SNPMF - China Petroleum & Chemical Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
0.6290
+0.0690 (+12.32%)
At close: 3:20PM EDT
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Previous Close0.5600
Open0.6100
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.5945 - 0.6290
52 Week Range0.5000 - 1.0300
Volume288,462
Avg. Volume61,350
Market Cap93.105B
Beta (3Y Monthly)1.50
PE Ratio (TTM)6.91
EPS (TTM)0.0910
Earnings DateN/A
Forward Dividend & Yield0.06 (10.95%)
Ex-Dividend Date2019-06-03
1y Target Est1.07
Trade prices are not sourced from all markets
  • Oilprice.com

    Will China, Russia Defy U.S. Sanctions To Fund Iranian Oil Projects?

    As U.S. sanctions continue to weigh on Iran’s oil sector, Tehran is courting two countries with a rocky relationship with Washington to secure new investments

  • China's petrochemical expansion to overwhelm Japan, South Korea producers
    Reuters

    China's petrochemical expansion to overwhelm Japan, South Korea producers

    SINGAPORE/TOKYO (Reuters) - A massive surge in China's manufacturing capacity for paraxylene, a petrochemical used to make textile fibres and bottles, could force leading exporters in Japan and South Korea to cut production as early as the second quarter of 2020. China will add about 10 million tones of paraxylene manufacturing capacity from March 2019 to March 2020, according to company reports and officials, that is enough for making 22 trillion 500-millilitre plastic bottles. The world's top consumer of paraxylene (PX), China imports 60% of its need for the chemical to feed polyester demand that has more than doubled since 2010.

  • China refiners curb fuel output after massive new plants stoke glut
    Reuters

    China refiners curb fuel output after massive new plants stoke glut

    SINGAPORE/BEIJING (Reuters) - China's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity. Private refiner Hengli Petrochemical ramped up its 400,000-barrels per day (bpd) plant in northeast China to full capacity in May, while Zhejiang Petrochemical began trial runs around the same time at a similar-sized refinery on the east coast. The swollen surplus of fuel products could also send China's fuel exports surging to new highs and further pinch Asian refining profits.

  • Reuters

    Oil traders sell dirty Russian crude to Asian buyers

    SINGAPORE/MOSCOW (Reuters) - Trading companies Vitol and Unipec are sending around 700,000 tonnes (5.1 million barrels) of contaminated Russian oil to Asia in an attempt to place the barrels rejected by buyers in Europe, according to trading sources and ship tracking data. Vitol has sold its cargo to Chinese independent refiner Bora Group while Unipec is moving the oil to refineries in China owned by its parent company China Petroleum and Chemical Corp (Sinopec), the sources said. The vessels heading to China include the 130,000-tonne Suezmax tanker, Sonangol Rangel, that loaded oil from Denmark's Skaw ship-to-ship transfer area on May 15.

  • Reuters

    BRIEF-China Petroleum & Chemical's 2018 Net Profit Up 23.4 Percent Y/Y

    March 24 (Reuters) - China Petroleum & Chemical Corp : * SAYS 2018 NET PROFIT UP 23.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2U5dOxj Further company coverage: (Reporting by Hong Kong newsroom)...

  • Reuters

    Yum China to open restaurants at Sinopec, CNPC gas stations in China

    Yum China Holdings on Tuesday said it has partnered with Sinopec Corp and China National Petroleum Corporation (CNPC) to open more than 100 franchise restaurants at the oil giants' gas stations in China. Yum China said the partnership aims to open the franchise stores over the next three years, adding that Sinopec and CNPC collectively operate over 50,000 gas stations in the country.

  • Reuters

    Sinopec prepares to buy U.S. LNG in case govt orders purchase: president

    China's Sinopec Corp will make arrangements to purchase liquefied national gas (LNG) from the United States as soon as they are ordered to do so by the government, Sinopec President Ma Yongsheng told Reuters on Tuesday. As part of the deal, there would be an $18 billion purchase of natural gas from Houston-based Cheniere Energy Inc, Wall Street Journal reported.

