Pertamina Gas Negara reviews Gunvor ruling. Sucor targets Pertamina Gas Negara stock at IDR 2,020

Published on 10/21/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGN cut emissions 29,574.87 tons through August 2026. Pertamina Gas Negara stock costs EUR 0.07 on October 21, 2026. IDX shows IDR 1,330 in Indonesia.

Events and operating markers

On October 19, 2026, PGN said its June 30, 2026 financial statements were under review.
Through August 2026, PGN cut emissions by 29,574.87 tons.
Pertamina Gas Negara stock trades at EUR 0.07 at 9:19 a.m. CEST at Lang & Schwarz on October 21, 2026.
On October 8, 2026, Sucor set an IDR 2,020 target.

Pertamina Gas Negara, ID1000111602, Illustration mit AI erstellt.

Pertamina Gas Negara (ISIN ID1000111602) was trading at EUR 0.07 at Lang & Schwarz on October 21, 2026 at 9:19 a.m. CEST. The company is reviewing the financial impact of a partial London Court of International Arbitration ruling involving Gunvor, while Sucor Sekuritas has set an IDR 2,020 target for the stock.

Gunvor review reaches June 30

In an information disclosure dated October 19, 2026, PGN said it was assessing the arbitration ruling and its effect on consolidated financial statements for June 30, 2026, according to Stockwatch. Management said operations were continuing while the review and coordination with stakeholders proceeded.

The chronology shows how the risk picture has developed. On October 8, 2026, Kontan reported Sucor analyst Giovanus Marcell Lie's IDR 2,020 target. On October 12, 2026, PGN was reported with USD 3.9 billion in fiscal year 2025 revenue, while the October 19 disclosure put the June 30, 2026 statements under review.

What does emissions progress mean?

PGN's operating story provides a counterweight to the legal uncertainty. Through August 2026, the gas subholding had reduced emissions by 29,574.87 tons, 35.30 percent above its target for that period, according to Investortrust. The cumulative reduction since 2025 exceeded 68,500 tons through August 2026, supporting the company's stated aim of linking efficiency with decarbonization.

Stock context stays split

Gas volume assumptions add another measurable reference. PGN's 2026 delivery target was 877 BBTUD, while Sucor's estimate was 878 BBTUD, a difference of 1 BBTUD. That narrow operating comparison sits alongside the unresolved arbitration review and the pending assessment of the June 30 statements.

For investors in Germany, the key distinction is between a live euro indication and the company's underlying Indonesian listing. At Lang & Schwarz, Pertamina Gas Negara stock was trading at EUR 0.07 on October 21, 2026 at 9:19 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Pertamina Gas Negara stock.