Petrochina (857)
5.77 HKD +0.10 (+1.76%) Volume: 122.29M
Petrochina’s stock price is currently at 5.77 HKD, experiencing a positive shift of +1.76% this trading session with a robust trading volume of 122.29M, however, it records a YTD decrease of -5.56%, reflecting its volatile performance in the market.
Latest developments on Petrochina
Today, PetroChina‘s stock price movement was influenced by the fluctuations in Middle East crude oil prices. The Dubai and Murban crude prices experienced a slight decline, while Oman crude prices saw an increase. These changes in the global oil market directly impacted PetroChina‘s stock prices, as the company is a major player in the oil industry. Investors closely monitored these developments, leading to shifts in PetroChina‘s stock value throughout the trading day.
A look at Petrochina Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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 Smartkarma Smart Scores, PetroChina has a positive long-term outlook. With high scores in Value, Dividend, Growth, and Momentum, the company appears to be in a strong position for the future. The company’s focus on exploration, development, and production of crude oil and natural gas, as well as its diverse range of operations in refining, transportation, distribution, and chemical production, contribute to its overall resilience in the market.
PetroChina‘s strong performance in Value, Dividend, Growth, and Momentum, coupled with its diverse range of operations in the oil and gas industry, positions the company well for long-term success. While the Resilience score is slightly lower, the company’s overall outlook remains positive. As PetroChina continues to expand its presence in the energy market and adapt to changing industry trends, it is likely to maintain its strong performance and remain a key player in the global energy sector.
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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