PetroChina posted record-high operating profits for the first half of the year on the back of strong drilling output and higher oil prices, which allowed it to offset weak fuel demand in China.
PetroChina (OTCPK:PCCYF), the leading oil and gas producer in China, reported a 2% increase in net profit for the past year, with stronger production helping to counterbalance declining energy prices ...
PetroChina has significantly outperformed the S&P 500, offering a total return of 259% over four years, driven by its growth prospects and low valuation. Despite a cautious oil market outlook, ...
With PetroChina (SEHK:857) recently closing at HK$9.28, many investors are revisiting the stock after a strong 1 year total return of 66% and a 3 year total return above 100%. See our latest analysis ...
Chinese state oil and gas giant PetroChina plans to power all its drilling and refining activities with clean power by 2033 and to install massive renewable energy capacity this year. The Chinese firm ...
PetroChina’s first-half 2023 net profit of CNY 85.3 billion, up 4% year on year, beat our expectation. After incorporating our latest energy price and foreign ...
PetroChina’s 4% year-on-year rise in first-half net profit to CNY 88.6 billion largely met our forecast. Resilient upstream earnings helped to offset weaknesses in refining and marketing segments, ...
PetroChina, the largest oil and gas producer in China, reported on Tuesday a net profit for the first quarter up by 2.3%, becoming the only state oil giant to book higher Q1 earnings compared to a ...
PetroChina reported $20.6 billion in net income for 2023, up 8.3 percent compared to 2022 as growth in both upstream and downstream output offset weaker oil prices. Image by travellinglight via iStock ...
BEIJING, April 29 (Reuters) - China's top energy producer PetroChina (601857.SS), opens new tab, posted a 2.3% rise in first-quarter profit on Tuesday, citing higher natural gas output, even as poor ...
PetroChina Co. has proposed buying three natural gas storage companies for 40 billion yuan ($5.6 billion) to bolster the nation’s infrastructure for the fuel. The board of China’s biggest oil and gas ...