SNP - China Petroleum & Chemical Corporation

NYSE - NYSE Delayed Price. Currency in USD
83.73
+1.67 (+2.04%)
At close: 4:02PM EST
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Previous Close82.06
Open84.36
Bid70.00 x 1000
Ask100.00 x 900
Day's Range82.77 - 84.51
52 Week Range69.60 - 105.61
Volume209,618
Avg. Volume179,870
Market Cap95.329B
Beta (3Y Monthly)1.53
PE Ratio (TTM)10.21
EPS (TTM)8.20
Earnings DateN/A
Forward Dividend & Yield8.63 (10.26%)
Ex-Dividend Date2018-09-05
1y Target Est114.62
Trade prices are not sourced from all markets
  • 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).

  • Buyers of Iranian Oil to Get Waivers: Sanctions Wrap
    Bloomberg13 days ago

    Buyers of Iranian Oil to Get Waivers: Sanctions Wrap

    (Bloomberg) -- With fewer than three days to go until U.S. sanctions hit Iran’s oil exports, Donald Trump’s administration is offering waivers to eight buyers of the Persian Gulf state’s barrels – effectively allowing them to continue some form of purchases.

  • GlobeNewswire13 days ago

    Report: Developing Opportunities within General Electric, Arch Capital Group, China Petroleum & Chemical, Alexion Pharmaceuticals, GAIN Capital, and Sony — Future Expectations, Projections Moving into 2018

    NEW YORK, Nov. 02, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • 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.

  • 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.

  • 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.

  • GlobeNewswire2 months ago

    New Research: Key Drivers of Growth for Physicians Realty Trust, AppFolio, Adient, CubeSmart, China Petroleum & Chemical, and Ocean Rig UDW — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...

  • Sinopec's New Refinery in Alberta to Help Local Producers
    Zacks2 months ago

    Sinopec's New Refinery in Alberta to Help Local Producers

    A new refinery of Sinopec (SNP), with a daily processing capacity of 167,000 barrels of diluted bitumen, will be built in Alberta.

  • Moody's2 months ago

    Sinopec Group Overseas Development (2018) Ltd -- Moody's assigns A1 rating to Sinopec's guaranteed notes

    Moody's Investors Service has assigned an A1 senior unsecured rating to the USD senior unsecured notes to be issued by Sinopec Group Overseas Development (2018) Limited and guaranteed by its parent, China Petrochemical Corporation (Sinopec Group, A1 stable). The A1 rating on the notes reflects the irrevocable and unconditional guarantee from Sinopec Group. Sinopec Group's A1 issuer rating incorporates its baseline credit assessment (BCA) of a3 and Moody's expectation of a very high level of support from the Government of China (A1, stable), based on Sinopec Group's very high strategic importance to the Chinese economy, its government ownership, the good track record of support from the government, and reputational risks for the government should the company default.

  • 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.

  • 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 ...

  • 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 ...

  • Reuters3 months ago

    BRIEF-Sinopec's Controlling Shareholder To Reduce Holdings In The Company After Share Transfer Deal

    Aug 9 (Reuters) - China Petroleum & Chemical Corp : * SAYS CONTROLLING SHAREHOLDER PLANS TO TRANSFER 2.48 BILLION A-SHARES IN THE COMPANY TO TWO INVESTMENT FIRMS * SAYS CONTROLLING SHAREHOLDER'S HOLDING ...

  • South African Antitrust Group Granted Extension on Chevron Deal
    Bloomberg3 months ago

    South African Antitrust Group Granted Extension on Chevron Deal

    South Africa’s Competition Commission was granted an extension of 15 working days to consult on a proposed deal in which a black-investor group backed by Glencore Plc would buy Chevron Corp.’s assets in southern Africa. The merging parties -- Off The Shelf Investments Fifty Six Pty Ltd. and Chevron South Africa Pty Ltd. -- opposed the extension application to the Competition Tribunal. Off The Shelf’s investors own the 25 percent of the southern African business that Chevron doesn’t.

  • Oilprice.com4 months ago

    PetroChina Sees Huge Boost In Profit

    Though oil majors are constantly cutting costs, boosting production and exploration, the real rise or fall in profits and revenue are largely dictated by crude prices