  • Reuters

    Sinopec prepares to buy U.S. LNG in case govt orders purchase -president

    China's Sinopec Corp will make arrangements to purchase liquefied national gas (LNG) from the United States as soon as they are ordered to do so by the government, Sinopec President Ma Yongsheng told Reuters on Tuesday. As part of the deal, there would be an $18 billion purchase of natural gas from Houston-based Cheniere Energy Inc, Wall Street Journal reported.

  • Why 4 Oil Stocks From Canada to China Rallied in January
    Motley Fool

    Why 4 Oil Stocks From Canada to China Rallied in January

    It was a good month for oil companies like Vermilion, Suncor, and Noble Energy. Here's what happened and what it could mean for the future.

  • 3 Top Chinese Stocks to Watch in January
    Motley Fool

    3 Top Chinese Stocks to Watch in January

    Here's a trio of Chinese companies that are worth a deep dive in January -- though not all may be buys in the end.

  • Reuters

    China's Sinopec reveals $687 million oil trading loss

    BEIJING/SINGAPORE (Reuters) - Sinopec Corp said its trading unit Unipec lost 4.65 billion yuan (525.64 million pounds) on crude oil hedging in the fourth quarter, one of China's largest derivatives trading losses in nearly a decade. Asia's top refiner, which said the loss had pulled down its fourth quarter profits, suspended Unipec President Chen Bo last month, citing unspecified trading losses. State-owned Sinopec still managed to report its best annual results since 2013 on Friday.

  • Reuters

    BRIEF-Sinopec's Preliminary Profit Rises, Production For Oil And Gas, Natural Gas Up In 2018

    Jan 25 (Reuters) - China Petroleum & Chemical Corp : * SAYS PRELIM 2018 NET PROFIT UP 22.0 PERCENT Y/Y AT 62.4 BILLION YUAN ($9.23 billion) * SAYS 2018 OIL AND GAS PRODUCTION 451.4 MMBOE, UP 0.59 PERCENT ...

  • Sinopec's marketing arm listing may prove hard sell in soft markets
    Reuters

    Sinopec's marketing arm listing may prove hard sell in soft markets

    SINGAPORE/HONG KONG (Reuters) - Sinopec Corp, Asia's top refiner, may have a hard time finding buyers for a multi-billion-dollar stock offering of its fuel marketing arm because of investor pushback against higher valuations amid tepid equity markets. Sinopec won final regulatory approval in December for the listing of its marketing unit in Hong Kong, said two people with knowledge of the matter. Hong Kong's Heng Seng Index has dropped 19 percent since it hit a record in January 2018.

  • Reuters

    BRIEF-Sinopec Evaluating Impact Of The Losses Derived From Trading Arm Unipec's Oil Trades

    Jan 4 (Reuters) - China Petroleum & Chemical Corp : * SAYS IT IS EVALUATING IMPACT OF THE LOSSES DERIVED FROM TRADING ARM UNIPEC'S OIL TRADES * SAYS EXTERNAL AUDITOR HAS STARTED THE REVIEW * SAYS IT AND ...

  • Reuters

    China's Zhoushan to go after Singapore marine hub's top billing

    ZHOUSHAN, China/SINGAPORE (Reuters) - China's port city of Zhoushan is planning to challenge Singapore's dominance of the multi-billion dollar shipping fuel industry, relying on proximity to some of the world's biggest ports and Beijing's support to give it an edge. The port facilities in the cluster of islands around Zhoushan have annual marine fuel sales of 3.6 million tonnes, less than a tenth of the record 50.6 million tonnes of shipping or bunker fuel Singapore sold in 2017. Zhoushan, though, was ranked fourth in global container traffic in 2016, according to the World Shipping Council, and it sits 150 km (90 miles) from the world's biggest container port at Shanghai, and within a day's voyage of other major ports including Ningbo and Nanjing.