|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.80 - 6.80|
|52 Week Range||4.83 - 7.90|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||29.96|
|Forward Dividend & Yield||0.30 (4.38%)|
|Ex-Dividend Date||Aug 11, 2021|
|1y Target Est||N/A|
Thai oil and gas company PTT Exploration and Production Pcl (PTTEP) said on Thursday it has not yet been able to reach agreement with Chevron about accessing the Erawan gas field in the Gulf of Thailand before it takes over the concession from the U.S. oil major next year. State-backed PTTEP had wanted to access the field this year to set up operations in preparation for starting production there next year. Transitions between concessions on oil fields are often collaborative, but delays in talks between PTTEP and Chevron come amid a dispute between Chevron and the Thai government over who should pay for removing offshore assets in the gas field.
Companies such as France’s Total or U.S.-based Chevron have worked for decades with the Myanmar Oil and Gas Enterprise (MOGE), which, according to the UN investigator, "is now controlled by the military junta and represents the single largest source of revenue to the state". Below are facts about Myanmar’s energy sector and the main players. France’s energy major has been a key player in Myanmar since 1992, developing the country’s top gas fields, Yadana and Sein, which started producing gas in 1998.
Rating Action: Moody's affirms PTTEP's Baa1 ratings following 20% stake purchase in Oman's Block 61Global Credit Research - 02 Feb 2021Singapore, February 02, 2021 -- Moody's Investors Service has affirmed PTT Exploration and Production Public Co. Ltd.'s (PTTEP) Baa1 issuer rating and (P)Baa1 senior unsecured MTN Program rating.At the same time, Moody's also affirmed (1) the Baa1 rating on the backed senior unsecured notes issued by PTTEP Canada International Finance Limited (PTTEP CIF); (2) the (P)Baa1 backed senior unsecured MTN Program rating established by PTTEP Treasury Center Company Limited (PTTEP TC); and (3) the Baa1 rating on the backed senior unsecured notes issued by PTTEP TC. The senior unsecured notes issued by PTTEP CIF and PTTEP TC are fully and unconditionally guaranteed by PTTEP.