SNPMF - China Petroleum & Chemical Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
0.8500
0.0000 (0.00%)
As of 11:09AM EST. Market open.
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Previous Close0.8500
Open0.8200
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.8500 - 0.8500
52 Week Range0.7000 - 1.0800
Volume91,684
Avg. Volume62,850
Market Cap100.744B
Beta (3Y Monthly)1.55
PE Ratio (TTM)9.34
EPS (TTM)0.09
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-09-11
1y Target Est1.07
Trade prices are not sourced from all markets
  • Reuters2 days ago

    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.

  • China's Zhoushan to go after Singapore marine hub's top billing
    Reuters2 days ago

    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.

  • Bloomberg23 days ago

    China Names Oil & Gas Veteran to Top Energy Post to Drive Revamp

    Zhang Jianhua, the No. 2 official of state-run China National Petroleum Corp., will become director of the National Energy Administration, according to the Communist Party’s official People’s Daily. The administration didn’t respond to several faxes from Bloomberg seeking comments, while a CNPC spokesman in Beijing declined to comment. Zhang, 54, will take the reins as China attempts to pull off an extensive revamp of its energy sector.

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

    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
    Zackslast month

    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
    Zackslast month

    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).

  • Associated Presslast month

    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 ...

  • Reuters2 months 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.

  • Reuters2 months 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.

  • Reuters3 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.

  • Reuters4 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 Press4 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
    Bloomberg4 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
    Bloomberg4 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 ...

  • Reuters4 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 ...

  • Reuters4 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
    Bloomberg4 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.

  • The Zacks Analyst Blog Highlights: JinkoSolar, Hollysys, Woori and China Petroleum
    Zacks5 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
    Zacks5 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.

  • China Sits on the World's Biggest Shale Gas Prize. Pumping It Out Is the Hard Part
    Bloomberg5 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.

  • Is China Petroleum & Chemical Corporation’s (HKG:386) PE Ratio A Signal To Sell For Investors?
    Simply Wall St.6 months ago

    Is China Petroleum & Chemical Corporation’s (HKG:386) PE Ratio A Signal To Sell For Investors?

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to better understand how you canRead More...

  • Sinopec Seen Top Winner as Pipe Spinoff Frees Up Unit IPO
    Bloomberg6 months ago

    Sinopec Seen Top Winner as Pipe Spinoff Frees Up Unit IPO

    While China’s move to create a national pipeline giant has taken center stage, investors should focus further out on how that clears a hurdle for Sinopec to spinoff its retail business, a move that may boost the oil giant’s valuation. The listing of the marketing unit by the refining behemoth, officially known as China Petroleum & Chemical Corp., has been awaiting the shift of its oil and fuel pipelines into the new national operator, according to China International Capital Corp. and Sanford C. Bernstein & Co. That’s why the pipeline reform may give further impetus for shares of the company to extend a 30 percent rally this year. To read more about China’s plans for a national pipeline company, click here.

  • Six Flags Entertainment, Thomson Reuters, Toyota Motor, China Petroleum & Chemical and Merck highlighted as Zacks Bull and Bear of the Day
    Zacks6 months ago

    Six Flags Entertainment, Thomson Reuters, Toyota Motor, China Petroleum & Chemical and Merck highlighted as Zacks Bull and Bear of the Day

    Six Flags Entertainment, Thomson Reuters, Toyota Motor, China Petroleum & Chemical and Merck highlighted as Zacks Bull and Bear of the Day

  • Chevron's (CVX) South African Assets: Bidding War Heats
    Zacks6 months ago

    Chevron's (CVX) South African Assets: Bidding War Heats

    Chevron's (CVX) South African assets including 800 Caltex service stations and a 100,000-barrel per day refinery are up for sale.