PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment is involved in marketing of refined products and trading business. The Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and sale of natural gas. As of December 31, 2020, the company had a total length of 31,151 km, including 22,555 km of natural gas pipelines, 7,190 km of crude oil pipelines, and 1,406 km of refined product pipelines. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.
IPO Year:
Exchange: NYSE
Website: petrochina.com.cn
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/9/2024 | Outperform → Mkt Perform | Bernstein | |
| 4/11/2023 | Hold → Buy | HSBC Securities | |
| 8/25/2022 | Sell → Buy | Citigroup | |
| 1/4/2022 | Neutral → Sell | Citigroup | |
| 11/30/2021 | Underweight → Overweight | JP Morgan | |
| 9/28/2021 | Outperform → Mkt Perform | Bernstein | |
| 8/27/2021 | Buy → Hold | HSBC Securities | |
| 6/29/2021 | Buy → Neutral | UBS |
BEIJING, CHINA / ACCESSWIRE / August 25, 2022 / PetroChina Company Limited ["PetroChina" or the "Company", (SEHK:0857)(NYSE:PTR)(SSE:601857)] announced that the Company delivered record first half operating performance in 1H2022, underpinned by solid progress in production and operation, sustained efforts in promoting high quality development, as well as smooth and efficient operation of its oil and gas industrial chains.According to IFRS, the Company achieved a revenue of RMB 1.6 trillion in 1H 2022, and a net profit attributable to owners of the Company of RMB 82.39 billion. Meanwhile, it kept a sound financial position with debt-to-capital ratio decreased by 1.2 percentage points from the
BEIJING, CHINA / ACCESSWIRE / August 12, 2022 / PetroChina Company Limited(the "Company") ((HKSE stock code 0857, NYSE:PTR, SSE stock code 601857)) today announced that it has notified the New York Stock Exchange (the "NYSE") on 12 August 2022 (Eastern Timein the U.S.) that it will apply for a voluntary delisting of its American Depositary Shares ("ADSs") from the NYSE pursuant to the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act") and relevant rules.In 2000, the Company completed an offering of 17,582,418,000 H shares of the Company (the "H Shares") and became listed on The Stock Exchange of Hong Kong Limited (the "HKSE") and the NYSE, whereby, ADSs representing 23.5%
NEW YORK, NY / ACCESSWIRE / April 29, 2022 / PetroChina Company Limited ("PetroChina" or the "Company", (SEHK:0857)(NYSE:PTR)(SSE:601857) announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021with the United States Securities and Exchange Commission (the "SEC"), which includes its audited financial statements.The report can be accessed through SEC's website www.sec.gov and the Company's website www.petrochina.com.cn. A soft copy of the report in pdf format is available for download through the Company's website. Upon request by a shareholder, the Company will deliver a hard copy of the report free of charge within a reasonable time.To req
BEIJING, CHINA / ACCESSWIRE / April 29. 2022 / PetroChina Company Limited ((", PetroChina", or ", the Company", , HKSE:00857, NYSE:PTR, SSE:601857)) announced today that in the first quarter of 2022, the Company placed stable development as top priority and achieved a steady increase in its operating results while maintaining smooth and efficient operation in its oil and gas industrial chains. Through integration of production and operation, market supply, technological innovation, management enhancement, safety and environmental protection, and epidemic prevention and control, the Company had consistently accelerated green and low-carbon transformation, improved quality and efficiency, and
BEIJING, CHINA / ACCESSWIRE / March 31, 2022 / PetroChina Company Limited (PetroChina" or "the Company", (HKSE:00857)(NYSE:PTR)(SSE:601857) announced that in 2021, the Company made solid progress in a number of areas including its production and operation, reform and innovation, quality and efficiency, safety and environmental protection and epidemic prevention. Both oil and gas industrial chains operated smoothly and efficiently. Green and low-carbon transition continued to accelerate. The Company reached new milestones across its major production indicators and operating results.Results ReviewMajor operating results reached historical high. In 2021, The Company vigorously strengthened mark
BEIJING, April 29, 2021 /PRNewswire/ -- PetroChina Company Limited ("PetroChina" or the "Company", SEHK stock code 0857; NYSE symbol PTR; SSE stock code 601857) announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the United States Securities and Exchange Commission (the "SEC"), which includes its audited financial statements. The report can be accessed through SEC's website www.sec.gov and the Company's website www.petrochina.com.cn. A soft copy of the report in pdf format is available for download through the Company's website. Upon request by a shareholder, the Company will deliver a hard copy of the report free of charge with
BEIJING, CHINA / ACCESSWIRE / August 25, 2022 / PetroChina Company Limited ["PetroChina" or the "Company", (SEHK:0857)(NYSE:PTR)(SSE:601857)] announced that the Company delivered record first half operating performance in 1H2022, underpinned by solid progress in production and operation, sustained efforts in promoting high quality development, as well as smooth and efficient operation of its oil and gas industrial chains.According to IFRS, the Company achieved a revenue of RMB 1.6 trillion in 1H 2022, and a net profit attributable to owners of the Company of RMB 82.39 billion. Meanwhile, it kept a sound financial position with debt-to-capital ratio decreased by 1.2 percentage points from the
