PetroChina (OTCMKTS:PCCYF – Get Free Report) is projected to release its results after the market closes on Friday, August 28th. Analysts expect PetroChina to announce earnings of $0.0545 per share and revenue of $108.2154 billion for the quarter.
PetroChina Trading Up 4.0%
PetroChina stock opened at $1.30 on Wednesday. PetroChina has a 1 year low of $0.89 and a 1 year high of $1.59. The firm’s 50 day moving average price is $1.20 and its 200-day moving average price is $1.29.
About PetroChina
PetroChina Company Limited, traded over-the-counter in the U.S. as PCCYF, serves as the publicly listed arm of China National Petroleum Corporation (CNPC), one of the world’s largest integrated energy companies. Established in 1999 and headquartered in Beijing, PetroChina engages in a full range of activities across the oil and gas value chain. The company is responsible for exploration, development and production of crude oil and natural gas reserves, capitalizing on extensive onshore and offshore assets throughout China.
In its midstream operations, PetroChina develops and manages pipeline networks, storage terminals and liquefied natural gas (LNG) facilities that support the domestic energy grid.
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