Skip to main content FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited Investor Presentation | Shale Experts
Loading...
Pm

FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited

PTT Public Company Limited · Mar 1, 2013 · 44 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. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 1
    Analyst Meeting FY2012
  2. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 2
    Contents Highlights Performance 2013 Outlook Highlights Performance 2013 Outlook 1
  3. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 3
    Highlights Highlights Performance 2013 Outlook Operation Gas sales volume surged 9% YoY, peak at AVG. 4,746 MMSCFD in Q4 Record high of oil sales volume at 23,035 Million liters Better PTTEPs performance as increased in sales volume…
  4. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 4
    Highlights (Cont.) Highlights Performance 2013 Outlook Thailand Energy Academy Sustainability Rayong Institute of Science and Technology & Rayong Science Academy Trading Academy Reforestation Program BCP restarted solar project…
  5. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 5
    Price Movement Highlights Performance 2013 Outlook 2011 2012 150 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 50 130.0 45 Dubai 120 112.3 crude 106.3 40 94.1 (/BBL) 104.8 93.1 35 Coal 90 31.52 (/Ton) 30 30.63 60 25 FX (THB/USD) 30.63…
  6. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 6
    Net Income Performance: 2012 vs 2011 Highlights Performance 2013 Outlook Unit : MMTHB 2% 106,260 104,666 Crude intake increase 1% 13,445 Refinery 8,865 Avg. GIM decrease 32%, mainly from stock loss 18,824 Sales vol. increase…
  7. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 7
    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…
  8. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 8
    Contents Highlights Performance 2013 Outlook Highlights Performance 2013 Outlook 7
  9. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 9
    Exploration & Production Performance : PTTEP (65.29%) Highlights 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…
  10. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 10
    Exploration & Production Roadmap : PTTEP Highlights 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%…
  11. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 11
    Gas Business Performance : Natural Gas Highlights 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. 1,443 1,462 1,585 PP…
  12. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 12
    Gas Business Performance Highlights Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Gas BU EBITDA NGV EBIT Unit: MMTHB Unit : MMTHB 16% Q3/12 Q4/12 2011 2012 62,195 52,266 -5,052 Others (9%) -5,240…
  13. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 13
    Gas Business Roadmap Highlights 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…
  14. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 14
    Oil Business Performance : PTT Highlights Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Contribution Margin* Oil BU - EBITDA Unit : THB/Liter Unit : MMTHB 17% 15,443 15% 15% 13,224 0.86 10% 13,603 0.84…
  15. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 15
    Oil Business Development Highlights 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…
  16. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 16
    International Trading Business Performance : PTT Highlights Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Contribution Margin* Trading BU - EBITDA* Unit :THB/Liter Unit : MMTHB 166% 40% 29% 0.10 5,997…
  17. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 17
    International Trading Business: Roadmap Highlights 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…
  18. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 18
    Refining Business Performance Highlights Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others GRM/GIM Net Income (100%) Unit : USD/BBL 109 Unit : MMTHB 108 Dubai 106 106 43% 32% 78% 37% A/C GIM 10.80 9.40 6.41…
  19. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 19
    Refinery Project Update Highlights 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…
  20. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 20
    Petrochemical Business Performance Highlights Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others Spread Margins Net Income (100%) Unit : USD/Ton Unit : MMTHB HDPE-Naphtha PX-Naphtha 1% 20% 9% 37,217 37,719…
  21. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 21
    Petrochemical Project Update Highlights 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%…
  22. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 22
    Other Businesses : Coal - SAR (93.63%) Highlights 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…
  23. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 23
