PT Energi Mega Persada Net Profit Surges 21 Per Cent in 2025

PT Energi Mega Persada Tbk (ENGR), an upstream oil and gas emitter under the Bakrie Group, reported net profit growth of two digits throughout 2025. The company achieved net profit of US$91.53 million, equivalent to approximately Rp 1.53 trillion (at an estimated exchange rate of Rp 16,770 per US dollar). This figure represents a 21 per cent year-on-year increase compared to the previous year’s US$75.39 million, or approximately Rp 1.26 trillion.

The company also recorded double-digit EBITDA growth of 11 per cent, rising from US$278.86 million to US$309.71 million. Meanwhile, net sales increased 7 per cent from US$467.42 million in 2024 to US$498.13 million in 2025.

Chief Executive Officer and President Director of ENGR, Syailendra S. Bakrie, stated that the company is aggressively strengthening its production foundation through continuous investment. The company allocated more than US$250 million, equivalent to approximately Rp 4.19 trillion, for exploration and development programmes across all production assets.

“As a result, we have been able to increase the reliability of our fields and expand production capacity for our assets in the future,” Syailendra said in an official statement on Friday, 27 February 2026.

This expansion initiative is regarded as a key driver of EBITDA and net profit growth. By improving asset reliability, ENGR has been able to maintain stable production whilst optimising cost efficiency.

Meanwhile, Chief Financial Officer and Vice President Director of ENGR, Edoardus Ardianto, reaffirmed the company’s commitment to maintaining a healthy balance sheet and enhancing long-term value for shareholders. ENGR will maximise the value of its existing assets through operational efficiency, disciplined capital allocation, and prudent financial management.

“We are targeting further strengthening of financial performance and increased long-term value for our shareholders,” Edoardus said.

He expressed optimism that the successful issuance of bonds in the first quarter of 2026 will help reduce the company’s financing costs going forward. This strategy is believed to strengthen the capital structure whilst providing more flexible expansion space.