- Net Profit: PetroChina reported a net profit of 84.01 billion yuan for the first half of the year.
- Revenue: The company’s total revenue reached 1.45 trillion yuan.
- Crude Oil Production: The crude output was 476.4 million barrels during this period.
- Operating Profit: The operating profit stood at 117.03 billion yuan.
- Energy Sector Performance: Operating profit from oil, gas, and new energy amounted to 85.69 billion yuan.
- Refining and Chemicals Profit: The segment recorded a profit of 11.06 billion yuan.
- Refining Operating Profit: The refining operation made a profit of 9.66 billion yuan.
- Interim Dividend: An interim dividend of 22 RMB cents per share was declared.
- Investor Ratings: The company received 19 buy ratings, 2 hold ratings, and 1 sell rating from analysts.
A look at PetroChina Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
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 Smartkarma’s Smart Scores, PetroChina seems to have a promising long-term outlook. With a top score in both Value and Dividend, the company is considered strong in terms of its valuation and dividend payout. This indicates that PetroChina may be a solid choice for investors seeking stability and consistent returns over time. Additionally, its above-average scores in Growth and Momentum suggest potential for continued development and positive stock performance. While its Resilience score is slightly lower, PetroChina‘s overall ratings reflect a generally positive sentiment among analysts.
PetroChina Company Limited, engaged in various activities from exploration to distribution of oil, natural gas, and petroleum products, appears to be well-positioned based on the Smartkarma Smart Scores. This diversified profile indicates a strong foundation for long-term growth and stability in the energy sector. Investors looking for a company with strong value, steady dividends, growth potential, and positive momentum may find PetroChina to be a compelling choice for their investment portfolios.
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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