China Petroleum & Chemical Corporation (SHA: 600028)
China
· Delayed Price · Currency is CNY | Market Cap | 716.45B |
| Revenue (ttm) | 3.11T |
| Net Income (ttm) | 49.36B |
| Shares Out | n/a |
| EPS (ttm) | 0.41 |
| PE Ratio | 14.51 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 132,952,415 |
| Open | 6.47 |
| Previous Close | 6.46 |
| Day's Range | 6.38 - 6.48 |
| 52-Week Range | 5.15 - 7.64 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Mar 21, 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]
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
China's oil consumption is set to peak by 2027, state-run Sinopec says
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.
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...
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...
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...
China Petroleum & Chemical Corp (SNPMF) Stock Drops 8.37% on OTC Market
China Petroleum & Chemical Corp (SNPMF) Stock Drops 8.37% on OTC Market
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 ...
Aramco, Sinopec break ground on Chinese petchem project
The project is expected to be fully operational by the end of 2030
Sinopec, Saudi Aramco start building petrochemical complex in China's Fujian
The project is slated to become operational in 2030
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.
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...
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...
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...
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...