PTT stock reports pipeline shutdown as 1H2026 profit rises

PTT stock is tied to a temporary Songkhla Export Pipeline shutdown announced on October 1, 2026, while the energy group enters the second half of the year with 1H2026 revenue of THB 1,549.118 billion. The latest investor presentation also reports net income of THB 78.263 billion and EBITDA of THB 272.181 billion for the period.

Pipeline issue adds operating risk

As Reuters reported on October 1, 2026, Trans Thai-Malaysia, a joint venture between PTT and Petronas, temporarily shut the export pipeline after an issue was identified during a routine inspection.

Reuters said on October 1, 2026 that the shutdown was precautionary and that operations would resume after the pipeline was confirmed safe. The event matters because the system links offshore gas production in the Gulf of Thailand with processing facilities and gas markets in Thailand and Malaysia.

Profit growth sets the benchmark

According to Quartr in its September 3, 2026 summary, 1H2026 revenue rose 23 percent year over year to THB 1,549.118 billion. EBITDA increased to THB 272.181 billion, up more than 100 percent year over year, while net income reached THB 78.263 billion, an increase of 74.5 percent to 75 percent.

The earnings mix also shows why the pipeline development is relevant to the stock: gas and trading benefited from higher LNG prices and increased sales volumes, while oil and retail margins softened, according to Quartr. PTT also reported net debt to EBITDA of 1.26 times for 1H2026, giving investors a concrete balance-sheet measure alongside the profit increase.

SET quote remains below yearly high

PTT traded at THB 40.50 on the Stock Exchange of Thailand on October 1, 2026 at 12:13 p.m. ICT, down 0.61 percent from the prior close of THB 40.75. The 52-week range was THB 30.00 to THB 43.75, while market capitalization stood at THB 1.147 trillion on the same date.