Ptg Energy - Solid Growth of Oil Sales Volume and Non-Oil Business
A strong base in oil sales volume and non-oil gross profit helped improve earnings quality and reduce sensitivity to uncontrollable changes in...
251 Views
Ptg Energy - Upbeat 2Q24 Earnings; Marketing Margin Remains a Challenge
Despite the upbeat 2Q24 earnings, the share price is under pressure owing to the challenging marketing margin outlook in 2H24E and potential risks...
270 Views
Ptg Energy - Strong 2Q24E Earnings; Marketing Margin Remains a Challenge
The stock price has not factored in the strong 2Q24E earnings momentum as the marketing margin remains a challenging factor in 2H24E
259 Views
Energy (Upstream-Downstream) - Weak 2Q24E Earnings for Refineries
Refinery stock prices have already reflected weaker refining margins and operating performance trends anticipated for 2Q24E.
284 Views
Ptg Energy - In-Line 1Q24 NP with Mixed Factors; Challenging Marketing Margin
The share price decline implies an attractive current valuation, amid very limited tactical downside risk. We switch to an Outperform rating but...
200 Views