China Petroleum & Chemical (386)
4.10 HKD -0.04 (-0.97%) Volume: 135.33M
“China Petroleum & Chemical’s stock price stands at 4.10 HKD, experiencing a slight dip of -0.97% this trading session with a trading volume of 135.33M. The year-to-date performance indicates a decrease of -7.87%, reflecting a challenging market environment for the energy sector.”
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical Corporation, also known as Sinopec, has been making significant strides in the energy sector recently. The company confirmed the discovery of over 1 billion barrels of shale reserves at the Shengli Field in East China, leading to a surge in their stock price. Additionally, Sinopec announced a major shale oil discovery in eastern China and reported record amounts of shale oil at the Shengli oilfield. Collaborating with CATL, Sinopec is planning to build 10,000 battery swap stations to expand China’s battery swapping network rapidly. With the publication of their 2024 operating results, which included a USD 6.74 billion net profit and a 75% profit distribution rate, Sinopec continues to demonstrate strong financial performance and strategic partnerships in the industry.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, China Petroleum & Chemical Corporation seems to have a positive long-term outlook. With a high score in value, the company is likely seen as undervalued compared to its peers. Additionally, its strong dividend score indicates that it may be a good option for investors looking for income. While the growth and resilience scores are not as high, the company’s momentum score suggests that it is currently performing well and may continue to do so in the future.
China Petroleum & Chemical Corporation, also known as Sinopec, is a major player in the production and trading of petroleum and petrochemical products. With a focus on a wide range of products including gasoline, diesel, synthetic fibers, and chemical fertilizers, the company has a strong presence in the Chinese market. Overall, the Smartkarma Smart Scores paint a positive picture for the company’s outlook, highlighting its value, dividend, and momentum as key strengths for potential investors to consider.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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