Earnings Alerts

China Petroleum & Chemical (386) Earnings: Sinopec’s Prelim FY Crude Output Aligns with Estimates

By January 24, 2025 No Comments
  • Sinopec’s preliminary full-year crude output reached 281.85 million barrels, aligning closely with the estimated 281.03 million barrels.
  • The preliminary natural gas output was recorded at 1.4 trillion cubic feet, slightly below the estimated 1.42 trillion cubic feet.
  • In the analysis, there are 15 buy ratings, indicating positive sentiment towards the stock.
  • The stock also received 6 hold ratings, suggesting a neutral stance from some analysts.
  • No sell ratings were reported, showcasing optimism in Sinopec’s market performance.

A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.8

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

China Petroleum & Chemical Corporation, also known as Sinopec, presents a robust long-term outlook based on the Smartkarma Smart Scores. With top scores in both Value and Dividend, the company is positioned favorably in terms of financial health and returns to shareholders. While the Growth, Resilience, and Momentum scores are slightly lower, indicating room for improvement in these areas, the strong Value and Dividend scores suggest that the company is a solid investment option for long-term investors looking for stable returns.

As a leading producer and trader of petroleum and petrochemical products, China Petroleum & Chemical Corporation has a wide range of products in its portfolio, including gasoline, diesel, jet fuel, and synthetic fibers. With a strong presence in the Chinese market, the company benefits from its diversified product offerings and extensive distribution network. Overall, based on the Smartkarma Smart Scores, China Petroleum & Chemical Corporation demonstrates promising prospects for long-term growth and income generation, making it an attractive choice for investors seeking stability and strong returns.


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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