S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
126% Average Gains While Stocks Crash (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
126% Average Gains While Stocks Crash (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
126% Average Gains While Stocks Crash (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
126% Average Gains While Stocks Crash (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
NYSE:SNP

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

$46.92
+0.09 (+0.19%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$46.29
$46.92
50-Day Range
$42.70
$54.25
52-Week Range
$40.60
$55.03
Volume
100,803 shs
Average Volume
174,579 shs
Market Capitalization
$56.81 billion
P/E Ratio
4.82
Dividend Yield
17.62%
Price Target
$41.09

China Petroleum & Chemical MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
12.4% 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
0.51mentions 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.

1.86 out of 5 stars

Oils/Energy Sector

180th out of 259 stocks

Petroleum Refining Industry

16th out of 20 stocks

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.

China Petroleum & Chemical Trading Up 1.7 %

NYSE:SNP opened at $46.83 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.53 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $46.09 and a 200 day simple moving average of $48.72. China Petroleum & Chemical has a 12 month low of $40.60 and a 12 month high of $55.03. The firm has a market capitalization of $56.70 billion, a P/E ratio of 4.81, a PEG ratio of 1.48 and a beta of 0.70.

Analyst Ratings Changes

SNP has been the topic of a number of recent research reports. Citigroup lowered shares of China Petroleum & Chemical from a "buy" rating to a "sell" rating in a research note on Monday, May 23rd. StockNews.com raised shares of China Petroleum & Chemical from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, The Goldman Sachs Group downgraded China Petroleum & Chemical from a "neutral" rating to a "sell" rating and set a $41.09 price target for the company. in a research note on Sunday, June 19th.

Receive SNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for China Petroleum & Chemical and its competitors with MarketBeat's FREE daily newsletter.

SNP Stock News Headlines

The 5 Best Energy Dividend Stocks For 2022
SNP Crosses Below Key Moving Average Level
See More Headlines
Receive SNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for China Petroleum & Chemical and its competitors with MarketBeat's FREE daily newsletter.

SNP Company Calendar

Last Earnings
4/28/2021
Ex-Dividend for 6/30 Dividend
6/08/2022
Dividend Payable
6/30/2022
Today
8/11/2022
Next Earnings (Estimated)
9/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
N/A
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
-12.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
2 Analysts

Profitability

Net Income
$11.16 billion
Pretax Margin
3.98%

Debt

Sales & Book Value

Annual Sales
$424.83 billion
Cash Flow
$24.96 per share
Book Value
$117.15 per share

Miscellaneous

Outstanding Shares
1,210,712,000
Free Float
94,436,000
Market Cap
$56.81 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













SNP Stock - Frequently Asked Questions

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

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

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

2 analysts have issued twelve-month price targets for China Petroleum & Chemical's stock. Their SNP share price forecasts range from $41.09 to $41.09. On average, they anticipate the company's share price to reach $41.09 in the next twelve months. This suggests that the stock has a possible downside of 12.4%.
View analysts price targets for SNP
or view top-rated stocks among Wall Street analysts.

How have SNP shares performed in 2022?

China Petroleum & Chemical's stock was trading at $46.51 on January 1st, 2022. Since then, SNP shares have increased by 0.9% and is now trading at $46.92.
View the best growth stocks for 2022 here
.

Are investors shorting China Petroleum & Chemical?

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

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our SNP earnings forecast
.

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, beating the consensus estimate of $2.11 by $0.17. The oil and gas company earned $88.99 billion during the quarter. China Petroleum & Chemical had a trailing twelve-month return on equity of 8.23% and a net margin of 2.58%.

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.
Read our dividend analysis for SNP
.

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 17.62%. SNP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.79%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SNP will have a dividend payout ratio of 84.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SNP.

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

20 employees have rated China Petroleum & Chemical Chief Executive Officer Wang Tianpu on Glassdoor.com. Wang Tianpu has an approval rating of 62% among the company'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 variety of institutional and retail investors. Top institutional shareholders include OLD Mission Capital LLC (0.01%), US Bancorp DE (0.00%), Qtron Investments LLC (0.00%), Assetmark Inc. (0.00%), DGS Capital Management LLC (0.00%) and Profund Advisors LLC (0.00%).
View institutional ownership trends
.

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 $46.92.

How much money does China Petroleum & Chemical make?

China Petroleum & Chemical (NYSE:SNP) has a market capitalization of $56.81 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?

The company 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 the company 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 8/11/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.