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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

PetroChina Company Limited (PCCYF)
PetroChina H (0857) Earnings Dates & Reports
I’m giving you the name of this investment for free
I want to help you achieve that right by accessing a new business model in America that has been unlocked by a billionaire who may end up sitting in Trump’s cabinet.
PetroChina Books Its Highest Ever Q1 Profit
PetroChina Q1 Net Profit Rises - Quick Facts
I’m giving you the name of this investment for free
I want to help you achieve that right by accessing a new business model in America that has been unlocked by a billionaire who may end up sitting in Trump’s cabinet.
See More Headlines
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Company Calendar

Today
7/17/2024
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

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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 for 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's extensive pipeline network of over 26,000 km enhances its infrastructure and distribution capabilities.
  • With the current stock price at a competitive level, there may be an opportunity for value investors to enter the market.
  • Continued focus on exploration and production of oil sands and coalbed methane positions PetroChina well in the energy sector.

Cons

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

  • The volatility in the crude petroleum and natural gas industry can impact PetroChina's financial performance and stock price.
  • Regulatory changes in the energy sector, especially in China, could affect PetroChina's operations and profitability.
  • Global economic conditions and geopolitical factors may influence the demand and prices of petroleum products, impacting PetroChina's revenue.
  • Environmental concerns and shifting consumer preferences towards renewable energy sources could pose challenges for PetroChina's traditional energy business.
  • Currency exchange rate fluctuations may impact PetroChina's international operations and financial results.
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 Tuesday, July 2, 2024. Please send any questions or comments about these PetroChina pros and cons to contact@marketbeat.com.

PTR Stock Analysis - Frequently Asked Questions

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 other companies that PetroChina investors own include Baidu (BIDU), Wells Fargo & Company (WFC), Exxon Mobil (XOM), Intel (INTC), Walmart (WMT) and AbbVie (ABBV).

This page (NYSE:PTR) was last updated on 7/18/2024 by MarketBeat.com Staff

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