China Petroleum & Chemical Corp. (ADR)
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3 Oil & Gas Stocks From Emerging Markets
By Victor Selva - May 17, 2013 | Tickers: SNP, CEO, PBR
Emerging markets provide plenty of growth opportunities, especially due to their higher current and expected GDP growth rates. In this article we will look into three interesting oil and gas companies from two quickly developing economies, Brazil and China. These are Petrobras (NYSE: PBR), China Petroleum & Chemical Corp. (NYSE: SNP) and CNOOC Ltd. (NYSE: CEO), companies that provide compelling long-term growth prospects and which you should consider for your portfolio more »
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Significant Risks in Passive Chinese ETFs
By Jeff Stouffer - May 15, 2013 | Tickers: CHL, SNP, CEO, PTR, CHXF
Passive, index-tracking exchange-traded funds are in huge demand -- but are they always wise investments? The WisdomTree China Dividend Ex-Financials Fund (NASDAQ: CHXF) is an example of an index fund with a lot of unnecessary risk--the index it follows is based on investing in Chinese dividend-paying stocks. The year-to-date return is -5.08% and a dividend has yet to be established or paid (see the price chart below).
Some of the more »
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Oil Risks Writ Large
By Reuben Brewer - May 13, 2013 | Tickers: BP, CHK, SNP, RDS-B
BP (NYSE: BP) is in the news again because of problems at one of its drilling platforms. Although the North Sea event didn't have the massive implications of the Gulf of Mexico spill, it continues a trend that should worry investors.
Hard to find
Oil is increasingly difficult to find. That's a big problem for the world's international oil drillers. It means that it is becoming harder more »
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Chinese Oil Majors Create Smörgåsbord for Bond Investors
By Peter Pham - May 11, 2013 | Tickers: SNP, CEO, LQD
The second half of April saw record setting bond sales Hong Kong and New York. Asia’s leading oil refiner Sinopec (NYSE: SNP) sold $3.5 billion, which was the not only the biggest bond sale by a Chinese company in the last ten years, but also the single largest sale in Asia, excluding Japan. Two weeks later, CNOOC (NYSE: CEO) announced an even bigger bond sale worth $4 billion more »
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Buy These 5 Oil Majors Yielding 5%
By Mark Yagalla - May 9, 2013 | Tickers: BP, SNP, EC, RDS-B, TOT
As dividend investors know, the most important thing is the likelihood of the dividend continuing. With government bonds yielding next to nothing, there's no better place for income investors to be than in owning major oil companies. Here I've identified 5 that offer investors yields above 5%.
Ecopetrol SA (NYSE: EC)
Dividend Yield: ~5.90%
Ecopetrol is the largest oil company in Colombia. It is one of the more »
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Turnaround of Asia’s Largest Refiner
By Sarfaraz Khan - May 3, 2013 | Tickers: CVX, SNP, XOM, PTR, RDSA, RDS-A
Asia’s refining giant China Petroleum and Chemical Corp (NYSE: SNP), more commonly known as Sinopec, has recently released its quarterly results in which its profits increased by 24% due to a significant and much awaited turnaround of its refining business. The Chinese authorities have been keeping a lid on oil prices to curtail inflation, but they have been moving towards more market friendly fuel pricing policies, which will change more »
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A World Filled With Oil Part III
By Reuben Brewer - May 2, 2013 | Tickers: SNP, CEO, PTR
Oil and natural gas demand grows as a society grows. Nowhere is this more apparent today than China. In fact, that nation is on a mission to ensure its access to these vital resources. Investors can tag along for the ride with CNOOC (NYSE: CEO), PetroChina (NYSE: PTR), and China Petroleum & Chemical Corp. (NYSE: SNP).
Moving
There is a massive infrastructure to support the production and use of oil. This more »
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3 Big Players in the Oil & Gas Sector
By Victor Selva - May 2, 2013 | Tickers: ACMP, CHK, SNP, KMI, WMB, WPZ
The oil and gas business is one of the most profitable in the planet. Some major players offer specific services and products and, therefore, interesting investment prospects. In this article we will examine Chesapeake Energy (NYSE: CHK), Williams Companies (NYSE: WMB) and Kinder Morgan (NYSE: KMI) so as to elucidate how profitable they can be for investors.
