PTTEP: Target to Achieve 6% CAGR Sales Growth in 2021-25
Amid the COVID-19 crisis and facing a hard hit from crude price downfall PTTEP targets petroleum sales growth at 6% CAGR in next 5 years.
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PTTEP: 4Q20 Earnings to Soften from Lower ASP and Volume Sales
Yesterday analyst meeting came out in a neutral tone. 4Q20 earnings to soften from lower ASP and volume sales. We maintain our BUY ...
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PTTEP: Recouping Crude Price to Drive 3Q20 Earnings
We expect PTTEP to report 3Q20 net profit of Bt5.7bn (-48% YoY, +33% QoQ) on the back of recovering volume sales and average selling price (ASP)...
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PTTEP: Positive 2H20 Earnings Outlook from Improving Volume Sales
Yesterday analyst meeting came out in a positive tone. We maintain our BUY rating and roll over our target price to Bt109 (from previous Bt97) to...
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PTTEP: Possible Earnings Recovery by 3Q20
Last week analyst meeting came out in a neutral tome. We maintain the BUY recommendation with a 2020E target price of Bt97 (WACC 10% and TG 2%), ...
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