Ptg Energy -Mixed Factors in 1Q24E; Challenging Marketing Margin
Meanwhile, the growth momentum of oil sales volume and non-oil businesses, as well as lower SG&A/liter (thanks to high sales volume), will cushion...
211 Views
Energy (Oil Retailers) - Scenarios for a Diesel Price Lift
We maintain a neutral view on the possibility of increasing the retail diesel price ceiling within the range of Bt1-2/liter to Bt31-32/liter due to...
296 Views
PTG Energy - Upbeat 4Q23 Earnings; Marketing Margin to Remain Key Challenge
In addition, the potential returns from the new businesses — hire purchase loans for second-hand trucks and waste management — may remain...
431 Views
Ptg Energy - Solid 4Q23E Earnings; Marketing Margin to Remain Key Challenge
We maintain our Neutral rating, with the 12M FV at Bt9.18. Our valuation metrics suggest a neutral view on the current valuation, the long-term...
417 Views
Industry Update – Energy (Oil Retailers)
The Oil Fund will be used as the mechanism to cap the diesel price after the Bt5/liter excise tax reduction scheme expires on July 20, 2023, which...
492 Views