A bet on the natural gas
Independent oil and gas company Chesapeake Energy more »
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Chinese Refiners Are Free to Make a Profit
By Peter Pham - May 2, 2013 | Tickers: SNP, PTR, BNO
China’s refining sector continually struggles to come to grips with government control of the price of fuel and the incessant volatility of oil prices amidst global monetary stress. Asia’s leading refiner and China’s second-biggest oil firm China Petroleum and Chemical (ADR) (NYSE: SNP), otherwise known as Sinopec, posted a dip in annual profits as it was hit by fuel price controls at its home in the face more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 9, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between State Owned Enterprises and those not connected to them by increasing their dividend payments to the state by 5% percentage points by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction more »
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Chinese Refiners Free to Make a Profit
By Peter Pham - April 9, 2013 | Tickers: SNP, PTR, BNO
Asia’s leading refiner and China’s second biggest oil firm China Petroleum and Chemical Corp (NYSE: SNP), otherwise known as Sinopec, posted a dip in annual profits as it was hit by fuel price controls at its home in the face of rising oil prices. The Chinese government has suppressed refined fuel prices – not allowing the price to rise even though by its own control mechanism a price hike more »
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An Energy Play On China's Growth
By Matthew Frankel - April 6, 2013 | Tickers: SNP, XOM, PTR
PetroChina (NYSE: PTR) is the largest oil and gas producer in China, and with over $300 billion in revenues annually, is one of the largest companies in the world of any kind. With shares still just worth less than half of what they were worth at the 2007 peak, is this the right time to get in?
PetroChina’s revenue growth has certainly reflected the overall growth of China’s more »
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An Energy Play On China's Growth
By Matthew Frankel - April 3, 2013 | Tickers: SNP, XOM, PTR
PetroChina (NYSE: PTR) is the largest oil and gas producer in China, and with over $300 billion in revenues annually, is one of the largest companies in the world of any kind. With shares still just worth less than half of what they were worth at the 2007 peak, is this the right time to get in?
PetroChina’s revenue growth has certainly reflected the overall growth of China’s more »
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Petronas Pursues Aggressive Expansion Despite Political Uncertainties
By Peter Pham - March 9, 2013 | Tickers: SNP, CEO, COP, XOM, EEM, EWM, PRQNF, RDS-A, VWO
After finalizing the acquisition of Canada’s Progress Energy (PRQNF.PK), Malaysia’s state owned oil and gas firm Petroliam Nasional Bhd, more commonly known as Petronas, is planning to spend as much as $60 billion (RM 186 billion) over the next five years to ramp up the country’s oil and gas sector in a major exploration and production drive. Moreover, it is also expected to spend an additional more »
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The Risk of Government Intrusion in Foreign Oil Stocks
By Bob Chandler - March 4, 2013 | Tickers: SNP, E, PBR, TOT
The risk of governments meddling in the affairs of foreign-based oil companies is an important consideration. Harmful policies can quickly turn a highly profitable circumstance into a difficult, less lucrative operating environment. The recent deterioration of Petrobras (NYSE: PBR) is a telling example.
Petrobras is a Brazilian firm engaged in oil exploration, production, refining, and marketing. The company's most appealing assets are its large oil and gas reserves. It more »
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Four Chinese Dividend Picks From The Matthews Funds
By Reuben Brewer - February 26, 2013 | Tickers: CHK, CMGE, SNP, CEO, NXY, TSM
The Matthews family of Funds specializes on investing in Asia. A new report out from portfolio manager Yu Zhang stresses the benefits of a dividend focus in China and the changes in the market that make it easier now than ever before to be a dividend investor in that country. Four stocks in Matthews China Dividend Fund's concentrated portfolio are easy for U.S. investors to get their hands more »
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