Company profile

Future of PTT

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| Quantumrun Global 1000

PTT Public Company Limited or just PTT is a Thai state-owned SET-listed oil and gas company. Previously known as the Petroleum Authority of Thailand, it owns vast submarine gas pipelines in the Thailand Gulf, a network of LPG terminals throughout the kingdom, and is engaged in electricity generation, oil and gas exploration and production, petrochemical products, and gasoline retailing businesses. Associated companies include PTT Global Chemical, PTT Green Energy, PTT Exploration and Production, and PTT Asia Pacific Mining.

Home Country:
Sector:
Industry:
Petroleum Refining
Website:
Founded:
1978
Global employee count:
24934
Domestic employee count:
Number of domestic locations:
1

Financial Health

3y average revenue:
$2320000000000 THB
Funds in reserve:
$215566411132 THB

Asset Performance

  1. Product/Service/Dept. name
    Gas
    Product/Service revenue
    364844160
  2. Product/Service/Dept. name
    Petrochemical and refining
    Product/Service revenue
    567535360
  3. Product/Service/Dept. name
    Oil and international trading
    Product/Service revenue
    952648640

Innovation assets and Pipeline

Investment into R&D:
$2256000000 THB

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.

*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.

*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.

*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.

*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.

*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.

COMPANY’S FUTURE PROSPECTS

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