MNC Energy Investments Tbk. vs Tirta Mahakam Resources Tbk — how do they compare? MNC Energy Investments Tbk. trades at Rp126 (market cap 4T, 597.37M 24h volume), while Tirta Mahakam Resources Tbk trades at Rp590 (market cap 657.65B, 520K 24h volume). The key difference: MNC Energy Investments Tbk. is far larger — about 6.1× Tirta Mahakam Resources Tbk's market cap, and MNC Energy Investments Tbk. is more actively traded (597.37M versus 520K). Which is the better fit depends on your goals.
| IATA | TIRT | |
|---|---|---|
Market Cap | 4T | 657.65B |
Volume | 597.37M | 520K |
Lot | 5.97M | 5.2K |
Turnover | 75.35B | — |
Average Price | 126.13 | — |
Value | 75.35B | — |
Indicative Equilibrium Price | 126 | — |
Indicative Equilibrium Volume | 168.2K | — |
Trailing returns across standard periods
Latest headlines on both assets
PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
Read more on IATA →PT Tirta Mahakam Resources Tbk (The Company) was established based on Deed No. 245 dated April 22, 1981 jo. Revision deed No. 14 dated January 11, 1982, both of which were made in front of Notary Kartini Muljadi, SH. The Company started its commercial production in November 1983. The Companys domicilie is in South of Jakarta with its factories in Samarinda, East Kalimantan.
Read more on TIRT →