Stock Analysis: Star Petroleum Refining

Company: Star Petroleum Refining Public Company Limited

Bloomberg ticker: SPRC TB

Market cap: US$782m

Background: Star Petroleum Refining Public Company Limited was founded in 1992 by Chevron South Asia Holdings and PTT PCL (PTT TB). PTT sold its last shares in SPRC in 2017. It is Thailand’s fifth-largest refinery with a total capacity of 175,000 barrels/day. It is also one of Thailand’s largest gasoline producers, accounting for a third of the country’s gasoline consumption.

World Class Benchmarking of Star Petroleum Refining

• Profitable Growth rank of 5 was up compared to the prior period’s 6th rank

• This is average performance compared to 290 large Energy companies worldwide

• Profitability rank of 8 was worse than its Growth rank of 1

• Profitability rank of 8 was the same compared to the prior period’s 8th rank

• This is below average performance compared to peers

• Growth rank of 1 was the same compared to the prior period’s 1st rank

• This is World Class performance compared to peers