15F-12B - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
6-K - PETROCHINA CO LTD (0001108329) (Filer)
Bernstein downgraded PetroChina from Outperform to Mkt Perform
HSBC Securities upgraded PetroChina from Hold to Buy
Citigroup upgraded PetroChina from Sell to Buy
Citigroup downgraded PetroChina from Neutral to Sell
JP Morgan upgraded PetroChina Co from Underweight to Overweight
Bernstein downgraded PetroChina from Outperform to Mkt Perform
HSBC Securities downgraded PetroChina from Buy to Hold
UBS downgraded PetroChina from Buy to Neutral
JP Morgan upgraded PetroChina from Neutral to Overweight
JP Morgan upgraded PetroChina from Underweight to Neutral
Chinese oil giant PetroChina Company Ltd (NYSE: PTR) has posted record profits in the first half of 2022, led by an increase in oil output coupled with a price rise in the commodity over geopolitical tensions. The Print: PetroChina's first-half profit came in at 82.39 billion yuan ($12 billion) on revenue of 1.6 trillion yuan. Basic earnings per share stood at 0.45 yuan. Dividend: The board of directors proposed an interim dividend of 0.20258 yuan per share, with the total dividend payment amounting to 37.08 billion yuan, PetroChina said. Output: In the first half, PetroChina achieved 14 major discoveries and 30 strategic breakthroughs in exploration and production operation, and realize
CNBC Former Meta Employee And Mark Zuckerberg’s Sister Emphasizes On Evolution Of Web3, Metaverse For Higher Adoption Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg’s sister Randi Zuckerberg did not see a smooth and “complete decentralization” of Web3 while speaking at the Global Supertrends Conference 2022, CNBC reports. Web3 refers to a system where users rather than companies own services and data. The former Meta executive saw Web3 as a hypothetical, future version of the internet based on blockchain technology, terming it as an “ideal utopia.” However, she did not see that happening, but chaos instead. The founder and CEO of Zuckerberg Media saw that various metaverses
PetroChina Company Limited (NYSE:PTR) is reportedly considering its marketing and trading business and seeking a separate listing. According to the annual report, the marketing division comprises refined products, including overseas, as well as crude oil, natural gas, and chemical products. It also includes some non-oil sales in PetroChina’s gas stations throughout the country, the report said. The business employed more than 37,000 people. Bloomberg reported that China National Petroleum Corp, the state-owned parent of PetroChina, has asked external consultants to provide proposals on the feasibility of such a plan, citing people with knowledge of the matter. According to the report,
Hong Kong’s stock exchange is projected to post its fifth straight decline in quarterly profits as trading volumes slide and IPOs slow down, reported Bloomberg. The Hong Kong Exchanges & Clearing Ltd. (HKEX) is expected to report a 9% decline in net profit to HK$2.52 billion ($322 million) in the second quarter, as per a survey of six analysts compiled by Bloomberg. Revenue is expected to fall 2% from a year earlier to HK$4.46 billion, it said. Also Read: Alibaba Gains, EV Stocks Lose Shine: Hong Kong Traders Keenly Await Tencent Earnings What Happened: HKEX has taken a hit due to declining markets and continuing tight COVID-19-related restrictions in the city at a time when more mainland
On Monday, 31 companies hit new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was PetroChina Co (NYSE:PTR). SciSparc (NASDAQ:SPRC) is the smallest company on a market cap basis to set a new 52-week low. Nocera (NASDAQ:NCRA)'s stock dropped the most, trading down 15.92% to reach a new 52-week low. Orion Energy Sys (NASDAQ:OESX)'s shares had the biggest turnaround, impressively rebounding 0.3% after reaching a new 52-week low. Stocks dropping to new 52-week lows on Monday: GSK (NYSE:GSK) shares were down 4.07% for the day, having made a 52-week low of $34.43. TTEC Holdings (NASDAQ:TTEC) shares set
Analysts believe that China's state-controlled airlines will be the next probable group to leave the U.S. stock exchanges, maybe followed by technology giants, writes Bloomberg. The decision by five Chinese state-owned enterprises to leave U.S. stock markets raises doubts about whether authorities in both countries can agree on disclosure regulations. Beijing officials cite national security and secrecy issues as their justifications for not allowing U.S. Public Company Accounting Oversight Board inspections in China and Hong Kong. U.S. lawmakers are considering pushing a bill to forward the 2024 delisting deadline to next year for non-compliant corporations. China Eastern Airlines Cor
On Friday, 39 companies reached new 52-week lows. Interesting Facts About Today's 52-Week Lows: PetroChina Co (NYSE:PTR) was the biggest company by market cap to set a new 52-week low. SciSparc (NASDAQ:SPRC) was the smallest company by market cap to set a new 52-week low. CS Disco (NYSE:LAW) shares traded down 52.66% to reach its 52-week low, making it the biggest loser. TTEC Holdings (NASDAQ:TTEC) shares were the most resilient of the group, as shares actually moved up 0.45% in response to hitting its 52-week low. Here are all the stocks that set new 52-week lows on Friday: Lufax Holding (NYSE:LU) shares hit a yearly low of $3.91. The stock was down 7.13% on the session. Qui