Thai Oil receives Investment Bank Analyst Rating Update
By Jonathan Saul, Maiya Keidan and Tom Arnold LONDON (Reuters) - Shipping companies, refineries, freight derivatives or diesel cracks? Investment funds are placing their bets as...
By Florence Tan SINGAPORE (Reuters) - Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the...
Thai Oil Public Company Limited is a Thailand-based company. The principal business operations of the Company include oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. The Company’s segments include oil refinery, lube base oil refinery, petrochemical, power generation, solvent, ethanol, olefins, and others. Its oil refinery segment consists of crude distillation units, upgrading units, and quality improvement units. The Company invests in the solvent and chemical business both in Thailand and abroad with a shareholding in Thai Oil Solvent Company Limited (TOS). It holds shares in two ethanol manufacturing companies, through Thai Oil Ethanol Co., Ltd., with a combined production capacity of over 830,000 liters/day. They are: Sapthip Company Limited (SAPTHIP), and Ubon Bio Ethanol Company Limited (UBE). Its subsidiaries include Thai Paraxylene Co., Ltd, Thai Lube Base Public Company Limited, and Thaioil Marine Co., Ltd.
|Average||62.13 (+16.68% Upside)|
|No. of Analysts||18|
|Moving Averages||Sell||Neutral||Buy||Neutral||Strong Sell|
|Technical Indicators||Strong Sell||Sell||Strong Buy||Strong Buy||Strong Sell|
|Summary||Strong Sell||Neutral||Strong Buy||Buy||Strong Sell|