Earnings Alerts

PTT E&P (PTTEP) Earnings Jump to 23.98B Baht in Q2; EPS at 6.04 Baht

  • PTT Exploration and Production (PTT E&P) reported a net income of 23.98 billion baht for the second quarter of 2024.
  • PTT E&P‘s earnings per share (EPS) stands at 6.04 baht for the same period.
  • Among analysts, the company’s stock has received 28 buy ratings, 4 hold ratings, and no sell ratings.

A look at PTT E&P Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE4.0

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

PTT Exploration and Production Public Company Limited (PTT E&P) is positioned for a promising long-term outlook according to the Smartkarma Smart Scores. With a strong score in growth, resilience, dividends, and momentum, PTT E&P seems to be on a positive trajectory. The company’s focus on value, dividends, and growth suggests a balanced approach towards generating returns for investors. This, coupled with its resilience and momentum, indicates that PTT E&P is well-equipped to navigate changing market conditions and sustain its performance over the long run.

As a subsidiary of the Petroleum Authority of Thailand, PTT E&P is engaged in exploring for crude oil and natural gas, developing fields for production, and extracting oil and natural gas. With favorable Smart Scores in key areas, PTT E&P appears to be a solid player in the energy sector, poised for continued growth and stability in the foreseeable future.


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.
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