Company Thai Oil

Equities

TOP

TH0796010005

Oil & Gas Refining and Marketing

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Thai Oil

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Oil & Gas Refining and Marketing

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-05-12 pm EDT			5-day change	1st Jan Change
52.75 ^THB	-1.40%		-2.31%	-1.86%

May. 09	Thai Oil Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 29	Petrofac mulls debt for equity swap; sees extra charge in E&C business	AN

Thai Oil Public Company Limited is a Thailand-based company that is engaged in the operations of oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. The Companyâs segments include Oil refinery, Lube base oil refinery, Aromatics and LAB, Power generation, Solvent, Ethanol, Olefins, and Others. It is also involved in oil refinery, petrochemicals-aromatics, and lube base oil, with supporting businesses, including power generation, solvents and chemicals, pipeline transportation, renewable-energy generation, and the petrochemical-olefins business. The Companyâs subsidiaries include TOP Next International Co., Ltd., Sak Chaisidhi Co., Ltd., TOP Solvent (Vietnam) LLC, PT Tirta Surya Raya, JSKEM Private Limited, Sapthip Co., Ltd., LABIX Co., Ltd., TOP Ventures Company Limited, TOP Ventures Hong Kong Limited, and TOP Ventures America LLC. Sak Chaisidhi Co., Ltd. is engaged in solvent and chemical products manufacturing.

Number of employees: 1,201

THB in Million	2022	Weight	2023	Weight	Delta
Oil Refinery 85.2 %	428,210	84.7 %	391,432	85.2 %	-8.59%
Aromatics and Linear Alkylbenzene 5.3 %	27,752	5.5 %	24,372	5.3 %	-12.18%
Solvent 4.2 %	22,397	4.4 %	19,225	4.2 %	-14.16%
Lube Base Oil Refinery 4.0 %	20,078	4.0 %	18,208	4.0 %	-9.31%
Power Generation 1.1 %	6,211	1.2 %	5,230	1.1 %	-15.79%
Ethanol 0.2 %	1,055	0.2 %	935	0.2 %	-11.37%

THB in Million	2022	Weight	2023	Weight	Delta
Thailand 91.4 %	479,996	90.6 %	429,057	91.4 %	-10.61%
Other Countries 7.8 %	46,850	8.8 %	36,757	7.8 %	-21.54%
Indonesia 0.7 %	2,743	0.5 %	3,430	0.7 %	+25.05%

Managers	Title	Age	Since
Bandhit Thamprajamchit CEO	Chief Executive Officer	53	-
Chanamas Sasnanand DFI	Director of Finance/CFO	54	Nov. 30
Duangporn Teerapabpaisit CTO	Chief Tech/Sci/R&D Officer	-	-
Narongsak Chaviengpob CTO	Chief Tech/Sci/R&D Officer	-	-
Viroj Meenaphant CMP	Compliance Officer	-	18-09-30
Rungnapa Janchookiat CTO	Chief Tech/Sci/R&D Officer	-	-
Jidapa Soontraratpong CTO	Chief Tech/Sci/R&D Officer	-	-
Rungtip Maneesarachun AUD	Comptroller/Controller/Auditor	-	16-12-31
Rathakorn Kampanathsanyakorn PRN	Corporate Officer/Principal	-	-
Jeerawat Pattanasomsit PRN	Corporate Officer/Principal	-	14-12-31

Members of the board	Title	Age	Since
Bandhit Thamprajamchit CEO	Chief Executive Officer	53	-
Distat Hotrakitya BRD	Director/Board Member	65	23-04-09
Pannalin Mahawongtikul BRD	Director/Board Member	59	18-09-30
Plakorn Wanglee BRD	Director/Board Member	58	20-10-31
Apichart Chaiyadar BRD	Director/Board Member	55	23-04-09
Buranin Rattanasombat BRD	Director/Board Member	57	20-09-17
Suchat Ramarch BRD	Director/Board Member	56	21-09-30
Terdkiat Prommool BRD	Director/Board Member	58	20-10-31
Sompop Pattanariyankool BRD	Director/Board Member	46	-
Piya Raksakul BRD	Director/Board Member	-	23-04-09

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	2,233,835,566	1,071,479,274 ( 47.97 %)	0	47.97 %

