S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:SNP

China Petroleum & Chemical - SNP Stock Forecast, Price & News

$45.23
+0.33 (+0.73%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$44.60
▼
$45.46
50-Day Range
$42.70
▼
$54.25
52-Week Range
$40.60
▼
$55.03
Volume
106,400 shs
Average Volume
175,344 shs
Market Capitalization
$54.76 billion
P/E Ratio
4.65
Dividend Yield
18.24%
Price Target
$41.09

China Petroleum & Chemical MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
9.2% Downside
$41.09 Price Target
Short Interest
Healthy
0.02% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.84mentions of China Petroleum & Chemical in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.26%
From $9.31 to $9.80 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Oils/Energy Sector

184th out of 336 stocks

Petroleum Refining Industry

17th out of 21 stocks

See Top Rated MarketRank™ Stocks Here
SNP stock logo

About China Petroleum & Chemical (NYSE:SNP) Stock

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

Analyst Ratings Changes

Several equities analysts recently commented on the company. The Goldman Sachs Group downgraded China Petroleum & Chemical from a "neutral" rating to a "sell" rating and set a $41.09 price objective on the stock. in a research note on Sunday, June 19th. StockNews.com upgraded China Petroleum & Chemical from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Citigroup cut shares of China Petroleum & Chemical from a "buy" rating to a "sell" rating in a report on Monday, May 23rd.

China Petroleum & Chemical Price Performance

Shares of China Petroleum & Chemical stock traded up $0.33 during trading on Friday, hitting $45.23. The stock had a trading volume of 106,435 shares, compared to its average volume of 169,455. The firm has a market cap of $54.76 billion, a price-to-earnings ratio of 4.65, a P/E/G ratio of 1.48 and a beta of 0.70. The company has a current ratio of 0.93, a quick ratio of 0.53 and a debt-to-equity ratio of 0.11. China Petroleum & Chemical has a 12 month low of $40.60 and a 12 month high of $55.03. The business's 50-day moving average is $46.35 and its 200 day moving average is $48.80.

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SNP Stock News Headlines

August 1, 2022 | americanbankingnews.com
StockNews.com Lowers China Petroleum & Chemical (NYSE:SNP) to Hold
July 21, 2022 | americanbankingnews.com
China Petroleum & Chemical (NYSE:SNP) Raised to "Buy" at StockNews.com
July 6, 2022 | finance.yahoo.com
Sinopec (SNP) Makes Major Shale Gas Discovery in Xinye Well-1
July 5, 2022 | morningstar.com
China Petroleum & Chemical Corp ADR - Stock Ownership SNP
July 5, 2022 | morningstar.com
China Petroleum & Chemical Corp ADR - Stock Price vs Fair Value SNP
July 5, 2022 | morningstar.com
China Petroleum & Chemical Corp ADR - Stock Valuation SNP
June 30, 2022 | finance.yahoo.com
China Petro&Chm (SNP) is a Top Dividend Stock Right Now: Should You Buy?
June 20, 2022 | finance.yahoo.com
China Scolds Sinopec After Second Fatal Accident This Month
June 8, 2022 | msn.com
Short Volatility Alert: China Petroleum & Chemical Corporation
May 31, 2022 | morningstar.com
China Petroleum & Chemical Corp ADR - Stock Dividends SNP
May 20, 2022 | finance.yahoo.com
China quietly increases purchases of low-priced Russian oil
May 17, 2022 | finance.yahoo.com
Sinopec (SNP) Jumps 5.1% as Q1 Earnings & Revenues Rise Y/Y
May 10, 2022 | investing.com
The 5 Best Energy Dividend Stocks For 2022
May 6, 2022 | investing.com
Exclusive: U.S. regulators are in China for audit deal talks - sources
May 5, 2022 | investing.com
Over 80 firms including China's JD.com added to U.S. SEC list facing delisting risk
May 4, 2022 | finance.yahoo.com
JD.com, Pinduoduo Added to Chinese Companies Facing Delisting in U.S.
May 3, 2022 | markets.businessinsider.com
7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More
April 28, 2022 | ca.finance.yahoo.com
China Petroleum & Chemical Corporation Files 2021 Annual Report on Form 20-F
April 28, 2022 | finanznachrichten.de
China Petroleum and Chemical Corporation: China Petroleum & Chemical Corporation Files 2021 Annual Report on Form 20-F
April 28, 2022 | finance.yahoo.com
China Petroleum & Chemical Corporation Files 2021 Annual Report on Form 20-F
April 28, 2022 | finance.yahoo.com
Sinopec expects China's oil demand to recover in Q2, positive growth in 2022
April 27, 2022 | finanznachrichten.de
China Petroleum & Chemical Corporation: Sinopec Achieved Good Performance in 2022 Q1 Net Profit Reached RMB 23.3 Billion, Up by 24.3% yoy
April 27, 2022 | finance.yahoo.com
Sinopec Achieved Good Performance in 2022 Q1 Net Profit Reached RMB 23.3 Billion, Up by 24.3% yoy
April 25, 2022 | nasdaq.com
SNP Crosses Below Key Moving Average Level
March 31, 2022 | finance.yahoo.com
Sinopec Hosts 2021 Annual Performance Conference, Calls To Embrace Green Evolution and Build Low-Carbon Competitive Advantages
See More Headlines
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SNP Company Calendar

