OR TB -Weak 2Q24 Earnings as Expected, Weighed Down by Mobility Business
The 2H24E earnings are likely to continue to be pressured by the mobility business (with both challenging sales volume and GP/liter) .
390 Views
Ptt Oil and Retail Business - Weak 2Q24E Earnings, Weighed Down by Mobility Business
The current valuation is attractive on share price weakness, and the tactical downside risk is limited. Our Outperform rating is thus maintained,...
189 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
Ptt Oil and Retail Business - Strong 1Q24 Earnings QoQ Thanks to All Businesses
The 1Q24 core profit grew strongly QoQ, driven by all businesses (accounting for 26% of the full-year forecast). The momentum should continue in...
313 Views
Ptt Oil and Retail Business -Strong 1Q24E Earnings Prospects
We expect OR to commence the year with a strong 1Q24E net profit of Bt4.2bn, marking a 40% YoY increase and a substantial 20.6x QoQ growth.
186 Views