- Barrons.com•10 days ago
PetroChina (857.Hong Kong/PTR) has underperformed CNOOC (883.Hong Kong/CEO) by 26 percentage points, even as oil prices recovered, over the past two years. The bank has a new price target of 8.45 Hong Kong dollars, promising another 37% upside. As China's largest natural gas producer, investors have been worried about the negative impact government imposed gas price cuts would have on PetroChina's profit margins.
- Bloomberg•16 days ago
Hong Kong stocks climbed the most in two months as China Shenhua Energy Co. and PetroChina Co. led gains by energy companies and insurers rallied.
- Barrons.com•17 days ago
According to our analysis, stocks are pricing in an oil price of US$55-60/bbl which is consistent with the long end of the curve (which is now flat). While some may feel they have missed the rally, we see a further 20% to 30% upside in some stocks as our oil price thesis plays out.
601857.SS : Summary for PETROCHINA CO 'A'CNY1 - Yahoo Finance
Shanghai - Shanghai Delayed Price. Currency in CNY
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|Day's Range||8.40 - 8.48|
|52 Week Range||6.99 - 8.70|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|