Singapore-listed utility stocks don’t usually grab headlines, but Union Gas Holdings has quietly built a following among income-focused investors. Trading under the ticker SGX:1F2 on the Singapore Stock Exchange, the company has delivered modest gains since its listing while consistently returning cash to shareholders.

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Current Price: 0.470 SGD · Dividend Yield: 3.18% · P/E Ratio: 13.95 · Ticker: SGX:1F2 · 24h Change: 3.33%

Quick snapshot

1Confirmed facts
2What’s unclear
  • Original IPO offer price (not publicly confirmed)
  • Official analyst price targets for 2026
  • Whether BG shares relate to Union Gas
3Timeline signal
  • Mar 2021: Listed on SGX (according to multiple sources)
  • Jul 2021: All-time high 1.240 SGD
  • Dec 2018: All-time low 0.200 SGD
4What’s next
  • Next ex-dividend date: 2026-06-11
  • Payout scheduled for 2026-06-26
  • Semi-annual dividend cycle continues

Five key data points define how Union Gas stacks up against its SGX peers in the utilities sector.

Metric Value
Stock Symbol SGX:1F2
Latest Price 0.470 SGD
Exchange Singapore Stock Exchange
Dividend Yield 3.18%
P/E Ratio 13.95
ISIN Code SG1DI1000002
52-Week High 0.548 SGD
52-Week Low 0.292 SGD

What is the IPO price of Union Gas?

Union Gas Holdings completed its Singapore Stock Exchange listing in March 2021, debuting above its IPO offer price according to The Business Times (Singapore’s authoritative financial newspaper since 1976). The stock opened trading at a premium to the offering, a positive signal for early investors in the utilities sector listing.

Debut performance above IPO

The grey market had priced Union Gas shares at a premium ahead of the official debut, according to Groww (a major Indian investment platform covering IPO mechanics). This grey market premium indicated demand exceeded supply, and the actual trading day confirmed that enthusiasm held.

Grey market premium

Grey market trading allows investors to gauge sentiment before shares formally list. For Union Gas, this mechanism showed institutional interest in the natural gas distribution sector at a time when energy infrastructure was attracting renewed attention.

Why this matters

A debut above IPO price means early investors pocketed immediate gains. For Singapore investors evaluating utilities IPOs, Union Gas’s first-day performance set a precedent for how the sector can perform on the SGX.

What is Union Gas net worth?

Union Gas Holdings operates as a natural gas distribution company, and its market capitalization provides a rough proxy for net worth as perceived by investors. Market cap is calculated by multiplying the current share price by total shares outstanding.

Market cap details

Multiple financial data providers report slightly different market cap figures for Union Gas. TradingView (a widely-used charting platform) placed market capitalization at approximately 114.32 million SGD, while Moomoo.com (a Singapore-regulated trading app) reported 147.66 million SGD. The variation stems from differing share counts or price timestamps.

SGX:1F2 valuation

Investors evaluating Union Gas against pure-play infrastructure peers should note the company trades at a P/E ratio around 13.95, according to Investing.com (a global financial markets platform). For context, utilities companies typically trade between 10-20× earnings, placing Union Gas in the middle of that range.

The catch

Market cap figures vary between providers because of timing differences and float calculations. Always cross-reference SGX official filings for the most accurate capital structure data.

Is gas stock a good investment?

Natural gas continues playing a significant role in Singapore’s and Southeast Asia’s energy mix, though the broader sector faces headwinds from the global push toward renewables. Zacks Investment Research (a US-based equity research firm covering global stocks) has highlighted select natural gas stocks for 2026, noting that pipeline infrastructure companies offer more stable returns than exploration firms.

Union Gas performance metrics

Looking at Union Gas specifically: the 52-week high stands at 0.548 SGD versus a low of 0.292 SGD, according to Moomoo.com. Year-to-date performance has been volatile but remains positive in the longer view. The company generates revenue from regulated gas distribution, providing more predictable cash flows than commodity-trading peers.

Natural gas sector outlook

According to Zacks, natural gas pipeline operators represent the most defensive sub-sector in the broader gas industry. Union Gas fits this profile as a local distribution network rather than a price-speculative energy trader. Investors focused on dividends from local blue chips may want to review Singapore Signal’s coverage of dividend-paying SGX stocks for broader options in this space.

Upsides

  • 3.18% dividend yield exceeds many Singapore savings accounts
  • P/E ratio of 13.95 sits within the utilities sector norm
  • Semi-annual dividend schedule provides regular income
  • Listed on SGX with established trading volume

Downsides

  • Price has declined from 2021 peak of 1.240 SGD
  • Limited capital appreciation potential vs growth stocks
  • Natural gas faces regulatory and ESG headwinds long-term
  • Small-cap liquidity means wider bid-ask spreads

What is the Union Gas share price history?

