China Petroleum (Sinopec) upgraded by Goldman with a new price target
$SNP
Integrated oil Companies
Energy
Goldman upgraded China Petroleum (Sinopec) from Sell to Neutral and set a new price target of $61.98 from $51.71 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/11/2023 | Reduce → Hold | HSBC Securities | |
| 1/26/2023 | Mkt Perform → Outperform | Bernstein | |
| 6/21/2022 | Neutral → Sell | Goldman |
15F-12B - CHINA PETROLEUM & CHEMICAL CORP (0001123658) (Filer)
6-K - CHINA PETROLEUM & CHEMICAL CORP (0001123658) (Filer)
6-K - CHINA PETROLEUM & CHEMICAL CORP (0001123658) (Filer)
HSBC Securities upgraded China Petroleum (Sinopec) from Reduce to Hold
Bernstein upgraded China Petroleum (Sinopec) from Mkt Perform to Outperform
Goldman downgraded China Petroleum (Sinopec) from Neutral to Sell
SC 13G/A - CHINA PETROLEUM & CHEMICAL CORP (0001123658) (Subject)
SC 13G/A - CHINA PETROLEUM & CHEMICAL CORP (0001123658) (Subject)
BEIJING, Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2024. Fiscal Year Ended June 30, 2024 Financial Highlights: Total revenue increase by approximately RMB1.7 million ($0.2 million) or 2.6% to RMB68.8 million ($9.5 million) for the year ended June 30, 2024 from RMB67.1million ($9.2 million) for the same period in 2023.Gross profit increased to RMB20.9 million ($2.9 million) for the year ended June 30, 2024, from RMB18.9 million ($2.6 million) f
BEIJING, June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue was RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022. - Gross profit decreased to RMB12.1 million ($1.7 million) for the six months ended December 31, 2023, from RMB13.1 million ($1.8 million) for the same period in 2022. - Gross mar
BEIJING, CHINA / ACCESSWIRE / March 26, 2023 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its annual results for the twelve months ended 31 December 2022.Financial HighlightsIn accordance with IFRS, the Company's revenue reached RMB 3.32 trillion, increased by 21.1% year-on-year; Profit attributable to shareholders of the Company was RMB 66.153 billion. Basic earnings per share were RMB 0.547. In accordance with ASBE, the Company's profit attributable to shareholders of the Company was RMB 66.302 billion. Basic earnings per share were RMB 0.548.In accordance with IFRS, cash and cash equivalent as at the end of 20
China Petroleum and Chemical Corporation (NYSE: SNP), or Sinopec, registered a 10.4% increase in its H1 net profit at 43.53 billion yuan ($6.3 billion), led by higher global crude and gas prices, despite domestic demand remaining sluggish. Sinopec reported revenues of 1.61 million yuan in the first half of 2022 as against 1.26 million yuan in the same period last year, according to a company statement. Also Read: Here's Why Housing Prices Could Fall By 20% In 183 Cities Across US, Including Boise, Charlotte And Austin It registered earnings per share of 0.36 yuan in the first half, rising from 0.326 yuan a year earlier. Crude Production: In the first half, Sinopec’s production of oil and
BEIJING, Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2024. Fiscal Year Ended June 30, 2024 Financial Highlights: Total revenue increase by approximately RMB1.7 million ($0.2 million) or 2.6% to RMB68.8 million ($9.5 million) for the year ended June 30, 2024 from RMB67.1million ($9.2 million) for the same period in 2023.Gross profit increased to RMB20.9 million ($2.9 million) for the year ended June 30, 2024, from RMB18.9 million ($2.6 million) f
BEIJING, June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue was RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022. - Gross profit decreased to RMB12.1 million ($1.7 million) for the six months ended December 31, 2023, from RMB13.1 million ($1.8 million) for the same period in 2022. - Gross mar
BEIJING, May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ:RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing had been determined to be moot and had been cancelled, and the Company's ordinary shares will continue to be listed and traded on The Nasdaq Capital Market. About Recon Technology, Ltd.