PTT Exploration and Production Public Company LimitedPTTEP
Mentioned
Impact on stocks 1
Energy
PTT Exploration and Production Public Company LimitedPTT Exploration and Production Public Company LimitedFinansia Syrus Securities recommends a speculative trade on PTTEP, expecting the share price to outperform the market in the near term after Brent crude oil prices recently surged to 100 US dollars per barrel amid ongoing Middle East tensions with no signs of easing. Net profit for the second quarter of 2026 is forecast to jump roughly 100 percent from both the previous quarter and the same period last year, reaching about 27 billion baht, supported by hedging gains that reverse the hedging losses seen in the first quarter of 2026. Core profit is estimated at 24 billion baht, still growing well on higher sales volumes and selling prices. The target price is 158.71 baht.