NYSE:SNP

China Petroleum & Chemical Stock Forecast, Price & News

$42.96

-0.54 (-1.24 %)

(As of 09/18/2020 09:15 PM ET)

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Today's Range

$42.86

Now: $42.96▼

$43.34

50-Day Range

$42.51

MA: $44.45▼

$46.60

52-Week Range

$41.30

Now: $42.96▼

$62.22

Volume196,900 shs

Average Volume221,138 shs

Market Capitalization$52.01 billion

P/E Ratio107.40

Dividend Yield11.17%

Beta1.02

China Petroleum & Chemical Corporation, an energy and chemical company, engages in oil and gas, and chemical operations in the People's Republic of China. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores for 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 pipeline transportation and sale of petroleum and natural gas; production, sale, storage, and transportation of refinery and coal chemical products; import and export of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; research, development, and application of technologies and information; 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 by-products; and coal chemical industry investment management activities. The company was founded in 2000 and is headquartered in Beijing, the People's Republic of China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for China Petroleum & Chemical.

2.4 Community Rank

Outperform Votes
China Petroleum & Chemical has received 288 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
China Petroleum & Chemical has received 321 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
China Petroleum & Chemical has received 52.71% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
China Petroleum & Chemical is a leading dividend payer. It pays a dividend yield of 11.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
China Petroleum & Chemical has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of China Petroleum & Chemical is 75.35%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, China Petroleum & Chemical will have a dividend payout ratio of 111.89% in the coming year. This indicates that China Petroleum & Chemical may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, China Petroleum & Chemical insiders have not sold or bought any company stock.
Percentage Held by Insiders
92.20% of the stock of China Petroleum & Chemical is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.73% of the stock of China Petroleum & Chemical is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for China Petroleum & Chemical are expected to grow by 158.43% in the coming year, from $1.66 to $4.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of China Petroleum & Chemical is 107.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of China Petroleum & Chemical is 107.40, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.56.
Price to Earnings Growth Ratio
China Petroleum & Chemical has a PEG Ratio of 3.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
China Petroleum & Chemical has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.51 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Petroleum refining

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:SNP

Previous Symbol

CUSIPN/A

CIK1123658

Webwww.sinopec.com

Phone86-10-5996-0028

Debt

Debt-to-Equity Ratio0.35

Current Ratio0.81

Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio107.40

Forward P/E Ratio25.88

P/E Growth3.65

Sales & Book Value

Annual Sales$421.14 billion

Price / Sales0.12

Cash Flow$19.01 per share

Price / Cash Flow2.26

Book Value$104.68 per share

Price / Book0.41

Profitability

EPS (Most Recent Fiscal Year)$6.37

Net Income$8.32 billion

Net Margins0.13%

Return on Equity0.10%

Return on Assets0.05%

Miscellaneous

Employees402,206

Outstanding Shares1,210,710,000

Market Cap$52.01 billion

Next Earnings Date10/29/2020 (Estimated)

OptionableOptionable

$42.96

-0.54 (-1.24 %)

(As of 09/18/2020 09:15 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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China Petroleum & Chemical (NYSE:SNP) Frequently Asked Questions

How has China Petroleum & Chemical's stock been impacted by Coronavirus?

China Petroleum & Chemical's stock was trading at $48.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SNP stock has decreased by 11.1% and is now trading at $42.96.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of China Petroleum & Chemical?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Petroleum & Chemical in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for China Petroleum & Chemical.

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

China Petroleum & Chemical is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for China Petroleum & Chemical.

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

China Petroleum & Chemical Corp (NYSE:SNP) announced its earnings results on Tuesday, October, 30th. The oil and gas company reported $2.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.29 by $0.18. The oil and gas company had revenue of $113.57 billion for the quarter. China Petroleum & Chemical had a net margin of 0.13% and a return on equity of 0.10%.
View China Petroleum & Chemical's earnings history.

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

China Petroleum & Chemical announced a -- dividend on Wednesday, September 9th. Shareholders of record on Thursday, October 15th will be given a dividend of $1.0232 per share on Friday, November 13th. This represents a yield of 5.4%. The ex-dividend date is Wednesday, October 14th.
View China Petroleum & Chemical's dividend history.

Are investors shorting China Petroleum & Chemical?

China Petroleum & Chemical saw a increase in short interest in August. As of August 31st, there was short interest totaling 332,800 shares, an increase of 25.8% from the August 15th total of 264,600 shares. Based on an average daily volume of 156,900 shares, the short-interest ratio is presently 2.1 days.
View China Petroleum & Chemical's Short Interest.

Who are some of China Petroleum & Chemical's key competitors?

Some companies that are related to China Petroleum & Chemical include Exxon Mobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.B), BP (BP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Marathon Petroleum (MPC), Suncor Energy (SU), Valero Energy (VLO), Hess (HES), Repsol (REPYY), Imperial Oil (IMO), HollyFrontier (HFC) and Sunoco (SUN).
View all competitors.

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 Co. (NEW) (FLR), Intel (INTC), Micron Technology (MU), AT&T (T), Alibaba Group (BABA), Broadcom (AVGO), Chevron (CVX), NVIDIA (NVDA), AbbVie (ABBV) and Verizon Communications (VZ).

Who are China Petroleum & Chemical's key executives?

China Petroleum & Chemical's management team includes the following people:

Mr. Yongsheng Ma, Pres & Exec. Director (Age 58)
Mr. Dehua Wang, Chief Financial Officer (Age 53)
Mr. Dianwu Lei, Sr. VP (Age 56)
Mr. Yiqun Ling, Sr. VP & Exec. Director (Age 56)
Mr. Wensheng Huang, VP & Sec. to the Board of Directors (Age 52)

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 institutional and retail investors. Top institutional shareholders include Pendal Group Ltd (0.04%), FMR LLC (0.01%), FMR LLC (0.01%), Canada Pension Plan Investment Board (0.01%), UBS Group AG (0.01%) and Two Sigma Advisers LP (0.01%).
View institutional ownership trends for China Petroleum & Chemical.

Which major investors are selling China Petroleum & Chemical stock?

SNP stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Bank of America Corp DE, Grantham Mayo Van Otterloo & Co. LLC, Pendal Group Ltd, Goldman Sachs Group Inc., Virtus ETF Advisers LLC, PNC Financial Services Group Inc., and Envestnet Asset Management Inc..
View insider buying and selling activity for China Petroleum & Chemical.

Which major investors are buying China Petroleum & Chemical stock?

SNP stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, UBS Group AG, Toroso Investments LLC, CSat Investment Advisory L.P., Cozad Asset Management Inc., Congress Park Capital LLC, Bank of Montreal Can, and Stifel Financial Corp.
View insider buying and selling activity for China Petroleum & Chemical.

How do I buy shares of China Petroleum & Chemical?

Shares of SNP 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 China Petroleum & Chemical's stock price today?

One share of SNP stock can currently be purchased for approximately $42.96.

How big of a company is China Petroleum & Chemical?

China Petroleum & Chemical has a market capitalization of $52.01 billion and generates $421.14 billion in revenue each year. The oil and gas company earns $8.32 billion in net income (profit) each year or $6.37 on an earnings per share basis. China Petroleum & Chemical employs 402,206 workers across the globe.

What is China Petroleum & Chemical's official website?

The official website for China Petroleum & Chemical is www.sinopec.com.

How can I contact China Petroleum & Chemical?

China Petroleum & Chemical's mailing address is 22 CHAOYANGMEN NORTH STREET CHAOYANG DISTRIC, BEIJING F4, 100728. The oil and gas company can be reached via phone at 86-10-5996-0028 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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