China Petroleum & Chemical Corporation (SHA: 600028)
China
· Delayed Price · Currency is CNY | Market Cap | 696.53B |
| Revenue (ttm) | 3.11T |
| Net Income (ttm) | 49.36B |
| Shares Out | n/a |
| EPS (ttm) | 0.41 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 161,139,846 |
| Open | 6.20 |
| Previous Close | 6.23 |
| Day's Range | 6.18 - 6.26 |
| 52-Week Range | 5.15 - 7.64 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 24, 2024 |
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]
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 StatementsNews
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-...
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 ...
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...
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...
TotalEnergies strikes 15-year LNG supply deal with China's Sinopec
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.
China's Sinopec signs agreement for 15-yr LNG deal with TotalEnergies
The deal is a step forward from a strategic alliance the companies agreed in May
Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2024
BEIJING , Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protec...
Sinopec leads 23 firms in China’s US$1.55 billion stock buy-back rush
Firms waste no time answering Beijing’s call to use a relending facility designed to bolster the stock market.
Sinopec says east China shale oil field pumping at 1,600 tons a day
Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 tons in 2021, the state oil and gas group said on Wednesday.
Big Oil Set to Bid in Algerias New Oil and Gas Licensing Round
Algeria is set to soon announce a new oil and gas licensing round in which major international firms, including ExxonMobil and Chevron, are expected to take part. The OPEC members national development...
Sinopec Releases 10 Significant Achievements of High-Quality Development
BEIJING , Oct. 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has released the group's significant achievements in promoting high-quality development and suppor...
East Timor approaches China’s Sinopec over US$65 billion gas project
‘If Australia doesn’t feel like doing it … Then either we talk with the Chinese or the Kuwaitis’, East Timor’s president said.
East Timor talked with Sinopec, other Chinese firms over stalled multi-billion gas project, president says
East Timor has talked with Chinese firms including state-owned Sinopec about developing the stalled Greater Sunrise gas field, President Jose Ramos-Horta said on Wednesday, after disagreements with Au...
Sinopec Awarded Best Environmental Protection Case at First Sino-European Corporate ESG Best Practice Conference
FRANKFURT, Germany--(BUSINESS WIRE)-- #ESG--The ESG case from China's Sinopec, titled "Empowering Green Development, Co-Creating a Zero-Carbon Future," stood out from dozens of entries.
Sinopec Maps A Low-Carbon Roadmap to Promote Green Transformation through Innovation and Industry-Education Cooperation
BEIJING , Sept. 25, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") co-hosted the 2024 Tsinghua University Forum on Carbon Neutral Economy ("the Forum") with Tsinghu...
Nio Enters Charging Agreement With Chinese Oil Giant Sinopec
Nio Inc. (NYSE: NIO) has entered into a charging agreement with Beijing-based oil refiner Sinopec , allowing its drivers to charge across several Sinopec EV chargers across China, the EV maker said o...
China Issues New Fuel Export Quotas for Q4
China has issued fuel export quotas of 9 million tons for the final quarter of the year, Reuters has reported, citing two local commodity consultancies. The bulk of the quotas comprise clean refined f...
Sinopec Wins Best Environmental Protection Case at the First Sino-European Corporate ESG Best Practice Conference in Frankfurt
FRANKFURT, Germany , Sept. 13, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (Sinopec, HKG: 0386) has been honored with the Best Environmental Protection Case award at the First Sino-Eur...
Indonesia's block awards drive exploration across mature, emerging, and frontier areas
The government of Indonesia, via the Ministry of Energy and Mineral Resources, announced on Sept. 3 the award of the first three blocks from the Indonesian Petroleum Bidding Round (IPBR) 1 2024 . The ...
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...
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...
China Petroleum & Chemical reports 1H results
China Petroleum & Chemical reports 1H results
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 ...