PetroChina Company Limited (PTR) to Release Earnings on Thursday
PetroChina Company Limited (NYSE:PTR) is scheduled to be releasing its earnings data on Thursday, August 24th. Analysts expect PetroChina Company Limited to post earnings of $0.39 per share for the quarter.
PetroChina Company Limited (PTR) opened at 61.31 on Monday. The company has a market capitalization of $116.51 billion, a price-to-earnings ratio of 29.20 and a beta of 1.18. The firm’s 50-day moving average price is $62.94 and its 200 day moving average price is $69.22. PetroChina Company Limited has a one year low of $60.69 and a one year high of $81.80.
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A number of brokerages have weighed in on PTR. Macquarie upgraded shares of PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a research note on Monday, May 15th. BidaskClub lowered shares of PetroChina Company Limited from a “sell” rating to a “strong sell” rating in a research note on Friday. 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. Credit Suisse Group upgraded shares of PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 5th. Finally, Sanford C. Bernstein lowered shares of PetroChina Company Limited from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. PetroChina Company Limited has a consensus rating of “Hold”.
PetroChina Company Limited Company Profile
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.
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