PTT Exploration and Production - Expect Unremarkable 4Q24E and 2024E Earnings
We maintain our Neutral rating and the fair value (FV) of Bt139.89, reflecting the weak oil market amid the oversupply trend and demand risks...
199 Views
Ptt Exploration and Production -5-Year Expenditures Plan and Petroleum Sales Target
PTTEP has announced a 3% increase in its expenditures plan (Capex and Opex) for 2025-29E compared to the previous plan, along with a lower...
656 Views
Ptt Exploration and Production - In-Line 3Q24 Earnings
PTTEP’s stock price has declined by 17% YTD, largely pricing in the negative factors, including weak oil demand and a downtrend in oil prices
160 Views
Ptt Exploration and Production - Earnings Revision; Limited Downside Risk
PTTEP's stock price has dropped by 17% over the past six months and is currently trading at an elevated ERP of 11.2% (90-day average; 3.0 S.D.),...
189 Views
PTT E&P- 2Q24 NP Beat Forecast by 12.5% on Reversal of Exploration Expenses
PTTEP’s 2Q24 NP exceeded our estimate by 12.5% due to lower- than-expected unit costs (on the back of the reversal of over- accrued exploration...
126 Views