PTT Exploration (PEXNY) AI Stock Analysis

• Market Cap: $15.41B
• Dividend Yield: 7.99%
• Average Volume (3M): 556.00
• Price to Earnings (P/E): 6.5
• 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): N/A
• 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: 34.52
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 3.09
• Enterprise Value/Ebitda: 2.45
• 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: $6.00 ▼(-18.92% Downside)

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, 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

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

Strong profitability and operational efficiency (EBIT margin 42.42%, net margin 21.24%) and conservative leverage (debt-to-equity 0.25). Offsetting this, revenue fell 25% TTM and free cash flow growth declined 57.91% TTM, increasing near-term growth and flexibility risk.

Income Statement

PTT Exploration's income statement shows strong profitability with a high EBIT margin of 42.42% and a net profit margin of 21.24% for TTM. However, the company experienced a significant revenue decline of 25% in the TTM period, indicating potential challenges in maintaining growth. Despite this, the company maintains robust gross and EBITDA margins, suggesting operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.25, indicating conservative leverage. The return on equity is moderate at 11.61%, showing decent profitability relative to shareholder equity. The equity ratio is healthy, suggesting a strong asset base relative to liabilities.

Cash Flow

Cash flow analysis reveals a significant decline in free cash flow growth by 57.91% in the TTM period, which could impact future investments and debt servicing. However, the operating cash flow to net income ratio of 1.52 indicates good cash generation relative to earnings. The free cash flow to net income ratio is moderate at 21.48%, suggesting some room for improvement in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	287.68B	312.31B	300.69B	331.35B	219.07B	160.40B
Gross Profit	171.87B	203.26B	203.74B	224.04B	124.67B	82.35B
EBITDA	217.10B	242.88B	231.97B	234.58B	157.16B	113.33B
Net Income	61.11B	78.82B	76.71B	70.90B	38.86B	22.66B
Balance Sheet
Total Assets	937.33B	965.30B	902.82B	869.86B	783.54B	675.64B
Cash, Cash Equivalents and Short-Term Investments	90.86B	143.74B	145.20B	122.35B	85.53B	114.26B
Total Debt	128.35B	127.83B	134.65B	142.96B	136.81B	118.11B
Total Liabilities	422.62B	429.43B	403.38B	402.74B	368.19B	321.23B
Stockholders Equity	514.44B	535.59B	499.33B	467.12B	415.35B	354.41B
Cash Flow
Free Cash Flow	31.97B	95.86B	68.67B	98.74B	56.67B	48.67B
Operating Cash Flow	149.19B	202.30B	151.85B	164.92B	110.07B	86.67B
Investing Cash Flow	-145.17B	-150.37B	-82.45B	-59.29B	-123.02B	-33.52B
Financing Cash Flow	-53.94B	-54.37B	-51.42B	-70.07B	-22.20B	-26.47B

PTT Exploration Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PEXNY, the sentiment is Negative. The current price of 7.4 is above the 20-day moving average (MA) of 6.65, above the 50-day MA of 6.27, and below the 200-day MA of 8.12, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 7.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	$13.39B	14.74	8.58%	4.27%	7.55%	-34.40%
APA	73 Outperform	$9.37B	6.36	27.24%	3.80%	4.88%	-41.34%
CTRA	73 Outperform	$21.97B	13.31	11.86%	3.39%	26.13%	31.42%
AR	70 Outperform	$11.22B	20.83	7.65%	―	17.05%	1028.81%
PEXNY	69 Neutral	$15.41B	6.52	11.75%	7.99%	-2.35%	-17.06%
OVV	67 Neutral	$11.01B	47.63	2.26%	3.16%	-8.07%	-87.88%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%