PetroChina - PTR Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PetroChina in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.

PetroChina's stock was trading at $44.21 at the start of the year. Since then, PTR stock has decreased by 0.0% and is now trading at $44.20.
View the best growth stocks for 2022 here.

PetroChina saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 347,100 shares, an increase of 78.1% from the June 30th total of 194,900 shares. Based on an average trading volume of 164,900 shares, the short-interest ratio is presently 2.1 days.
View PetroChina's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our PTR earnings forecast.

PetroChina declared a Semi-Annual dividend on Friday, April 1st. Investors of record on Friday, June 17th will be paid a dividend of $1.341 per share on Monday, August 8th. This represents a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, June 16th. This is an increase from the stock's previous Semi-Annual dividend of $1.34.
Read our dividend analysis for PTR.

PetroChina (NYSE:PTR) pays an annual dividend of $2.55 per share and currently has a dividend yield of 5.68%. PTR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PTR will have a dividend payout ratio of 24.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PTR.

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.

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).

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

PetroChina's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.04%), Grantham Mayo Van Otterloo & Co. LLC (0.02%), O Shaughnessy Asset Management LLC (0.02%), US Bancorp DE (0.01%), OLD Mission Capital LLC (0.01%) and Healthcare of Ontario Pension Plan Trust Fund (0.01%).

Shares of PTR stock 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.
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One share of PTR stock can currently be purchased for approximately $44.20.

PetroChina (NYSE:PTR) has a market capitalization of $80.90 billion and generates $405.22 billion in revenue each year. The oil and gas company earns $14.29 billion in net income (profit) each year or $8.74 on an earnings per share basis.

The company employs 417,173 workers across the globe.

PetroChina was founded in 1999.

PetroChina's mailing address is 9 DONGZHIMEN NORTH STREET DONGCHENG DISTRICT, BEIJING F4, 100007. The official website for the company is www.petrochina.com.cn. The oil and gas company can be reached via phone at 86-10-5998-2622, via email at hko@petrochina.com, or via fax at 86-10-6209-9557.