Thai Energy: Follow 8 energy stocks from experienced investors

If you are looking to invest in assets that provide consistent returns, energy stocks might be a worthwhile option because the power plant industry is stable and has ongoing demand, whether during good economic times or locally, as electricity is a basic necessity.

Origin of Energy Stocks: Why Are They Interesting?

Over the past few years, the power generation business remains one of the main securities that offer adequate returns. In particular, power plant stocks are classified as “Defensive Stocks,” suitable for various types of investors, from beginners to experienced ones.

Trading in this sector depends on several key factors, such as domestic electricity demand, government energy development policies (PDP), renewable energy plans (AEDP), and long-term power purchase agreements.

Highlighting 8 Trending Energy Stocks

Let’s look at details of leading energy companies in the Thai market, along with their performance and growth opportunities:

Highlights of Each Energy Stock

GULF - The Leading Powerhouse

Gulf Energy Development is a top Thai power producer, operating comprehensively in both conventional and renewable energy sectors. Its net profit of 8,239.79 million Baht in the first half reflects strong management, with YTD up +54.49%, indicating market popularity.

BANPU - Regional Pioneer

Banpu Power has expanded to 41 projects across Asia-Pacific, representing a long-term play. Revenue exceeds 90,600 million Baht, but the stock is currently down -5.88% YTD.

BGRIM - Signing New PPA

B.Grimm Power recently signed a clean energy power purchase agreement, focusing on solar projects. This expansion could serve as a catalyst in the near future.

GPSC - The Future of Net Zero

Global Power Synergy received a 7,000 million Baht loan to advance clean energy projects. This move broadens the potential to meet the country’s Net Zero goals.

EA - Rapid Growth but Heavy Drop

Energy Absolute has a broad approach, not only producing electricity but also marketing electric vehicles and Li-ion batteries. The stock has fallen sharply by -81.36% YTD, which could be a buy-the-dip opportunity for investors believing in the energy transition.

SSP - New Player in Renewable

Siam Solar Power focuses on pure renewable energy, aiming to expand assets beyond 30,000 million Baht. The analyst target price is 8.90 Baht, up more than 50%.

CKP - The Underperformer with Potential

CK Power still records a loss of -387.05 million Baht but has attempted a +19.02% increase YTD, indicating market still sees potential.

GUNKUL - With Special Technology

Gunkul Engineering has launched a Peer-to-Peer Energy Trading platform, creating an energy marketplace. About 9-10 new products are under development.

Types of Energy Stocks: Choose What Suits You

1. Solar Power Stocks (Solar Power) Growing under the pressure to shift to clean energy, companies are increasing their solar farm and rooftop capacities.

2. Hydropower Stocks (Hydropower) Hydropower remains trusted in areas with sufficient natural water resources.

3. Natural Gas Stocks (Natural Gas) A transitional fossil fuel, serving as a bridge until renewable energy grows sufficiently.

4. Nuclear Stocks (Nuclear) No large-scale investments in Thailand yet.

5. Other Renewable Energy (Wind, Biomass, Wave) For example, wind farms are expanding.

Why Invest in Energy Stocks?

Continuous Demand Electricity is non-stop; demand increases with industrial development, making the power plant industry stable and growth-oriented.

Better Returns than Bank Deposits Energy stocks offer better returns and dividends compared to fixed deposits.

Growth Opportunities from Government Policies The government supports clean and renewable energy, opening new PPA opportunities.

Diversification of Portfolio Energy stocks are a key part of a balanced portfolio.

How to Start: Easy Entry Methods

Method 1: Thai Stock Market (SET)

• Open an account with a Thai broker (Bualuang Securities, Kasikorn Securities, etc.)
• Minimum purchase of 100 shares, e.g., GULF 100 shares @ 50 Baht = 5,000 Baht
• Use STREAMINGPRO or ASPEN for trading

Method 2: CFD via Foreign Brokers

• Profit from both rising and falling prices
• Leverage allows small capital but higher gains
• Wide range of products beyond regular stocks

Summary

Energy stocks, especially power plant stocks, suit various investors—whether seeking steady returns or long-term growth. With energy development policies like PDP and AEDP, the future of renewables looks promising.

Investing in energy stocks aligns with the long-term global trend toward clean energy, consistent returns, and sustainable future.