MTQ Corporation Limited
0.15
USD
-0.02
(-12.15%)
ISIN
SG0507000073
Return %
Stock
S&P 500
1Y
-39.96
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
SGD
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in mil. unless spec.Working Capital
SGD
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in mil. unless spec.Growth Rates
SGD
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in mil. unless spec.Semi-annual Revenue
SGD
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in mil. unless spec.Semi-annual Earnings Per Share
SGD
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in mil. unless spec.Semi-annual Dividends Per Share
SGD
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in mil. unless spec.Company Description
- Full Time Employees
- 410
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- Singapore Singapore
- IPO Date
- Apr 18, 1988
- Website
- mtq.com.sg
- Similar Companies
- Business
- MTQ Corporation Limited is an investment holding and engineering solutions provider that delivers specialized engineering, repair, manufacturing, and rental services to the global energy industry. Founded in 1969 and headquartered in Singapore, the company operates primarily through its Oilfield Engineering segment, serving exploration and production companies, drilling contractors, oilfield equipment original equipment manufacturers (OEMs), and service providers across the Asia-Pacific, Middle East, and European markets. The company provides a comprehensive suite of engineering and topside solutions structured into distinct product and service categories: repair, remanufacturing, and modification of drilling tools, blowout preventers (BOPs), wellhead equipment, christmas trees, and casing and tubing spools; precision component manufacturing, general oilfield structural fabrication, and specialized alloy cladding and welding, including Inconel 625 weld overlays; equipment recertification, non-destructive examination (NDE), rig inspections, and high-pressure hydrostatic and gas pressure testing services; design, engineering, assembly, and testing of flow control valves and pressure control systems; and the sale and rental of specialized oilfield equipment, including drilling spools, adaptors, drilling diverter valves, safety valves, mud pumps, heat exchanger mud coolers, shale shakers, BOP test units, drillpipe protectors, and torque tools. The company operates facilities accredited under American Petroleum Institute (API) standards, including API Q1, 5B, 5CT, 6A, 16A, 16C, and 16AR, alongside ISO 9001, ISO 14001, and ISO 45001 certifications. MTQ Corporation Limited conducts its regional operations through a network of operating subsidiaries and engineering facilities. In Singapore, MTQ Engineering Pte Ltd serves as the group's central operating facility for engineering, machining, and fabrication. In the Middle East, the company operates via MTQ Oilfield Services W.L.L. at the Bahrain International Investment Park in the Kingdom of Bahrain, as well as MTQ Engineering LLC and MTQ Oil and Gas Facilities Services LLC situated at the Industrial City of Abu Dhabi (ICAD III) in the United Arab Emirates. The company also maintains oilfield engineering and support capabilities in the United Kingdom. In recent corporate developments, MTQ Corporation Limited has executed key strategic divestments and operational realignments to optimize its capital structure and focus resources on core oilfield engineering activities. In August 2026, the company completed the disposal of its wholly-owned subsidiary, Premier Estate Private Limited, for a cash consideration of S$12.0 million. In 2025, the group completed the divestment of its subsidiary Pemac Pte Ltd for S$5.5 million. Furthermore, the company has expanded its regional capacity and commercial footprint across the United Arab Emirates through its Abu Dhabi operations while implementing leadership and board realignments, including executive redesignations to strengthen corporate governance and strategic execution.