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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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PTT Exploration and Production PCL : Adnoc closes exploration agreement with Eni, Thailand's PTT

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01/12/2019 | 02:57pm EDT

Eni will operate the concession

Abu Dhabi – Mubasher:The Abu Dhabi National Oil Company (Adnoc) has awarded a consortium of Italy’s Eni and Thailand’s PTT Exploration and Production to explore for oil and natural gas in Abu Dhabi, with $230 million investments.

Eni will operate the concession and the consortium will fully-own it, according to Bloomberg.

Adnoc will retain 60% of the fields once they begin their production.

“We are engaging with partners who actually put skin in the game,” Adnoc’s CEO Sultan Ahmed Al Jaber commented.

Source: Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (THB)
Sales 2019 182 B
EBIT 2019 68 330 M
Net income 2019 40 081 M
Finance 2019 74 559 M
Yield 2019 3,87%
P/E ratio 2019 12,56
P/E ratio 2020 12,85
EV / Sales 2019 2,35x
EV / Sales 2020 2,33x
Capitalization 502 B
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 144  THB
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Phongsthorn Thavisin Chief Executive Officer & Director
Prajya Phinyawat Chairman
Sumrid Sumneing Executive Vice President-Finance & Accounting
Ketmadee Paireepinart Vice President-Information Technology
Achporn Charuchinda Independent Director
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PTT EXPLORATION AND PRODUCTION PCL15 827
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