RATU Distributes IDR 122 Billion Dividend, Equivalent to IDR 45 Per Share

JAKARTA – The upstream oil and gas issuer PT Raharja Energi Cepu Tbk (RATU) held its Annual General Meeting of Shareholders (AGMS) and approved all proposed agenda items. This included the ratification of the 2025 fiscal year financial statements and the determination of cash dividend distribution to shareholders. The RATU AGMS agreed on five main agendas. One key decision was the approval of the 2025 Consolidated Financial Statements, which received an unqualified opinion. However, on the other hand, revenue experienced a 14.6% correction to USD 49.3 million. This revenue decline was influenced by lower lifting volumes and oil prices. Nevertheless, the company still recorded operational performance growth through cost efficiencies. Cost of goods sold (COGS) was recorded to have decreased by 29%. This condition drove adjusted EBITDA to grow by 2.0% to USD 30.8 million with a margin above 62%. Meanwhile, the debt-to-equity ratio (DER) stood at 0.30 times. In the AGMS, shareholders also approved a cash dividend distribution of USD 7,030,580 or equivalent to IDR 122.17 billion, assuming an exchange rate of IDR 17,378 per USD on 4 May 2026. The RATU dividend amount is equivalent to IDR 45 per share. Operationally, the company’s performance is still supported by two main working areas, namely the Cepu Block and the Jabung Block. The Cepu Block recorded an average production of 151,000 barrels of oil per day (BOPD) with remaining proven and probable reserves (2P) of 296 million barrels of oil (MMBO). Meanwhile, the Jabung Block booked an average production of 49.7 thousand barrels of oil equivalent per day (BOEPD) with 2P reserves of 243 million barrels of oil equivalent (MMBOE).