China Petroleum & Chemical Corp. ADR (SNP) News
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Below are the latest news stories about China Petroleum & Chemical Corp that investors may wish to consider to help them evaluate SNP as an investment opportunity.
Led by China Petroleum & Chemical, these are the 10 biggest oil companies in the world by 12-month trailing revenue.
China Petroleum & Chemical Corp found using ticker (SNP) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 82.1 and 59.4 calculating the average target price we see 69.27. Given that the stocks previous close was at 52.12 this would imply there is a potential upside of 32.9%. The day 50 moving average is 50.28 and the 200 moving average now moves to 49.68. The market capitalisation for the company is $79,242m. You can visit the company''s website by visiting: https://www.sinopec.com [stock_market_widget type="chart" template="basic" color="green" assets=SNP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $105,317m based on the market concensus. China Petroleum & Chemi...
These dividend stocks have yields at least 4.5% or greater and can cover the dividend payments out of earnings by 2 times or more.
Nizhnekamskneftekhim PJSC -- Moody's withdraws all ratings of Nizhnekamskneftekhim PJSC following acquisition by Sibur
Rating Action: Moody's withdraws all ratings of Nizhnekamskneftekhim PJSC following acquisition by SiburGlobal Credit Research - 07 Feb 2022London, 07 February 2022 -- Moody's Investors Service ("Moody's") has withdrawn all ratings of Nizhnekamskneftekhim PJSC (NKNK), due to corporate reorganisation following the acquisition by Sibur Holding, PJSC (Sibur, Baa3 stable), a vertically integrated petrochemical company operating in Russia. The company has no rated debt.The action follows completion of acquisition by Sibur of certain assets of JSC TAIF, including NKNK. As a result of this transaction Sibur, via JSC TAIF, now holds 83% NKNK's ordinary shares (or 78,1% of the company's total equity).A full list of affected ratings can be found at the end of this press release.RATINGS RATIONAL...
China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has completed the construction of China's first megaton carbon capture, utilization and storage (CCUS) project, the Qilu-Shengli Oilfield CCUS (the "Project") on January 29, which will reduce carbon emission by 1 million tons per year, the equivalent of planting nearly 9 million trees and shutting down 600,000 economy cars.
Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 deliveries, three traders said, dispelling the bearish sentiment that had been fuelled by the rare sell tender. Earlier this month, Sinopec issued the tender of the super-chilled fuel to take advantage of high Asian spot prices , according to traders who were invited to bid. Under the tender, Sinopec offered two to five cargoes each month between February and October on a delivered ex-ship basis.
Equinor (EQNR) plans to continue drilling on the field to increase cash flow in the future.
Investment company Lester Murray Antman dba SimplyRich (Current Portfolio) buys Rogers Communications Inc, Equity Residential, Coca-Cola Femsa SAB de CV, iShares 1-3 Year Treasury Bond ETF, Lam Research Corp, sells Telefonaktiebolaget L M Ericsson, British American Tobacco PLC, Smith & Nephew PLC, ViacomCBS Inc, Verizon Communications Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Lester Murray Antman dba SimplyRich.
APA plans to embrace many effective ESG initiatives linked with its emphasis areas of air, water, communities and people.
Despite the significant finds by XOM, HES and SNP, global 2021 oil and gas discoveries are likely to hit the lowest level in 75 years if no significant discoveries are unearthed in the next few days.