PTTEP reports nine-month 2026 net profit of THB 53.74 billion
Bitget2026/10/30 11:35- PTTEP reported net profit of THB 53.74 billion for the first nine months of 2026, with revenue of THB 268.38 billion.
- Average sales volume rose 10% year over year to 549,020 barrels of oil equivalent per day, driven by higher natural gas sales.
- Average selling price climbed 13% year over year to USD 50.17 per barrel of oil equivalent, tracking higher global crude oil prices.
- PTTEP and PC JDA secured a production-sharing contract extending petroleum exploration, development and production at MTJDA A-18-01 for another 35 years.
- The Bussabong gas development received a final investment decision, with first production targeted for 2028 at approximately 30 million standard cubic feet daily.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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