- PetroChina‘s IFRS net income for the fiscal year is 164.68 billion yuan, slightly below the estimate of 168.07 billion yuan.
- The company’s total revenue stands at 2.94 trillion yuan, which also misses the projected 3.04 trillion yuan.
- Following the financial report, PetroChina‘s shares fell by 2.1% to HK$6.160 with a trading volume of 137.6 million shares.
- The company’s stock currently has 23 buy recommendations, 1 hold, and 1 sell recommendation from analysts.
A look at PetroChina Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
Based on the Smartkarma Smart Scores, PetroChina seems to have a positive long-term outlook. With top scores in Value and Dividend, indicating strong financial health and consistent dividend payments, the company appears to be a reliable choice for investors looking for stability and returns. Additionally, its above-average scores in Growth suggest potential for future expansion and profitability.
Although PetroChina receives slightly lower scores in Resilience and Momentum, these factors do not overshadow its overall positive outlook. With a diversified business model that includes exploration, production, refining, and distribution, PetroChina is well-positioned in the energy sector despite facing some challenges. Investors may find comfort in the company’s strong foundation and consistent performance over time.
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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