China Petroleum & Chemical (386)
4.92 HKD -0.09 (-1.80%) Volume: 129.41M
China Petroleum & Chemical’s stock price stands at 4.92 HKD, experiencing a slight drop of -1.80% in the latest trading session with a high trading volume of 129.41M, yet showcasing an impressive year-to-date performance with a surge of +20.54%.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical, also known as Sinopec, has recently made headlines for collaborating with Petronas to explore opportunities across the energy value chain. This strategic move comes after Petronas signed a memorandum of understanding (MOU) with Sinopec, indicating a potential partnership that could have significant impacts on the stock price of China Petroleum & Chemical today. Investors are closely watching these developments as they unfold, anticipating how this collaboration may influence the company’s future growth and profitability in the energy sector.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
China Petroleum & Chemical Corporation, also known as Sinopec, is positioned well for long-term success according to the Smartkarma Smart Scores. With high scores in value, dividend, growth, and momentum, the company shows promise in various aspects. This indicates a positive outlook for the company’s overall performance and potential for growth in the future.
Sinopec’s strong performance in value, dividend, growth, and momentum bodes well for its resilience in the market. While the company may face some challenges in this area, the overall outlook remains positive. As a leading producer and trader of petroleum and petrochemical products in China, Sinopec is well-positioned to continue its success in the industry.
Summary: China Petroleum & Chemical Corporation, also known as Sinopec, produces and trades petroleum and petrochemical products. The company offers a wide range of products including gasoline, diesel, jet fuel, and chemical fertilizers, and markets its products throughout China.
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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