Name	Equities	%	Valuation
PTT 48.00 %	1,072,320,738	48.00 %	1 749 M ฿
Kasikorn Asset Management Co., Ltd. 1.562 %	34,887,298	1.562 %	57 M ฿
BBL Asset Management Co., Ltd. 1.449 %	32,369,438	1.449 %	53 M ฿
SCB Asset Management Co., Ltd. 1.083 %	24,200,150	1.083 %	39 M ฿
Social Security Office of Thailand 1.030 %	23,015,836	1.030 %	38 M ฿
Lombard Odier (Hong Kong) Ltd. 0.4927 %	11,006,372	0.4927 %	18 M ฿
TISCO Asset Management Co., Ltd. 0.4733 %	10,571,947	0.4733 %	17 M ฿
Krung Thai Asset Management Public Co., Ltd. 0.4461 %	9,965,113	0.4461 %	16 M ฿
UOB Asset Management (Thailand) Co., Ltd. 0.4377 %	9,778,118	0.4377 %	16 M ฿
Thanachart Fund Management Co., Ltd. 0.4226 %	9,441,163	0.4226 %	15 M ฿

Name	Equities	%	Valuation
AllianceBernstein Australia Ltd. 0.0512 %	1,044,000	0.0512 %	2 M ฿
DWS Investment SA Luxembourg (Investment Management) 0.0426 %	869,300	0.0426 %	1 M ฿
ANIMA Sgr SpA 0.0397 %	810,200	0.0397 %	1 M ฿
Universal-Investment-Gesellschaft mbH (Invt Mgmt) 0.0334 %	681,000	0.0334 %	1 M ฿
Eurizon Capital SGR SpA 0.0210 %	427,950	0.0210 %	686 128 ฿
Storebrand Asset Management AS 0.0181 %	368,417	0.0181 %	590 679 ฿
State Street Global Advisors Ltd. 0.0159 %	324,611	0.0159 %	520 446 ฿
KLP Kapitalforvaltning AS 0.0156 %	317,463	0.0156 %	508 985 ฿
Nykredit Bank A/S (Investment Management) 0.0132 %	270,017	0.0132 %	432 916 ฿
DFA Australia Ltd. 0.0126 %	256,290	0.0126 %	410 907 ฿

Name	Equities	%	Valuation
State Street Global Advisors Ltd. 0.1220 %	2,488,338	0.1220 %	4 M ฿
Sjunde AP-fonden 0.1183 %	2,412,988	0.1183 %	4 M ฿
Swiss Rock Asset Management AG 0.0220 %	448,800	0.0220 %	731 858 ฿
Sumitomo Mitsui Trust Asset Management Co., Ltd. 0.0191 %	389,418	0.0191 %	635 024 ฿
Nomura Asset Management Taiwan Ltd 0.0178 %	363,774	0.0178 %	593 206 ฿
Russell Investments Ltd. 0.0170 %	347,371	0.0170 %	566 458 ฿
SEI Investments (Europe) Ltd. 0.0147 %	298,900	0.0147 %	487 416 ฿
Quantex AG 0.009804 %	200,000	0.009804 %	326 140 ฿
Pension Reserves Investment Management Board 0.009372 %	191,200	0.009372 %	311 790 ฿
Eurizon Capital SA 0.006667 %	136,017	0.006667 %	221 803 ฿

Name	Equities	%	Valuation
PT CHANDRA ASRI PACIFIC TBK 15.00%	12,976,731,760	15.00%	6,045,470,025 $
GLOBAL POWER SYNERGY 10.00%	281,972,937	10.00%	372,818,978 $
UBON BIO ETHANOL 12.39%	485,143,000	12.39%	10,343,249 $

Thai Oil Public Co. Ltd.

555/1 Energy Complex Building A Vibhavadi Rangsit Road

10900, Bangkok

+66 2 797 2999

http://www.thaioilgroup.com

Name	Category and Sector
Thaioil Treasury Center Co., Ltd.	Finance/Rental/Leasing

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

53.5 THB

Average target price

65.96 THB

Spread / Average Target

+23.28%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Refining and Marketing

Other Oil & Gas Refining and Marketing

	1st Jan change	Capi.
THAI OIL	-0.47%	3.25B
RELIANCE INDUSTRIES LTD	+7.81%	228B
BP PLC	+8.59%	104B
CHINA PETROLEUM & CHEMICAL CORPORATION	+25.18%	102B
MARATHON PETROLEUM CORPORATION	+21.03%	63.26B
PHILLIPS 66	+9.36%	61.73B
VALERO ENERGY CORPORATION	+20.10%	51.05B
IMPERIAL OIL LIMITED	+26.44%	37.43B
INDIAN OIL CORPORATION LIMITED	+21.26%	26.2B
FORMOSA PETROCHEMICAL CORPORATION	-12.89%	20.63B

Other Oil & Gas Refining and Marketing