0386.HK - China Petroleum & Chemical Corporation

HKSE - HKSE Delayed Price. Currency in HKD
6.580
+0.070 (+1.08%)
At close: 4:08PM HKT
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Previous Close6.510
Open6.510
Bid6.570 x 0
Ask6.580 x 0
Day's Range6.440 - 6.590
52 Week Range5.400 - 8.350
Volume68,717,493
Avg. Volume115,669,740
Market Cap743.237B
Beta (3Y Monthly)1.15
PE Ratio (TTM)12.97
EPS (TTM)0.507
Earnings DateN/A
Forward Dividend & Yield0.67 (10.14%)
Ex-Dividend Date2018-09-03
1y Target Est8.77
  • Sinopec (SNP) Q3 Earnings Miss Estimates, Revenues Rise Y/Y
    Zacks6 days ago

    Sinopec (SNP) Q3 Earnings Miss Estimates, Revenues Rise Y/Y

    Increased refinery throughput volumes and higher oil and natural gas prices support Sinopec's (SNP) Q3 numbers.

  • Why Sinopec (SNP) is Such a Great Value Stock Pick Right Now
    Zacks6 days ago

    Why Sinopec (SNP) is Such a Great Value Stock Pick Right Now

    Sinopec (SNP) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

  • Time to Focus on China Petroleum & Chemical (SNP) for Strong Earnings Growth Potential
    Zacks7 days ago

    Time to Focus on China Petroleum & Chemical (SNP) for Strong Earnings Growth Potential

    If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider China Petroleum & Chemical (SNP).

  • Simply Wall St.13 days ago

    Should China Petroleum & Chemical Corporation (HKG:386) Be Your Next Stock Pick?

    I’ve been keeping an eye on China Petroleum & Chemical Corporation (HKG:386) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, Read More...

  • Associated Press15 days ago

    China Petro&Chm: 3Q Earnings Snapshot

    The Beijing-based company said it had profit of $2.22 per share. Earnings, adjusted to account for extraordinary items, came to $2.11 per share. The energy and chemical company posted revenue of $113.57 ...

  • PR Newswire16 days ago

    Sinopec Corp's Net Profit for 9M 2018 Surges 52.7% Y-o-Y to RMB 60.1 billion

    Improved Performance in Four Core Business Segments with Remarkable Cost Savings and Efficiency Enhancement BEIJING , Oct. 30, 2018 /PRNewswire/ --  China Petroleum & Chemical Corporation ("Sinopec ...

  • PR Newswire16 days ago

    Sinopec Corp's Net Profit for 9M 2018 Surges 52.7% Y-o-Y to RMB 60.1 billion

    Improved Performance in Four Core Business Segments with Remarkable Cost Savings and Efficiency Enhancement BEIJING , Oct. 30, 2018 /PRNewswire/ --  China Petroleum & Chemical Corporation ("Sinopec ...

  • Reuters17 days ago

    Germany's BASF scoops second China chemicals deal in four months

    Chemical giant BASF (BASFn.DE) said on Monday it had signed a memorandum of understanding (MoU) with China's Sinopec Corp to build a steam cracker in east China, the second major investment pledged by the German firm in four months. China, the world's top chemicals consumer, is allowing greater access by global majors and local independents to its massive chemicals market to feed plastics, coatings and adhesives to the fast-growing consumer electronics and automotive sectors, as well as polyesters for clothing. According to the MoU, BASF-YPC, the German group's joint venture with Sinopec in Nanjing, will invest in a 50 percent stake in the new cracker.

  • Reuters17 days ago

    Germany's BASF scoops second China chemicals deal in four months

    Chemical giant BASF said on Monday it had signed a memorandum of understanding (MoU) with China's Sinopec Corp to build a steam cracker in east China, the second major investment pledged by the German firm in four months. China, the world's top chemicals consumer, is allowing greater access by global majors and local independents to its massive chemicals market to feed plastics, coatings and adhesives to the fast-growing consumer electronics and automotive sectors, as well as polyesters for clothing.

  • Sinopec Expects Nearly 57% Rise in Profit for First Nine Months 2018
    Investing.com28 days ago

    Sinopec Expects Nearly 57% Rise in Profit for First Nine Months 2018

    Investing.com – Shares of China Petroleum & Chemical Corp Class H (HK:0386) (Sinopec) dropped 3.39% to HK$6.56 in Hong Kong on Thursday even after the company announced that it expected significant profit increases for the first nine months of the year.

  • Asian Markets Fall After Fed Minutes; Shanghai Stocks Down More Than 2%
    Investing.com28 days ago

    Asian Markets Fall After Fed Minutes; Shanghai Stocks Down More Than 2%

    Investing.com - Asian markets were mostly lower in afternoon trade on Thursday after the U.S. Federal Reserve officials indicated the central bank is staying the course on rate hikes.

  • Oil Falls After U.S. Stockpiles Swell for Fourth Straight Week
    Bloomberg29 days ago

    Oil Falls After U.S. Stockpiles Swell for Fourth Straight Week

    Futures fell 3 percent in New York on Wednesday. Domestic crude inventories rose by more than twice the rate forecast by analysts last week, according to the Energy Information Administration. Stockpiles also swelled at the nation’s key storage hub in Oklahoma to the highest since June.

