KTX Zoom - JULY 23, 2025
External factors are slightly positive, following the US announcement of new trade agreements with three Asian countries (Indonesia, the...
226 Views
Industry Update - Energy (Upstream - Downstream) MARCH 20, 2025
We maintain a Neutral rating on the energy sector, given the lackluster earnings growth outlook for 2025-27E (+4% CAGR) and external risk factors...
253 Views
Special Report: 4Q24 Consensus Earnings Summary - March 4, 2025
The combined 4Q24 earnings of 597 stocks in the SET Index (accounting for 98% of total market capitalization) amounted to Bt190,163mn, up 12% YoY...
339 Views
Energy (Upstream-Downstream) - DECEMBER 17, 2024
We reiterate our preference for downstream over upstream players and favor refiners over oil retailers. Our top pick remains BCP (Outperform; FV at...
201 Views
Industry Update: Energy (Oil) - SEPTEMBER 30, 2024
The downward trend in oil prices due to global risks (e.g., increased supply and slower demand amid the unrest in the Middle East) is expected to...
370 Views