    Other Businesses : Power GPSC (30.10%) PTT is to streamline PTT Group Power Business Highlights Performance 2013 Outlook E&P Gas Oil & Trading Refining PetChem Others PTTUT + IPT = Global Power Synergy Company GPSC Capacity…
  24. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 24
    Other Businesses : Power GPSC (30.10%) Oversea Opportunities Highlights 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…
  25. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 25
    PTT Consolidated Performance: 2012 Highlights Performance 2013 Outlook Dubai (USD/BBL) 109 2012 106 Others PTTEP 4% Unit : MMTHB 7% 15% PTT - Gas 16% Revenue 2,793,833 2,428,126 73% Revenue PTT - Oil & Trading Others 2011…
  26. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 26
    Statement of Financial Position : Solid and Secured Highlights Performance 2013 Outlook Increased assets : Unit: MMTHB 4th Onshore pipeline Offshore compressor PTTEP Australasia Myanmar Zawtika Strong Financial Position Bongkot…
  27. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 27
    Dividend Policy & Historical Payments PTT is firmly committed to pay dividend at no less than 25% of net income Highlights Performance 2013 Outlook 43.6% 40.4% 32.4% 32.6% 29.8% 30.1% 30.3% 30.8% 33.0% 34.7% 34.9% 35.5% Dividend…
  28. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 28
    Contents Highlights Performance 2013 Outlook Highlights Performance 2013 Outlook 27
  29. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 29
    Economic Outlook : Challenges ahead Highlights 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…
  30. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 30
    Market Outlook : Crude Oil Highlights 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…
  31. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 31
    Market Outlook : Henry Hub Natural Gas Price Highlights Performance 2013 Outlook USD/MMBTU 9 95% NYXEM Future upper confidence Interval 8 7 6 5 NYMEX Futures Price 4 STEO Forecast Price 3 2 95% NYXEM Future lower…
  32. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 32
    Market Outlook : GRM Highlights 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…
  33. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 33
    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…
  34. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 34
    PTT: CAPEX (PTT and Wholly Owned Subsidiaries) PTT plans to invest Bt 366bn (12bn) during 2013-2017 Highlights Performance 2013 Outlook CAPEX Breakdown : 5 Years Unit: MMTHB Investment in Joint Venture and its subsidiaries By…
  35. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 35
    PTT Group CAPEX 2013 2017 THB 1 Trillion* Highlights Performance 2013 Outlook Biochemical Specialty R & D 2% P&R** 25% Thailand 56% PTTEP 43% SE Asia 21% North America 16% Australasia 4% ME & Africa 3% Coal Other…
  36. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 36
    PTT Group Performance : 2012 Performance 100% % share Equity Method % PTT Unit : MMTHB 2011 2012 YoY 2011 2012 YoY PTT Net operating Income 47,246 45,229 -4% 47,246 45,229 -4% E&P - PTTEP 44,749 57,316 28% 65.29% 30,558 36,168 18%…
  37. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 37
    PTT Consolidated Performance: Q4/2012 Dubai (USD/BBL) 108 Q4/2012 106 Others PTTEP 4% Unit : MMTHB 7% PTT - Gas 7% 17% Revenue 732,886 686,025 72% Revenue PTT - Oil & Trading Others Q3/12 Q4/12 PTT - Oil & Trading 5%…
  38. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 38
    PTT Group Performance : Q4/2012 Performance 100% % share Equity Method % PTT Unit : MMTHB Q4/11 Q4/12 YoY Q4/11 Q4/12 YoY PTT Net operating Income 7,612 7,845 3% 7,612 7,845 3% E&P - PTTEP 15,150 13,768 -9% 65.29% 10,435 8,521…
  39. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 39
    Statements of Consolidated Cash Flows for Year 2012 & 2011 2011 2012 2011 2012 Operating 177,286 177,401 Investing -160,281 -180,576 Net Income 106,260 104,666 CAPEX(PP&E, Intangible asset) -112,448 -116,649 Changes in assets &…
  40. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 40
    Statements of Cash Flows for Year 2012 & 2011 (PTT Only) 2011 2012 2011 2012 Operating 72,632 61,345 Investing -15,270 -67,176 73,434 74,697 CAPEX (PP&E, Intangible Net Income -24,842 -20,460 asset) Changes in assets & liabilities…
  41. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 41
    Debt Profile : Control Cost & Manage Risk Managed debt according to financial risk and policy Debt Portfolio Unit : MMTHB PTT Only Consolidated : Cost of debts 4.86 % : Cost of debts 4.56 % : % fixed-rate 94 % : % fixed-rate 85…
  42. FULL YEAR 2012 ANALYST MEETING – PTT Public Company Limited – slide 42
    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.…
  43. FULL YEAR 2012 ANALYST MEETING – 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. FULL YEAR 2012 ANALYST MEETING – 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%…

From the store

Browse maps, data & reports in the Shale Experts store