PetroChina Company Limited – Consensus Says 28.6% Upside


PetroChina Company Limited found using ticker (PTR) now have 3 total analysts covering the stock. The consensus rating is “Buy”. The range between the high target price and the low target price is between 75 and 50.5 and has an average target of 62.5. Now, with the previous closing price of 48.59, that would imply a potential rise of 28.6%. There is a 50-day moving average of 49.84 while the 200-day moving average is 44.1. The company’s market capitalization is $ 148,803 million. For more information, visit: http://www.petrochina.com.cn

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum-related products, services and activities in Mainland China and abroad. It operates in exploration and production, refining and chemicals, marketing, and natural gas and pipelines. 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 manufactures and markets primary petrochemicals, derived petrochemicals and other chemicals. The Marketing segment deals with the marketing of refined products and trading activities. The Natural Gas and Pipeline segment is engaged in the transportation 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 natural 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 tar sands and coal bed methane; trading of crude oil and petrochemicals; storage, chemical engineering, storage facilities, gas station and transport 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 headquartered in Beijing, People’s Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

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