Asia300

PTT Exploration & Production Plc

Thailand

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Feb 22, 2018
Prev close: 115
Feb 22, 2018
Market cap:
Market cap(USD):
456,548.31M
14,461.46M
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 2017

  • Local currency
  • US Dollar
Revenue 147,724.65M
Gross profit 68,822.66M
Operating income 47,891.30M
Income before tax 26,249.04M
Net income 18,032.19M
EBITDA 104,732.71M
Diluted EPS 4.54
Dividends per share 4.25
Total assets 628,121.29M
Total liabilities 289,980.92M
Total equity 338,140.37M
Operating cash flow 85,214.01M

Currency in THB

Revenue 4,353.35M
Gross profit 2,028.16M
Operating income 1,411.32M
Income before tax 773.54M
Net income 531.39M
EBITDA 3,086.40M
Diluted EPS 0.13
Dividends per share 0.12
Total assets 19,273.43M
Total liabilities 8,897.84M
Total equity 10,375.58M
Operating cash flow 2,511.20M

Currency in USD

Valuation measures

Dec 2017

PER 22.02
ROA 2.76%
ROE 5.08%
Operating margin 32.41%
Profit margin 12.20%

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%)
  • Social Security Office of Thailand(0.9%)
  • The Vanguard Group, Inc.(0.9%)
  • Dimensional Fund Advisors LP(0.8%)
  • The People's Bank of China(0.5%)
  • APG Asset Management NV(0.3%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.2%)
  • 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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