Earnings Alerts

China Petroleum & Chemical (386) Earnings: Sinopec Reports 1H Crude Output of 140.53M Barrels

  • Crude Production: Sinopec’s preliminary crude output for the first half of 2024 is 140.53 million barrels.
  • Gas Production: Preliminary gas output stands at 700.57 billion cubic feet for the same period.
  • Analyst Ratings: 14 buy ratings, 5 hold ratings, and 0 sell ratings from analysts.

A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, China Petroleum & Chemical Corporation is positioned favorably for long-term success. With top scores in Value and Dividend factors, the company demonstrates strong financial performance and commitment to returning value to investors through dividends. This indicates stability and attractiveness for potential investors looking for reliable returns.

Although slightly lower in Growth and Resilience scores, the company still holds a respectable position in these areas. However, with a perfect score in Momentum, China Petroleum & Chemical shows strong upward potential in the market, reflecting positive market sentiment and potential for future growth.

### China Petroleum & Chemical Corporation produces and trades petroleum and petrochemical products. The Company offers gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers. China Petroleum & Chemical 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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