Thai Oil warns of fake vendor registrations for Thai Oil stock
Published on 10/13/2026 at 05:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Thai Oil warned on October 5, 2026 about fake vendor registrations using its name.
- First-quarter 2026 revenue was THB 114,809 million, with EBITDA of THB 31,641 million.
- The last Lang & Schwarz indication was EUR 1.89 on October 12, 2026 at 10:57 p.m. CEST.
- Thai Oil operates an integrated refinery with capacity of 275,000 barrels per day.
Thai Oil warned on October 5, 2026 about fake vendor registrations using its name, while first-quarter 2026 revenue reached THB 114,809 million. The company said the warning concerned claims made in its name, making governance and counterparty checks the immediate issue for Thai Oil stock.
What does the warning mean for margins?
The notice does not change the operating figures reported for the first quarter of 2026. According to Thai Oil, revenue was THB 114,809 million, EBITDA was THB 31,641 million and net profit was THB 19,481 million.
The comparison is material because EBITDA represented 27.56 percent of revenue, calculated from the two figures reported for the first quarter. Net profit represented 16.97 percent of revenue, giving investors a dated operating reference while the company handles the vendor-registration warning.
Three dated company signals
On October 5, 2026, Thai Oil issued the vendor-registration warning. On September 22, 2026, the company announced board and committee changes taking effect on October 1, 2026. On August 14, 2026, Thai Oil published results for the second quarter and first half ended June 30, 2026, according to Thai Oil.
Scale remains the operating anchor
Thai Oil's integrated refinery has capacity of 275,000 barrels per day, compared with its original 35,000-barrel-per-day capacity, according to Thai Oil. The group also operates petrochemical and power businesses, so refining margins are only one part of the earnings picture.
Investing.com lists November 11, 2026 as the next earnings date for Thai Oil, giving the market a scheduled checkpoint after the first-half reporting period.
The latest euro indication
The last available Lang & Schwarz indication stood at EUR 1.89 on October 12, 2026 at 10:57 p.m. CEST. Thai Oil's primary-market quote was THB 71.00 on the Thailand Stock Exchange on October 12, 2026 at 4:36 p.m. ICT, while market capitalization was THB 158.6 billion and the 52-week range was THB 33.00 to THB 79.00.
Thai Oil stock facts
- Company: Thai Oil Public Company Limited
- Ticker: TOP
- Primary exchange: Stock Exchange of Thailand
- Last Lang & Schwarz price: EUR 1.89 (as of October 12, 2026, 10:57 p.m. CEST)
- Market capitalization: THB 158.6 billion (as of October 12, 2026)
- 52-week range: THB 33.00-79.00 (as of October 12, 2026)
- Sector / Industry: Energy / Oil & Gas Refining & Marketing
- Next earnings date: November 11, 2026
Market context: Latest market reports.
