Skip to main content Asian 2013 Investment Conference – PTT Public Company Limited Investor Presentation | Shale Experts
Loading...
Pm

Asian 2013 Investment Conference – PTT Public Company Limited

PTT Public Company Limited · Mar 19, 2013 · 48 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Asian 2013 Investment Conference – PTT Public Company Limited – slide 1
    Asian Investment Conference, Hong Kong March 19-20, 2013
  2. Asian 2013 Investment Conference – PTT Public Company Limited – slide 2
    Contents Overview Performance 2013 Outlook Overview Performance 2013 Outlook 1
  3. Asian 2013 Investment Conference – PTT Public Company Limited – slide 3
    Oil Balance Thailand: Jan - Dec 2012 Adequate refining capacity maintains the stability of supply Overview Performance 2013 Outlook Supply Production Sales Import (81%) Domestic Imported Refined Petroleum Products 68 KBD 923 KBD…
  4. Asian 2013 Investment Conference – PTT Public Company Limited – slide 4
    Natural Gas Balance: Jan Dec 2012 Main driver of the Thai economy Overview Performance 2013 Outlook Supply Production Sales Ethane/ Indigenous (79%) Propane/ 3,591 MMSCFD LPG/NGL Petrochemical Feedstock (14%) Chevron 2,541…
  5. Asian 2013 Investment Conference – PTT Public Company Limited – slide 5
    PTT is Thailands Largest Energy Company Overview Performance 2013 Outlook PTT Public Limited Company (PTT) Robust revenue and Net Income growth since IPO (MMUSD) Largest company on Thai Stock exchange 93,128 Market cap US30bn1…
  6. Asian 2013 Investment Conference – PTT Public Company Limited – slide 6
    PTTs Strategic Importance to Thailand Overview Performance 2013 Outlook Ministry of Finance holds majority stake in PTT PTT ratings at Thai sovereign level Public 34% Thai Ministry Foreign 18% of Finance 51% Kingdom of Thai 16%…
  7. Asian 2013 Investment Conference – PTT Public Company Limited – slide 7
    Our Major Businesses & Activities Overview Performance 2013 Outlook Business Areas Company PTTs holding (%) Activities Upstream E&P PTTEP 65.29% Exploration and Production PTT PLC Intermediate Gas Pipeline 100% Sole…
  8. Asian 2013 Investment Conference – PTT Public Company Limited – slide 8
    PTT Aspiration Strategic direction and target to achieve Big-Long-Strong aspiration Overview Performance 2013 Outlook Thai Premier Multinational Energy Company Strong TOP Quartile ROIC Big Long Ranked Fortune 95th Listed in…
  9. Asian 2013 Investment Conference – PTT Public Company Limited – slide 9
    Net Income Performance: 2012 vs 2011 Overview Performance 2013 Outlook Unit : MMUSD 2% 3,542 3,489 Crude intake increase 1% 448 Refinery 295 Avg. GIM decrease 32%, mainly from stock loss Sales vol. increase 8% Petrochem 627…
  10. Asian 2013 Investment Conference – PTT Public Company Limited – slide 10
    Contents Overview Performance 2013 Outlook Overview Performance 2013 Outlook 9
  11. Asian 2013 Investment Conference – PTT Public Company Limited – slide 11
    Exploration & Production Performance : PTTEP (65.29%) Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Product Prices Net Income (100%) 2% 1% Unit: MMUSD 26% 99.35 101.81 102.23 103.27 Liquid…
  12. Asian 2013 Investment Conference – PTT Public Company Limited – slide 12
    Exploration & Production Roadmap : PTTEP Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Target Sales Volume Reserves and Resources Unit: KBOED Unit: MMBOE 3,986 73% International 1,786 10%…
  13. Asian 2013 Investment Conference – PTT Public Company Limited – slide 13