Union Gas shares have traced a volatile path since their 2021 listing, testing both ends of the valuation spectrum. Understanding the historical context helps investors place current prices in perspective.

Recent price changes

The stock touched 0.45 SGD on 24 April 2026, down 3.23% from the prior week, according to Fintel.io (a institutional-grade analytics platform). Earlier in 2026, the price stood at 0.38 SGD on 13 February, showing the recovery trend has been genuine. Most recently, the price reached 0.455 SGD on 30 April with 56,500 shares traded.

Long-term trends

The all-time high of 1.240 SGD was recorded on 27 July 2021, per TradingView (widely-used charting platform). This peak came just months after listing during a period of elevated energy sector optimism. The all-time low of 0.200 SGD occurred on 18 December 2018, before the stock even listed. The gap between those extremes—roughly 6×—tells the story of a volatile small-cap utility.

Bottom line: Union Gas (SGX:1F2) offers a 3.18% dividend yield at a P/E of 13.95—a reasonable valuation for income-focused Singapore investors. Those seeking growth should look elsewhere; those who want regular semi-annual distributions from a regulated gas network will find the profile fits.

What is the current Union Gas share price?

Union Gas shares last traded at 0.470 SGD across multiple financial data platforms, representing a 3.33% gain over the preceding 24 hours. Investing.com (a global financial data platform serving retail and institutional investors) confirmed this price alongside the daily movement indicator.

Live quotes from sources

Real-time prices vary slightly by provider due to data latency. Stockanalysis.com showed the same 0.470 SGD figure, while TradingView displayed a 24-hour chart with intraday fluctuations. Morningstar (a globally-recognized investment research firm) provided the fundamental metrics including the P/E and dividend yield calculations.

Recent news impact

Union Gas has not featured prominently in financial news headlines recently, which is typical for stable utilities. The dividend schedule and quarterly results filings represent the main scheduled catalysts. Singapore Exchange (SGX) regulatory filings remain the authoritative source for material announcements. Readers new to the SGX can consult Singapore Signal’s guide to SGX stock trading for a practical overview of how Singapore stocks are accessed and monitored.

What to watch

The next ex-dividend date falls on 11 June 2026, with the payout arriving on 26 June 2026. Investors buying before that date lock in the semi-annual distribution.

Key milestones

The table below maps Union Gas’s major inflection points since before its public listing through to the present dividend schedule.

Date Event
December 2018 All-time low of 0.200 SGD recorded
March 2021 Union Gas Holdings listed on the Singapore Stock Exchange
July 2021 All-time high of 1.240 SGD reached
April 2026 Price recovered to 0.45–0.470 SGD range
June 2026 Next semi-annual dividend payout scheduled

What analysts and publications say

Hot stock: Union Gas debuts above IPO price

— The Business Times (Singapore’s authoritative financial newspaper since 1976)

Best natural gas stocks to buy for 2026: Pipeline infrastructure operators offer the most defensive exposure to the natural gas sector.

— Zacks Investment Research (US-based equity research firm)

Additional sources

sginvestors.io, sginvestors.io

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Frequently asked questions

What is Union Gas Holdings?

Union Gas Holdings Limited is a Singapore-based natural gas distribution company listed on the Singapore Stock Exchange under the ticker SGX:1F2.

Where does Union Gas trade?

Union Gas trades on the Singapore Stock Exchange (SGX) under the ticker 1F2 (also displayed as 1F2.SI or UNIO.SI depending on the platform).

What factors affect Union Gas share price?

Key drivers include energy commodity prices, regulatory tariff approvals, interest rate movements (which impact utility valuations), and general market sentiment toward Singapore infrastructure stocks.

How to buy Union Gas shares?

Singapore investors can purchase Union Gas through any broker offering SGX access, including platforms like Moomoo, Interactive Brokers, or through local bank trading accounts.

What is the Union Gas dividend?

Union Gas pays an annual dividend of 0.015 SGD per share, distributed semi-annually (0.010 SGD in June and a smaller second tranche). The indicated yield stands at approximately 3.18% based on current prices.

Is Union Gas Holdings profitable?

Based on available financial data, Union Gas generated revenue of approximately 125.55 million SGD with net income around 12.50 million SGD, suggesting a net margin near 10%. This margin level positions Union Gas as a modestly profitable utility—enough to sustain dividends but with limited room for aggressive expansion without tariff increases or new infrastructure contracts.

What are Union Gas analyst ratings?

Publicly available analyst coverage for Union Gas appears limited, which is typical for smaller-cap Singapore utilities. Investors should monitor SGX filings and broker distributions for any initiation reports.

For Singapore investors weighing a utility position, the decision hinges on priorities: Union Gas delivers consistent semi-annual dividends at a 3.18% yield with modest volatility, but offers limited capital appreciation potential from current levels. Income-focused portfolios building exposure to regulated infrastructure will find the profile acceptable; growth-oriented investors should look toward technology or healthcare sectors instead.