Market Movers

China Petroleum & Chemical’s Stock Price Dips to 3.84 HKD: Witnessing a 1.03% Drop in Value

China Petroleum & Chemical (386)

3.84 HKD -0.04 (-1.03%) Volume: 118.41M

China Petroleum & Chemical’s stock price stands at 3.84 HKD, experiencing a -1.03% dip this trading session with a trading volume of 118.41M, marking a year-to-date decline of -13.71%. This reflects the company’s current market performance amidst the volatile energy sector.


Latest developments on China Petroleum & Chemical

China Petroleum & Chemical Corporation, also known as Sinopec, is making strategic moves in the petrochemical industry with plans for expansion in Yanbu, Saudi Arabia. Collaborating with Aramco and Yasref, the company aims to boost production and strengthen its presence in the region. Additionally, Sinopec Corp. has scheduled a board meeting to review its Q1 2025 results, indicating a focus on financial performance and transparency. These developments are likely to impact China Petroleum & Chemical stock price movements as investors monitor the company’s growth and financial health.


A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE4.0

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

China Petroleum & Chemical Corporation, also known as Sinopec, has received high scores in Value and Dividend according to Smartkarma Smart Scores. This indicates a positive long-term outlook for the company in terms of its financial stability and ability to provide returns to investors. While the Growth and Resilience scores are slightly lower, the company still shows promising signs for future growth and sustainability. With a strong Momentum score, China Petroleum & Chemical is likely to continue its upward trajectory in the market.

As a producer and trader of petroleum and petrochemical products, China Petroleum & Chemical Corporation plays a significant role in the energy sector. With a focus on gasoline, diesel, jet fuel, and other products, the company serves a crucial function in meeting the energy needs of China. By maintaining high scores in Value and Dividend, China Petroleum & Chemical demonstrates its commitment to providing value to shareholders and remaining financially sound. Overall, the company’s Smartkarma Smart Scores point towards a favorable long-term outlook for China Petroleum & Chemical.


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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