    Gas Business Performance : Natural Gas Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others NG Sales Volume GSP - Reference Product Prices Unit: MMSCFD Unit : USD/Ton 4,746 AVG. 4,611 1,443 1,462 1,585 PP…
  14. Asian 2013 Investment Conference – PTT Public Company Limited – slide 14
    Gas Business Performance Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Gas BU EBITDA NGV EBIT Unit: MMUSD Unit: MMUSD 16% Q3/12 Q4/12 2011 2012 2,073 1,742 -168 Others (9%) -175 -352 23% GSP…
  15. Asian 2013 Investment Conference – PTT Public Company Limited – slide 15
    Gas Business Roadmap Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Unit : MMSCFD 6,000 5% 7% NGV 6% 17% Industry 14% 4,000 19% GSP 21% Power 2,000 57% - EGAT 59% - IPP - SPP 0 2012 2013…
  16. Asian 2013 Investment Conference – PTT Public Company Limited – slide 16
    Oil Business Performance : PTT Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Contribution Margin* Oil BU - EBITDA Unit: MMUSD Unit : THB/Liter 17% 515 15% 15% 441 10% 0.84 0.86 453 Oil 0.73…
  17. Asian 2013 Investment Conference – PTT Public Company Limited – slide 17
    Oil Business Development Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others PTT Innovation Growing PTT brand internationally Smart Fuel-up Technology Regional Top Brand in ASEAN PTT life Station…
  18. Asian 2013 Investment Conference – PTT Public Company Limited – slide 18
    International Trading Business Performance : PTT Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Contribution Margin* Trading BU - EBITDA* Unit: MMUSD Unit :THB/Liter 166% 40% 29% 0.10 200 0.08…
  19. Asian 2013 Investment Conference – PTT Public Company Limited – slide 19
    International Trading Business: Roadmap Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Australia S.Africa USA Shanghai Japan BKK Singapore Dubai Guangzhou Jakarta Korea London Genve India…
  20. Asian 2013 Investment Conference – PTT Public Company Limited – slide 20
    Refining Business Performance Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others GRM/GIM Net Income (100%) Unit : USD/BBL 109 Unit: MMUSD 108 Dubai 106 106 43% 32% 37% A/C GIM 10.80 9.40 6.41 6.12…
  21. Asian 2013 Investment Conference – PTT Public Company Limited – slide 21
    Refinery Project Update Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others PXMax Upgrading PX 38 KTA & BZ 82 KTA COD: Sep 2012 Solvent Expansion (SAKC) Increase capacity from 76 to 180 KTA Expected…
  22. Asian 2013 Investment Conference – PTT Public Company Limited – slide 22
    Petrochemical Business Performance Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Spread Margins Net Income (100%) Unit : USD/Ton Unit: MMUSD HDPE-Naphtha PX-Naphtha 1% 20% 9% 1,241 1,257 4% 2%…
  23. Asian 2013 Investment Conference – PTT Public Company Limited – slide 23
    Petrochemical Project Update Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Debottleneck - PTTPE Cracker & Polymer Plants Under study plant configurations Expecting additional capacity of 15-20%…
  24. Asian 2013 Investment Conference – PTT Public Company Limited – slide 24
    Other Businesses : Coal - SAR (93.63%) Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Avg. Selling Price & Cash cost Net Income (100%) Unit : USD/Ton Unit : MMUSD 190.3 43% 7% 7% 93 84 87 Selling…
  25. Asian 2013 Investment Conference – PTT Public Company Limited – slide 25
    Other Businesses : Power GPSC (30.10%) PTT is to streamline PTT Group Power Business Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others PTTUT + IPT = Global Power Synergy Company GPSC Capacity…
