China Petroleum & Chemical (386)
4.31 HKD +0.06 (+1.41%) Volume: 111.84M
China Petroleum & Chemical’s stock price is currently at 4.31 HKD, marking a positive change of +1.41% this trading session with a trading volume of 111.84M. The stock has also shown a promising YTD increase of +5.62%, reflecting a strong performance in the market.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical, also known as Sinopec, has recently completed a significant milestone with the successful implementation of a seawater hydrogen project in China. This achievement comes as Sinopec forecasts that China’s petroleum consumption is set to peak by 2027. These developments have generated interest among investors, leading to fluctuations in China Petroleum & Chemical stock prices today as market participants assess the implications of these key events on the company’s future growth and profitability.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
China Petroleum & Chemical Corporation, also known as Sinopec, has a strong overall outlook based on the Smartkarma Smart Scores. With top scores in both Value and Dividend, the company is seen as a solid investment option for those looking for stable returns. While its Growth and Resilience scores are slightly lower, Sinopec still maintains a respectable rating in these areas. Additionally, the company’s Momentum score suggests that it is on an upward trajectory, making it an attractive choice for investors seeking potential growth.
As a producer and trader of petroleum and petrochemical products, Sinopec plays a crucial role in the energy industry in China. With a wide range of products including gasoline, diesel, jet fuel, and chemical fertilizers, the company has a strong presence in the domestic market. Its focus on value and dividends, as reflected in the Smartkarma Smart Scores, indicates a commitment to providing consistent returns for shareholders. Overall, Sinopec’s solid performance across multiple factors positions it well for long-term success in the ever-evolving energy sector.
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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