER SHIPPING ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2626516501","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626516501","pubTimestamp":1775797200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0500 GMT - Medco Energi Internasional could benefit from higher oil output and prices, CGS International analysts say in a research report. At a recent analyst call, management reaffirmed its 2026 guidance of oil and gas production of 165-175 thousand barrels of oil equivalent per day, up from 156 mboepd last year, the analysts note. The Indonesian oil and gas producer plans to remain prudent and opportunistic in allocating capital amid volatile oil-price environment. The brokerage also lifts its oil-price assumptions to $85 per barrel from $65 per barrel for 2026 and to $80 per barrel from $70 a barrel for 2027. It raises the stock's target price to 2,170.00 rupiah from 1,730.00 rupiah, with an unchanged add rating. Shares are 0.3% lower at 1,545.00 rupiah. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BWET":"BREAKWAVE TANKER SHIPPING ETF","BNO":"美国布伦特原油基金有限合伙企业","DIG":"二倍做多美国油气指数","DBO":"原油ETF-PowerShares","DBC":"商品指数ETF-PowerShares DB","BK4588":"碎股","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","IEO":"iShares Dow Jones U.S. Oil & Gas","USO":"美国原油ETF","DBE":"能源商品ETF-PowerShares","IXC":"全球能源业ETF-iShares","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","SCO":"二倍做空彭博原油指数ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","PXJ":"Invesco Oil & Gas Services ETF","OIH":"石油服务ETF","USE":"USCF Energy Commodity Strategy Absolute Return Fund","XLE":"SPDR能源指数ETF","USL":"United States 12 Month Oil Fund LP","VDE":"Vanguard Energy ETF","ERX":"二倍做多能源ETF-Direxion","DRLL":"Strive U.S. Energy ETF","OILK":"ProShares K-1 Free Crude Oil ETF","BK4570":"地缘局势概念股","UGA":"United States Gasoline Fund LP","OILT":"Texas Oil Index ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","BK4585":"ETF&股票定投概念","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","UCO":"二倍做多彭博原油ETF","XOP":"油气开采指数ETF-SPDR S&P"},"translate_title":"Medco Energi Internasional可能受益于石油产量和价格上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/887be42993a59efd5182f2984f250df7","symbols_score_info":{"USOI":0.9,"OILT":0.9,"PXJ":0.9,"OILU":0.9,"BNO":0.9,"ERX":0.9,"DRLL":0.9,"DIG":0.9,"GUSH":0.9,"OILK":0.9,"USE":0.9,"DBO":0.9,"USO":0.9,"VDE":0.9,"IXC":0.9,"DBC":0.9,"USL":0.9,"XLE":0.9,"DUG":0.9,"BWET":0.9,"OIH":0.9,"SCO":0.6,"UCO":0.6,"DBE":0.9,"XOP":0.9,"UGA":0.9,"IEO":0.9,"DRIP":0.9},"content_text":"0500 GMT - Medco Energi Internasional could benefit from higher oil output and prices, CGS International analysts say in a research report. At a recent analyst call, management reaffirmed its 2026 guidance of oil and gas production of 165-175 thousand barrels of oil equivalent per day, up from 156 mboepd last year, the analysts note. The Indonesian oil and gas producer plans to remain prudent and opportunistic in allocating capital amid volatile oil-price environment. The brokerage also lifts its oil-price assumptions to $85 per barrel from $65 per barrel for 2026 and to $80 per barrel from $70 a barrel for 2027. It raises the stock's target price to 2,170.00 rupiah from 1,730.00 rupiah, with an unchanged add rating. Shares are 0.3% lower at 1,545.00 rupiah. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 10, 2026 01:00 ET (05:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2626516501","isCrawlerRequest":true}