  26. Asian 2013 Investment Conference – PTT Public Company Limited – slide 26
    Other Businesses : Power GPSC (30.10%) Oversea Opportunities Overview Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Myanmar Invest in hydro and coal-fired power plant in order to transmit power back to…
  27. Asian 2013 Investment Conference – PTT Public Company Limited – slide 27
    PTT Consolidated Performance: 2012 Overview Performance 2013 Outlook Dubai (USD/BBL) 109 2012 106 Others PTTEP 4% Unit : MMUSD 7% 15% PTT - Gas 16% Revenue 93,128 80,938 73% Revenue PTT - Oil & Trading Others 2011 2012…
  28. Asian 2013 Investment Conference – PTT Public Company Limited – slide 28
    Statement of Financial Position : Solid and Secured Overview Performance 2013 Outlook Increased assets : Unit: MMUSD 4th Onshore pipeline Offshore compressor PTTEP Australasia Myanmar Zawtika Strong Financial Position Bongkot…
  29. Asian 2013 Investment Conference – PTT Public Company Limited – slide 29
    Dividend Policy & Historical Payments PTT is firmly committed to pay dividend at no less than 25% of net income Overview Performance 2013 Outlook 1.80 43.6% 40.4% 32.4% 32.6% 29.8% 30.1% 30.3% 30.8% 33.0% 34.7% 34.9% 35.5%…
  30. Asian 2013 Investment Conference – PTT Public Company Limited – slide 30
    Contents Overview Performance 2013 Outlook Overview Performance 2013 Outlook 29
  31. Asian 2013 Investment Conference – PTT Public Company Limited – slide 31
    Economic Outlook : Challenges ahead Overview Performance 2013 Outlook Gradual economic growth but Fiscal Cliff concern weight down Fiscal risk is not over even though the debt ceiling battle has been suspended Eurozone economy…
  32. Asian 2013 Investment Conference – PTT Public Company Limited – slide 32
    Market Outlook : Crude Oil Overview Performance 2013 Outlook Monthly Avg. Dubai Crude Oil Dubai PRISM (PTT Group) Forecast 122.5 116.2 117.3 111.2 111.73 109.8 108.6 109.80108.23 107.3 106.3 107.3 106.3 107.6 106.35 106.08…
  33. Asian 2013 Investment Conference – PTT Public Company Limited – slide 33
    Market Outlook : GRM Overview Performance 2013 Outlook Forecast 25.00 20.00 GO 15.00 Mogas 10.00 5.00 0.00 FO -5.00 -10.00 -15.00 Singapore GRM in 2013 is estimated to around 6-7 USD/BBL Refineries turnaround…
  34. Asian 2013 Investment Conference – PTT Public Company Limited – slide 34
    Market Outlook : Petrochemical Highlights Performance 2013 Outlook Unit :USD/ton Olefins Aromatics Y2013 Y2013 2000 2000 1800 1800 PX 1600 PP 1600 1400 1400 BZ HDPE 1200 1200 1000 1000 800 Naphtha 800 Naphtha 600 600 400…
  35. Asian 2013 Investment Conference – PTT Public Company Limited – slide 35
    PTT: CAPEX (PTT and Wholly Owned Subsidiaries) PTT plans to invest Bt 366bn (12bn) during 2013-2017 Highlights Performance 2013 Outlook Unit: MMUSD CAPEX Breakdown : 5 Years By Business Unit Investment in Joint Venture and its…
  36. Asian 2013 Investment Conference – PTT Public Company Limited – slide 36
    PTT Group CAPEX 2013 2017 USD 37 Bn Overview Performance 2013 Outlook Biochemical Specialty R & D 2% P&R** 24% Thailand 56% PTTEP 41% SE Asia 21% North America 16% Australasia 4% Others opportunistic ME & Africa 3% Coal…
  37. Asian 2013 Investment Conference – PTT Public Company Limited – slide 37
    PTT Group Performance : 2012 Performance 100% % share Equity Method % PTT Unit : MMUSD 2011 2012 YoY 2011 2012 YoY PTT Net operating Income 1,575 1,508 -4% 1,575 1,508 -4% E&P - PTTEP 1,492 1,911 28% 65.29% 1,019 1,206 18% Petro.…
