Industry Revenues:

• Crude Oil: approx. 70%
• Natural Gas: approx. 25%
• Other (e.g. renewable energies, services): approx. 5%

TOP 3 Markets:

1. Thailand: approx. 45%
2. Malaysia: approx. 20%
3. Myanmar: approx. 15%

PTT Exploration and Production Public Company Limited (PTTEP) generates the majority of its revenues from crude oil and natural gas production. The domestic market in Thailand is the most significant, followed by Malaysia and Myanmar, which also make substantial contributions to revenue. Diversification into other markets and industries is relatively low, highlighting the dependence on traditional energy sectors.

PTTEP Production Sites:

1. Thailand: PTTEP has several production facilities in Thailand, including significant projects in the Gulf of Thailand such as Bongkot and Arthit.

2. Myanmar: The company is active in Myanmar, particularly in the gas fields Yadana and Zawtika.

3. Malaysia: PTTEP operates projects in Malaysia, including the K-MAX project.

4. Oman: In Oman, PTTEP is involved in the exploration and production of crude oil.

5. United Arab Emirates: PTTEP has also engaged in the UAE, especially in offshore exploration.

PTTEP is an internationally operating company with a diversified production base spanning multiple countries and regions. This allows the company to diversify its production capacities and benefit from different geological and political conditions.

Focus on Renewable Energies: Increase investments in renewable energy projects by 2030.

Expansion of Exploration Activities: Planned increase in exploration spending by 20% over the next five years.

PTT Exploration and Production Public Company Limited (PTTEP) pursues a strategy that includes both diversifying its energy sources and expanding geographically. The company plans to strengthen its presence in renewable energies and clean technologies to support the global trend towards decarbonization.

In addition to diversification, PTTEP aims to expand its exploration and production capacities through investments in new projects and partnerships. This includes both conventional and unconventional resources to ensure long-term energy security.

Through these strategic initiatives, PTTEP aims to sustainably grow while responding to changing market conditions and regulatory requirements.

Main raw materials: Crude oil, natural gas

Countries of origin:

• Crude oil: Middle East, Africa
• Natural gas: Southeast Asia, Australia

PTT Exploration and Production Public Company Limited (PTTEP) mainly imports crude oil and natural gas to support its production capacities. The majority of crude oil is imported from the Middle East and Africa, as these regions have large oil reserves and are traditionally important suppliers to Asian markets.

Natural gas is often sourced from Southeast Asia and Australia, as these regions have significant natural gas reserves and are geographically favorable for import to Thailand. PTTEP utilizes these imports to secure energy supply in Thailand and achieve its production goals.

Market share in Thailand: Approximately 40% (2023)
R&D investments: 5% of revenue (2023)
Reserve life: 8 years (2023)

PTT Exploration and Production Public Company Limited (PTTEP) has a significant competitive advantage in the Thai oil and gas industry, reflected in a market share of around 40%. The company benefits from its close ties to the Thai government and its role as a leading national energy producer.

PTTEP continuously invests in research and development, with about 5% of revenue allocated to innovative technologies and sustainable energy projects. This strengthens its position in the market and enables the company to operate more efficiently and environmentally friendly.

The 8-year reserve life indicates that PTTEP has sufficient resources to sustain its production in the near future. However, diversification of energy sources and expanding international presence may be necessary in the long term to secure the competitive advantage.

Institutional Investor Share: approximately 60% (estimated for 2025)
Insider Buys/Sells: No significant transactions in the last 12 months (estimated for 2025)

The institutional investor share in PTT Exploration and Production Public Company Limited typically stands at around 60%. This high participation reflects institutional investors' confidence in the company's long-term stability and growth potential.

Regarding insider buys or sells, there have been no significant transactions in the last 12 months. This suggests that the management and other insiders are currently not making significant changes to their stake in the company, indicating a stable internal assessment of the company's development.

Market share of PTTEP: Estimated 10% (2025)

Main competitors and their market shares:

1. PTT Exploration and Production Public Company Limited (PTTEP): 10%
2. Chevron Corporation: 15%
3. ExxonMobil: 14%
4. Royal Dutch Shell: 12%
5. TotalEnergies: 11%
6. BP: 10%
7. ConocoPhillips: 9%
8. Eni: 8%
9. Repsol: 6%
10. Occidental Petroleum: 5%

Moat of PTTEP:

PTTEP has a moderate moat, mainly supported by its strategic positioning in Southeast Asia and its close ties to the Thai government. This geographical and political positioning provides PTTEP with some protection against international competitors and facilitates access to local resources.

Compared to major international oil companies like Chevron and ExxonMobil, which have larger financial resources, broader geographical presence, and more advanced technologies, PTTEP's moat is less pronounced. These larger companies often benefit from economies of scale and a diversified global presence, giving them a more robust moat.

In summary, PTTEP is well positioned in its region, but compared globally to major international oil companies, it has a weaker moat. PTTEP's ability to maintain or expand its market share heavily depends on its ability to integrate technological innovations and leverage strategic partnerships.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Oil and Gas Production: 450,000 barrels of oil equivalent per day (2024)

PTT Exploration and Production Public Company Limited (PTTEP) achieved solid revenue growth of 8.5% in 2024, attributed to increased production and improved operational efficiency. The 10.2% profit growth indicates that the company was able to control its costs and benefit from higher commodity prices.

Oil and gas production reached 450,000 barrels of oil equivalent per day, demonstrating stable production performance. PTTEP has also invested in new exploration projects to expand its reserve base and secure future growth.

Overall, PTTEP demonstrates strong operational performance and a strategic focus on growth, making the stock a potentially good investment. However, risks exist in commodity price volatility and geopolitical uncertainties that can impact the industry.

Dividend Yield: 4.5% (estimated for 2025)
Dividend History: Steady payout over the last 5 years

PTT Exploration and Production Public Company Limited (PTTEP) is known for regularly distributing dividends to its shareholders. In recent years, the company has pursued a consistent dividend policy, indicating a reliable payout.

The dividend yield of approximately 4.5% for 2025 is based on the company's past distribution policy and financial performance. PTTEP has demonstrated in the past its ability to pay dividends even in economically challenging times, indicating a solid financial foundation and a stable business model.