PTTEP reported net profit for the second quarter of 2026 at 833 million US dollars, up 122% from the previous quarter, with record average sales volume of 572,882 barrels of oil equivalent per day and an EBITDA margin of 72%, exceeding the JUMP+ programme target of no less than 70%. Supporting factors included a 4% increase in sales volume and a 15% rise in selling prices, although unit costs rose 6% to 29.8 US dollars per barrel of oil equivalent. The company maintains its target of keeping costs close to 30 US dollars per barrel of oil equivalent. For the third quarter of 2026, sales volume is expected to decline to approximately 525,000 barrels of oil equivalent per day due to a maintenance shutdown deferred from the second quarter, but full-year average sales volume is projected to be near 560,000 barrels of oil equivalent per day. The financial position remains strong, with a debt-to-equity ratio of 0.26 times, and the company declared an interim dividend of 4.50 baht per share.
PTT Exploration and Production Public Company LimitedQ2 net profit surged 122% with record sales volume and EBITDA margin above target, plus interim dividend declared.