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China Petroleum & Chemical Corp (0386.HK)

0386.HK on Hong Kong Stock

6.11HKD
18 Apr 2019
Change (% chg)

HK$-0.05 (-0.81%)
Prev Close
HK$6.16
Open
HK$6.18
Day's High
HK$6.19
Day's Low
HK$6.09
Volume
99,528,237
Avg. Vol
108,807,300
52-wk High
HK$8.35
52-wk Low
HK$5.37

About

China Petroleum & Chemical Corporation is a China-based energy and chemical company. The Company's segments include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. Exploration and Development segment explores and develops oil fields,... (more)

Overall

Beta: 1.19
Market Cap(Mil.): HK$810,764.00
Shares Outstanding(Mil.): 121,071.20
Dividend: 0.12
Yield (%): 5.53

Financials

  0386.HK Industry Sector
P/E (TTM): 11.04 22.46 16.03
EPS (TTM): 0.53 -- --
ROI: 7.84 7.56 10.69
ROE: 7.76 10.06 13.91

Shell enters China's shale oil scene with joint study with Sinopec

SINGAPORE Royal Dutch Shell has entered China's shale oil sector, signing an agreement with state-owned Sinopec to study an East China block, part of the nation's early efforts to unlock the potentially massive unconventional resource.

Apr 08 2019

UPDATE 1-Shell enters China's shale oil scene with joint study with Sinopec

* Shell, Sinopec to jointly study East China's Dongying trough

Apr 08 2019

RPT-China's Sinopec dials back oil-purchase strategy after record Q4 loss -sources

* Oil-purchase strategy blamed for record Q4 loss of $700 mln

Apr 02 2019

China's Sinopec dials back oil-purchase strategy after record Q4 loss -sources

* Oil-purchase strategy blamed for record Q4 loss of $700 mln

Apr 02 2019

China's Sinopec dials back oil-purchase strategy after record fourth-quarter loss: sources

SINGAPORE China's Sinopec Corp has ended a five-year crude oil purchasing strategy to rein in the speculative derivatives activity of its trading arm Unipec after a record trading loss late last year, four people with direct knowledge of the matter told Reuters. Sinopec, Asia's largest crude oil buyer and its largest refiner, in January abandoned a buying formula used since 2014 to establish performance targets for Unipec and aimed at driving down its crude feedstock costs to a p

Apr 02 2019

UPDATE 1-Papua New Guinea LNG project to supply Sinopec unit

April 2 The ExxonMobil operated Papua New Guinea LNG project has agreed a deal to supply liquified natural gas (LNG) to a unit of China Petroleum & Chemical Corp , Australia's Santos, a partner in the project, said on Tuesday.

Apr 01 2019

Papua New Guinea LNG project to supply Sinopec unit

April 2 The ExxonMobil operated Papua New Guinea LNG project has agreed a deal to supply liquified natural gas (LNG) to a unit of China Petroleum & Chemical Corp , Australia's Santos, a partner in the project, said on Tuesday.

Apr 01 2019

Breakingviews - China’s majors fill up on gas at the right time

HONG KONG (Reuters Breakingviews) - China’s oil majors are filling up at the right time. PetroChina’s losses on gas imports swelled last year, thanks to low rates at home. Yet the $200 billion behemoth and rivals are preparing to buy more liquefied natural gas from the United States anyway. It’s a good way to help defuse trade tension, of course. More importantly, the purchases can lock in supply before an expected shortfall.

Mar 25 2019

Breakingviews - China’s majors fill up on gas at the right time

HONG KONG (Reuters Breakingviews) - China’s oil majors are filling up at the right time. PetroChina’s losses on gas imports swelled last year, thanks to low rates at home. Yet the $200 billion behemoth and rivals are preparing to buy more liquefied natural gas from the United States anyway. It’s a good way to help defuse trade tension, of course. More importantly, the purchases can lock in supply before an expected shortfall.

Mar 25 2019

UPDATE 1-China's Sinopec lifts upstream capex to four-year high, plans record crude runs

* Q4 profits dampened by trading arm losses (Adds detail, background)

Mar 24 2019

Earnings vs. Estimates