Last Earnings
4/28/2021
Ex-Dividend for 6/30 Dividend
6/08/2022
Dividend Payable
6/30/2022
Today
8/07/2022
Next Earnings (Estimated)
9/01/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Petroleum refining
Sub-Industry
N/A
Sector
Oils/Energy
Current Symbol
NYSE:SNP
CUSIP
N/A
CIK
1123658
Web
www.sinopec.com
Phone
86-10-5996-0028
Fax
86-10-5996-0386
Employees
385,691
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$41.09
High Stock Price Forecast
$41.09
Low Stock Price Forecast
$41.09
Forecasted Upside/Downside
-9.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$9.73
Trailing P/E Ratio
4.65
Forward P/E Ratio
4.86
P/E Growth
1.48
Net Income
$11.16 billion
Net Margins
2.58%
Pretax Margin
3.98%
Return on Equity
8.23%
Return on Assets
3.92%

Debt

Debt-to-Equity Ratio
0.11
Current Ratio
0.93
Quick Ratio
0.53

Sales & Book Value

Annual Sales
$424.83 billion
Price / Sales
0.13
Cash Flow
$24.06 per share
Price / Cash Flow
1.88
Book Value
$117.15 per share
Price / Book
0.39

Miscellaneous

Outstanding Shares
1,210,712,000
Free Float
94,436,000
Market Cap
$54.76 billion
Optionable
Optionable
Beta
0.70

Key Executives

  • Mr. Baocai Yu (Age 57)
    Pres & Exec. Director
    Comp: $65.46k
  • Ms. Donghua Shou (Age 52)
    CFO & Head of Accounting Institution
  • Mr. Yiqun Ling (Age 59)
    Sr. VP & Exec. Director
  • Mr. Hongbin Liu (Age 59)
    Sr. VP & Exec. Director
  • Mr. Yonglin Li (Age 55)
    Sr. VP & Exec. Director
  • Mr. Wensheng Huang (Age 55)
    VP & Sec. to the Board of Directors
  • Mr. Rifeng Zhao (Age 59)
    VP
  • Mr. Yang Chen
    Deputy Head of the Board

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SNP Stock - Frequently Asked Questions

Should I buy or sell China Petroleum & Chemical stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Petroleum & Chemical in the last year. There are currently 2 sell ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" China Petroleum & Chemical stock.
View analyst ratings for China Petroleum & Chemical or view top-rated stocks.

What is China Petroleum & Chemical's stock price forecast for 2022?

2 brokerages have issued 1 year price targets for China Petroleum & Chemical's stock. Their SNP stock forecasts range from $41.09 to $41.09. On average, they anticipate China Petroleum & Chemical's stock price to reach $41.09 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
View analysts' price targets for China Petroleum & Chemical or view top-rated stocks among Wall Street analysts.

How has China Petroleum & Chemical's stock price performed in 2022?

China Petroleum & Chemical's stock was trading at $46.51 at the beginning of 2022. Since then, SNP stock has decreased by 2.8% and is now trading at $45.23.
View the best growth stocks for 2022 here.

