Last $8.53 HKD
Change Today +0.28 / 3.39%
Volume 29.8M
As of 8:37 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

petrochina co ltd-h (857) Snapshot

Open
$8.49
Previous Close
$8.25
Day High
$8.54
Day Low
$8.44
52 Week High
09/4/14 - $11.70
52 Week Low
02/4/14 - $7.31
Market Cap
2.2T
Average Volume 10 Days
139.6M
EPS TTM
$0.72
Shares Outstanding
21.1B
EX-Date
09/11/14
P/E TM
9.4x
Dividend
$0.33
Dividend Yield
4.82%
Current Stock Chart for PETROCHINA CO LTD-H (857)

petrochina co ltd-h (857) Details

PetroChina Company Limited produces and sells oil and gas in the People’s Republic of China. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. The Exploration and Production segment is involved 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 engaged in marketing refined products, as well as trading business. The Natural Gas and Pipeline segment is involved in the transmission of natural gas, crude oil, and refined oil products. It also operates a network of service stations. The company operates oil and gas pipelines of 71,020 km consisting of 43,872 km of natural gas pipelines, 17,614 km of crude oil pipelines, and 9,534 km of refined product pipelines. PetroChina Company Limited was founded in 1988 and is based in Beijing, the People’s Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

544,083 Employees
Last Reported Date: 03/20/14
Founded in 1988

petrochina co ltd-h (857) Top Compensated Officers

Vice Chairman, President and Member of Invest...
Total Annual Compensation: CNY1.0M
Chairman of the Board
Total Annual Compensation: CNY1.2M
Chief Financial Officer
Total Annual Compensation: --
General Manager of Legal Department and Super...
Total Annual Compensation: --
Chief Engineer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

petrochina co ltd-h (857) Key Developments

PetroChina to Shut Monoethylene Glycol Unit in End of December 2014

PetroChina plans to shut its 360,000 tonne per year monoethylene glycol (MEG) unit in Pengzhou, Sichuan province in end of December 2014. The turnaround at the MEG unit is scheduled to take place during the shutdown of the cracker unit at its Sichuan petrochemical complex, which will last for about a month.

China National Petroleum Reportedly Seeks To Sell Oil Fields

China National Petroleum Corporation will sell 35 % in Northeast China's Jilin Oil Field and in Tianjin-based Dagang Oil Field to private investors, jiemian.com reported. PetroChina Co. Ltd. (SEHK:857) is also considering divesting some of its low-profit oil fields to optimize resource allocation given the bearish outlook on global oil prices.

PetroChina Reportedly Plans Stake Sale In Major Oilfields

PetroChina Co. Ltd. (SEHK:857) intends to divest 35% stakes in two of its major oilfields to private investors in order introduce mixed ownership of its assets. Jiemian.com reported that the Jilin and Dagang oilfields, both owned by PetroChina, are among a list of assets set to be split off and the full reform plan would be announced in January 2015. China Daily reported that PetroChina is still working on its mixed-ownership reform plan. Mao Zefeng, a spokesman for PetroChina, stated that he was not aware of the "35%t" share split-off plan and that the company is still at the research stage of the reforms. He added that PetroChina is going through the documentation process of its sale of eastern pipeline assets. An industry insider close to the company stated that PetroChina is shifting from a scale-oriented to efficiency-oriented management structure and seeks to divest some oilfields with low productivity to private investors.

 

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857 Competitors

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Company Last Change
China Petroleum & Chemical Corp CNY6.11 CNY +0.10
E.ON SE €14.02 EUR +0.301
Exxon Mobil Corp $89.02 USD +2.61
Gazprom OAO 131.00 RUB -0.40
Total SA €41.85 EUR +1.42
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Industry Analysis

857

Industry Average

Valuation 857 Industry Range
Price/Earnings 13.4x
Price/Sales 0.8x
Price/Book 1.5x
Price/Cash Flow 5.1x
TEV/Sales 0.3x
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