PetroChina Company Limited (NYSE:PTR) is set to announce its earnings results before the market opens on Thursday, August 24th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.
Shares of PetroChina Company Limited (PTR) opened at 62.55 on Wednesday. The stock has a market capitalization of $118.87 billion, a PE ratio of 29.79 and a beta of 1.18. The company has a 50-day moving average of $62.97 and a 200-day moving average of $68.96. PetroChina Company Limited has a 12 month low of $60.69 and a 12 month high of $81.80.
A number of research firms have commented on PTR. BidaskClub downgraded shares of PetroChina Company Limited from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Macquarie upgraded shares of PetroChina Company Limited from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 2nd. Morgan Stanley upgraded shares of PetroChina Company Limited from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 31st. Mizuho downgraded shares of PetroChina Company Limited from a “buy” rating to a “neutral” rating in a research note on Friday, July 28th. Finally, Sanford C. Bernstein downgraded shares of PetroChina Company Limited from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold”.
About PetroChina Company Limited
PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.
Receive News & Ratings for PetroChina Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetroChina Company Limited and related companies with MarketBeat.com's FREE daily email newsletter.
