PTT Exploration & Production (PEXNY)
OTHER OTC:PEXNY
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PTT Exploration
(OTC:PEXNY)
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Rating:74Outperform
Price Target:
$10.00
▲(35.14% Upside)
Action:ReiteratedDate:04/08/26
The score is driven primarily by solid financial performance (strong profitability and balance sheet) but tempered by 2025 weakening and free-cash-flow volatility. Valuation is a major positive with a low P/E and high dividend yield. Technicals are supportive due to strong trend and positive MACD, but overbought readings increase near-term risk.
Positive Factors
Profitability & Margins
Consistently strong margins (net margin ~25% in 2024) and high profit levels across 2020–2024 indicate durable operating economics. These margins support reinvestment, dividend capacity and competitive resilience during typical oil & gas cycles, helping sustain returns over months.
Negative Factors
Recent Revenue Decline
Revenue and net income fell in 2025 versus 2024 (annual revenue growth -6.2%), exposing susceptibility to commodity and market cycles. Persistent top-line weakness would pressure margins, returns and strategic investment plans across the coming 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability & Margins
Consistently strong margins (net margin ~25% in 2024) and high profit levels across 2020–2024 indicate durable operating economics. These margins support reinvestment, dividend capacity and competitive resilience during typical oil & gas cycles, helping sustain returns over months.
Read all positive factors
PTT Exploration (PEXNY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$18.67B
Dividend Yield7.99%
Average Volume (3M)556.00
Price to Earnings (P/E)6.3
Beta (1Y)-0.37
Revenue Growth-2.35%
EPS Growth-17.06%
CountryUS
Employees1,982
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.28
Shares Outstanding1,984,992,600
10 Day Avg. Volume949
30 Day Avg. Volume556
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)0.73
Price to Sales (P/S)1.41
P/FCF Ratio12.93
Enterprise Value/Market Cap36.29
Enterprise Value/Revenue2.51
Enterprise Value/Gross Profit4.13
Enterprise Value/Ebitda3.63
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.09
Revenue Forecast (FY)$9.73B
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; investm...
How the Company Makes Money
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PTT Exploration Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
77
Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 269.81B | 312.31B | 300.69B | 331.35B | 219.07B |
| Gross Profit | 174.33B | 203.26B | 203.74B | 224.04B | 124.67B |
| EBITDA | 186.67B | 242.88B | 231.97B | 234.58B | 157.16B |
| Net Income | 60.27B | 78.82B | 76.71B | 70.90B | 38.86B |
Balance Sheet | |||||
| Total Assets | 933.94B | 965.30B | 902.82B | 869.86B | 783.54B |
| Cash, Cash Equivalents and Short-Term Investments | 77.93B | 143.74B | 145.20B | 122.35B | 85.53B |
| Total Debt | 126.77B | 127.83B | 134.65B | 142.96B | 136.81B |
| Total Liabilities | 414.37B | 429.43B | 403.38B | 402.74B | 368.19B |
| Stockholders Equity | 519.31B | 535.59B | 499.33B | 467.12B | 415.35B |
Cash Flow | |||||
| Free Cash Flow | 29.42B | 95.86B | 68.67B | 98.74B | 56.67B |
| Operating Cash Flow | 150.40B | 202.30B | 151.85B | 164.92B | 110.07B |
| Investing Cash Flow | -149.86B | -150.37B | -82.45B | -59.29B | -123.02B |
| Financing Cash Flow | -54.69B | -54.37B | -51.42B | -70.07B | -22.20B |
PTT Exploration Technical Analysis
Positive
7.40
Price Trends
6.84
Positive
6.52
Positive
7.52
Positive
Market Momentum
0.70
Negative
77.88
Negative
84.17
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 7.4 is below the 20-day moving average (MA) of 7.41, above the 50-day MA of 6.84, and below the 200-day MA of 7.52, indicating a bullish trend. The MACD of 0.70 indicates Negative momentum. The RSI at 77.88 is Negative, neither overbought nor oversold. The STOCH value of 84.17 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $25.42B | 11.67 | 11.77% | 3.39% | 26.13% | 31.42% | |
77 Outperform | $17.90B | 10.74 | 9.56% | 4.27% | 7.55% | -34.40% | |
74 Outperform | $11.69B | 16.82 | 8.63% | ― | 17.05% | 1028.81% | |
74 Outperform | $18.67B | 6.31 | 11.55% | 7.99% | -2.35% | -17.06% | |
72 Outperform | $13.65B | 6.12 | 24.51% | 3.80% | 4.88% | -41.34% | |
72 Outperform | $15.89B | 8.12 | 11.86% | 3.16% | -8.07% | -87.88% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
* Energy Sector Average
PEXNY
PTT Exploration
9.05
0.08
0.91%
APA
APA
38.63
24.33
170.14%
CTRA
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OVV
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75.90%
AR
Antero Resources
37.89
4.79
14.47%
PR
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20.66
10.06
94.91%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.