China Petroleum & Chemical Corporation (SHA: 600028)

China flag China · Delayed Price · Currency is CNY
6.94
+0.13 (1.91%)
Sep 2, 2024, 11:30 AM CST
13.58%
Market Cap 780.31B
Revenue (ttm) 3.19T
Net Income (ttm) 59.27B
Shares Out n/a
EPS (ttm) 0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Jul 16, 2024
Volume 101,876,660
Open 6.75
Previous Close 6.81
Day's Range 6.73 - 6.99
52-Week Range 5.15 - 7.21
Beta 0.66
Analysts n/a
Price Target n/a
Earnings Date Oct 24, 2024

About 600028

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces natural gas; produces, processes, purifies, imports, and trades in crude oil; manufactures, sells, and trades in petroleum products; owns and operates oil depots and service stations;... [Read more]

Sector Energy
Founded 2000
Employees 368,009
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 600028
Full Company Profile

Financial Performance

In 2023, 600028's revenue was 3.21 trillion, a decrease of -3.20% compared to the previous year's 3.32 trillion. Earnings were 58.31 billion, a decrease of -12.88%.

Financial Statements

News

Earnings at Chinas State Majors Signal Tepid Demand for Oil Imports

Chinas biggest state-owned oil and gas corporations reported this week record-high profits, but the outperforming upstream divisions at all majors masked their weak refining businesses which reflected...

3 days ago - OilPrice com

Asia's Top Refiner is Struggling With Weak Fuel Demand in China

The first-half earnings report of the largest refiner in Asia, China Petroleum and Chemical Corporation, confirmed market concerns about a weak fuel demand in China. China Petroleum and Chemical Corpo...

6 days ago - OilPrice com

Sinopec’s Modest Profit Rise Amid Industry Challenges and Economic Headwinds in China

Sinopec, formally known as China Petroleum and Chemical Corp., reported a slight profit increase in the first half of the year despite facing significant challenges from a slowing Chinese economy and ...

6 days ago - CEOWORLD magazine

China’s Largest Crude Oil Refiner Challenged by Weaker Economy

Sinopec’s profit inched higher in the first half, after an improved performance from upstream operations offset the impact of a slowing Chinese economy and hefty declines in the company’s main busines...

7 days ago - Financial Post

Net profit up but revenue down for China’s Sinopec as diesel demand falls

China Petroleum & Chemical Corp. reported a rise in its first-half net profit but lower revenue due to a decline in demand for diesel.

7 days ago - MarketWatch

China's Sinopec reports 2.6% gain in first-half profit

Sinopec reports 2.6% profit increase in first half of year due to higher oil prices and production of crude and natural gas.

7 days ago - Seeking Alpha

China's Sinopec reports 2.6% gain in first-half profit

Sinopec reports 2.6% profit increase in first half of year due to higher oil prices and production of crude and natural gas.

7 days ago - Seeking Alpha

China's Sinopec posts 2.7% rise in first-half profit

China's Sinopec posted a 2.7% rise in net profit for the first half of the year, it said on Sunday, as rising oil prices boosted income.

7 days ago - Reuters

Sinopec’s Net Income Gains as Upstream Strength Offsets Refining

Sinopec, China’s top oil refiner, reported a marginal increase in first-half profit as a better performance from its upstream operations offset weakness in refining and petrochemicals.

7 days ago - BNN Bloomberg

Sinopec Joins Alliance to Boost China’s Green Hydrogen Progress

Sinopec Group and more than a hundred of its Chinese peers will work together to speed up the building of a supply chain for green hydrogen and accelerate the nation’s transition to non-polluting fuel...

10 days ago - BNN Bloomberg

Sinopec lands major tank farm project in Saudi Arabia

The facility will manage the storage, export, and import of biobutadiene and Methyl Tertiary Butyl Ether

12 days ago - Zawya

Sinopec Announces the Launch of Carbon Footprint Alliance to Drive Green Development in Energy and Chemicals

BEIJING , Aug. 1, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation  (HKG: 0386, "Sinopec") has announced the inauguration of the Energy and Chemical Industry Chain Carbon Footprint Alliance...

4 weeks ago - PRNewsWire

China's Sinopec reports first-half crude throughput up only 0.1%

China Petroleum and Chemical Corp (Sinopec) , Asia's largest refiner, on Friday reported first-half crude throughput little changed year on year.

6 weeks ago - Reuters

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2024

BEIJING , June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protec...

2 months ago - PRNewsWire

Sinopec unit agrees $1.1 bln deal to build gas pipelines for Saudi Aramco

A Sinopec service unit said on Thursday it has signed a 7.956 billion yuan ($1.10 billion) deal to build natural gas pipelines for Saudi state oil company Aramco.

3 months ago - Reuters

2024 Global Oil & Gas Industry Contracts Review - Tecnicas Reunidas and Sinopec Engineering Consortium Secure Significant Contracts for Riyas NGL Facility in Saudi Arabia

Dublin, June 03, 2024 (GLOBE NEWSWIRE) -- The "Q1 2024 Global Oil & Gas Industry Contracts Review - Tecnicas Reunidas and Sinopec Engineering consortium secure significant contracts for Riyas NGL faci...

3 months ago - GlobeNewsWire

Sinopec Releases Reports Offering Outlooks of China's Energy, Hydrogen and Chemical Development

RIYADH, Saudi Arabia , May 29, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") publicized reports that shed light on the future of China's petrochemical sector, alon...

3 months ago - PRNewsWire

Recon Technology Regains Nasdaq Compliance; Hearing Moot

BEIJING , May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Complian...

3 months ago - PRNewsWire

Exclusive: China's Sinopec in talks for gas offtake, stake in Canada's Cedar LNG

China's Sinopec is in discussions with Pembina Pipeline Corp for a liquefied natural gas (LNG) offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project, two sources with...

4 months ago - Reuters

Sinopec Corp. Announces 2024 Q1 Results

Sinopec Achieved Good Performance in 2024 Q1 BEIJING, CHINA / ACCESSWIRE / April 28, 2024 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:00386)(SSE:600028) today ann...

4 months ago - Accesswire

Exclusive: China's Sinopec charts global expansion with refinery in rival India's backyard

Chinese state energy giant Sinopec is pushing for greater access to Sri Lanka's market, where rival India is also seeking to expand its presence, as it looks to build its first fully-controlled overse...

4 months ago - Reuters

Sinopec Completes Drilling of China's Deepest Geothermal Exploration Well of 5,200 Meters

BEIJING , April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushe...

5 months ago - PRNewsWire

China Sinopec to appoint new head for trading arm Unipec, sources say

China's Sinopec Corp is set to promote its Asia trading chief Wang Yahang to become general manager of its trading arm Unipec, several senior trading sources said.

5 months ago - Reuters