|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||76.79 - 78.03|
|52 Week Range||62.66 - 85.02|
|PE Ratio (TTM)||25.97|
|Forward Dividend & Yield||1.36 (1.82%)|
|1y Target Est||96.65|
Aug.30 -- China's biggest oil and gas producer reported its best six-monthly profit in more than three years. PetroChina wrapped up interim earnings for the mainland's big oil companies by reporting a 114% surge in net income, rewarding shareholders with a higher-end "lucky" payout. Bloomberg's Aibing Guo reports on "Bloomberg Daybreak: Asia."
In the previous part, we discussed the institutional holdings in Royal Dutch Shell (RDS.A). Now, we’ll discuss the short interest in Shell.
Since July 2, the implied volatility in Royal Dutch Shell (RDS.A) has fallen by three percentage points to the current level of 17%. During the same period, Shell stock has declined 7%.
In the previous part, we discussed Royal Dutch Shell’s (RDS.A) stock performance, which has fallen 7% in the third quarter. Now, we’ll discuss Shell’s moving average trend in the current quarter. We’ll also discuss the company’s moving averages in the first and second quarter.
Royal Dutch Shell (RDS.A) stock has fallen 7% in the third quarter due to lower oil prices. WTI, the benchmark oil, has fallen 6% in the third quarter. However, the markets have risen. The SPDR S&P 500 ETF, which is a broader market indicator, has increased 6% in the third quarter.
Could China’s oil and gas industry be on the brink of a revolution? The introduction of drill-it-or-lose-it rules and a possible extension of subsidies for unconventional gas output could end up dismembering sprawling industry leader PetroChina Co. and creating a new sector of independent upstream producers like those that have transformed the U.S. energy industry over the past decade, according to Laban Yu, a Hong Kong-based analyst at Jefferies LLC. China overtook the U.S. as the world’s largest importer of crude last year, a headache for a country that’s long fretted about its dependence on imported raw materials.
On reclaimed land on the island of Changxin near the port of Dalian, workers are putting the finishing touches on a plant that is the future of China's refining and petrochemical industry. Here, private chemical company Hengli Group will begin testing its $11 billion oil refinery and petrochemical complex in October. The plant is a direct challenge to China National Petroleum Corp's (CNPC) Dalian Petrochemical Corp facility, the country's second-largest oil refinery.
PetroChina Co. signed a deal with Qatargas Operating Co. to purchase 3.4 million tons of liquefied natural gas annually, the Chinese company’s biggest supply deal, amid a brewing trade war with the U.S. that threatens to stifle the Asian nation’s purchases of American fuel. Under the 22-year agreement, Qatargas will supply LNG from the Qatargas 2 project, a joint venture between Qatar Petroleum, Exxon Mobil Corp. and Total SA, state-controlled Qatargas said in a statement Monday.
Investors who want to cash in on PetroChina Company Limited’s (HKG:857) upcoming dividend of CN¥0.10 per share have only 4 days left to buy the shares before its ex-dividend date,Read More...
China's environmental watchdog said a section of PetroChina's fuel pipeline passing through Hebei has encroached on a nature reserve in the northern part of the province.
In the previous part of this series, we saw that Chevron (CVX) stock has fallen 4% in the current quarter. Now let’s look at Chevron’s moving averages trend this quarter. But first, let’s briefly review how moving averages trended in 2018.
SHANGHAI/BEIJING (Reuters) - Workers with two state-owned Chinese oil developers fought with sticks, shovels and Molotov cocktails in a dispute over prospecting rights in the northwest province of Shaanxi, the state-run tabloid Global Times reported late on Monday. Local police have begun an investigation into an "escalating dispute" between PetroChina Changqing Oilfield Company, a subsidiary of China's biggest oil and gas producer PetroChina, and Shaanxi Yanchang Petroleum Group, which is owned by the provincial government, the paper reported. The gas field is run by PetroChina Changqing but the local government also granted drilling rights in the area to Yanchang Petroleum earlier this year, the Chongqing Morning Post newspaper reported on Sunday.
China’s largest oil & gas producer PetroChina is doubling down on natural gas production, planning to raise it at a fast pace as its imports continue to soar
, Asia’s largest energy company, still seems to have the summer blues. One explanation could be that what PetroChina—the listed part of China’s largest state-owned oil and natural-gas producer—is doing well, its two big state-owned rivals are doing even better. Sinopec, China’s refining heavyweight, posted its best ever half-year results earlier this month.
China's biggest oil and gas producer reported its best six-monthly profit in more than three years. PetroChina wrapped up interim earnings for the mainland's big oil companies by reporting a 114% surge ...
Second-quarter profit at PetroChina Co , China's largest oil and gas producer, more than doubled from a year earlier to 16.94 billion yuan (1.91 billion pounds) , according to Reuters' calculations based on first-half results released on Thursday. For the first half, net income rose 114 percent from the same period last year to 27.09 billion yuan, a company filing to the Shanghai Exchange showed. The company reported profit in the first quarter of 10.15 billion yuan in April.
PetroChina Co. is rewarding shareholders with a higher -- and symbolic -- payout after its best half-year profit in more than three years. The nation’s biggest oil and gas producer raised total dividends for the first six months by almost one-third to 0.0888 yuan per share. The lucky payout -- eight is widely considered an auspicious number in China like seven is in the U.S. -- rounds out a banner earnings season for China’s three oil majors as crude’s rally allowed them to return more money to shareholders.
Petrochina is trying to reduce the impact of import tariffs on US petrochemicals imposed by Beijing earlier this month.