  • Simply Wall St.last month

    Who Really Owns China Petroleum & Chemical Corporation (HKG:386)?

    Every investor in China Petroleum & Chemical Corporation (HKG:386) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it’s not unusual Read More...

  • Reuters2 months ago

    China's Sinopec halves Iran oil loadings under U.S. pressure: sources

    BEIJING/SINGAPORE (Reuters) - China's Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from Washington to comply with a U.S. ban on Iranian oil from November, said people with knowledge of the matter. The sources did not specify volumes, but based on the prevailing supply contract between the top Chinese refiner and the National Iranian Oil Company (NIOC), its loadings would be reduced to about 130,000 barrels per day (bpd). This would be 20 percent of China's average daily imports from Iran in 2017, dealing a blow to Tehran, which has counted its top oil client to maintain imports while European and other Asian buyers wind down purchases to avoid U.S. sanctions.

  • Reuters2 months ago

    World oil demand, refining growth to peak in 2035 - Unipec

    World oil demand will peak at 104.4 million barrels per day (bpd) in the mid-2030s, up from just below 100 million bpd currently, as new technologies gradually eat into oil use, China's Unipec said on Monday. Improved energy efficiency and technological changes, including the rise of renewables, meant global oil demand growth would slow in coming years before peaking in 2035, Unipec President Chen Bo told the annual Asia Pacific Petroleum Conference (APPEC). This in turn will slow growth in global oil refining capacity, which is set to hit 5.6 billion tonnes per year in 2035, he said.

  • Reuters3 months ago

    After summer of discontent, China's teapot refineries ramp up oil imports

    China's independent refiners have ramped up their foreign oil buying after returning from prolonged summer maintenance to gear up for rising winter fuel demand, a sign that the financial pain from taxes and higher crude prices have ebbed for now. The pick-up in imports by private refiners, often called "teapots", has boosted the physical prices of Middle Eastern and Russian oil to their highest in months. The independents imported 6 million tonnes, or 1.4 million barrels per day (bpd) of crude in August, up 40 percent from July and 10 percent higher from the same period last year, Thomson Reuters Oil Research and Forecasts data showed.

  • Sinopec’s Half Year Profit Hit Record High; Raises Dividend Payout
    Investing.com3 months ago

    Sinopec’s Half Year Profit Hit Record High; Raises Dividend Payout

    Investing.com - Hong Kong-listed China Petroleum & Chemical Corp (HK:0386) (Sinopec), China’s largest refiner, posted its best half year profit on strong upstream and refining business, and said it expects higher fuel sales in the second half.

  • Associated Press3 months ago

    China Petro&Chm: 2Q Earnings Snapshot

    On a per-share basis, the Beijing-based company said it had net income of $3.06. Earnings, adjusted to account for extraordinary items, came to $2.82 per share. The energy and chemical company posted revenue ...

  • Asian Markets Extend Gains After Powell’s Speech; Yuan in Focus
    Investing.com3 months ago

    Asian Markets Extend Gains After Powell’s Speech; Yuan in Focus

    Investing.com - Asian stocks advanced in afternoon trade on Monday after the U.S. markets rose on Friday following comments by the U.S. Federal Reserve Chairman Jerome Powell.

  • Sinopec Is Planning the Wrong Spinoff
    Bloomberg3 months ago

    Sinopec Is Planning the Wrong Spinoff

    Shareholders in China Petroleum & Chemical Corp., the giant oil refiner known as Sinopec, have little to complain about this year. At the same time, the strength of first-half earnings should remind the company’s new Chairman Dai Houliang how little investors are buying Sinopec’s story. Pure-play refiners such as Reliance Industries Ltd., Phillips 66, Marathon Petroleum Corp., Valero Energy Corp. and S-Oil Corp. typically have valuations at about double that level.

  • PetroChina, Sinopec Need to Significantly Boost Gas Production, Analyst Says
    Bloomberg3 months ago

    PetroChina, Sinopec Need to Significantly Boost Gas Production, Analyst Says

    Neil Beveridge, analyst at Sanford C. Bernstein, talks about Chinese oil companies including China Petroleum & Chemical Corp., known as Sinopec, PetroChina and Cnooc. Sinopec raised its dividend payout ...

  • PR Newswire3 months ago

    Sinopec's Profit for 1H2018 Up 52% with Dividend Payout Surges 60%

    Achieves Growth across All Four Core Business Segments Dividend Payout Reaches Record High of RMB19.37 billion BEIJING , Aug. 26, 2018 /PRNewswire/ --  China Petroleum & Chemical Corporation ("Sinopec" ...

  • Reuters3 months ago

    BRIEF-China Petroleum & Chemical's H1 Net Profit Up 53.6 Percent Y/Y By China Accounting Standards

    Aug 26 (Reuters) - China Petroleum & Chemical Corp : * SAYS H1 NET PROFIT UP 53.6 PERCENT Y/Y BY CHINA ACCOUNTING STANDARDS Source text in Chinese: https://bit.ly/2wfrsk9 Further company coverage: (Reporting ...