The stock of China Petroleum & Chemical Corp (ADR) (NYSE:SNP) is a huge mover today! About 226,277 shares traded hands or 73.41% up from the average. China Petroleum & Chemical Corp (ADR) (NYSE:SNP) has risen 0.56% since April 25, 2016 and is uptrending. It has underperformed by 5.45% the S&P500.
The move comes after 8 months positive chart setup for the $89.07 billion company. It was reported on Nov, 28 by Barchart.com. We have $72.87 PT which if reached, will make NYSE:SNP worth $2.67B more.
Analysts await China Petroleum & Chemical Corp (ADR) (NYSE:SNP) to report earnings on April, 4.
China Petroleum & Chemical Corp (ADR) (NYSE:SNP) Ratings Coverage
Out of 5 analysts covering China Petroleum & Chemical Corp (NYSE:SNP), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. China Petroleum & Chemical Corp has been the topic of 7 analyst reports since August 26, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Friday, September 11 by Jefferies. The firm earned “Hold” rating on Wednesday, August 26 by HSBC. On Wednesday, March 2 the stock rating was upgraded by Mizuho to “Buy”. The stock has “Sell” rating given by Citigroup on Friday, August 28. The stock of China Petroleum & Chemical Corp (ADR) (NYSE:SNP) earned “Neutral” rating by Credit Suisse on Tuesday, March 29. The firm has “Buy” rating given on Wednesday, September 30 by Jefferies. The firm has “Neutral” rating given on Thursday, November 12 by Macquarie Research.
According to Zacks Investment Research, “China Petroleum and Chemical Corp. is a joint-stock company focusing on its core business of petroleum and petrochemicals with integrated upstream, mid-stream and downstream operations and a complete marketing network. The company’s scope of business includes exploration, development, production and marketing of petroleum and natural gas, refining and marketing, production and marketing of petrochemicals, chemical fibers, chemical fertilizers and other chemicals, pipeline transportation of petroleum and natural gas.”
More news for China Petroleum & Chemical Corp (ADR) (NYSE:SNP) were recently published by: Marketwatch.com, which released: “China Petroleum & Chemical Corp. ADR” on August 24, 2009. Bidnessetc.com‘s article titled: “China Petroleum & Chemical Corp (ADR) Looking To Invest In US Shale Deals …” and published on June 17, 2015 is yet another important article.
SNP Company Profile
China Petroleum & Chemical Corporation, incorporated on February 25, 2000, is an energy and chemical company. The Firm is engaged in gas and oil and chemical activities in the People’s Republic of China (the PRC). The Company’s gas and oil activities consist of exploring for, developing and producing natural gas and crude oil; transporting natural gas and crude oil by pipelines; refining crude oil into finished petroleum products, and marketing crude oil, natural gas and refined petroleum products. The Company’s chemical activities include the manufacture and marketing of a range of chemicals for industrial uses. The Company’s divisions include exploration and production segment, refining segment, marketing and distribution segment, chemicals segment, and corporate and others. The Company’s products include Intermediate Petrochemicals, such as Ethylene, Propylene, Benzene, Styrene, Para-xylene and Phenol; Synthetic Resins, such as Polyethylene, Polypropylene, Polyvinyl chloride, Polystyrene and Acrylonitrile butadiene styrene; Synthetic Fiber Monomers and Polymers, such as Purified terephthalic acid, Ethylene glycol, Acrylonitrile, Caprolactam and Polyester
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.