|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||5.470 - 5.570|
|52 Week Range||5.400 - 6.570|
|PE Ratio (TTM)||12.88|
|Forward Dividend & Yield||0.23 (4.09%)|
|1y Target Est||N/A|
If history is any guide, investors in China’s biggest oil companies may lose out as a record $35 billion in cash is tapped for a fresh round of deals, according to Sanford C. Bernstein & Co. LLC.
Let's see if China Petroleum & Chemical Corporation (SNP) stock is a good choice for value-oriented investors right now from multiple angles.
Stone Energy's (SGY) merger with Talos Energy will create a leading exploration and production firm with extensive operations in offshore resources.
The Zacks Analyst Blog Highlights: China Petroleum & Chemical, Canon, PetroChina, POSCO and Wipro
On the surface, U.S.-China deals worth billions of dollars look like a win for America Inc. during President Donald Trump’s visit to Beijing. But there is a catch.
Rapid improvement in the global economy, encouraging earnings and soft monetary policies have been boosting Asia's stocks over the current year.
The headline number is impressive: A quarter-trillion dollars worth of deals from China that President Donald Trump can use to show he’s creating opportunities for U.S. businesses and jobs for his base....
The Zacks Analyst Blog Highlights: Ecopetrol, Hess Midstream Partners, China Petroleum & Chemical, Noble Midstream Partners and EOG Resources
The Beijing-based company said it had profit of $1.39 per share. Earnings, adjusted to account for extraordinary items, were $1.31 per share. The energy and chemical company posted revenue of $86.8 billion ...
Newly assertive party members arrange lectures, proudly display hammer-and-sickle insignia at their desks and are praised as exemplary workers. Western executives worry about the creeping influence of ...
Representatives from about 40 companies are expected to accompany President Donald Trump on the first presidential trade mission to China Nov. 8-10 and sign deals for billions of dollars in U.S. investments....
BEIJING/MOSCOW (Reuters) - As part of its recent $9.1 billion investment in Russian oil giant Rosneft (ROSN.MM), little-known CEFC China Energy will have access to up to 260,000 barrels per day (bpd) of Russian oil - giving it the sort of market clout to potentially challenge dominant Western oil traders like Vitol. For China, the world's top crude importer, having access to Russian oil would be a big step towards its ambition to create a globally integrated oil supply chain. The CEFC deal comes in parallel to a Chinese offer to buy a 5 percent stake in Saudi Aramco, the world's biggest crude oil exporter.
Hong Kong’s market for initial public offerings is heading for its worst year since 2012 as a combined $20 billion of megadeals are being pushed to next year.
DUBAI/LONDON (Reuters) - China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world's biggest oil producer on the stock market. Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal, industry sources told Reuters. The companies are part of a state-run consortium including China's sovereign wealth fund, the sources say.
SINGAPORE/NEW YORK (Reuters) - Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit U.S. demand for the commodity at a time of rising production in the country. As many as 11 tankers, partly or fully laden with U.S. crude, are due to arrive in Asia in November, with another 12 to load oil in the United States later in October and November before sailing for Asia, according to shipping sources and data on Thomson Reuters Eikon.