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

Ratings On PTT Exploration and Production Public Co. Affirmed

Published Apr 28, 2000

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Abstract:

SINGAPORE (Standard&Poor's CreditWire) April 28, 2000--Standard&Poor's today affirmed its triple-'B'-minus long-term foreign and local currency ratings and senior unsecured issue ratings on PTT Exploration and Production Public Co. Ltd. (PTTEP). The outlook on the ratings is stable. The guaranteed US$200 million issue of PTTEP International Ltd. also is affirmed at triple-'B'-minus. PTTEP has a high non-investment grade credit quality on a stand-alone basis. This reflects the company's solid asset base and competitive position in the oil and gas industry, offset by its dependence on domestic gas revenues, reliance on a single customer and on one of its fields in particular, and a moderately aggressive financial profile. PTTEP's credit quality is enhanced by the company's key public

Report Type:

Ratings Action

Ticker

PTTEP@TB

Issuer

PTT Exploration&Production Public Co. Ltd.

GICS

Oil & Gas Exploration & Production (10102020)

Sector

Corporations, Energy, Global Issuers

Country

Thailand

Region

Emerging Markets

Format:

HTML

Summary: PTT Exploration and Production Public Co. Ltd. – 2001/05/29 – US$ 225.00

PTT Exploration and Production Public Co. Ltd. Local Currency Rating Raised to 'BBB+' – 2001/06/25 – US$ 150.00

PTT Exploration and Production Public Co. Ltd. – 2001/08/03 – US$ 500.00

Summary: PTT Exploration and Production Public Co. Ltd. – 2001/08/05 – US$ 225.00

BULLETIN: PTT Exploration and Production to Acquire a Stake in P.T. Medco Energi Internasional – 2001/10/11 – US$ 150.00

PTT Exploration and Production Public Co. Ltd. Ratings Affirmed at BBB- – 1999/06/30 – US$ 150.00

Rating Outlook on Two Thai Corporates Revised to Stable – 1999/05/05 – US$ 150.00

S&P Lowers Foreign Currency Rtgs on Thai Companies – 1998/01/08 – US$ 150.00

PTTEP Samurai Bonds Rated A- by S&P – 1997/09/18 – US$ 150.00

S&P Lowers PTTEP Rating to A-; Off Watch – 1997/09/03 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Ratings On PTT Exploration and Production Public Co. Affirmed" Apr 28, 2000. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-PTT-Exploration-and-Production-Public-Co-Affirmed-149515>

APA:	S&P Global Ratings’ Credit Research. (). Ratings On PTT Exploration and Production Public Co. Affirmed Apr 28, 2000. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-PTT-Exploration-and-Production-Public-Co-Affirmed-149515>

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