Pertamina Gas Negara stock: Sucor names IDR 2,020 target for Pertamina Gas Negara stock

Published on 10/19/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGN targets 877 BBTUD of gas deliveries in 2026, up 4.00 percent. Pertamina Gas Negara stock costs EUR 0.06 on October 19, 2026, down 4.20 percent on IDX.

Target and operating metrics

Sucor named an IDR 2,020 target for Pertamina Gas Negara on October 8, 2026.
PGN targets 877 BBTUD of gas deliveries in 2026, representing 4.00 percent annual growth.
Pertamina Gas Negara stock costs EUR 0.06 at Lang & Schwarz on October 19, 2026, down 4.20 percent on the IDX.
The IDX 52-week range was IDR 1,125.00 to IDR 2,520.00 on October 19, 2026.

Pertamina Gas Negara, ID1000111602, Illustration mit AI erstellt.

Pertamina Gas Negara (ID1000111602) has an IDR 2,020 target from Sucor Sekuritas, 77.19 percent above the IDX price of IDR 1,140 on October 19, 2026, according to Kontan. At Lang & Schwarz, the stock was trading at EUR 0.06 on October 19, 2026 at 4:04 p.m. CEST, while the IDX session ended at IDR 1,140, down 4.20 percent.

Sucor target and gas volumes

The target rests on an operating plan rather than a single market statistic. Kontan reported on October 8, 2026 that PGAS targeted gas distribution of 877 BBTUD in 2026, an annual increase of 4.00 percent. Sucor analyst Giovanus Marcell Lie projected 878 BBTUD, or 5.00 percent annual growth.

The same report identified 5.45 BBTUD of additional supply from the Tungkal working area for 2026 through 2034. That supply timeline gives the target a longer operating horizon, while availability for industrial customers remains a key execution variable.

IDX price near yearly low

The IDX price of IDR 1,140 on October 19, 2026 stood 1.33 percent above the 52-week low of IDR 1,125.00 and 54.76 percent below the 52-week high of IDR 2,520.00. The session opened at IDR 1,180.00, reached IDR 1,180.00, touched IDR 1,125.00 and traded 29,560,000 shares.

The daily move was minus 4.20 percent on the IDX. The euro quote from Lang & Schwarz was EUR 0.06 at 4:04 p.m. CEST, giving investors in Germany a separate euro-denominated view of the same company.

Cash and legal risk

PGAS also carries measurable financial cushions and risks. Kontan cited net cash of USD 0.9 billion and annual operating cash flow of USD 0.7 billion. The report also put the initial Gunvor claim at USD 130.4 million and the potential pretax burden at USD 58.0 million.

For investors, the contrast is clear: Sucor's IDR 2,020 target depends on volume growth and supply security, while the Gunvor dispute remains a quantified counterweight. PGAS is an IDX-listed Indonesian gas transmission and distribution company, according to Perplexity.

Price and operating frame

On October 19, 2026, the stock was trading at EUR 0.06 at Lang & Schwarz at 4:04 p.m. CEST. The IDX price was IDR 1,140, down 4.20 percent on the session, while the 52-week range extended from IDR 1,125.00 to IDR 2,520.00.

The further course of trading is shown by the continuously updated real-time quote of Pertamina Gas Negara stock.