PetroChina Company Limited (PCCYF) Stock

About PetroChina Company Limited

PetroChina Company Limited (PCCYF) is a comprehensive energy corporation, operating as a key subsidiary of China National Petroleum Corporation. Founded in 1999 and based in Beijing, China, its expansive operations span various petroleum-related products, services, and activities across Mainland China and internationally. Its business model is divided into four primary segments: The Exploration and Production (E&P) segment handles the entire upstream process, from discovering and developing new reserves to the extraction and marketing of crude oil and natural gas. The Refining and Chemicals segment is responsible for processing crude oil and petroleum products, alongside manufacturing and distributing a broad spectrum of petrochemicals, including primary, derivative, and other chemical compounds. The Marketing segment focuses on the sale of refined petroleum products and engaging in trading activities. The Natural Gas and Pipeline segment manages the extensive transportation network for natural gas, crude oil, and refined products, in addition to the direct sales of natural gas. Demonstrating its vast infrastructure, as of December 31, 2021, the company operated a comprehensive pipeline system totaling 26,076 km. This network includes 17,329 km dedicated to natural gas, 7,340 km for crude oil, and 1,407 km for refined products. Beyond these core segments, PetroChina's operations also extend to the exploration, development, and production of unconventional resources like oil sands and coalbed methane. It further engages in the global trading of crude oil and petrochemicals, alongside managing diverse related businesses such as storage, chemical engineering services, service station networks, and various transportation and logistics facilities.

PetroChina Company Limited is headquartered in CN.

PetroChina Company Limited (PCCYF) stock trades at $1.23 with a market capitalization of $303.03B. The stock is valued at a price-to-earnings (P/E) ratio of 12.67, price-to-book of 1.23, price-to-sales of 0.70. Over the past 52 weeks the stock has ranged between $0.85 and $1.59, and currently trades 22.6% below its 52-week high. It pays a dividend yielding 5.69%.

On profitability, PetroChina Company Limited generates a return on equity (ROE) of 10.04%, return on capital employed of 10.20%, an operating margin of 8.51%, a net profit margin of 5.58%.

In its most recent fiscal year, PetroChina Company Limited reported annual revenue of $2.86T, net profit of $157.3B, revenue has compounded at 8.2% a year over the last five years, profit at 52.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.27 — a conservative balance sheet with little leverage risk, a current ratio of 1.13, total assets of $2.83T, $238.9B in cash and equivalents.

PCCYF has an average daily trading volume of 54,396 shares, a beta of 0.55 (less volatile than the overall market).

Official website: www.petrochina.com.cn