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Share price has bounced back to around RM1.50, showing that market sentiment is turning positive. Investors are no longer just reacting to short-term oil price swings, but started recognizing Keyfield’s bigger transformation, including its move to a modern high-spec fleet, more stable OPEX-driven revenue, and new growth areas like cable-laying and offshore renewables
Keyfield deals with big oil companies like PETRONAS Carigali, Shell, and so on. But Keyfield isn't the one doing the drilling, they’re more into providing offshore accommodation for the people working out there