  38. Asian 2013 Investment Conference – PTT Public Company Limited – slide 38
    PTT Consolidated Performance: Q4/2012 Dubai (USD/BBL) 108 Q4/2012 106 Others PTTEP 4% Unit : MMUSD 7% PTT - Gas 7% 17% Revenue 24,430 22,868 72% Revenue PTT - Oil & Trading Others Q3/12 Q4/12 PTT - Oil & Trading 5% 3%…
  39. Asian 2013 Investment Conference – PTT Public Company Limited – slide 39
    PTT Group Performance : Q4/2012 Performance 100% % share Equity Method % PTT Unit : MMUSD Q4/11 Q4/12 YoY Q4/11 Q4/12 YoY PTT Net operating Income 254 262 3% 253 261 3% E&P - PTTEP 505 459 -9% 65.29% 348 284 -18% Petro. Business…
  40. Asian 2013 Investment Conference – PTT Public Company Limited – slide 40
    Statements of Consolidated Cash Flows for Year 2012 & 2011 Unit : MMUSD 2011 2012 2011 2012 Operating 5,910 5,914 Investing -5,342 -6,019 Net Income 3,542 3,489 CAPEX(PP&E, Intangible asset) -3,748 -3,888 Changes in assets &…
  41. Asian 2013 Investment Conference – PTT Public Company Limited – slide 41
    Statements of Cash Flows for Year 2012 & 2011 (PTT Only) Unit : MMUSD 2011 2012 2011 2012 Operating 2,421 2,045 Investing -509 -2,239 2,448 2,490 CAPEX (PP&E, Intangible Net Income -828 -682 asset) Changes in assets & liabilities…
  42. Asian 2013 Investment Conference – PTT Public Company Limited – slide 42
    Debt Profile : Control Cost & Manage Risk Managed debt according to financial risk and policy Debt Portfolio Unit : MMUSD PTT Only Consolidated : Cost of debts 4.86 % : Cost of debts 4.56 % : % fixed-rate 94 % : % fixed-rate 85…
  43. Asian 2013 Investment Conference – PTT Public Company Limited – slide 43
    Thailands projected energy demand Commercial Primary Energy Consumption KBD 4,000 3,533 3,079 3,500 Nuclear 1% 4% 2,649 4% 3,000 14% 14% 2,218 3% 2,500 Hydro/Import 13% 1,841 16% 17% 3% Renewable 2,000 12% 16% 2%…
  44. Asian 2013 Investment Conference – PTT Public Company Limited – slide 44
    Natural Gas : Strong and Increasing Demand over Long Term Natural gas is a fuel of choice for power producers and transportation industry Gas demand forecast (CAGR during 2013-2030) : Total 2% : Power 2% : GSP 0% : Industry 3%…
  45. Asian 2013 Investment Conference – PTT Public Company Limited – slide 45
    Data as of 31 Dec 2012 Petrochemicals & E&P and Gas Business Group Oil Business Group Refining Business Group Subsidiaries Consolidate Subsidiaries Consolidate Petrochemical Subsidiaries Consolidate PTT Exploration & Production Plc.…
  46. Asian 2013 Investment Conference – PTT Public Company Limited – slide 46
    Natural Gas Price Structure : Jan Dec 2012 Gas prices are mostly agreed under long-term contracts and volatility pass-through to ensure stable returns. Sales Price Structure Customers1 Gas Pool Price + Supply Margins + Pipeline…
  47. Asian 2013 Investment Conference – PTT Public Company Limited – slide 47
    Gas Business Generates Stable Returns Highlights Gas transmission pipeline capacity Sole owner and operator of entire gas transmission pipelines in Thailand (3,635 km), a regulated business Phu Hom Supply & marketing of…
  48. Asian 2013 Investment Conference – PTT Public Company Limited – slide 48
    2012 Accolades PTT is widely recognized among business communities both international and local 167th in 2012 DJSI Member 95th in 2012 171th in 2011 2012-2013 128th in 2011 196th in 2010 155th in 2010 Platts Top 250 Asian…

From the store

Browse maps, data & reports in the Shale Experts store