S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
NYSE:PTR

PetroChina (PTR) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$41.92
$48.34
52-Week Range
N/A
Volume
4,678 shs
Average Volume
217,309 shs
Market Capitalization
$85.75 billion
P/E Ratio
4.61
Dividend Yield
5.44%
Price Target
N/A
PTR stock logo

About PetroChina Stock (NYSE:PTR)

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, 2021, the company had a total length of 26,076 km, including 17,329 km of natural gas pipelines, 7,340 km of crude oil pipelines, and 1,407 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.

PTR Stock News Headlines

Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
PetroChina: Stock Continues To Be A Long-Term Buy
PetroChina Posts Record YoY Net Profit Growth
PetroChina Company Limited (0857.HK)
PetroChina International on LNG Outlook
See More Headlines
Receive PTR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PetroChina and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today
4/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude Petroleum & Natural Gas
Sub-Industry
N/A
Employees
417,173
Year Founded
1999

Profitability

Net Income
$14.29 billion
Pretax Margin
6.05%

Debt

Sales & Book Value

Annual Sales
$405.22 billion
Book Value
$119.32 per share

Miscellaneous

Outstanding Shares
1,830,210,000
Free Float
N/A
Market Cap
$85.75 billion
Optionable
Optionable
Beta
0.61

Social Links

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Yongzhang Huang (Age 55)
    Pres & Exec. Director
    Comp: $112.52k
  • Mr. Longde Sun (Age 59)
    VP & Chief Geologist
  • Mr. Jigang Yang (Age 59)
    VP & Chief Engineer
  • Mr. Fangzheng Jiao (Age 59)
    Chief Geologist & Exec. Director
  • Mr. Lixin Ren (Age 54)
    Sr. VP & Exec. Director
    Comp: $110.97k
  • Mr. Minglu Zhang (Age 58)
    Chief Safety Officer and GM of Quality, Health, Safety & Environment Department
  • Mr. Guowen Zhu (Age 55)
    VP
  • Mr. Hua Wang (Age 48)
    CFO & Company Sec.
  • Dr. Chong Xing
    Deputy Director of Investor Relations
  • Xia Hong Wei
    Chairman of Singapore Petroleum Company and Managing Director of PetroChina - Singapore

Should I Buy PetroChina Stock? PTR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PetroChina Company Limited:

  • PetroChina recently became China's second-largest company, indicating strong market presence and potential growth.
  • The company operates in various segments including Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline, providing diversified revenue streams.
  • PetroChina has a significant length of pipelines, which indicates a robust infrastructure for transportation and distribution of natural gas, crude oil, and refined products.
  • The company's involvement in the exploration, development, and production of oil sands and coalbed methane diversifies its energy portfolio.
  • Considering the current stock price and market trends, PetroChina may offer a favorable entry point for investors seeking exposure to the energy sector.

Cons

Investors should be bearish about investing in PetroChina Company Limited for these reasons:

  • Volatility in crude oil and natural gas prices can impact PetroChina's profitability, as the company is heavily involved in the exploration, production, and marketing of these commodities.
  • Regulatory changes in the energy sector, both domestically and internationally, could affect PetroChina's operations and financial performance.
  • Environmental concerns and increasing focus on sustainable energy sources may pose challenges to PetroChina's traditional petroleum-related activities.
  • Geopolitical tensions and global economic uncertainties can influence the demand for energy products, impacting PetroChina's revenue and profitability.
  • Investors should carefully monitor market conditions and industry developments to make informed decisions regarding their investment in PetroChina Company Limited.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these PetroChina pros and cons to contact@marketbeat.com.

PTR Stock Analysis - Frequently Asked Questions

Should I buy or sell PetroChina stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PetroChina in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTR, but not buy additional shares or sell existing shares.
View PTR analyst ratings
or view top-rated stocks.

Is PetroChina a good dividend stock?

PetroChina (NYSE:PTR) pays an annual dividend of $2.55 per share and currently has a dividend yield of 5.44%. PTR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PTR will have a dividend payout ratio of 25.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PTR.

What is Zhou Jiping's approval rating as PetroChina's CEO?

18 employees have rated PetroChina Chief Executive Officer Zhou Jiping on Glassdoor.com. Zhou Jiping has an approval rating of 57% among the company's employees. This puts Zhou Jiping in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of PetroChina own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PetroChina investors own include Baidu (BIDU), Wells Fargo & Company (WFC), Exxon Mobil (XOM), Intel (INTC), Walmart (WMT), AbbVie (ABBV), Alibaba Group (BABA), Bank of America (BAC) and Chevron (CVX).

This page (NYSE:PTR) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners