Hibiscus Petroleum Bhd. · MYX:HIBISCS
Hibiscus Petroleum Bhd — FY2026 Earnings Presentation
25 slides from Hibiscus Petroleum Bhd's earnings presentation, Aug 28, 2026
Slide 1: Q4 FY2026 Results Investor Briefing
Q4 FY2026 RESULTS Investor Briefing 28 August 2026
Slide 2: Disclaimer
DISCLAIMER The purpose of this presentation is to provide general information about Hibiscus Petroleum Berhad (the “Company”) to assist potential investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information that a prospective i
Slide 3: FY2026 Overview
FY2026 OVERVIEW Continued growth across key financial metrics RM 2.3 billion RM 1.1 billion 9.3 MMboe RM 361 million Revenue EBITDA Oil & Gas Sold Profit After Tax (PAT) Above RM2 billion for Above RM1 billion for Surpassed the 9 MMboe A 207% increase from FY2025 the 4th consecutive year the 5th con
Slide 4: FY2026 Operational & Financial Summary
FY2026 OPERATIONAL & FINANCIAL SUMMARY OPERATIONAL SUMMARY FINANCIAL SUMMARY FY2026 FY2025 % Change FY2026 FY2025 % Change Daily 25,482 boe/d 26,462 boe/d 4% Revenue RM2.34 bil RM2.33 bil 0.4% Production Annual 9.4 MMboe 9.0 MMboe 4% Production Revenue Drivers EBITDA RM1.11 bil RM1.01 bil 10% Sales
Slide 5: FY2026 Cashbridge
FY2026 CASHBRIDGE Higher operating cashflows, with lower gearing Key CAPEX Projects Asset Capex (RM million) Key Projects Free Cash Flow: RM92 million UK: Teal West 380 Drilling of Oil Producer Malaysia-Vietnam: PM3 CAA 127 Bunga Raya Infill & Bunga Aster Appraisal Wells 512 Brunei: Block B MLJ 109
Slide 6: Highest Full Year Dividend Declared
HIGHEST FULL YEAR DIVIDEND DECLARED INCREASING YEARLY DIVIDEND TREND SINCE FY2021 8.0 sen/share (USD65/bbl to USD75/bbl) FY2026 Guidance 10.0 sen/share (>USD75/bbl) Dividend Guidance 10.0 • On track to achieve the higher end of FY2026 dividend guidance • ~5% dividend yield based on share price as of
Slide 7: Advancing Towards 2026 Production Targets
ADVANCING TOWARDS 2026 PRODUCTION TARGETS 2026 Mission of achieving 35kboe/d in production on track with solid progress on Teal West & LPC First Oil Achieved in Teal West, UK LPC Drives Production Growth in Brunei • First Oil achieved on 4th July 2026, with average oil • Gas and condensate productio
Slide 8: Looking Ahead: Developments in the PKNB Cluster
LOOKING AHEAD: DEVELOPMENTS IN THE PKNB CLUSTER Status updates and upcoming plans in PKNB’s Pertang & Kenarong fields PKNB Cluster: Pertang & Kenarong (PK) • The PKNB Cluster is being developed in two phases • Phase 1 – PK Fields: Field Development Plan approved in July 2026; Final Investment Decisi
Slide 9: FY2026 & FY2027 Guidance Snapshot
FY2026 & FY2027 GUIDANCE SNAPSHOT • FY2026 Sales & Production Guidance Achieved • FY2026 Dividend Exceeded Minimum Guidance FY2026 FY2027 Guidance Guidance Actual Sales Volume 9.0 – 9.4 MMboe 9.3 MMboe 10.7 – 11.2 MMboe Production 9.1 – 9.5 MMboe 9.4 MMboe 10.7 – 11.2 MMboe OPEX ~USD20-25/boe ~USD22
Slide 10: Hibiscus: Well-Positioned for Continued Growth
HIBISCUS: WELL-POSITIONED FOR CONTINUED GROWTH SOLID PROGRESS TO CLOSE OUT FY2026 HIGHEST FULL YEAR DIVIDEND AT 10.0 SEN/SHARE • Revenue reached above RM2 billion for the 4th consecutive • Fourth interim single-tier dividend of 2.0 sen/share year, EBITDA reached above RM1 billion for the 5th declare
Slide 11: Thank You
THANK YOU For more information, please contact faq@hibiscuspetroleum.com
Slide 12: Appendices
APPENDICES ws
Slide 13: Appendix I - Group Operational Information
APPENDIX I - GROUP OPERATIONAL INFORMATION
Slide 14: Q4FY2026 Operational Summary & Financial Summary
Q4FY2026 OPERATIONAL SUMMARY & FINANCIAL SUMMARY OPERATIONAL HIGHLIGHTS FINANCIAL HIGHLIGHTS Q4FY2026 Q3FY2026 % Change Q4FY2026 Q3FY2026 % Change Production 26,769 boe/d 26,251 boe/d 2% Revenue RM846 mil RM518 mil 63% Revenue Drivers Sales Volume 2.5 MMboe 2.3 MMboe 10% EBITDA RM400 mil RM274 mil 4
