NYSE:PTRPetroChina Stock Price, Forecast & News

$34.78

-0.02 (-0.06 %)

(As of 06/1/2020 11:06 AM ET)

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Today's Range

$34.59

Now: $34.78▼

$34.91

50-Day Range

$32.84

MA: $35.00▼

$38.12

52-Week Range

$27.74

Now: $34.78▼

$56.86

Volume9,156 shs

Average Volume127,767 shs

Market Capitalization$63.65 billion

P/E Ratio22.88

Dividend Yield4.86%

Beta0.94

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, 2018, the company had a total length of 83,527 km, including 51,751 km of natural gas pipelines, 20,048 km of crude oil pipelines, and 11,728 km of refined product pipelines. It 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; import and export of goods and technology; and import and export agency business, as well as provision of technology promotion, professional contractor, and main contractor services. The company was founded in 1988 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

Beat the Market (BTM) Rank^™

2.9 Analyst's Opinion

Consensus Rating
PetroChina has received a consensus rating of Hold. The company's average rating score is 1.89, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.45, PetroChina has a potential upside of 16.3% from its current price of $34.78.
Amount of Analyst Coverage
PetroChina has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
PetroChina has received 260 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
PetroChina has received 347 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
PetroChina has received 57.17% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about PetroChina and other stocks. Vote “Outperform” if you believe PTR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PTR will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
PetroChina is a leading dividend payer. It pays a dividend yield of 4.86%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
PetroChina has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of PetroChina is 47.08 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, PetroChina will have a dividend payout ratio of 116.55 % in the coming year. This indicates that PetroChina may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PetroChina insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.20% of the stock of PetroChina is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for PetroChina are expected to grow in the coming year, from ($1.12) to $1.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PetroChina is 22.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of PetroChina is 22.88, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.53.
Price to Book Value per Share Ratio
PetroChina has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.76 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Crude petroleum & natural gas

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:PTR

Previous Symbol

CUSIPN/A

CIK1108329

Webwww.petrochina.com.cn

Phone86-10-5998-6270

Debt

Debt-to-Equity Ratio0.29

Current Ratio0.68

Quick Ratio0.42

Price-To-Earnings

Trailing P/E Ratio22.88

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$361.52 billion

Price / Sales0.18

Cash Flow$21.34 per share

Price / Cash Flow1.63

Book Value$114.19 per share

Price / Book0.30

Profitability

EPS (Most Recent Fiscal Year)$3.59

Net Income$6.61 billion

Net Margins0.80%

Return on Equity1.36%

Return on Assets0.72%

Miscellaneous

Employees476,223

Outstanding Shares1,830,210,000

Market Cap$63.65 billion

Next Earnings Date9/3/2020 (Estimated)

OptionableOptionable

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PetroChina (NYSE:PTR) Frequently Asked Questions

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

PetroChina's stock was trading at $34.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PTR stock has increased by 1.0% and is now trading at $34.7801. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of PetroChina?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PetroChina in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PetroChina.

When is PetroChina's next earnings date?

PetroChina is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for PetroChina.

How were PetroChina's earnings last quarter?

PetroChina Company Limited (NYSE:PTR) posted its quarterly earnings results on Thursday, March, 26th. The oil and gas company reported $0.66 earnings per share (EPS) for the quarter. The oil and gas company earned $100.89 billion during the quarter. PetroChina had a return on equity of 1.36% and a net margin of 0.80%. View PetroChina's earnings history.

What price target have analysts set for PTR?

9 equities research analysts have issued 1-year price targets for PetroChina's shares. Their forecasts range from $35.00 to $45.90. On average, they expect PetroChina's stock price to reach $40.45 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for PetroChina.

Has PetroChina been receiving favorable news coverage?

News coverage about PTR stock has been trending somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PetroChina earned a news impact score of 1.0 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPetroChina.

Are investors shorting PetroChina?

PetroChina saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 655,500 shares, a decrease of 18.0% from the April 30th total of 799,700 shares. Based on an average daily trading volume, of 190,800 shares, the short-interest ratio is presently 3.4 days. Currently, 0.3% of the company's stock are short sold. View PetroChina's Current Options Chain.

Who are some of PetroChina's key competitors?

Some companies that are related to PetroChina include Royal Dutch Shell (RDS.A), Total (TOT), PETROLEO BRASIL/ADR (PBR), CNOOC (CEO), PETROLEO BRASIL/S (PBR.A), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Occidental Petroleum (OXY) and Concho Resources (CXO). View all 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), ABB (ABB), Exxon Mobil (XOM), Intel (INTC), TENCENT HOLDING/ADR (TCEHY), Wells Fargo & Co (WFC), AbbVie (ABBV), Bank of America (BAC), General Electric (GE) and Starbucks (SBUX).

Who are PetroChina's key executives?

PetroChina's management team includes the following people:

Mr. Qijun Hou, Pres & Exec. Director (Age 52)
Mr. Shouping Chai, Chief Financial Officer (Age 57)
Mr. Enlai Wu, Sec. (Age 59)
Mr. Longde Sun, VP (Age 56)
Mr. Jinghui Tian, VP (Age 57)

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.02%), Parametric Portfolio Associates LLC (0.01%), Aperio Group LLC (0.00%), Two Sigma Advisers LP (0.00%), Two Sigma Investments LP (0.00%) and UBS Group AG (0.00%).

Which major investors are selling PetroChina stock?

PTR stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Voloridge Investment Management LLC, Invesco Ltd., Wells Fargo & Company MN, and Comerica Bank.

Which major investors are buying PetroChina stock?

PTR stock was bought by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, BlackRock Inc., Virtus ETF Advisers LLC, Aperio Group LLC, UBS Group AG, Deutsche Bank AG, Two Sigma Advisers LP, and Trexquant Investment LP.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PetroChina's stock price today?

One share of PTR stock can currently be purchased for approximately $34.78.

How big of a company is PetroChina?

PetroChina has a market capitalization of $63.65 billion and generates $361.52 billion in revenue each year. The oil and gas company earns $6.61 billion in net income (profit) each year or $3.59 on an earnings per share basis. PetroChina employs 476,223 workers across the globe.

What is PetroChina's official website?

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

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 86-10-5998-6270 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff