VELESTO ENERGY Competitors and Similar CompaniesClear all
VELESTO ENERGY's competitors and similar companies include Elevation Resources, ProPetro Holding, Transocean and National Energy Services Reunited.
 Elevation Resources Elevation Resources is an energy company that provides exploration and production services. |  Transocean Transocean is a company that provides offshore contract drilling services for oil and gas wells. |  National Energy Services Reunited National Energy Services Reunited (NESR) is a provider of oilfield services. | |||
Founding Date | Founding Date 2002 | Founding Date 2013 | Founding Date 2007 | Founding Date 1953 | Founding Date 2017 |
Type | Type Public | Type Private | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Kuala Lumpur, MY HQ | Locations Midland, US HQ | Locations Midland, US HQ Midland, US Midland, US Vernal, US Midland, US Midland, US | Locations Steinhausen, CH HQ Talatona, AO West Perth, AU Hamilton, BM Macaé, BR Rio De Janeiro, BR Budapest, HU see more | |
Employees | Employees 351 | Employees 26 | Employees 5578% increase | Employees 5,6002% increase | Employees 5,581 |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 787.5 m | Valuation ($) 3.4 b | Valuation ($) 896.8 m |
Financial | |||||
Revenue (est.) | Revenue (est.) RM893m (FY, 2025) | Revenue (est.) N/A | Revenue (est.) $1.3b (FY, 2025) | Revenue (est.) $4b (FY, 2025) | Revenue (est.) $1.3b (FY, 2025) |
Cost of goods | Cost of goods RM58.7m (FY, 2025) | Cost of goods N/A | Cost of goods N/A | Cost of goods $2.4b (FY, 2025) | Cost of goods $1.2b (FY, 2025) |
Gross profit | Gross profit RM836.2m (FY, 2025) | Gross profit N/A | Gross profit N/A | Gross profit $1.6b (FY, 2025) | Gross profit $164.7m (FY, 2025) |
Net income | Net income RM202.2m (FY, 2025) | Net income N/A | Net income $824k (FY, 2025) | Net income ($2.9b) (FY, 2025) | Net income $51.1m (FY, 2025) |
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Elevation Resources
HQ
Midland, US
Employees
26
Elevation Resources is an energy company that provides exploration and production services.
View company
ProPetro Holding
HQ
Midland, US
Employees
557↑ 8% increase
ProPetro Holding is a company that provides oilfield services.
View companyTransocean
HQ
Steinhausen, CH
Employees
5,600↑ 2% increase
Transocean is a company that provides offshore contract drilling services for oil and gas wells.
View companyNational Energy Services Reunited
HQ
Houston, US
Employees
5,581
National Energy Services Reunited (NESR) is a provider of oilfield services.
View company