China Petroleum & Chemical Corporation (SNP)

NYSE: SNP · IEX Real-Time Price · USD
51.90
0.74 (1.45%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap75.50B
Revenue (ttm)458.64B
Net Income (ttm)12.00B
Shares Out1.45B
EPS (ttm)9.40
PE Ratio5.52
Forward PE6.18
Dividend$4.19 (8.08%)
Ex-Dividend DateJun 8, 2022
Volume206,721
Open51.63
Previous Close51.16
Day's Range51.63 - 52.40
52-Week Range40.60 - 55.77
Beta0.93
AnalystsBuy
Price Target55.49 (+6.9%)
Earnings DateMay 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 ...

IndustryOil, Gas & Consumable Fuels
IPO DateOct 19, 2000
Employees385,691
Stock ExchangeNYSE
Ticker SymbolSNP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$55.49
(6.92% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

1 week ago - Zacks Investment Research

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1 week ago - Benzinga

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.

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2 weeks ago - Business Insider

7 Undervalued Stocks Ready for a Major Turnaround in 2022

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2 weeks ago - InvestorPlace

7 Dividend Stocks to Buy for May With Yields Over 6%

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3 weeks ago - Benzinga

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...

3 weeks ago - Accesswire

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...

4 weeks ago - Accesswire

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Accesswire

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...

Other symbols:SHI
1 month ago - Reuters

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.

2 months ago - Zacks Investment Research

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...

2 months ago - Zacks Investment Research

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...

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2 months ago - GuruFocus

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.

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2 months ago - Market Watch

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...

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3 months ago - InvestorPlace

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.

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3 months ago - GuruFocus

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.

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4 months ago - Zacks Investment Research

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...

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6 months ago - GuruFocus

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.

6 months ago - Zacks Investment Research

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?

6 months ago - Zacks Investment Research

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 ...

6 months ago - Accesswire

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.

7 months ago - Zacks Investment Research

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?

7 months ago - Zacks Investment Research