Five-Year Plan and Financial Outlook
Results - Net Income
Impressive recurring net income curbed by oil price hedging loss
Q2/21 on Q1/21 (QoQ)
Unit: million USD
376
222
94
349
282
Q1/21
Q2/21
-127
Recurring NI
Non recurring NI
-Net Income
6M2021 on 6M2020 (YTD)
Unit: million USD
598
409
418
631
6M2020
Recurring NI
6M2021
Non recurring NI
-33
Net Income
Recurring (+67 MMUSD or +24%)
+16%
Mainly from Oman Block 61
Sales Volume
and Sabah H
$
Average
Selling Price
+4%
Higher liquid price
Recurring (+213 MMUSD or +51%)
+20%
$
Increase from Gulf of Thailand,
Sales Volume Sabah H, and Oman Block 61
Average
Selling Price
-10%
$ Lower unit costs
ā-3%
$ Lower unit costs
Non-recurring (-221 MMUSD or ->100%)
Higher oil price hedging loss in Q2, and realization of gain from bargain
purchase offset with exploration asset write-off in Q1
Non-recurring (-24 MMUSD or ->100%)
+3%
Higher liquid price
offset with
lower gas price
Higher oil price hedging loss offset with a gain from bargain
purchase in 2021
17
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