Daily BriefsThailand

Daily Brief Thailand: Thai Oil Pcl and more

In today’s briefing:

  • Thai Oil – Tear Sheet – Lucror Analytics


Thai Oil – Tear Sheet – Lucror Analytics

By Leonard Law, CFA

  • We view Thai Oil Public Company Limited (TOP) as “Low Risk” on the LARA scale.
  • This is primarily driven by the company’s strategic importance to state-owned PTT Public Company Limited, due to its position as the group’s main oil refining vehicle.
  • TOP benefits from its close links with PTT, as TOP obtains feedstock from and sells refined products to its parent.

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