PTT Exploration (PEXNY) AI Stock Analysis

• Market Cap: $16.81B
• Dividend Yield: 7.99%
• Average Volume (3M): 556.00
• Price to Earnings (P/E): 10.0
• Beta (1Y): -0.80
• Revenue Growth: 0.57%
• EPS Growth: -21.59%
• Country: US
• Employees: 1,982
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 28.04
• Shares Outstanding: 1,984,992,600
• 10 Day Avg. Volume: 949
• 30 Day Avg. Volume: 556
• PEG Ratio: -0.27
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 12.93
• Enterprise Value/Market Cap: 34.53
• Enterprise Value/Revenue: 2.09
• Enterprise Value/Gross Profit: 3.58
• Enterprise Value/Ebitda: 3.08
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.11
• Revenue Forecast (FY): $9.71B

• Rating: 69 Neutral
• Price Target: $9.50 ▲(28.38% Upside)
• Action: Downgraded
• Date: 05/02/26

Positive Factors

Conservative leverage / strong balance sheet

Low and improving leverage (debt-to-equity ~0.24) provides durable financial flexibility for an upstream operator. It reduces refinancing and solvency risk across commodity cycles, supports investment in developments and maintenance capex, and helps sustain distributions without heavy reliance on external funding.

Negative Factors

Weak and declining free cash flow conversion

Low FCF conversion (~17% of net income) and a recent -13% TTM FCF decline constrain the firm's ability to fund exploration, reserve replacement and growth from internal cash. Persistently weak FCF would raise reliance on external financing and reduce flexibility to sustain dividends through downturns.

PTT Exploration Business Overview & Revenue Model

Company Description

PTT Exploration and Production Public Company Limited (PTTEP), along with its subsidiaries, primarily focuses on the discovery and extraction of petroleum resources, conducting operations both domestically in Thailand and internationally. Beyond i...

Read more

PTT Exploration and Production Public Company Limited (PTTEP), along with its subsidiaries, primarily focuses on the discovery and extraction of petroleum resources, conducting operations both domestically in Thailand and internationally. Beyond i...

How the Company Makes Money

PTT Exploration and Production makes money primarily by producing and selling hydrocarbons. Its main revenue streams are (1) natural gas sales, (2) crude oil sales, and (3) condensate and other petroleum liquids sales. Revenue is generally recogni...

Read more

PTT Exploration and Production makes money primarily by producing and selling hydrocarbons. Its main revenue streams are (1) natural gas sales, (2) crude oil sales, and (3) condensate and other petroleum liquids sales. Revenue is generally recogni...

PTT Exploration Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	277.31B	269.81B	312.31B	300.69B	331.35B	219.07B
Gross Profit	162.07B	174.33B	203.26B	203.74B	224.04B	124.67B
EBITDA	188.36B	186.67B	242.88B	231.97B	234.58B	157.16B
Net Income	55.98B	60.27B	78.82B	76.71B	70.90B	38.86B
Balance Sheet
Total Assets	979.23B	933.94B	965.30B	902.82B	869.86B	783.54B
Cash, Cash Equivalents and Short-Term Investments	84.21B	77.93B	143.74B	145.20B	122.35B	85.53B
Total Debt	128.34B	126.77B	127.83B	134.65B	142.96B	136.81B
Total Liabilities	451.08B	414.37B	429.43B	403.38B	402.74B	368.19B
Stockholders Equity	527.88B	519.31B	535.59B	499.33B	467.12B	415.35B
Cash Flow
Free Cash Flow	27.03B	29.42B	95.86B	68.67B	98.74B	56.67B
Operating Cash Flow	160.90B	150.40B	202.30B	151.85B	164.92B	110.07B
Investing Cash Flow	-161.75B	-149.86B	-150.37B	-82.45B	-59.29B	-123.02B
Financing Cash Flow	-54.70B	-54.69B	-54.37B	-51.42B	-70.07B	-22.20B

PTT Exploration Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• 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 below the 20-day moving average (MA) of 8.14, below the 50-day MA of 8.45, and below the 200-day MA of 7.44, indicating a neutral trend. The MACD of -0.28 indicates Positive momentum. The RSI at 27.05 is Positive, neither overbought nor oversold. The STOCH value of <0.01 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	73 Outperform	$16.21B	21.25	6.32%	4.27%	-1.12%	-48.40%
APA	71 Outperform	$12.39B	7.76	25.11%	3.80%	-17.38%	54.99%
AR	71 Outperform	$10.74B	11.09	12.71%	―	24.26%	323.40%
PEXNY	69 Neutral	$16.81B	9.96	10.63%	7.99%	0.57%	-21.59%
OVV	68 Neutral	$15.84B	17.82	7.11%	3.16%	-0.59%	32.83%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%