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PetroChina ( PTR +0.1% ) says the coronavirus and weak crude oil prices may weigh heavily on 2020 financial results , after last year's profits dropped 14% Y/Y, largely due to weakness in its refinery and chemicals segment. More news on: PetroChina Company Limited, Energy stocks news,...
PetroChina (NYSE: PTR ): FY GAAP EPS of RMB0.25 misses by RMB0.01 . Revenue of RMB2.52T (+6.3% Y/Y) beats by RMB150B . Press Release More news on: PetroChina Company Limited, Earnings news and commentary, Energy stocks news,
Background China's Oil & Gas industry was hit badly by the recent outbreak of COVID-19 and turmoils in the global Crude Oil market. There are three main players in China's oil & gas industry, CNOOC Limited (CEO), PetroChina Company Limited (PTR), and Sinopec (SNP). Althou...
The 2009 - 2020 bull market may be over after recent declines, but odds are, most large cap stocks you bought 10 years ago and held over the past 10 years still would have delivered you a positive 10 year total return. In fact, a good percentage of stocks you could have picked in 2010 and held...
Many oil servicing companies can be forming potentially significant long-term bottoming patterns. While some might need more of a bounce and then another low, there is potential to count larger corrections as complete even sooner, and at the very least, we see some good R:R setups for more "...
Royal Dutch Shell ( RDS.A , RDS.B ) reportedly has joined Total (NYSE: TOT ) in refusing to accept a force majeure notice by China's Cnooc (NYSE: CEO ) that would have freed it from its contractual obligations to take delivery of liquefied natural gas shipments. More news on: Royal Dutc...
Chinese energy executives forecast the country's oil consumption will plunge 25% this month , Financial Times reports, as the coronavirus outbreak paralyses travel and shuts down industrial activity. More news on: PetroChina Company Limited, China Petroleum & Chemical Corporation, C...
One of the bright spots in the market for natural gas ( UNG ) is China. Natural gas is in oversupply with supply exceeding demand, but China's growing need for gas has alleviated some of the pressure in the market. However, there are increasingly signs that the market may not be able to count ...
Top executives at China's leading energy companies are set for a power shake-up , Bloomberg reports, as the sector is under pressure to increase competition and boost domestic production in the face of growing dependence on energy imports. More news on: China Petroleum & Chemical Corp...
An Arctic blast sweeping across western Canada - cold enough to turn the region's oil sands solid - is weighing on the price of heavy crude , Bloomberg reports. More news on: Suncor Energy Inc., Canadian Natural Resources Limited, Cenovus Energy Inc., Energy stocks news, Read more ......
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BEIJING, CHINA / ACCESSWIRE / October 27, 2022 / PetroChina Company Limited ("PetroChina" or the "Company", HKSE: 00857; SSE: 601857) announced that in the first three quarters of 2022, despite complex and severe external environment, the Company overcame the challenges arising from lower cr...
BEIJING, CHINA / ACCESSWIRE / August 25, 2022 / PetroChina Company Limited ["PetroChina" or the "Company", (SEHK:0857)(NYSE:PTR)(SSE:601857)] announced that the Company delivered record first half operating performance in 1H2022, underpinned by solid progress in production and operation, sus...