Hibiscus Petroleum Berhad (HIBISCS) Earnings Call Transcripts

Hibiscus Petroleum Berhad's Latest Earnings Call - Q3 FY2026

In the third quarter of fiscal year 2026, Hibiscus Petroleum Berhad reported a solid performance driven by higher oil prices and operational advancements. Revenue increased significantly due to an average realized oil price of approximately $120 per barrel, with production guidance maintained at 9 million to 9.4 million barrels of oil equivalent for the fiscal year. The company declared an interim dividend of $0.03, bringing the total for the year to $0.07, with potential for a total of $0.10 if oil prices remain favorable.

Reported metrics

Guidance from management

Management maintained production guidance for FY 2026 at 9 million to 9.4 million barrels of oil equivalent and indicated a potential total dividend of $0.10 per share if oil prices remain above $75.

What management said

[Operator Instructions] So he's asking, can I ask in advance whether to clarify on the M&A options, especially in the U.K., which is subscale at the moment. So I think you're generally asking about M&A options generally M&A options and especially in the U.K. itself, are we considering any M&A?

Well, I don't know. I mean this is not the right time for us to be buying assets, I don't think. And so we are not thinking of buying or selling anything in the U.K. at this point in time.

What analysts pressed on

Analysts raised questions regarding the timing of oil offtakes, which were executed before the rise in oil prices, potentially impacting revenue recognition. There are also concerns about the company's ability to scale operations without a strategic investor, particularly in light of future growth targets.

Main topics on the call

• Higher Oil Prices Impact — Hibiscus achieved an average realized oil price of about $120 per barrel, significantly boosting revenue. Management noted, "we have realized at about USD 120 per barrel" for recent offtakes, which positions the company ...
• Successful Low-Pressure Compressor Project — The low-pressure compressor project in Brunei commenced operations on April 8, 2026, contributing an additional 1,500 barrels of oil equivalent per day. This operational milestone was highlighted as a major achievement b...
• Teal West Project Progress — The Teal West project is on track for first oil production in the second half of 2026, with expected output of 7,000 barrels per day. Management stated, "we expect to have the first oil by the end of June or in the first...
• Dividend Declaration — An interim dividend of $0.03 was declared, totaling $0.07 for the fiscal year. Management indicated that if oil prices remain above $75, they are targeting a total dividend of $0.10 per share.

Read the full Hibiscus Petroleum Berhad transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 11 Hibiscus Petroleum Berhad earnings call transcripts on record, spanning October 5, 2023 to August 28, 2026. Based on this history, Hibiscus Petroleum Berhad reports quarterly. The most recent call on file is dated August 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HIBISCS

Exchange

KLSE

Country

MY

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

11

First call

October 5, 2023

Most recent

August 28, 2026

Reporting cadence

quarterly