PTT Exploration and Production Public Co. Ltd. - S&P Global Ratings’ Credit Research

PTT Exploration and Production Public Co. Ltd.

PTT Exploration and Production Public Co. Ltd. - S&P Global Ratings’ Credit Research
PTT Exploration and Production Public Co. Ltd.
Published Oct 08, 2009
3269 words — Published Oct 08, 2009
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Strategic importance to PTT Public Co. Ltd.(PTT) and the Thai government Strong domestic position Solid asset base Modest financial risk profile Dependence on PTT Heavy capital requirements, and some risks relating to increasing overseas presence The corporate credit rating on Thailand's PTT Exploration&Production Public Co. Ltd. (PTTEP) reflects the following strengths: Strategic importance to PTT and the Thai government. PTTEP contributed about 70% to Thai oil and gas conglomerate PTT Public Co. Ltd.'s (PTT: BBB+/Negative/--) EBITDA in 2008 and is owned 65.72% by PTT. PTTEP also plays a key role in developing Thailand's hydrocarbon reserves and has strong links with the Thai government. Strong domestic position. PTTEP has a solid operating track record. Over the past five years,

  
Brief Excerpt:

RESEARCH PTT Exploration and Production Public Co. Ltd. Publication date: 08-Oct-2009 Primary Credit Analyst: Andrew Wong, Singapore (65) 6239-6306; andrew_wong@standardandpoors.com Secondary Credit Analyst: Allan Redimerio, Singapore...

  
Report Type:

Full Report

Ticker
PTTEP@TB
Issuer
GICS
Oil & Gas Exploration & Production (10102020)
Sector
Global Issuers
Country
Region
Pacific
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "PTT Exploration and Production Public Co. Ltd." Oct 08, 2009. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/PTT-Exploration-and-Production-Public-Co-Ltd-750792>
  
APA:
S&P Global Ratings’ Credit Research. (). PTT Exploration and Production Public Co. Ltd. Oct 08, 2009. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/PTT-Exploration-and-Production-Public-Co-Ltd-750792>
  
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