PTT Group Financial and Strategic Insights
E&P Performance
QoQ: Improved performance due to higher selling prices & sales volume as well as lower DD&A
2021 VS 2020: Strengthen performance due to higher sales volume, selling prices, and extra gain on bargain purchase of Block 61
Product Prices
Sales Volume
KBOED
ptt
Liquid
($/BBL)
QoQi
10%
76.17
69.16
42.61
44.25
46.87
41.55
6%i
1% QoQ
10% YoY
18%
66.70
421
61%
417
416
381
I
354
117
123
119 Liquid
12%
132
118
Weighted
43.49
I
Avg.
I
38.92
36.85
($/BOE)
300
298
6.27
5.69
249
Gas
1%'
9%
297 Gas
236
($/MMBTU)
5.81
5.63
5.76
I
I
4Q20
3Q21
4Q21
4Q20
3Q21
4Q21
2020
2021
2020
2021
Net Income (100%)
MMUSD
1,211
10% QoQ
68%
>100% YoY!
I
720
1,479
NI
Recurring
QoQA
૨૦૨
+ Recurring NI: increased due to higher selling prices & sales volume,
and lower DD&A
Non-recurring mainly from impairment loss on Mozambique Area 1
and Yetagun Project
2021 VS 2020
+ Recurring NI : significantly improved from higher sales volume & selling
prices with lower unit cost
Non-recurring primarily from higher loss on oil price hedging and
321
292
781
81
513
335
168
(87)
(43)
(61)
(192)
4Q20
3Q21
4Q21
2020
Non-
(268) recurring*
2021
-
* Includes Gain/(Loss) on FX, Deferred tax from Functional currency, Current Tax from FX
Revaluation, Gain/(Loss) from Financial Instruments, Impairment loss on assets and etc.
impairment offset with gain on bargain purchase of Block 61
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