Skip to Content
  • Rank93
  • Previous Rank84
  • CEO
    Pailin Chuchottaworn
  • Address
    555 Vibhavadi Rangsit Rd., Bangkok 10900
  • Websitehttp://www.pttplc.com
  • Industry
    Petroleum Refining

Political unrest closed the headquarters of Thailand’s state-controlled oil firm earlier this year, but the steep decline in oil prices is what has really caused PTT trouble. Profits dropped 44% in 2014 due to oil stock losses and an assortment of writedowns. In April 2014, PTT acquired Hess Corp’s oil and gas assets in Thailand. The company faces a challenge in meeting the energy needs of the Kingdom, where demand for oil and gas is growing rapidly.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

CEO
Pailin Chuchottaworn
Industry
Petroleum Refining
Sector
Energy
HQ Location
Bangkok, Thailand
Websitehttp://www.pttplc.com
Years on List12
Government owned 50% or more.

Key Financials (last fiscal year)

($ Millions)% change
Revenues87,299.3-5.7%
Profits1,718.3-44.2%
Assets54,094.8-
Employees25,986-

Profits as a % of

Profit as % of Revenues2%
Profits as % of Assets3.2%
Profits as % of Stockholder Equity8.1%