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

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" SNP shares.
View SNP analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1 year price objectives for China Petroleum & Chemical's shares. 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.
View analysts price targets for SNP or view top-rated stocks among Wall Street analysts.

China Petroleum & Chemical saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 170,300 shares, a decline of 27.2% from the August 15th total of 233,800 shares. Based on an average trading volume of 309,900 shares, the days-to-cover ratio is presently 0.5 days.
View China Petroleum & Chemical's Short Interest.

China Petroleum & Chemical Co. (NYSE:SNP) posted its quarterly earnings data on Wednesday, April, 28th. The oil and gas company reported $2.28 EPS for the quarter, topping analysts' consensus estimates 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%.

China Petroleum & Chemical announced a Semi-Annual dividend on Tuesday, August 30th. Stockholders of record on Friday, September 16th will be given a dividend of $2.103 per share on Thursday, October 6th. This represents a yield of 14.7%. The ex-dividend date of this dividend is Thursday, September 15th.
Read our dividend analysis for SNP.

China Petroleum & Chemical (NYSE:SNP) pays an annual dividend of $8.25 per share and currently has a dividend yield of 18.07%. 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 87.39% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SNP.

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.

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).

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

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.
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China Petroleum & Chemical (NYSE:SNP) has a market capitalization of $0.00 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.

The company employs 385,691 workers across the globe.

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.