PTT Exploration (PEXNY) AI Stock Analysis

• Market Cap: $14.34B
• Dividend Yield: 5.28%
• Average Volume (3M): 411.00
• Price to Earnings (P/E): 9.8
• Beta (1Y): -0.48
• Revenue Growth: -2.35%
• EPS Growth: -11.70%
• Country: US
• Employees: 1,982
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.22
• Shares Outstanding: 1,984,992,600
• 10 Day Avg. Volume: 708
• 30 Day Avg. Volume: 411
• 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: 1.44
• Enterprise Value/Revenue: 0.07
• Enterprise Value/Gross Profit: 0.11
• Enterprise Value/Ebitda: 0.09
• 1Y Price Target: $10.50
• Price Target Upside: 8.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: $9.00 ▼(-6.83% Downside)

The overall stock score is driven by strong financial performance and attractive valuation, offset by mixed technical indicators. The company's profitability and solid balance sheet are significant strengths, while the bearish technical trend and revenue challenges are notable risks.

PTT Exploration Business Overview & Revenue Model

Company Description

PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration and production of petroleum in Thailand and internationally. It is also involved in the gas pipeline transportation business; investment funding; and the provision of petroleum-related technology, human resource support, treasury center, technology, and solar power businesses, as well as renewable energy and related activities. In addition, the company invests in cleaner energy and technology-related businesses. The company was founded in 1985 and is headquartered in Bangkok, Thailand. PTT Exploration and Production Public Company Limited is a subsidiary of PTT Public Company Limited.

How the Company Makes Money

PTT Exploration generates revenue primarily through the sale of crude oil and natural gas produced from its exploration and production activities. The company's revenue model is heavily reliant on the global prices of oil and gas, which can fluctuate based on market conditions. Key revenue streams include the sale of hydrocarbons to refineries, industrial users, and other energy companies. Additionally, PEXNY may earn revenue from joint ventures and partnerships with other oil and gas companies, which can provide shared access to resources and technology. The company’s strategic investments in exploration projects and its ability to optimize production efficiency also play a crucial role in enhancing its earnings.

PTT Exploration Financial Statement Overview

Summary

PTT Exploration demonstrates strong profitability with high margins and a solid balance sheet. However, the decline in revenue and free cash flow growth poses 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	294.55B	312.31B	300.69B	331.35B	219.07B	160.40B
Gross Profit	187.30B	203.26B	203.74B	224.04B	124.67B	82.35B
EBITDA	223.87B	242.88B	231.97B	234.58B	157.16B	113.33B
Net Income	66.24B	78.82B	76.71B	70.90B	38.86B	22.66B
Balance Sheet
Total Assets	931.89B	965.30B	902.82B	869.86B	783.54B	675.64B
Cash, Cash Equivalents and Short-Term Investments	122.05B	143.74B	145.20B	122.35B	85.53B	114.26B
Total Debt	126.41B	127.83B	134.65B	142.96B	136.81B	118.11B
Total Liabilities	408.52B	429.43B	403.38B	402.74B	368.19B	321.23B
Stockholders Equity	523.11B	535.59B	499.33B	467.12B	415.35B	354.41B
Cash Flow
Free Cash Flow	48.27B	95.86B	68.67B	98.74B	56.67B	48.67B
Operating Cash Flow	164.11B	202.30B	151.85B	164.92B	110.07B	86.67B
Investing Cash Flow	-119.24B	-150.37B	-82.45B	-59.29B	-123.02B	-33.52B
Financing Cash Flow	-55.22B	-54.37B	-51.42B	-70.07B	-22.20B	-26.47B

PTT Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.66
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 9.66 is above the 20-day moving average (MA) of 9.02, above the 50-day MA of 8.79, and below the 200-day MA of 9.75, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 60.88 is Neutral, neither overbought nor oversold. The STOCH value of 47.76 is Neutral, 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
APA	78 Outperform	8.40B	8.02	9.64%	4.26%	12.13%	-67.53%
CTRA	72 Outperform	17.77B	11.55	10.83%	3.74%	16.56%	20.21%
PR	72 Outperform	11.03B	8.82	12.05%	4.53%	16.37%	21.22%
OVV	70 Outperform	10.60B	18.59	5.73%	2.91%	-12.92%	-68.16%
PEXNY	69 Neutral	$14.34B	9.85	12.42%	5.28%	-2.35%	-11.70%
AR	67 Neutral	9.79B	22.08	0.00%	―	11.65%	415.90%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%