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PTT Exploration and Production Public Company Limited

PTT Exploration and Production Public Company Limited

PTXLF
PTT Exploration and Production Public Company LimitedUS flagOther OTC
3.50
USD
- -
- -
13.89BMarket Cap
PTT Exploration and Production Public Company Limited
PTXLF
(Other OTC)

Recent

price

3.50

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
196,049
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
546,080
539,769
488,178

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
- -
- -
- -
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) operates as a petroleum exploration and production company primarily engaged in the exploration, development, and production of crude oil, natural gas, condensate, and liquified petroleum gas (LPG). The company extends its operations beyond Thailand to multiple international locations including Southeast Asia, the Americas, Africa, and Australia. PTTEP is also active in renewable energy and clean energy innovation, focusing on advanced technology aimed at reducing greenhouse gas emissions and supporting a transition to a low-carbon, sustainable future. The company manages an extensive portfolio of 40 petroleum exploration and production projects across 11 countries with key projects in Thailand, Malaysia, the United Arab Emirates, Algeria, Mozambique, and others. Recent significant corporate developments include PTTEP's acquisition of a 34% interest in E&E Algeria Touat B.V., which holds a 65% participating interest in the Touat gas fields in Algeria. This transaction, completed in 2025, gives PTTEP an indirect 22.1% interest in the natural gas producing Touat Project, enhancing the company's reserves, revenue, and production capacity. Additionally, PTTEP secured a 50% stake in Block A-18 in the Malaysia-Thailand Joint Development Area, and acquired a 10% interest in the Ghasha Concession Project in the UAE, one of the largest offshore natural gas fields with production commencing in 2025. The company is also advancing development plans and investment decisions for projects offshore Abu Dhabi and accelerating development projects in Malaysia, UAE, and Mozambique. Founded in 1985 and headquartered in Bangkok, Thailand, PTTEP operates as a subsidiary of the Petroleum Authority of Thailand (PTT). Its wide portfolio includes petroleum exploration and production, renewable energy initiatives, and technology innovation aimed at efficiency and sustainability. PTTEP also emphasizes corporate governance, human resource development, and community engagement programs, with a clear strategic goal to achieve net zero greenhouse gas emissions by 2050 through projects such as carbon capture and storage technology and clean energy development. PTTEP’s core products and services encompass crude oil, natural gas, condensate, LPG, gas transportation pipelines, and support infrastructure such as jetties and warehouses, supplemented by digital solutions and engineering services through its subsidiaries. The company’s operations span upstream exploration and production, with ongoing investments in technology to improve operational efficiency and environmental performance across its global asset base. Their commitment to sustainability and innovation is reinforced by recent awards recognizing advances in HR technology and climate action initiatives. Overall, PTTEP continues to strengthen its international presence and diversify its energy portfolio, balancing traditional hydrocarbon production with a clear shift toward renewable and low-carbon energy solutions to drive long-term sustainable growth.