7 stories mentioning BKK:PTTUpdated 31d ago
Every FINWIRES story that references BKK:PTT, newest first.
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PTT Public (BKK:PTT) recorded a rise in profit attributable to equity holders for the second quarter to 52.5 billion baht from 21.5 billion baht a year prior.The Thai state-owned oil and gas company's EPS increased to 1.85 baht from 0.76 baht previously, according to a Thursday Thai bourse filing.Sales revenue rose 23% to 830.4 billion baht from 676.8 billion baht.
(Updates to add a Woodside spokesperson's comment)Thailand's state-owned PTT (BKK:PTT) is considering investments in U.S. liquefied natural gas (LNG) export projects to boost its energy security requirements, Bloomberg News reported Tuesday, citing people with knowledge of the matter.The oil and gas company is in initial talks with project developers on possible equity investments and long-term supply agreements, including discussions with Australia's Woodside Energy Group (ASX:WDS) over its Louisiana LNG project, the report said.The main goal is to diversify fuel supplies away from the Middle East, since the war in Iran choked shipments and raised oil prices. Although Thailand has a long-term contract with Qatar, it was forced to secure expensive spot cargoes to keep up with the demand.A Woodside Energy spokesperson said in an email tothat the company does not comment on market speculation.Meanwhile, PTT did not immediately respond to' request for comment.Shares of Woodside Energy Group fell nearly 2% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Thailand's state-owned PTT (BKK:PTT) is considering investments in U.S. liquefied natural gas (LNG) export projects to boost its energy security requirements, Bloomberg News reported Tuesday, citing people with knowledge of the matter.The oil and gas company is in initial talks with project developers on possible equity investments and long-term supply agreements, including discussions with Australia's Woodside Energy Group (ASX:WDS) over its Louisiana LNG project, the report said.The main goal is to diversify fuel supplies away from the Middle East, since the war in Iran choked shipments and raised oil prices. Although Thailand has a long-term contract with Qatar, it was forced to secure expensive spot cargoes to keep up with the demand.PTT and Woodside Energy Group did not immediately respond to' request for comment.Shares of Woodside Energy Group fell nearly 2% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Thailand's state-owned PTT (BKK:PTT) is assessing investment opportunities in the U.S. liquefied natural gas (LNG) export projects, including a possible stake and long-term offtake arrangements, Bloomberg News reported Tuesday, citing sources familiar with the matter.This came as the country seeks to broaden fuel supply sources. Among the projects under discussion is Woodside Energy's Louisiana LNG development, although negotiations remain preliminary. PTT said it is reviewing LNG opportunities in the U.S. and other markets, while Woodside declined to comment, according to the sources.The move follows supply disruptions linked to the Iran conflict, which exposed Thailand's dependence on Middle Eastern LNG and increased purchases of higher-priced spot cargoes. Separately, Bangkok plans to expand LNG import capacity to support rising electricity demand, including from upcoming data center developments, the news outlet said.PTT did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Thailand and the United States are accelerating talks on U.S.-produced liquefied natural gas (LNG) supply deals following damage to export infrastructure in Qatar caused by the Iran conflict, Reuters reported Wednesday, citing sources.The negotiations center on a binding long-term agreement between Venture Global and Thailand's state-controlled energy company PTT PCL (BKK:PTT), according to the report.The news outlet noted that such contracts typically run 15 years or more.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
PTT Public (BKK:PTT) has an average rating of overweight and mean price target of 39.54 baht, according to analysts polled by FactSet.
