China Petroleum & Chemical Corporation Stock News

Sinopec has proved one of the most resilient energy stocks to the pandemic. Sinopec is currently trading at only 5.1 times its expected earnings this year and 5.2 times its expected earnings in 2022.

The Fuling shale gas field in southwest Chinas Chongqing Municipality has added some 104.8 billion cubic meters in proven reserves of shale gas, said its developer Sinopec, Chinas largest oil refiner. The post Chinas major shale gas field adds proven reserves appeared first on Khmer Times .

VAALCO Energy: Cheaply Priced Before Drilling Campaign

China Petroleum & Chemical Corp with ticker code (SNP) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 82.1 and 63.27 calculating the average target price we see 70.12. Given that the stocks previous close was at 47.37 this would indicate that there is a potential upside of 48.0%. The 50 day MA is 48.78 and the 200 day MA is 50.33. The company has a market cap of $75,172m. Company Website: https://www.sinopec.com [stock_market_widget type="chart" symbol="SNP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] China Petroleum & Chemical Corporation, an energy and chemical company, engages in oil and gas, and chemical operations in the People''s Republic of China. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores for and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products.

The new entity will engages primarily in building hydrogen infrastructure, managing hydrogen refuelling stations as well as storage and pipeline transportation of the low-carbon fuel.

SINGAPORE : Sinopec Corp has set up a new subsidiary in Xiong''an, near Beijing, to specialise in the hydrogen fuel business, China''s second-largest oil and gas company said on Friday. Sinopec Xiong''an New Energy Co. Ltd, a unit fully owned by Sinopec Corp, has registered capital of 100 million yuan, the c

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Hong Yuan Holding Group (OTCMKTS:HGYN) and Sinopec Shanghai Petrochemical (NYSE:SHI) are both basic materials companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, risk, dividends and profitability. Volatility & Risk Hong Yuan Holding Group has a beta of 2.9, []