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MarketScreener Homepage  >  Equities  >  STOCK EXCHANGE OF THAILAND  >  PTT Exploration and Production PCL    PTTEP   TH0355A10Z04

PTT EXPLORATION AND PRODUCTION PCL

(PTTEP)
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Oman grants gas exploration concession to Total and Thailand's PTTEP - ministry

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02/19/2020 | 03:37am EDT
FILE PHOTO: The logo of French oil and gas company Total is seen in a petrol station in Paris

Oman has signed an exploration and production sharing agreement with France's Total and Thailand's PTTEP to explore and develop non-associated gas in Block 12, Oman's ministry of oil and gas said in a tweet on Wednesday.

Total E&P is the operator of the 9,546 square kilometre block located in central Oman, and holds 80% participating interest in the joint venture, while PTTEP has the remainder, the ministry said.

Under the agreement, the companies will carry out seismic surveys and geological and geophysical studies, and drill exploratory wells.

(Reporting by Omar Fahmy, writing by Nafisa Eltahir, editing by Susan Fenton)

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL -3.88% 22.56 Delayed Quote.-59.21%
PTT EXPLORATION AND PRODUCTION PCL End-of-day quote.
TOTAL 6.34% 33.57 Real-time Quote.-34.45%
WTI -1.10% 20.109 Delayed Quote.-60.50%
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Financials (THB)
Sales 2020 173 B
EBIT 2020 44 479 M
Net income 2020 24 707 M
Finance 2020 2 202 M
Yield 2020 5,05%
P/E ratio 2020 10,2x
P/E ratio 2021 9,15x
EV / Sales2020 1,43x
EV / Sales2021 1,39x
Capitalization 250 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 87,47  THB
Last Close Price 63,00  THB
Spread / Highest target 114%
Spread / Average Target 38,8%
Spread / Lowest Target -14,3%
EPS Revisions
Managers
NameTitle
Phongsthorn Thavisin President, Chief Executive Officer & Director
Prajya Phinyawat Chairman
Sumrid Sumneing Executive Vice President-Finance & Accounting
Bundit Pattanasak SVP-Technology & Knowledge Management Division
Achporn Charuchinda Independent Director
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