Browse by ▼

PetroChina Company Limited (ADR)

  • Shell outpaces Exxon in Iraq

    By Sarfaraz Khan - May 18, 2013 | Tickers: XOM, PTR, RDS-A

    Iraq’s Oil Reserves and Big Oil

    According to Iraq’s oil minister Abdul Kareem al-Luaibi, the country has 150 billion barrels of oil reserves, and this doesn’t include resources from the autonomous Kurdish region and other additional deposits. The country most likely has more than 200 billion barrels of total reserves. The British oil major BP thinks that the country has the world’s fifth largest reserves. However more »

  • 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 »

  • 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 »

  • 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 »

  • 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 »

  • 3 Ways to Profit From China

    By Phillip Woolgar - April 16, 2013 | Tickers: GSH, NTE, PTR

    China has drawn serious attention from investors in the United States over the past several years, and for good reason.

    The nation is a part of BRIC (Brazil, Russia, India, and China) countries, which are dubbed as the highest economic growth regions on the planet. China represents an area now lush with economic activity, that has improved the quality of life for many of the nearly 1.4 billion people more »

  • Cabot Oil & Gas - Gurus Jumping Ship!

    By Karl Ege - April 13, 2013 | Tickers: COG, GMCR, NFLX, PTR


    “ If I have seen further it is by standing on the shoulders of giants ”.

    Isaac Newton

    Spotting a good SHORT idea is never as easy as in the case of Enron with its avant-gardist business model (“the analysts just don’t get it “,J. Skilling ),off-balance sheet transactions and the mother of all red flags, the inability of now demised Arthur Andersen to properly finalize their audit of the once more »

  • How to Order a Piece of Chinese Pie

    By Phillip Woolgar - April 13, 2013 | Tickers: GSH, NTE, PTR

    China has drawn serious attention from investors in the United States over the past several years, and for good reason.

    The nation is part of BRIC (Brazil, Russia, India and China), which are dubbed the highest economic growth regions on the planet. China represents an area now lush with economic activity that has improved the quality of life for many of the nearly 1.4-billion people living in the country more »

  • 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 »

  • 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 »

  • 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 »

  • Challenges and Growth with Chinese Oil

    By Joshua Bondy - March 12, 2013 | Tickers: CEO, COP, PTR

    The oil market continues to develop, and China has become one of the biggest sources of consumption growth. This is in contrast to the U.S., where consumption of crude oil continues to fall. China's heavily state-directed economy gives its oil companies an extra level of complexity. China continues to grow, but investors need to be aware of the added risks from the Communist Party. 

    US Oil Consumption data more »

  • Will The Australian Basins Drive The Next Shale Oil And Gas Boom?

    By Nathan Kirykos - March 6, 2013 | Tickers: CVX, COP, HES, PTR

    The advances in the technology for hydraulic fracturing has arguably helped a spectacular rise of shale oil and gas production in North America. After this indisputable oil and gas boom, Australia is poised to commercialize its holdings too. Will Australia replicate North America's success? Will the shale oil and gas production rise in Australia as much as the largest of the kangaroo species, the Red Kangaroo, has more »

  • Sinopec Sees a Larger Pot and Raises

    By Peter Pham - February 26, 2013 | Tickers: SNP, CEO, GS, PTR

    China’s state owned oil giant China Petroleum and Chemical Corp (NYSE: SNP), otherwise known as Sinopec Corp is planning to sell new shares worth $3.1 billion in what is going to be one of the continent’s largest equity sales in 2013.  Sinopec has officially said that it needs funds for “general corporate purposes” but it is the reality is that it is going on a wholesale buying more »

  • Chinese Companies Looking For Energy

    By Reuben Brewer - February 21, 2013 | Tickers: CVX, SNP, CEO, XOM, NXY, PTR

    CNOOC (NYSE: CEO) has been granted U.S. approval for its purchase of Nexen (NYSE: NXY), a Canadian energy company. This is a big deal, not because of the ultimate price tag, but because it gives China a notable position in the Canadian Oil Sands region. Although Canada is looking to put limits on similar purchases, China will likely continue to aggressively buy oil and natural gas assets. It has more »

  • 4 Solid Stocks Within the BRIC Nations

    By Robert Ciura - February 13, 2013 | Tickers: CMGE, VALE, LUKOY.PK, PTR

    Goldman Sachs economist Jim O’Neill first coined the phrase ‘BRIC’ nations to categorize the countries most widely believed to be at the forefront of emerging market growth. These countries -- Brazil, Russia, India, and China -- comprised his belief that international countries, not the United States, would lead economic growth in the future.  Indeed, economic growth in the United States has been painfully slow, particularly with fourth-quarter gross domestic product surprisingly more »

  • Is Hard to Get Energy Worth the Risk?

    By Reuben Brewer - February 11, 2013 | Tickers: BP, E, PTR, STL, TOT

    Oil and natural gas are important aspects of our every day lives. Unfortunately, despite technological advances, finding the energy sources increasingly means entering hostile regions. At least some are questioning if the risks are worth it, which could change the shape of the oil and gas industry in some important ways. There's a way to stay invested, however, even if some companies decide to extricate themselves.

  • The Next Large Gas Play Is in … China?!

    By Chris Marasco - February 6, 2013 | Tickers: BP, CVX, COP, PTR, RDS-A

    Did you know that in Asia, natural gas can sell at multiples of the price in the United States?  It’s true.  And the price differential is one reason that U.S. oil and gas giants are crossing their fingers (lobbying) that the government will permit natural gas exports.

    Interestingly, China has a storehouse of natural gas.  Taken from The Wall Street Journal:

    “According to the U.S. Energy Information more »

  • Avoiding China's Risks

    By Reuben Brewer - January 24, 2013 | Tickers: CMGE, KMTUY, PTR, TSM, YUM | Editor's Choice

    China's growth story is so compelling that investors are jumping in with both feet. That may not be the best plan, though avoiding the area isn't a bight idea either. It's better to understand the risk and invest accordingly. Indeed, with a broader perspective, there are some well-known stocks you might pass over and others you might reconsider.

  • Sinopec Lays Another Block in China’s Shale Gas Foundation

    By Peter Pham - January 11, 2013 | Tickers: CVX, SNP, COP, PTR, RDS-A

    ConocoPhillips (NYSE: COP) is partnering with the second biggest Chinese oil and gas firm China Petrochemical (NYSE: SNP), otherwise known as Sinopec, to jointly work on development of shale gas resources in the Qijiang block at Sichuan Basin. The two will work together for two years to explore and develop shale gas reserves in the 3,918 square km block. While Sinopec will get a firsthand experience of working with more »

  • Page 1 of 3