China Petroleum & Chemical Corporation

Equities

386 CNE1000002Q2

Oil & Gas Refining and Marketing

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
4.8 ^HKD	+0.63%		+3.23%	+17.36%

Apr. 22	Sinopec Finishes Testing Two Hydrogen Heavy Trucks	MT
Apr. 22	Sinopec Acquires 30% of Kazakhstan's Silleno Project	MT

Tranche Update on China Petroleum & Chemical Corporation's Equity Buyback Plan announced on August 29, 2022.

November 25, 2022

From October 1, 2022 to November 25, 2022, the company has repurchased 394,300,000 shares, representing 0.33% for CNY 1,684.26 million. With this, the company has completed the repurchase of 442,300,000 shares, representing 0.37% for CNY 1,888.16 million under the buyback announced on August 29, 2022.

Latest news about China Petroleum & Chemical Corporation

Sinopec Finishes Testing Two Hydrogen Heavy Trucks	Apr. 22	MT
Sinopec Acquires 30% of Kazakhstan's Silleno Project	Apr. 22	MT
Oil Stocks Rise in Asia on Reports of Israeli Counterstrikes on Iran	Apr. 19	DJ
China Petroleum & Chemical Corporation Completes the Drilling of China's Deepest Geothermal Exploration Well, the Fushen-1 Well in Hainan with a Well Depth of 5,200 Meters	Apr. 10	CI
Sinopec to Name General Manager of Trading Unit	Apr. 09	MT
China Sinopec to appoint new head for trading arm Unipec, sources say	Apr. 08	RE
China Petroleum & Chemical Corporation and TotalEnergies Ink Agreement for Sustainable Aviation Fuel Production	Apr. 03	CI
Sinopec to Start Work on Sri Lanka Refinery by June, Minister Says	Mar. 28	MT
TotalEnergies, Sinopec to Develop a Sustainable Aviation Fuels Production Unit in China	Mar. 26	DJ
TotalEnergies and SINOPEC Join Forces to Produce Sustainable Jet Fuel at SINOPEC's Refinery	Mar. 26	CI
China Petroleum & Chemical to Retain National Oil and Gas Pipeline Network as Refined Oil Transporter in 2024	Mar. 25	MT
Sinopec's Attributable Profit Falls 10% on Lower Revenue; Hong Kong Shares Jump 3%	Mar. 24	MT
Sinopec Profit Fell in 2023 Amid Oil Market Volatility	Mar. 24	DJ
China Petroleum & Chemical Corporation Proposes Final Cash Dividend for the Year Ended 31 December 2023	Mar. 24	CI
China Petroleum & Chemical Corporation Proposes Final Cash Dividend for the Year Ended 31 December 2023, Payment Date 26 July 2024	Mar. 24	CI
China Petroleum & Chemical Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 24	CI
Sinopec Raises 12 Billion Yuan After Issuing Shares to Parent	Mar. 20	MT
China Petroleum & Chemical Corporation announced a financing transaction	Mar. 17	CI
China Petroleum & Chemical Corporation Completes West Sichuan Gas Field	Mar. 14	CI
Zhejiang Wanma Inks Cooperation Deal With Sinopec	Mar. 14	MT
China Petroleum & Chemical Corporation announced that it has received CNY 12 billion in funding from China Petrochemical Corporation	Mar. 11	CI
Sinopec calls for more government support for China shale oil projects	Mar. 06	RE
China Raises Retail Fuel Prices From Thursday	Jan. 31	MT
China Petroleum & Chemical Names New Chief Geologist	Jan. 22	MT
China Petroleum & Chemical Corporation Announces Appointment of Mr. Guo Xusheng as Chief Geologist	Jan. 22	CI

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Company Profile

China Petroleum & Chemical Corporation specializes in the refining and distribution of oil products. Net sales break down by activity as follows: - distribution of oil products (49.9%): 198.3 million tons of oil products (essence, diesel and distillate products) sold in 2018. At the end of 2018, the group has a network of 30,661 service stations located in China; - petrochemistry (16.4%): ethylene, resin, polymer, urea, etc.; - crude oil refining (5.3%): 244 million tons refined; - exploration and production (3.6%): 288 million barrels of crude oil and 27.6 billion m3 of natural gas produced; - other (24.8%).

Sector

Oil & Gas Refining and Marketing

Calendar

2024-04-27 - Q1 2024 Earnings Release

Related indices

HONG KONG HANG SENG

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Ratings for China Petroleum & Chemical Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4.443 CNY

Average target price

4.86 CNY

Spread / Average Target

+9.39%

Consensus

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Quarterly earnings - Rate of surprise

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Sector Other Oil & Gas Refining and Marketing

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