|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.01 - 5.01|
|52 Week Range||5.00 - 7.50|
|Beta (5Y Monthly)||0.84|
|PE Ratio (TTM)||7.06|
|Forward Dividend & Yield||0.06 (1.15%)|
|Ex-Dividend Date||Sep 29, 2020|
|1y Target Est||N/A|
A U.S. subsidiary of state-owned Thai oil and gas company PTT PCL said it is working to "move forward" a proposed petrochemical plant in Ohio that will turn ethane into plastics and provide a regional economic boost. Reports last week said PTT had instructed its PTT Global Chemical America (PTTGCA) subsidiary to review plans for the plant because of a change in investment conditions.
State-owned Thai oil and gas company PTT PCL said on Wednesday its U.S. unit took a step forward on its proposed chemical plant in Ohio that will turn ethane into plastics with an ethane supply agreement with Range Resources Corp. Under the agreement, U.S. oil and gas producer Range will provide 15,000 barrels per day (bpd) of ethane as feedstock for PTT Global Chemical America's (PTTGCA) planned ethane cracker along the Ohio River in Belmont County. PTTGCA said the agreement with Range is predicated on its reaching a final investment decision to build the facility.
Moody's Investors Service has assigned a (P)Baa1 senior unsecured rating to the proposed USD2 billion global medium-term note (MTN) program established by PTT Public Company Limited (PTT, Baa1 stable) and its subsidiary PTT Treasury Center Company Limited (PTT TCC). Any issuance under the program by PTT TCC will be unconditionally and irrevocably guaranteed by PTT.