Gulf Energy Development (GULF) Earnings: 2Q Net Income Surpasses Expectations with 4.74 Billion Baht

Gulf Energy Development on Smartkarma

Analyst coverage of Gulf Energy Development on Smartkarma by Arun George focuses on the potential merger between Gulf Energy Development (GULF TB) and Intouch Holdings (INTUCH TB), as well as the voluntary tender offers (VTOs) for Advanced Info Service (ADVANC TB) and Thaicom Pcl (THCOM TB). The analysis suggests that the vote risk is minimal, making the swap ratio trade an attractive option. Shareholders are anticipated to receive 1.69335 NewCo shares per Intouch share and 1.02974 NewCo shares per Gulf share, subject to certain conditions including shareholder approvals and completion of VTOs. The completion of the transaction is expected in 2Q25, presenting a longer-term opportunity for investors.

A look at Gulf Energy Development Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma’s Smart Scores, Gulf Energy Development is positioned favorably for long-term growth in the energy sector. With a strong momentum score of 5, the company shows robust performance potential. Additionally, a growth score of 4 indicates promising prospects for expansion and development. While the value and dividend scores are moderate at 2, suggesting room for improvement in these areas, Gulf Energy Development’s resilience score of 2 signifies its ability to withstand market challenges.

Gulf Energy Development Public Company Limited, a key player in the production and sale of electricity and steam, operates a diverse portfolio of power projects including gas-fired and renewable energy initiatives. Serving clients in Thailand, the company plays a vital role in meeting the energy needs of the region. With a solid growth outlook and strong momentum, Gulf Energy Development is well-positioned to capitalize on opportunities in the evolving energy landscape.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma