PGN targets 34,000 Batam homes: Pertamina Gas Negara stock trades at EUR 0.06

Published on 10/19/2026 at 09:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGN cut 29,574.87 tons by August 2026, 35.30 percent above target. Pertamina Gas Negara stock costs EUR 0.06 on October 19, 2026 versus IDR 1,160 on IDX.

Batam expansion and investor metrics

PGN targeted 34,000 household gas connections in Batam for 2026-2027 on October 12, 2026.
Revenue reached USD 3.9 billion in fiscal year 2025, while net income was USD 215.4 million.
Pertamina Gas Negara stock trades at EUR 0.06 at 9:21 a.m. CEST at Lang & Schwarz on October 19, 2026.
Sucor Sekuritas projected 878 BBTUD in fiscal year 2026 and set an IDR 2,020 target on September 2, 2026.

Pertamina Gas Negara, ID1000111602, Illustration mit AI erstellt.

Pertamina Gas Negara stock (ISIN ID1000111602) is trading at EUR 0.06 at Lang & Schwarz on October 19, 2026 at 9:21 a.m. CEST, while PGN is targeting 34,000 household gas connections in Batam for 2026-2027. The Batam expansion gives investors a concrete measure of the companys domestic network ambitions.

Batam expansion reaches 34,000 homes

According to Investortrust on October 12, 2026, PGN planned 34,000 household connections in Batam across 2026 and 2027. The GEMPITA GasKita program covered 10 residential areas, linking the project to customer acquisition as well as infrastructure expansion.

The operating backdrop also includes a measurable efficiency signal. Stockwatch.id reported on October 19, 2026, that PGN had reduced emissions by 29,574.87 tons through August 2026, exceeding the period target by 35.30 percent.

What does the expansion add?

The financial base is larger than the Batam project alone. Investortrust reported that revenue reached USD 3.9 billion in fiscal year 2025, up 5.00 percent from the prior year, while operating profit was USD 519.6 million and net income was USD 215.4 million. The company also distributed USD 172.29 million in fiscal year 2025 dividends.

The main counter-factor is execution risk around gas supply and the Gunvor arbitration. Kontan reported on October 8, 2026, that Sucor Sekuritas projected fiscal year 2026 distribution volume of 878 BBTUD and set an IDR 2,020 price target in a September 2, 2026 research note. The same report cited a possible USD 58.4 million additional provision if the arbitration penalty is imposed in full.

Three dates frame PGN

PGN targeted 878 BBTUD of fiscal year 2026 distribution volume on September 2, 2026; it planned 34,000 Batam household connections on October 12, 2026; and it reported 29,574.87 tons of emissions reductions through August 2026 on October 19, 2026. Together, the dates connect operating scale, network growth and efficiency.

Next milestones for the stock

The next substantiated company date is October 29, 2026, for quarterly results, as shown in the company topic record. The results will provide the next reported test of revenue, profit and cash generation against the fiscal year 2025 base.

Market value and trading phase

PT Perusahaan Gas Negara Tbk last traded at IDR 1,160 on the IDX on October 19, 2026 at 2:14 p.m. WIB, according to the dated market record. Its market capitalization was IDR 28.1 trillion, and the 52-week range was IDR 1,125.00 to IDR 2,520.00 as of October 19, 2026.

Pertamina Gas Negara stock was trading at EUR 0.06 at Lang & Schwarz on October 19, 2026 at 9:21 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Pertamina Gas Negara stock.