SNP - China Petroleum & Chemical Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
80.27
-2.64 (-3.19%)
As of 1:06PM EDT. Market open.
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Previous Close82.91
Open80.20
Bid80.00 x 1200
Ask80.12 x 3000
Day's Range79.50 - 80.31
52 Week Range69.60 - 105.61
Volume94,190
Avg. Volume163,455
Market Cap95.404B
Beta (3Y Monthly)1.37
PE Ratio (TTM)9.79
EPS (TTM)8.20
Earnings DateN/A
Forward Dividend & Yield8.63 (10.61%)
Ex-Dividend Date2018-09-05
1y Target Est116.53
Trade prices are not sourced from all markets
  • Oil Falls After U.S. Stockpiles Swell for Fourth Straight Week
    Bloomberg6 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.

  • Reuters25 days 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.

  • GlobeNewswire27 days 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
    Zackslast month

    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.

  • Reuters2 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 Press2 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
    Bloomberg2 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
    Bloomberg2 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 Newswire2 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" ...

  • Reuters2 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 ...

  • Reuters2 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.com3 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

  • The Zacks Analyst Blog Highlights: JinkoSolar, Hollysys, Woori and China Petroleum
    Zacks3 months ago

    The Zacks Analyst Blog Highlights: JinkoSolar, Hollysys, Woori and China Petroleum

    The Zacks Analyst Blog Highlights: JinkoSolar, Hollysys, Woori and China Petroleum

  • Asia's Growth to Remain Steady Despite Trade War: 4 Picks
    Zacks3 months ago

    Asia's Growth to Remain Steady Despite Trade War: 4 Picks

    The most recent report by the ADB indicates that Asia would remain largely unaffected by impacts of the trade war.

  • ExxonMobil's PNG LNG Inks 3-Year Supply Deal With PetroChina
    Zacks3 months ago

    ExxonMobil's PNG LNG Inks 3-Year Supply Deal With PetroChina

    ExxonMobil's (XOM) LNG project in Papua New Guinea is likely to increase production volume to 7 million tons per year.

  • China Sits on the World's Biggest Shale Gas Prize. Pumping It Out Is the Hard Part
    Bloomberg3 months ago

    China Sits on the World's Biggest Shale Gas Prize. Pumping It Out Is the Hard Part

    China’s shale gas industry began with a long shot. Guo Xusheng, a stout and affable chief geologist at a unit of China Petroleum & Chemical Corp., persuaded his bosses in 2009 to give him about $3 million to drill deeper than anyone had before in southwestern China. For Sinopec, as the company is known, the shale boom in the U.S. convinced them that Guo’s plan was worth a try.

  • Here's Why Investors Should Scoop Up BP Stock Right Away
    Zacks3 months ago

    Here's Why Investors Should Scoop Up BP Stock Right Away

    BP's diverse portfolio of upstream projects and investments in alternative energy continue to drive cash flow.

  • Eni Discovers Light Oil the Second Time in South West Meleiha
    Zacks3 months ago

    Eni Discovers Light Oil the Second Time in South West Meleiha

    Eni's (E) second light oil discovery on B-1X establishes high exploration and production prospects in the Faghur Basin.

  • ExxonMobil Awaits Government's Nod for Rovuma LNG Project
    Zacks3 months ago

    ExxonMobil Awaits Government's Nod for Rovuma LNG Project

    ExxonMobil (XOM) to undertake construction and operation of natural gas liquefaction and associated facilities in the Rovuma LNG Project.

  • Enbridge (ENB) to Divest Natural Gas G&P Units, Raise $4.3B
    Zacks4 months ago

    Enbridge (ENB) to Divest Natural Gas G&P Units, Raise $4.3B

    Enbridge's (ENB) assets in the divestment have a total capacity of 3.3 Bcf/day and 3,550 kilometer of natural gas gathering pipelines.

  • BP Brings Shah Deniz 2 Gas Development Online in Azerbaijan
    Zacks4 months ago

    BP Brings Shah Deniz 2 Gas Development Online in Azerbaijan

    Shah Deniz 2, BP's largest upstream project in 2018, will help the company reach production target of 900,000 barrels of oil by 2021.

  • Hess (HES) to Divest Interest in Utica Shale Play for $400M
    Zacks4 months ago

    Hess (HES) to Divest Interest in Utica Shale Play for $400M

    Hess' (HES) agreement to sell joint venture interest of Utica shale play is in sync with the strategy to focus on profitable projects which will boost prospects.