Financial Results Of Companies Listed On Bei In The Oil And Gas Subsector

Abstract

The purpose of this study is to ascertain the corporations' subsector oil and gas development's financial performance. The companies in the sample are Radiant Utama Interinsco, Apexindo Pratama Duta, Elnusa, Energi Mega Persada, Mitra Investindo, and Perdana Karya Perkasa. Purposive sampling was used to gather the data, and financial ratio analysis was used for analysis. According to the research's findings, while looking at the liquidity ratio, only the Apexindo Pratama Duta and Perdana Karya Perkasa enterprises had poor financial performance. The company with the best financial performance is Perdana Karya Perkasa companies. When the leverage ratio and profitability ratios of these six companies are examined, their financial performance is not typical.