PetroChina Stock Forecast, Price & News

$48.36
+1.22 (+2.59 %)
(As of 06/23/2021 09:46 AM ET)
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Today's Range
$47.98
$48.36
50-Day Range
$34.73
$47.14
52-Week Range
$27.67
$47.25
Volume620 shs
Average Volume194,569 shs
Market Capitalization$88.51 billion
P/E Ratio9.45
Dividend Yield5.26%
Beta0.85
30 days | 90 days | 365 days | Advanced Chart
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PetroChina logo

About PetroChina

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.

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MarketRank

Overall MarketRank

1.88 out of 5 stars

Oils/Energy Sector

61st out of 689 stocks

Crude Petroleum & Natural Gas Industry

19th out of 257 stocks

Analyst Opinion: 1.6Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
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PetroChina (NYSE:PTR) Frequently Asked Questions

Is PetroChina a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PetroChina in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PetroChina stock.
View analyst ratings for PetroChina
or view top-rated stocks.

What stocks does MarketBeat like better than PetroChina?

Wall Street analysts have given PetroChina a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but PetroChina wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is PetroChina's next earnings date?

PetroChina is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for PetroChina
.

How were PetroChina's earnings last quarter?

PetroChina Company Limited (NYSE:PTR) announced its quarterly earnings results on Thursday, April, 29th. The oil and gas company reported $2.33 earnings per share for the quarter. The oil and gas company earned $85.12 billion during the quarter. PetroChina had a net margin of 3.23% and a trailing twelve-month return on equity of 4.69%.
View PetroChina's earnings history
.

How has PetroChina's stock price been impacted by COVID-19 (Coronavirus)?

PetroChina's stock was trading at $34.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PTR shares have increased by 37.0% and is now trading at $47.14.
View which stocks have been most impacted by COVID-19
.

How often does PetroChina pay dividends? What is the dividend yield for PetroChina?

PetroChina declared a semi-annual dividend on Monday, March 29th. Shareholders of record on Monday, June 21st will be paid a dividend of $1.336 per share on Monday, August 9th. This represents a yield of 4.4%. The ex-dividend date is Friday, June 18th. This is an increase from PetroChina's previous semi-annual dividend of $1.26.
View PetroChina's dividend history
.

Is PetroChina a good dividend stock?

PetroChina pays an annual dividend of $2.36 per share and currently has a dividend yield of 5.26%. PTR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. PetroChina does not yet have a strong track record of dividend growth. The dividend payout ratio of PetroChina is 162.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PetroChina will have a dividend payout ratio of 48.76% next year. This indicates that PetroChina will be able to sustain or increase its dividend.
View PetroChina's dividend history.

What price target have analysts set for PTR?

6 brokers have issued 1-year price targets for PetroChina's stock. Their forecasts range from $4.35 to $68.00. On average, they expect PetroChina's stock price to reach $36.18 in the next twelve months. This suggests that the stock has a possible downside of 23.3%.
View analysts' price targets for PetroChina
or view top-rated stocks among Wall Street analysts.

Who are PetroChina's key executives?

PetroChina's management team includes the following people:
  • Mr. Yongzhang Huang, Pres & Exec. Director (Age 54)
  • Mr. Shouping Chai, CFO & Company Sec. (Age 59)
  • Mr. Longde Sun, VP (Age 58)
  • Mr. Luguang Li, VP (Age 59)
  • Mr. Jinghui Tian, VP (Age 59)
  • Mr. Xiao Ling, VP (Age 57)
  • Mr. Jigang Yang, VP (Age 58)
  • Dr. Chong Xing, Deputy Director of Investor Relations
  • Xia Hong Wei, Chairman of Singapore Petroleum Company and Managing Director of PetroChina - Singapore
  • Wei Fang, Assistant Sec. of the Board

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

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

Who are some of PetroChina's key competitors?

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), ABB (ABB), Intel (INTC), Walmart (WMT), AbbVie (ABBV), Alibaba Group (BABA), Bank of America (BAC) and Chevron (CVX).

What is PetroChina's stock symbol?

PetroChina trades on the New York Stock Exchange (NYSE) under the ticker symbol "PTR."

Who are PetroChina's major shareholders?

PetroChina's stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.06%), Arrowstreet Capital Limited Partnership (0.03%), Dimensional Fund Advisors LP (0.02%), Millennium Management LLC (0.01%), Northern Trust Corp (0.01%) and BlackRock Inc. (0.01%).

Which major investors are selling PetroChina stock?

PTR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Bank of Montreal Can, UBS Group AG, Toroso Investments LLC, Arrowstreet Capital Limited Partnership, Barclays PLC, and BNP Paribas Arbitrage SA.

Which major investors are buying PetroChina stock?

PTR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Grantham Mayo Van Otterloo & Co. LLC, HighTower Advisors LLC, Cubist Systematic Strategies LLC, Millennium Management LLC, Zurcher Kantonalbank Zurich Cantonalbank, Cannell Peter B & Co. Inc., and Schonfeld Strategic Advisors LLC.

How do I buy shares of PetroChina?

Shares of PTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is PetroChina's stock price today?

One share of PTR stock can currently be purchased for approximately $47.14.

How much money does PetroChina make?

PetroChina has a market capitalization of $86.28 billion and generates $280.26 billion in revenue each year. The oil and gas company earns $2.75 billion in net income (profit) each year or $1.45 on an earnings per share basis.

How many employees does PetroChina have?

PetroChina employs 432,003 workers across the globe.

When was PetroChina founded?

PetroChina was founded in 1999.

What is PetroChina's official website?

The official website for PetroChina is www.petrochina.com.cn.

Where are PetroChina's headquarters?

PetroChina is headquartered at 9 DONGZHIMEN NORTH STREET DONGCHENG DISTRICT, BEIJING F4, 100007.

How can I contact PetroChina?

PetroChina's mailing address is 9 DONGZHIMEN NORTH STREET DONGCHENG DISTRICT, BEIJING F4, 100007. The oil and gas company can be reached via phone at 86-10-5998-2622 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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