PTT Exploration (PEXNY) AI Stock Analysis

• Market Cap: $14.09B
• Dividend Yield: 7.99%
• Average Volume (3M): 556.00
• Price to Earnings (P/E): 8.0
• Beta (1Y): -0.19
• Revenue Growth: -2.35%
• EPS Growth: -17.06%
• Country: US
• Employees: 1,982
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.20
• Shares Outstanding: 1,984,992,600
• 10 Day Avg. Volume: 949
• 30 Day Avg. Volume: 556
• PEG Ratio: 3.45
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 2.39
• P/FCF Ratio: 7.79
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $7.00 ▲(47.68% Upside)

The score is primarily supported by strong profitability and a conservative balance sheet, reinforced by attractive valuation (low P/E and high dividend yield). These positives are tempered by declining revenue and sharply lower free cash flow growth, plus a weaker longer-term technical trend (below 50/100/200-day averages and negative MACD).

Positive Factors

Profitability

High margins indicate efficient operations and strong pricing power, supporting long-term financial health and competitive positioning.

Conservative Leverage

Low leverage enhances financial stability and flexibility, allowing the company to navigate economic fluctuations and invest in growth opportunities.

Cash Generation

Strong cash generation supports ongoing operations, debt servicing, and potential reinvestment in strategic projects, bolstering long-term sustainability.

Negative Factors

Revenue Decline

Significant revenue decline may indicate challenges in market demand or competitive pressures, potentially impacting future growth and market share.

Free Cash Flow Decline

Declining free cash flow limits the company's ability to fund new projects and manage debt, potentially constraining future expansion and financial flexibility.

Earnings Growth Challenge

A decrease in earnings growth suggests potential operational or market challenges, which could affect investor confidence and long-term profitability.

PTT Exploration Business Overview & Revenue Model

Company Description

PTT Exploration and Production Public Company Limited (PEXNY) is a prominent Thai oil and gas exploration and production company, primarily engaged in the exploration and production of crude oil and natural gas. As a subsidiary of PTT Public Company Limited, PEXNY operates both domestically and internationally, focusing on enhancing energy security and contributing to sustainable energy development. The company is involved in upstream activities, including the acquisition of exploration licenses, drilling, and the extraction of hydrocarbons, and it aims to expand its portfolio through strategic investments and partnerships in various global markets.

How the Company Makes Money

PEXNY generates revenue primarily through the sale of crude oil and natural gas. The company’s revenue model is centered on the exploration, production, and sale of hydrocarbons, where it earns money from the extraction and sale of these resources to various markets. Key revenue streams include the sale of produced oil and gas, contractual agreements with energy companies, and joint ventures in exploration projects. Additionally, PEXNY benefits from strategic partnerships and collaborations with other energy firms, which enhance its operational capabilities and market reach, allowing for shared resources and reduced exploration risks. Fluctuations in global oil prices and demand also play a critical role in influencing the company’s overall revenue and profitability.

PTT Exploration Financial Statement Overview

Summary

PTT Exploration shows strong profitability with high margins and a solid balance sheet with low leverage. However, the decline in revenue and free cash flow growth presents challenges that need addressing.

Income Statement

PTT Exploration's income statement shows strong profitability with a high gross profit margin of 69.42% and a solid net profit margin of 22.49% for the TTM period. However, the company experienced a revenue decline of 4.29% in the TTM, indicating potential challenges in revenue growth. Despite this, the EBIT and EBITDA margins remain robust at 43.28% and 75.60%, respectively, reflecting efficient cost management.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.24, indicating conservative leverage. The return on equity is healthy at 12.74%, showcasing effective use of equity capital. The equity ratio stands at 56.14%, suggesting a strong equity base relative to total assets, which enhances financial stability.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 30.21% in the TTM, which could be a concern. However, the operating cash flow to net income ratio is strong at 1.73, indicating good cash generation relative to net income. The free cash flow to net income ratio is 0.29, suggesting room for improvement in converting income to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	220.88B	312.31B	300.69B	331.35B	219.07B	160.40B
Gross Profit	140.94B	203.26B	203.74B	224.04B	124.67B	82.35B
EBITDA	168.19B	242.88B	231.97B	234.58B	157.16B	113.33B
Net Income	48.77B	78.82B	76.71B	70.90B	38.86B	22.66B
Balance Sheet
Total Assets	28.94B	965.30B	902.82B	869.86B	783.54B	675.64B
Cash, Cash Equivalents and Short-Term Investments	2.81B	143.74B	145.20B	122.35B	85.53B	114.26B
Total Debt	3.96B	127.83B	134.65B	142.96B	136.81B	118.11B
Total Liabilities	13.05B	429.43B	403.38B	402.74B	368.19B	321.23B
Stockholders Equity	15.88B	535.59B	499.33B	467.12B	415.35B	354.41B
Cash Flow
Free Cash Flow	20.32B	95.86B	68.67B	98.74B	56.67B	48.67B
Operating Cash Flow	107.21B	202.30B	151.85B	164.92B	110.07B	86.67B
Investing Cash Flow	-93.87B	-150.37B	-82.45B	-59.29B	-123.02B	-33.52B
Financing Cash Flow	-34.66B	-54.37B	-51.42B	-70.07B	-22.20B	-26.47B

PTT Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.74
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PEXNY, the sentiment is Positive. The current price of 4.74 is below the 20-day moving average (MA) of 5.94, below the 50-day MA of 6.84, and below the 200-day MA of 8.45, indicating a neutral trend. The MACD of 0.20 indicates Negative momentum. The RSI at 66.81 is Neutral, neither overbought nor oversold. The STOCH value of 96.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PEXNY.

PTT Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PR	77 Outperform	$11.70B	12.82	8.58%	4.27%	7.55%	-34.40%
APA	73 Outperform	$9.00B	6.06	27.24%	3.80%	4.88%	-41.34%
CTRA	73 Outperform	$19.35B	11.45	11.86%	3.39%	26.13%	31.42%
PEXNY	69 Neutral	$14.09B	8.04	11.75%	7.99%	-2.35%	-17.06%
AR	67 Neutral	$9.93B	18.43	7.65%	―	17.05%	1028.81%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
OVV	60 Neutral	$9.80B	42.37	2.26%	3.16%	-8.07%	-87.88%