China Petroleum & Chemical Corporation (SHA: 600028)

China flag China · Delayed Price · Currency is CNY
6.19
-0.03 (-0.48%)
Jan 20, 2025, 11:28 AM CST
15.70%
Market Cap 697.19B
Revenue (ttm) 3.11T
Net Income (ttm) 49.36B
Shares Out n/a
EPS (ttm) 0.41
PE Ratio 14.12
Forward PE n/a
Dividend 0.35 (5.59%)
Ex-Dividend Date Sep 13, 2024
Volume 90,463,273
Average Volume 154,493,135
Open 6.24
Previous Close 6.22
Day's Range 6.16 - 6.25
52-Week Range 5.17 - 7.64
Beta 0.68
RSI 35.04
Earnings Date Mar 24, 2025

About China Petroleum & Chemical

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, China Petroleum & Chemical'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

Polypropylene (PP) Patent Landscape Report 2025 - Breakthrough Polypropylene Processes Drive Competitive Edge for Borealis, Sinopec, Kingfa, and SABIC

The report offers a comprehensive analysis of the patent landscape in Polypropylene (PP) technology, focusing on 27,337 patents filed from 2010 to 2024 The report offers a comprehensive analysis of th...

8 days ago - GlobeNewsWire

Venezuela's Opposition Leader Kidnapped and Then Released

Politics, Geopolitics & Conflict South Sudan resumed oil exports on January 8 following Sudan's decision to lift force majeure on a vital pipeline damaged during Sudan's civil conflict. Prior to the h...

10 days ago - OilPrice com

China Xylene Market Report 2025, Featuring Dalian Fujia Dahua Chemical Industry Company and Sinopec Yangzi Petrochemical Company

Dublin, Jan. 06, 2025 (GLOBE NEWSWIRE) -- The "Xylene Markets in China" report has been added to ResearchAndMarkets.com's offering. China's demand for Xylene has grown at a fast pace in the past decad...

14 days ago - GlobeNewsWire

Sinopec Releases First Sustainable Development Report in Algeria

ALGIERS, Algeria , Dec. 31, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has officially released the first sustainability report, Sustainability Report on Serving...

21 days ago - PRNewsWire

Sinopec Completes Construction of China's Largest Petrochemical Industrial Base

Refining Capacity of the Base Surpasses 50 Million Tons per Year NINGBO, China , Dec. 25, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") recently announced the me...

26 days ago - PRNewsWire

Sinopec Unveils Groundbreaking Global and Chinese Energy Forecast, Focusing on 2060 Vision and Industry Development

The Company Also Released the 2025 China Energy & Chemical Industry Development Report BEIJING , Dec. 24, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") unveiled ma...

4 weeks ago - PRNewsWire

China’s Gasoline Demand to Fall Quickly From 2025, Sinopec Says

China’s biggest oil refiner said the country’s gasoline demand had peaked last year and declines would accelerate as the shift to electric vehicles gathers pace.

4 weeks ago - BNN Bloomberg

Sinopec forecasts China's petroleum consumption to peak by 2027

China Petrochemical Corp, or Sinopec, expects China's petroleum consumption to peak by 2027 at no more than 800 million metric tons or 16 million barrels per day, the state energy group said in an out...

4 weeks ago - Reuters

China's First Factory-Based Seawater Hydrogen Production Project Completed at Sinopec Qingdao Refinery

QINGDAO, China , Dec. 18, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") completes China 's first factory-based seawater hydrogen production research project at i...

4 weeks ago - PRNewsWire

Sinopec Receives ISO's Approval for China's First ISO International Technical Specification for Heavy Oil Development

BEIJING , Dec. 11, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has successfully obtained ISO's approval for the Technical Specifications for Multi-element Ther...

5 weeks ago - PRNewsWire

China Petroleum & Chemical Corp (SNPMF) Stock Drops 8.37% on OTC Market

China Petroleum & Chemical Corp (SNPMF) Stock Drops 8.37% on OTC Market

5 weeks ago - GuruFocus

Students prepared to raise their game with the Sinopec-donated training hub

[The content of this article has been produced by our advertising partner.] Funded by Sinopec and after months of planning to engage teachers and students, the brand-new, custom-made Sinopec Training ...

5 weeks ago - South China Morning Post

Aramco, Sinopec break ground on Chinese petchem project

The project is expected to be fully operational by the end of 2030

2 months ago - Zawya

Sinopec, Saudi Aramco start building petrochemical complex in China's Fujian

The project is slated to become operational in 2030

2 months ago - Zawya

Sinopec, Aramco start building petrochemical complex in China's Fujian

Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and petrochemical complex in southeast China's Fujian province.

2 months ago - Reuters

Fostering A Sustainable Future, Sinopec Hosts Multilateral Event on Hydrogen Energy at COP29

BAKU, Azerbaijan , Nov. 15, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) has successfully hosted a multilateral event themed Hydrogen Powering Climate Action: Tow...

2 months ago - PRNewsWire

Sinopec Showcases Green Development Achievements at COP29

BAKU, Azerbaijan , Nov. 14, 2024 /PRNewswire/ -- In a significant move to bolster global climate and environmental governance, China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) presents it...

2 months ago - PRNewsWire

Sinopec's preliminary LNG deal with TotalEnergies likely at 12% oil slope or lower

Chinese state-owned Sinopec's heads of agreement with TotalEnergies for the supply of LNG is likely being discussed at a price of around 12% crude oil slope or lower amid current market conditions, so...

2 months ago - S&P Global Platts

High Yield Oil And Gas Ranked By Relative Quality

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...

2 months ago - Seeking Alpha

Sinopec's First Geothermal Power Production Pilot Project Connects to Grid

XIANYANG, China , Nov. 5, 2024 /PRNewswire/ -- Sinopec Star Co., Ltd., a clean energy subsidiary of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), has received  the grid access permit ...

2 months ago - PRNewsWire

Sinopec Hosts Forum Session at 7th China International Import Expo

US $ 40.9 billion in purchasing contracts signed with 38 partners, bringing the total of seven sessions of CIIE to US $ 285 billion SHANGHAI , Nov. 5, 2024 /PRNewswire/ -- China Petroleum & Chemical C...

2 months ago - PRNewsWire

TotalEnergies Bolsters LNG Presence In China With 15-Year Supply Deal: Details

TotalEnergies SE (NYSE: TTE) shares are trading higher on Monday. The company inked a Heads of Agreement (HoA) with Sinopec to supply 2 million tons of LNG annually over a 15-year period, beginning i...

2 months ago - Benzinga

China's Sinopec signs agreement for 15-yr LNG deal with TotalEnergies

China's state oil and gas major Sinopec Corp said on Monday it has signed Heads of Agreement to buy from TotalEnergies two million metric tons of liquefied natural gas a year for 15 yrs starting 2028.

2 months ago - Reuters