PetroChina Company Limited – Consensus Indicates Upside Potential of 23.7%

PetroChina Company Limited with ticker code (PTR) now have 3 total analysts covering the stock. The consensus rating is “Buy”. The target price ranges between 84 and 52, with the average target price standing at 66.4. Together with the stock’s previous close at 53.67, this indicates that there is upside potential of 23.7%. The 50 day moving average is at 49.83 and the 200 moving average now moves to 46.53. The company has a market capitalization of $160,381 million. Check out more information at: https://www.petrochina.com.cn

The potential market capitalization would be $198,422 million based on market consensus.

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PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum-related products, services and activities in Mainland China and overseas. It operates through exploration and production, refining and chemicals, marketing and natural gas and pipelines segments. The Exploration and Production segment is engaged in the exploration, development, production and marketing of crude oil and natural gas. The Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemicals, derived petrochemicals and other chemicals. The Marketing segment is involved in the marketing of refined products and trading activities. The Natural Gas and Pipeline segment is engaged in the transmission of natural gas, crude oil and refined products; and the sale of natural gas. As of December 31, 2020, the company had a total length of 31,151 km, including 22,555 km of gas pipelines, 7,190 km of crude oil pipelines and 1,406 km of refined products pipelines. The company is also involved in the exploration, development and production of oil sands and coal bed methane; trade in crude oil and petrochemicals; storage, chemical engineering, storage facilities, service station and transportation facilities and related activities; and the production and sale of basic and derivative chemicals and other chemicals. The company was founded in 1999 and is based in Beijing, People’s Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

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