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PTT Exploration and Production Public Company Limited

PTT Exploration and Production Public Company Limited

PTTG.F
PTT Exploration and Production Public Company Limitedundefined flagFrankfurt Stock Exchange
3.52
EUR
+0.08
- -
13.97BMarket Cap
PTT Exploration and Production Public Company Limited
PTTG.F
(Frankfurt Stock Exchange)

Recent

price

3.52

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
43.59
52.09
63.51
56.67
60.98
46.45
37.84
37.21
43.28
48.12
40.4
55.18
83.46
75.74
78.67
70.89
74.19
Revenue per Share
12.33
13.48
17.13
14.15
5.41
-7.96
3.24
5.18
9.12
12.29
5.71
9.79
17.86
19.32
19.85
15.18
16.69
Basic EPS, GAAP
5
5.41
5.59
8.23
14.15
8.72
11.18
11.14
17.33
18.05
12.26
14.27
25
17.3
24.15
7.41
12.16
Free Cash Flow per Basic Share
3.67
5.15
5.46
6.06
6.02
2.56
2.76
3.92
4.52
5.45
5.29
4.87
7.25
9.25
9.75
9.22
9.62
Dividend per Share
47.58
54.97
66.25
63.92
63.23
52.57
52.58
52.98
57.15
63.25
63.66
68.94
79.53
89.08
99.18
104.98
101.64
Book Value per Share
49.73
56.81
89.13
87.78
93.92
92.86
92.78
84.38
87.29
74.48
73.88
88.83
103.03
112.98
122
118.1
119.17
Tangible Book Value per Share
3,385
3,319
3,347
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
Basic Weighted Avg Shares
147,572
172,878
212,537
224,973
242,071
184,411
150,217
147,725
171,809
191,053
160,401
219,068
331,350
300,694
312,310
281,449
294,549
Sales/Revenue/Turnover
46.44
49.42
50.34
48.09
36.45
20.77
22.21
32.42
37.86
37.84
27.75
39.04
48.9
46.82
42.08
35.36
38.48
Operating Margin (%)
38,435
38,827
46,118
52,792
91,843
97,520
74,391
55,983
59,809
62,811
65,250
70,294
83,168
81,322
95,039
95,194
94,599
Depreciation Expense
41,739
44,748
57,316
56,186
21,490
-31,590
12,860
20,579
36,206
48,803
22,664
38,864
70,901
76,706
78,824
60,273
66,240
Net Income, GAAP
36.71
43.92
42.36
45.41
62.31
- -
45.58
22.53
39.63
30.04
45.29
51.66
50.49
45.37
42.06
42.12
43.49
Effective Tax Rate (%)
28.28
25.88
26.97
24.97
8.88
-17.13
8.56
13.93
21.07
25.54
14.13
17.74
21.4
25.51
25.24
21.42
22.49
Profit Margin (%)
26,880
-12,740
50,734
48,457
89,118
118,837
146,530
136,070
106,120
80,283
96,459
35,082
82,226
146,210
116,630
42,088
101,450
Working Capital
69,893
90,949
110,562
120,310
114,695
108,455
101,459
81,946
49,932
103,230
114,038
115,645
121,999
115,427
114,580
105,649
111,404
LT Debt
172,294
200,024
327,776
384,536
413,620
408,811
407,984
375,881
389,573
357,059
354,411
415,350
467,121
499,443
535,876
519,568
523,376
Total Equity
17.13
15.41
15.02
11.57
5.88
- -
3.43
7.37
8.18
10.52
5
7.76
13.31
12.12
11.48
8.56
9.32
Return on Invested Capital (%)
19.6
17.19
18.84
16.45
6.35
- -
5.52
8.6
13.7
16.7
7.45
10.75
17.46
17.76
17.12
12.73
14.06
Return on Capital (%)
28.51
26.05
28.36
23.63
8.51
-13.74
6.16
9.82
16.56
20.42
9
14.77
24.06
22.92
21.09
14.87
17.01
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
13,254
14,141
15,004
LT Borrowings
95,009
94,927
90,872
LT Finance Leases
19,572
22,652
20,532
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,970
3,970
3,970
Market Capitalization
444,256
443,645
462,760

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
222,131
229,218
196,049
Cash, Cash Equivalents & STI
143,741
154,170
122,048
Accounts Receivable, Net
28,455
26,291
25,418
Inventories
22,759
21,949
20,799
Total Current Liabilities
105,502
126,445
94,599
Payables & Accruals
82,342
103,123
70,133
ST Debt
13,254
14,141
15,004
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.73%
8.16%
-3.04%
Free Cash Flow
8.65%
6.22%
-69.31%
Net Income, GAAP
11.78%
28.27%
-23.53%
Sales/Revenue/Turnover
6.38%
14.51%
-9.88%
Total Cash Common Dividend
15.12%
13.72%
-5.38%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
75,737
84,370
75,793
76,410
312,310
2025
71,166
71,180
70,372
- -
281,449
2026
76,087
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.71
6.04
4.5
- -
19.85
2025
4.17
3.4
- -
- -
15.18
2026
2.98
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
5.25
4.5
- -
9.75
2025
- -
5.12
- -
- -
9.22
2026
- -
- -
- -
- -
- -
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Business
PTT Exploration and Production Public Company Limited (PTTEP) is a leading petroleum exploration, development and production company based in Bangkok, Thailand, and founded in 1985 as a subsidiary of state-owned PTT Public Company Limited. The company focuses on crude oil and natural gas exploration and production across over 50 projects in more than 10 countries, primarily in Southeast Asia, the Middle East, Africa, Australia and the Americas; its core products and services include petroleum, crude oil, natural gas, condensate and liquefied petroleum gas (LPG), alongside gas transportation pipelines, jetties, warehouses, and support services through subsidiaries such as PTTEP Services Limited, PTT Digital Solutions Company and PTT Global LNG Limited. PTTEP serves national energy needs and international markets, emphasizing innovation, technology application for operational efficiency and emerging clean energy solutions like carbon capture and storage, offshore wind and hydrogen. Recent developments include the ramp-up of natural gas production from the G1/61 Project (Erawan, Platong, Satun and Funan fields) to 800 million cubic feet per day in 2024; acquisition of a 10% stake in the UAE's Ghasha Concession mega gas project with production starting in 2025; approval for the Abu Dhabi Offshore 2 Project field development plan; a 34% stake purchase in Algeria's E&E Algeria Touat B.V. for indirect 22.1% interest in the 435 million cubic feet per day Touat onshore gas field, expected to close in 2025; and a $450 million acquisition of 50% in the Malaysia-Thailand Joint Development Area's Block A-18 from Chevron subsidiaries in July 2025, alongside securing EPC contracts from SLB OneSubsea for Malaysia field expansions and farm-in agreements with Valeura Energy for Gulf of Thailand blocks G1/65 and G3/65. For 2025, PTTEP allocates a THB 261 billion investment budget to boost production in key Thai fields like G1/61, G2/61 (Bongkot), Arthit and others, while advancing projects in Malaysia, UAE and Mozambique.