Are investors shorting China Petroleum & Chemical?

China Petroleum & Chemical saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 252,900 shares, a drop of 31.0% from the June 30th total of 366,500 shares. Based on an average daily volume of 204,500 shares, the short-interest ratio is currently 1.2 days.
View China Petroleum & Chemical's Short Interest.

When is China Petroleum & Chemical's next earnings date?

China Petroleum & Chemical is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our earnings forecast for China Petroleum & Chemical.

How were China Petroleum & Chemical's earnings last quarter?

China Petroleum & Chemical Co. (NYSE:SNP) announced its quarterly earnings results on Wednesday, April, 28th. The oil and gas company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.17. The oil and gas company had revenue of $88.99 billion for the quarter. China Petroleum & Chemical had a net margin of 2.58% and a trailing twelve-month return on equity of 8.23%.

How often does China Petroleum & Chemical pay dividends? What is the dividend yield for China Petroleum & Chemical?

China Petroleum & Chemical declared a semi-annual dividend on Thursday, March 31st. Investors of record on Thursday, June 9th will be given a dividend of $2.4674 per share on Thursday, June 30th. This represents a dividend yield of 13.3%. The ex-dividend date is Wednesday, June 8th.
View China Petroleum & Chemical's dividend history.

Is China Petroleum & Chemical a good dividend stock?

China Petroleum & Chemical(NYSE:SNP) pays an annual dividend of $8.25 per share and currently has a dividend yield of 18.24%. SNP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of China Petroleum & Chemical is 84.79%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, China Petroleum & Chemical will have a dividend payout ratio of 84.18% in the coming year. This indicates that China Petroleum & Chemical may not be able to sustain their current dividend.
View China Petroleum & Chemical's dividend history.

What is Wang Tianpu's approval rating as China Petroleum & Chemical's CEO?

20 employees have rated China Petroleum & Chemical CEO Wang Tianpu on Glassdoor.com. Wang Tianpu has an approval rating of 62% among China Petroleum & Chemical's employees. This puts Wang Tianpu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of China Petroleum & Chemical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other China Petroleum & Chemical investors own include Fluor (FLR), Micron Technology (MU), Intel (INTC), AT&T (T), Alibaba Group (BABA), Broadcom (AVGO), Chevron (CVX), NVIDIA (NVDA), AbbVie (ABBV) and Verizon Communications (VZ).

What is China Petroleum & Chemical's stock symbol?

China Petroleum & Chemical trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNP."

Who are China Petroleum & Chemical's major shareholders?

China Petroleum & Chemical's stock is owned by a number of retail and institutional investors. Top institutional shareholders include OLD Mission Capital LLC (0.01%), US Bancorp DE (0.00%), Assetmark Inc. (0.00%), DGS Capital Management LLC (0.00%), Profund Advisors LLC (0.00%) and Crossmark Global Holdings Inc. (0.00%).
View institutional ownership trends for China Petroleum & Chemical.

How do I buy shares of China Petroleum & Chemical?

Shares of SNP 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.
Compare Top Brokerages Here.

What is China Petroleum & Chemical's stock price today?

One share of SNP stock can currently be purchased for approximately $45.23.

How much money does China Petroleum & Chemical make?

China Petroleum & Chemical (NYSE:SNP) has a market capitalization of $54.76 billion and generates $424.83 billion in revenue each year. The oil and gas company earns $11.16 billion in net income (profit) each year or $9.73 on an earnings per share basis.

How many employees does China Petroleum & Chemical have?

China Petroleum & Chemical employs 385,691 workers across the globe.

How can I contact China Petroleum & Chemical?

China Petroleum & Chemical's mailing address is 22 CHAOYANGMEN NORTH STREET CHAOYANG DISTRIC, BEIJING F4, 100728. The official website for China Petroleum & Chemical is www.sinopec.com. The oil and gas company can be reached via phone at 86-10-5996-0028, via email at ir@sinopec.com, or via fax at 86-10-5996-0386.

This page (NYSE:SNP) was last updated on 8/8/2022 by MarketBeat.com Staff

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