Industry Update - Energy (Upstream-Downstream)
We maintain a Neutral investment rating on the sector, reflecting weak industry indicators in 2H24E (e.g., oil prices, refining margins, marketing...
334 Views
PTT E&P- 2Q24 NP Beat Forecast by 12.5% on Reversal of Exploration Expenses
PTTEP’s 2Q24 NP exceeded our estimate by 12.5% due to lower- than-expected unit costs (on the back of the reversal of over- accrued exploration...
177 Views
Ptt Exploration and Production - Stronger 2Q24E Earnings Momentum QoQ
Geopolitical risks related to the tensions in the Middle East and the production cut of OPEC+ will continue to cushion the oil price
224 Views
Flash News - Ptt Exploration and Production
PTTEP has acquired a 10% stake in the Ghasha Concession in UAE from Wintershall Dea Middle East GmbH. The transaction was completed on June 11, 2024
281 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.
285 Views