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Chinese oil group Cnooc (OTCPK:CEOHF) said Monday it will seek to raise more than 28B yuan (~$4.4B) in a share listing in Shanghai, the country's biggest and Asia's second largest public stock offering so far this year. Cnooc is selling 2.6B shares for 10.80 yuan/share ($1.69), which could be...
PetroChina Company Limited (PTR) Q4 2021 Earnings Conference Call March 31, 2022 05:00 ET Company Participants Chai Shouping - Chief Financial Officer and Board Secretary Dai Houliang - Chairman Ren Lixin - Executive Director and Senior Vice President Tian Jinghui - Vice President Yang Jigang...
BEIJING, CHINA / ACCESSWIRE / March 31, 2022 / PetroChina Company Limited (PetroChina" or "the Company", (HKSE:00857)(NYSE:PTR)(SSE:601857) announced that in 2021, the Company made solid progress in a number of areas including its production and operation, reform and innovation, quality and ...
Simon Property Group and PetroChina both have dividend yields well above index averages. Simon Property Group has proven its ability to withstand significant headwinds and produce sufficient cash flow to cover its dividend. PetroChina appears highly undervalued, produces plenty of...
ACTG, AFMD, OTCPK:BRPHF, OTCQX:CBWTF, CLSN, GOED, LTRY, NNDM, NNOX, PDSB, PLX, PTR, TRVN, WBA For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Thursday's open
Shortly after war broke out in Ukraine, BP (BP) made the decision to exit the Company's ~20% stake in Rosneft (OTCPK:RNFTF). BP's (BP) first call was to Rosneft (OTCPK:RNFTF); since, Rosneft (OTCPK:RNFTF) has recommenced the Company's share buyback program, but provided no indicatio...
Sinopec (NYSE:SNP) has suspended talks for a potential $500M investment in a major petrochemical plant and a gas marketing venture in Russia, Reuters reports, as even the Chinese government is wary of running afoul of sanctions over Russia's invasion of Ukraine. The Chinese refiner has planne...
Chinese currency has gained significant ground against dollar and huge amounts of capital have flowed from the U.S. into China over past two years. The capital market of China is offering a higher growth/risk ratio than the capital market of the U.S. this year and probably over the ne...
Brent Crude stands at $122 per barrel and will continue to rise amidst turmoil caused by the Ukrainian-Russian conflict. PetroChina is a very undervalued oil company with a 6.6% dividend yield. As a Chinese NOC, PetroChina can fill the production gap left by the carbon-conscious s...
As the government prioritizes stabilizing the economy in 2022 and avoiding a downturn that would adversely impact Energy consumption, certain segments of the Chinese Energy Sector could stand to benefit from oil prices that currently remain at elevated levels. China is increasingly de...
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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...