PTTEP Stock Declines 4.5% Amid Trading Volume Surge
What happened
PTTEP Exploration and Production Public Company Limited dropped 4.5% during trading on Thursday. The company traded as low as $8.80, a decline of 78% from the average session volume of 613 shares. PTT Exploration and Production Public Company Limited is a Thailand-based upstream energy company focused on the exploration, development, and production of petroleum resources.
From dailypolitical.com
Why it matters
As a subsidiary of PTT Public Company Limited, the company's operations are centered on finding and producing crude oil, condensate, and natural gas for both domestic and international energy markets. The company operates through oil and gas projects in Thailand and selected overseas markets.
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Who's involved
- PTT Exploration and Production Public Company LimitedThailand-based upstream energy company engaged in petroleum production
- PTT Public Company LimitedParent company of PTT Exploration and Production Public Company Limited
Keep exploring
The entities involved
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PTT Exploration and Production Public Company Limited
Thai petroleum company
Nothing else this week.
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Thailand
country in Southeast Asia
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PTT Public Company Limited
petroleum organization in Thailand
Related events
- Thai Oil, a leading company in Thailand, is listed on the Stock Exchange and is confirmed as a core subsidiary of PTT.
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- Cabinet granted executive approval for asset transfer involving PTT Exploration and Production in Thailand.
- Airports of Thailand Public Company Limited, which manages major international airports in Thailand, was mentioned in a recent article.