Petrochina (857)
5.99 HKD -0.12 (-1.96%) Volume: 209.93M
Petrochina’s stock price stands at 5.99 HKD, experiencing a dip of -1.96% this trading session amidst a trading volume of 209.93M, yet showcasing a promising YTD increase of +16.09%.
Latest developments on Petrochina
Today, PetroChina‘s stock price experienced a bearish block trade of 1.1 million shares at $6.11, resulting in a turnover of $6.721 million. This movement comes after ExxonMobil transferred the West Qurna 1 oilfield in Iraq to PetroChina, showcasing the company’s expansion in the oil industry. Additionally, Britain’s announcement of no plans for EU-style tariffs on Chinese electric vehicles could impact PetroChina‘s future ventures in the electric vehicle market, highlighting the various factors influencing the company’s stock price movements.
A look at Petrochina Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 2 | |
| 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, PetroChina has a positive long-term outlook. With strong scores in Value, Dividend, Growth, and Resilience, the company is positioned well for future success. Its high Growth score indicates potential for expansion and development in the industry, while its Resilience score suggests the company’s ability to withstand market fluctuations. However, PetroChina‘s lower Momentum score may indicate slower short-term performance compared to its peers.
PetroChina Company Limited, a leading player in the oil and gas industry, is rated highly in key areas such as Value, Dividend, Growth, and Resilience according to Smartkarma Smart Scores. This indicates a solid foundation for the company’s future prospects. With its diverse operations in crude oil and natural gas exploration, refining, and distribution, as well as chemical production and natural gas transmission, PetroChina is well-positioned to navigate the challenges of the industry and capitalize on growth opportunities.
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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