Petrochina Co Stock Today

PCCYF Stock  USD 0.83  0.01  1.22%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 32

 
100  
 
Zero
Below Average
PetroChina is trading at 0.83 as of the 28th of March 2024. This is a 1.22 percent up since the beginning of the trading day. The stock's lowest day price was 0.83. PetroChina has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for PetroChina Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation. The company has 21.1 B outstanding shares. More on PetroChina Co

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PetroChina Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PetroChina's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PetroChina or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanDongjin Wang
Business ConcentrationOil & Gas Integrated, Energy (View all Sectors)
PetroChina Co [PCCYF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mega-Cap' category with a current market capitalization of 132.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PetroChina's market, we take the total number of its shares issued and multiply it by PetroChina's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. PetroChina classifies itself under Energy sector and is part of Oil & Gas Integrated industry. The entity has 21.1 B outstanding shares. PetroChina Co has accumulated about 273.09 B in cash with 341.47 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.49, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check PetroChina Probability Of Bankruptcy
Ownership Allocation
PetroChina has a total of 21.1 Billion outstanding shares. 30% of PetroChina Co outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check PetroChina Ownership Details

PetroChina Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of PetroChina jumping above the current price in 90 days from now is about 5.28%. The PetroChina Co probability density function shows the probability of PetroChina pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.0576 indicating PetroChina Co market returns are reactive to returns on the market. As the market goes up or down, PetroChina is expected to follow. Additionally, petroChina Co has an alpha of 0.3607, implying that it can generate a 0.36 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.83HorizonTargetOdds Above 0.83
94.67%90 days
 0.83 
5.28%
Based on a normal probability distribution, the odds of PetroChina to move above the current price in 90 days from now is about 5.28 (This PetroChina Co probability density function shows the probability of PetroChina Pink Sheet to fall within a particular range of prices over 90 days) .

PetroChina Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. PetroChina market risk premium is the additional return an investor will receive from holding PetroChina long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PetroChina. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PetroChina's alpha and beta are two of the key measurements used to evaluate PetroChina's performance over the market, the standard measures of volatility play an important role as well.

PetroChina Stock Against Markets

Picking the right benchmark for PetroChina pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PetroChina pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PetroChina is critical whether you are bullish or bearish towards PetroChina Co at a given time. Please also check how PetroChina's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PetroChina without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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PetroChina Corporate Directors

PetroChina corporate directors refer to members of a PetroChina board of directors. The board of directors generally takes responsibility for the PetroChina's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PetroChina's board members must vote for the resolution. The PetroChina board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Boqiang LinNon-Executive Independent DirectorProfile
Weizhong TanNon-Executive DirectorProfile
Tatsuhito TokuchiIndependent Non-Executive DirectorProfile
Simon HenryIndependent Non-Executive DirectorProfile

How to buy PetroChina Pink Sheet?

Before investing in PetroChina, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PetroChina. To buy PetroChina stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of PetroChina. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase PetroChina stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located PetroChina Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased PetroChina Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PetroChina Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in PetroChina Co?

The danger of trading PetroChina Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PetroChina is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PetroChina. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PetroChina is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PetroChina Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running PetroChina's price analysis, check to measure PetroChina's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PetroChina is operating at the current time. Most of PetroChina's value examination focuses on studying past and present price action to predict the probability of PetroChina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetroChina's price. Additionally, you may evaluate how the addition of PetroChina to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PetroChina's value and its price as these two are different measures arrived at by different means. Investors typically determine if PetroChina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PetroChina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.