Slide 15: Reserves and Resources
RESERVES AND RESOURCES 77 MMboe of 2P reserves and 122 MMboe of 2C resources present opportunity for monetisation Notes: 1 Reserves and resources are as of 1 July 2026. 2 Kinabalu, Block B MLJ, Anasuria and Block 46 Cai Nuoc 2P Reserves and 2C Contingent Resources are based on internal estimates. 3
Slide 16: FY2026 Operational Summary by Asset
FY2026 OPERATIONAL SUMMARY BY ASSET Block 46 Cai PM3 CAA North Sabah Kinabalu Block B MLJ Anasuria Cluster Total or Average Nuoc Average uptime % 90 90 83 89 65 90 - Average gross oil & condensate production bbl/day 15,418 12,854 7,379 1,897 3,339 326 41,213 Average net oil & condensate production b
Slide 17: Q4 FY2026 Operational Summary by Asset
Q4 FY2026 OPERATIONAL SUMMARY BY ASSET Block 46 Cai PM3 CAA North Sabah Kinabalu Block B MLJ Anasuria Cluster Total or Average Nuoc Average uptime % 93 92 83 96 61 93 - Average gross oil & condensate production bbl/day 16,024 12,349 7,098 2,700 2,443 338 40,952 Average net oil & condensate productio
Slide 18: Offtake Schedule
OFFTAKE SCHEDULE Achieved FY2026 sales volume guidance of ~9.3MMboe Total net oil, condensate and gas sales volume (boe) Actual – Latest Estimate – Q1 FY2027 Latest Estimate – Q2 FY2027 FY2026 Jul 20261 Aug 2026 Sep 2026 Total Oct 2026 Nov 2026 Dec 2026 Total Oil & Cond. 1,213,710 - - 300,000 300,00
Slide 19: Appendix II – Group Financial Information
APPENDIX II – GROUP FINANCIAL INFORMATION
Slide 20: FY2026 Profit or Loss (by Segment)
FY2026 PROFIT OR LOSS (BY SEGMENT) Peninsular Malaysia Sabah Malaysia United Total RM'000 Brunei Vietnam Others1 PM3 CAA PM305 PKNB PM327 Subtotal North Sabah Kinabalu Subtotal Kingdom (HPB Group) Revenue 790,688 - - - 790,688 604,050 332,084 936,134 173,739 440,584 (11,928) 12,553 2,341,770 Cost Of
Slide 21: Q4 FY2026 Profit or Loss (by Segment)
Q4 FY2026 PROFIT OR LOSS (BY SEGMENT) Peninsular Malaysia Sabah Malaysia United Total RM'000 Brunei Vietnam Others1 PM3 CAA PM305 PKNB PM327 Subtotal North Sabah Kinabalu Subtotal Kingdom (HPB Group) Revenue 264,331 - - - 264,331 250,198 149,831 400,029 56,432 132,918 (9,815) 2,567 846,462 Cost Of S
Slide 22: Maintaining Strong EBITDA Margins
MAINTAINING STRONG EBITDA MARGINS PM3 CAA NORTH SABAH KINABALU 80 100% 120 100% 140 100% 70 76 90% 90% No No 90% 120 80% 100 104 80% 121 offtake offtake 123 80% 60 65 70% 94 95 70% 100 in this in this 70% 80 90 101 50 54 60% 84 60% quarter quarter 60% 51 52 78 79 78 80 92 49 47 73 73 74 83 40 45 45
Slide 23: Improvements in the Group's Financial Position
IMPROVEMENTS IN THE GROUP’S FINANCIAL POSITION Improved debt-to-equity ratio, significant unutilised facilities (in RM million unless stated As at 30 Jun 2026 As at 30 Jun 2025 otherwise) Total assets 7,609.1 7,433.3 Shareholders’ funds 2,925.1 2,708.2 Cash and bank balances 869.5 642.0 Unrestricted
Slide 24: Delivering Reserves, Converting Resources
DELIVERING RESERVES, CONVERTING RESOURCES CAPEX (USD m) ASSETS KEY PROJECTS FY2027 Pipeline upgrade, Bunga Aster & Saffron Development, Bunga Yarrow & Malaysia-Vietnam: PM3 CAA 52 Butang Exploration Malaysia: North Sabah 14 St Joseph Gas Reinjection System, SF30 Waterflood Phase 2 Malaysia: Kinabalu
Slide 25: Capital Allocation Framework
CAPITAL ALLOCATION FRAMEWORK Selective and disciplined deployment CASHFLOW WATERFALL KEY PRINCIPLES CONTROL LEVERS Priority Spend Investment Criteria 1 Debt Servicing Target Criteria Funding Work program & 2 Minimum Annual Dividend IRR ≥ 15% Internal cash budget phasing as Production Payback ≤5 year
Hibiscus Petroleum Berhad — FY2026 Earnings Presentation on 6ix