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BEIJING, CHINA / ACCESSWIRE / May 4, 2023 / PetroChina Company Limited ["PetroChina" or the "Company", (HKSE:00857)(SSE:601857)] announced that the Company took advantage of the favourable environment brought by a gradual recovery of global economy and China's economic rebound in the first quart...
NEW YORK, NY / ACCESSWIRE / April 28, 2023 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") ( HKEX:00386; SSE:600028) announced today that its Form 20-F for the fiscal year ended December 31, 2022, filed with the United States Securities and Exchange Commission, ha...
2023-03-30 10:20:12 ET Summary The eight largest energy companies in the world were evaluated for relative quality. Based on this analysis, ConocoPhillips appears to be the best prospect by a very thin margin. China Petroleum & Chemical Corporation and BP p.l.c. rank lowes...
2023-03-30 09:00:04 ET PetroChina ( OTCPK:PCCYF ): FY GAAP EPS of RMB 0.82. Revenue of RMB 3239.17B (+23.9% Y/Y). In 2022, the Group sold 260.284 billion cubic metres of natural gas, representing a decrease of 5.0% as compared with last year, among which 207.096 billion cubic ...
2023-03-29 11:58:06 ET PetroChina ( OTCPK:PCCYF ), China's largest oil producer, said Wednesday it tallied a record annual profit for 2022, while top Chinese offshore oil and gas driller Cnooc ( NYSE: CEO ) ( OTCPK:CEOHF ) also reported record full-year earnings. Pet...
Summary PetroChina is significantly undervalued and trading far below its oil and gas assets. PetroChina has the highest revenue but low profits because of government regulations that set the prices for oil and gas in China. PetroChina is set to benefit from the government’s ...
Summary Oil prices could be higher for longer. Demand continues to grow globally, despite the short-term impact of the pandemic. Supply is constrained, due to ESG mandates, regulation, and underinvestment in new production. OPEC has shown it's willing to do what is needed to k...
Summary OECD liquids production continues to rise quarter on quarter, putting downward pressure on the price of oil. Significant share repurchase programs led by Exxon Mobil and Chevron Corporation keep the share price of these companies from falling. In August 2022, India's c...
PetroChina Company Limited (PTR) Q2 20222 Earnings Conference Call August 25, 2022 05:00 AM ET Company Participants Wang Hua - Chief Financial Officer Dai Houliang - Chairman Huang Yongzhang - Executive Director and President Ren Lixin - Executive Director an...
Chinese shares are now in a fresh round of delisting tremors. This appears to be the real deal and investors are once again worried about the impact. The real issue with the underperformance though, has nothing to do with the delisting. Alibaba could easily drop another 30% fr...
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HONG KONG, CHINA / ACCESSWIRE / April 29, 2024 / PetroChina Company Limited ["PetroChina" or the "Company", (HKSE:00857)(SSE:601857)] announced that the Company's operating results for the first quarter of 2024 hit another historic high for the same period, as it coordinated the production and o...
Enhanced Competence from Integrated Industrial Chain with Ever-Increasing Resilience HONG KONG, CHINA / ACCESSWIRE / March 25, 2024 / PetroChina Company Limited ["PetroChina" or the "Company", (HKSE:00857)(SSE:601857)] announced that the Company boosted oil and gas exploration and developmen...
BEIJING, CHINA / ACCESSWIRE / February 5, 2024 / PetroChina Company Limited ("PetroChina" or the "Company") (HKEX:00857)(SSE:601857) announced today that the Company intends to deregister with the United States Securities and Exchange Commission (the "SEC") and terminate its reporting obligation...