China Petroleum & Chemical Corporation (SNP)
Market Cap | 75.50B |
Revenue (ttm) | 458.64B |
Net Income (ttm) | 12.00B |
Shares Out | 1.45B |
EPS (ttm) | 9.40 |
PE Ratio | 5.52 |
Forward PE | 6.18 |
Dividend | $4.19 (8.08%) |
Ex-Dividend Date | Jun 8, 2022 |
Volume | 206,721 |
Open | 51.63 |
Previous Close | 51.16 |
Day's Range | 51.63 - 52.40 |
52-Week Range | 40.60 - 55.77 |
Beta | 0.93 |
Analysts | Buy |
Price Target | 55.49 (+6.9%) |
Earnings Date | May 18, 2022 |
About SNP
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 crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes ... [Read more...]
Financial Performance
In 2021, SNP's revenue was 2.74 trillion, an increase of 30.23% compared to the previous year's 2.10 trillion. Earnings were 71.98 billion, an increase of 115.22%.
Financial numbers in millions CNYFinancial StatementsAnalyst Forecast
According to 21 analysts, the average rating for SNP stock is "Buy." The 12-month stock price forecast is 55.49, which is an increase of 6.92% from the latest price.
News

Sinopec (SNP) Jumps 5.1% as Q1 Earnings & Revenues Rise Y/Y
Higher oil and natural gas production and commodity prices aid Sinopec's (SNP) Q1 earnings.

6 High-Yield Dividend Stocks To Buy And Hold In A Volatile Market
During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there ar...

US regulators reportedly are in China for talks about corporate audits as more than 100 companies face stock delistings
A larger team of US auditing regulators may go to China this year to conduct on-site inspections of local auditors, Reuters reported.

7 Undervalued Stocks Ready for a Major Turnaround in 2022
With the broader market in turmoil, the unfortunate dynamic nevertheless leaves opportunities with undervalued stocks to buy. The post 7 Undervalued Stocks Ready for a Major Turnaround in 2022 appeared ...

7 Dividend Stocks to Buy for May With Yields Over 6%
With economic realities forcing many investors to look for passive income, these high-yield dividend stocks to buy are very relevant. The post 7 Dividend Stocks to Buy for May With Yields Over 6% appear...

7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More
One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector. Oil, natural gas and coal prices have soared as the war in Ukraine combined with surgi...

China Petroleum & Chemical Corporation Files 2021 Annual Report on Form 20-F
NEW YORK, NY / ACCESSWIRE / April 28, 2022 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (NYSE:SNP)(HKEX:00386)(SSE:600028) announced today that its Form 20-F for the fisca...

Sinopec Achieved Good Performance in 2022 Q1 Net Profit Reached RMB 23.3 Billion, Up by 24.3% yoy
BEIJING, CHINA / ACCESSWIRE / April 27, 2022 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its unaudited first quarterly re...

Sinopec (SNP) 2021 Earnings Increase on Recovered Fuel Demand
Recovery in demand for refined oil products, natural gas and chemical products aids Sinopec's (SNP) 2021 earnings.

Sinopec (SNP) Discontinues Talks to Invest in Russia Projects
Sinopec (SNP) sees no immediate risk of impairment of its Russia assets amid the Russia-Ukraine crisis.

Sinopec Achieved 10-year Record High Performance Focus on Shareholder Returns with H-share Annualized Dividend Yield ...
BEIJING, CHINA / ACCESSWIRE / March 27, 2022 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its annual results for the twelv...

China's Sinopec plans its biggest capital expenditure in history
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing's call for energy co...

China Petro&Chm (SNP) Upgraded to Buy: What Does It Mean for the Stock?
China Petro&Chm (SNP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Down 18% in 4 Weeks, Here's Why You Should You Buy the Dip in China Petro&Chm (SNP)
The heavy selling pressure might have exhausted for China Petro&Chm (SNP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analys...

4 Low Price-Book Ratio Stocks
Screening for stocks with market caps over $10 billion and price-book ratios under 1.5 could provide a good starting place to value investors as they seek to spot opportunities amid the myriad of U.S.-l...

Dow Jones Newswires: Shares of Chinese oil companies rise, fueled by higher crude prices
Shares of Chinese oil companies gained in morning trade, fueled by the rise in crude oil prices amid worries that Russia's invasion of Ukraine will result in severe disruptions to global supply.
7 High-Yield Dividend Stocks That Can More Than Cover Their Dividend Payments
These dividend stocks have yields at least 4.5% or greater and can cover the dividend payments out of earnings by 2 times or more. The post 7 High-Yield Dividend Stocks That Can More Than Cover Their Di...

3 US-Listed Chinese Value Stocks to Consider
The Hang Seng Index of China-based equities is rebounding a bit after one solid year of steady selling. From about 31,000 in early 2021 down to 23,000 by the beginning of 2022, that's a 25% drop.

Global 2021 Oil and Gas Finds to Hit Rock-Bottom in Decades
Despite the significant finds by XOM, HES and SNP, global 2021 oil and gas discoveries are likely to hit the lowest level in 75 years if no significant discoveries are unearthed in the next few days.

US Energy vs. China Energy: A Comparative Analysis of Business Quality
In light of the U.S. and China announcing a landmark deal to accelerate cooperation on climate change, GuruFocus' Stock Comparison Table allows Premium members to compare financial strength and profitab...

Sinopec (SNP) Slides Slightly After Earnings Decline in Q3
Sinopec's (SNP) lower Q3 earnings were owing to a decline in crude production in the overseas market. This was offset partially by higher commodity prices and throughput volumes.

Why China Petro&Chm (SNP) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does China Petro&Chm (SNP) have what it takes?

Sinopec's Net Profit for First Three Quarters 2021 Reached RMB 60.755 Billion; Achieved Good performance in Operation...
HONG KONG, CHINA / ACCESSWIRE / October 28, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:00386; SSE: 600028; NYSE:SNP)today announced its unaudited results for ...

Can Sinopec's (SNP) Fuling Field Help Meet Mounting Demand?
Sinopec's (SNP) Fuling Shale Gas Field currently produces 20 million cubic meters of natural gas per day.

Are You Looking for a High-Growth Dividend Stock? China Petro&Chm (SNP) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does China Petro&Chm (SNP) have what it takes?