Energy (Oil Retailers) - Scenarios for a Diesel Price Lift
We maintain a neutral view on the possibility of increasing the retail diesel price ceiling within the range of Bt1-2/liter to Bt31-32/liter due to...
213 Views
Industry Update – Energy (Oil Retailers)
The Oil Fund will be used as the mechanism to cap the diesel price after the Bt5/liter excise tax reduction scheme expires on July 20, 2023, which...
403 Views
PTT Oil and Retail Business - Empowering All Toward Inclusive Growth
We initiate OR with an Outperform rating (FV: Bt22.16), based on a required rate of return of 5.4%. Our valuation matrix suggests that the current...
195 Views
OR : Weak 3Q22 Earnings as Expected
We maintain the BUY call with a TP of Bt30,0. OR’s 3Q22 net profit plunged to a 9-quarter low of Bt701m (-63% YoY, -89% QoQ), falling out lower...
103 Views
OR : 3Q22 Earnings to Be Hit by Weak Marketing Margin
We expect the 3Q22 net profit to fall 64% QoQ to Bt2.4bn, levelling off from an all-time high in 2Q22, due to stock loss and dip in oil marketing...
117 Views