Asia300

PTT Exploration & Production Plc

Thailand

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Aug 16, 2017
Prev close: 84.75
Aug 16, 2017
Market cap:
Market cap(USD):
336,456.25M
10,106.83M
Shares: 3,969.98M

Currency in THB

Company profile

Market(Ticker): BKK(PTTEP)
Sector:
Industry:
Energy Minerals
Oil & Gas Production
Full time employees: --

Business summary

PTT Exploration & Production Plc engages in the exploration and production of petroleum, foreign gas pipeline transportation, and investment in energy business. It business include exploration and production, related service business and proved reserves and production and sales. It operates through the following segments: Exploration and Productions, Overseas Pipelines, and Others. The Explorations and Production segment involves in the operation, joint venture partnership with oil and gas companies. The Overseas Pipelines segment invests with its joint venture partners for the operation of transport natural gas. The Others segment consists of investments in energy business projects. The company was founded on June 20, 1985 and is headquartered in Bangkok, Thailand.

Company background

PTT Exploration and Production is the flagship oil and gas exploration and production arm of Thailand's state-owned resources giant PTT. It produces about a quarter of Thailand's petroleum. The company has the second-largest market capitalization on the Thai stock exchange, after PTT, which holds approximately 65% of its shares.

Assets in Thailand account for about half of those owned by PTTEP's total in terms of value. It operates more than 40 projects in places such as Thailand, Australia and Africa.

Gas reserves in Thailand are projected to dry up in the near future. The company is therefore stepping up investments abroad. Myanmar, where TPPEP has three offshore projects in production, is one of its prime focuses. The company in 2012 also acquired Britain's Cove Energy, which owns interests in Mozambique.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 150,217.05M
Gross profit 53,717.13M
Operating income 33,832.77M
Income before tax 21,726.11M
Net income 10,070.4M
EBITDA 108,224.02M
Diluted EPS 2.58
Dividends per share 3.25
Total assets 676,889.53M
Total liabilities 306,094.11M
Total equity 370,795.42M
Operating cash flow 73,590.61M

Currency in THB

Revenue 4,257.78M
Gross profit 1,522.56M
Operating income 958.96M
Income before tax 615.80M
Net income 285.43M
EBITDA 3,067.52M
Diluted EPS 0.07
Dividends per share 0.09
Total assets 18,901.98M
Total liabilities 8,547.60M
Total equity 10,354.37M
Operating cash flow 2,085.86M

Currency in USD

Valuation measures

Dec 2016

PER 37.30
ROA 1.45%
ROE 2.71%
Operating margin 22.52%
Profit margin 6.70%

Key executive

  • President, Chief Executive Officer & Director: Somporn Vongvuthipornchai
  • Chief Operating Officer: Phongsthorn Thavisin
  • Executive Vice President-Finance & Accounting: Pannalin Mahawongtikul
  • Vice President-Information Technology: Ketmadee Paireepinart
  • Vice President-Compliance Department: Verasak Manchuwong

Share holders

  • PTT Public Co., Ltd.(65.2%)
  • The Vanguard Group, Inc.(1.1%)
  • Social Security Office of Thailand(0.9%)
  • Dimensional Fund Advisors LP(0.8%)
  • APG Asset Management NV(0.6%)
  • The People's Bank of China(0.5%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.3%)
  • Norges Bank Investment Management(0.2%)
  • The Caisse de depot et placement du Quebec(0.1%)
  • Templeton Asset Management Ltd. (Hong Kong)(0.1%)

Address

  • Website: http://www.pttep.com
  • Address: 555/1 Energy Complex Building A, 6th,19th-36th Flr, Vibhavadi-Rangsit, Bangkok, 10900, Thailand
  • Phone: +66.2.537.4000

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