Thai Oil stock gains 5.94 percent near its 52-week high at THB 75.75
Published on 10/06/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Thai Oil stock (Thai Oil Public Company Limited) was trading at THB 75.75 on the SET on October 6, 2026 at 4:05 p.m. ICT, up 5.94 percent from the previous close and 0.33 percent below its 52-week high of THB 76.00. The move puts the refiner close to the top of its THB 33.00 to THB 76.00 yearly range.
Second-quarter earnings set the tone
Thai Oil reported second-quarter 2026 revenue of THB 134.97 billion, compared with a forecast of THB 134.41 billion, while diluted EPS reached THB 3.71 against a forecast of THB 1.25, according to Investing.com. The revenue beat was THB 0.56 billion, while EPS exceeded the forecast by THB 2.46.
The figures cover the quarter ended June 30, 2026, and give the stock a more specific earnings anchor than the price move alone. Thai Oil's investor-relations page identifies first-quarter 2026 sales of THB 114.809 billion, EBITDA of THB 31.641 billion and net income of THB 19.481 billion, providing a prior-quarter reference for the company's operating scale through Thai Oil.
Analysts see limited upside
The analyst consensus remains Buy from 19 analysts, with an average 12-month target of THB 73.55, a high estimate of THB 94.00 and a low estimate of THB 30.00, according to Investing.com. At the October 6 price of THB 75.75, the average target was 2.9 percent below the current quote, while the high estimate was 24.1 percent above it.
The SET company profile identifies Thai Oil Public Company Limited under the ticker TOP and describes the listed issuer on Thailand's main stock exchange through The Stock Exchange of Thailand. The combination of a second-quarter earnings beat and a quote near the yearly high leaves the valuation debate centered on whether refining conditions can support the earnings improvement.
Thai Oil stock nears THB 76
Thai Oil stock was trading at THB 75.75 on the SET on October 6, 2026 at 4:05 p.m. ICT, with a market capitalization of THB 169.2 billion and volume of 28,636,815 shares. The session range was THB 72.50 to THB 76.00.
Thai Oil stock facts
- Company: Thai Oil Public Company Limited
- Ticker: TOP
- Trading venue: SET
- Price (as of October 6, 2026, 4:05 p.m. ICT): THB 75.75
- Market capitalization: THB 169.2 billion (as of October 6, 2026)
- 52-week range: THB 33.00-THB 76.00 (as of October 6, 2026)
- Sector / Industry: Energy / Oil and gas refining and marketing
