SNP - China Petroleum & Chemical Corporation
81.96 +0.47 (0.58%)
After hours: 4:26PM EST
| Previous Close | 81.56 |
| Open | 82.57 |
| Bid | 78.98 x 800 |
| Ask | 100.00 x 1000 |
| Day's Range | 81.04 - 82.96 |
| 52 Week Range | 70.16 - 105.61 |
| Volume | 150,670 |
| Avg. Volume | 197,006 |
| Market Cap | 91.565B |
| Beta (3Y Monthly) | 1.50 |
| PE Ratio (TTM) | 8.95 |
| EPS (TTM) | 9.10 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 8.63 (10.47%) |
| Ex-Dividend Date | 2018-09-05 |
| 1y Target Est | 105.72 |
- Oilprice.com•yesterday
The Dangers Of China’s Growing Oil Demand
China’s November oil imports hit a record high of 10.48, but the growing demand could backfire if Washington and Beijing can’t agree on a trade deal
- Moody's•5 days ago
Australia Pacific LNG Processing Pty Ltd -- Moody's assigns first-time Baa2 rating to APLNG Processing's senior secured notes; outlook stable
Moody's Investors Service has today assigned a Baa2 senior secured rating to Australia Pacific LNG Processing Pty Ltd's (APLNG Processing) USD1.4 billion senior secured fixed rate fully-amortising notes maturing in September 2030. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. The rated notes consist of a single tranche and rank pari passu with APLNG Processing's existing senior secured facilities.
- Bloomberg•13 days ago
China Gas Boom Opens Free Market Cracks for Trucks and Ships
The only gas seen in China was pumped from its own wells and sold at prices strictly regulated by the government. Today, things are vastly different as China has become the world’s biggest importer. The future of gas trading in China may evolve from a decidedly primitive mode of transportation: good ol’ trucks.
- Zacks•16 days ago
New Strong Sell Stocks for November 26th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
- Zacks•19 days ago
The Zacks Analyst Blog Highlights: TJX, Dominion Energy, Norfolk Southern, Sinopec and Eversource Energy
The Zacks Analyst Blog Highlights: TJX, Dominion Energy, Norfolk Southern, Sinopec and Eversource Energy
- CNBC•19 days ago
China shares fall more than 2 percent as Asia markets slip; oil prices decline
Stocks in Asia slipped on Friday as investors remained wary amid heightened tensions between the United States and China, and uncertainties surrounding the U.K.'s divorce negotiations with the European Union. Oil prices continued their slump afternoon trading in Asia. The Wall Street Journal reported that the U.S. government is attempting to sway companies that sell wireless and internet services in allied countries to stay away from Chinese telecommunications equipment firm Huawei Technologies.
- Bloomberg•20 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.
- American City Business Journals•21 days ago
Chinese oil and gas tech co. building $1 million data center in Galleria area
The Sinopec Tech Houston Center, or STHC, was established in Houston in 2013, according to the company's website.
- Zacks•last 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.
- Zacks•last 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.
- Zacks•last 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).
- GlobeNewswire•last month
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 Press•last 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 ...
- PR Newswire•last month
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 Newswire•last month
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 ...
- Reuters•last month
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.
- Reuters•last month
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.
- Reuters•2 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.
- Zacks•3 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's•3 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.
- Reuters•3 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.
