China Petroleum & Chemical (OTCMKTS:SNPMF – Get Free Report) will likely be releasing its results after the market closes on Friday, August 21st. Analysts expect China Petroleum & Chemical to announce earnings of $0.0118 per share and revenue of $110.3119 billion for the quarter.
China Petroleum & Chemical Stock Performance
Shares of OTCMKTS:SNPMF opened at $0.55 on Wednesday. China Petroleum & Chemical has a 1 year low of $0.48 and a 1 year high of $0.72. The business has a 50 day simple moving average of $0.54 and a two-hundred day simple moving average of $0.59.
China Petroleum & Chemical Company Profile
China Petroleum & Chemical Corporation (OTCMKTS: SNPMF), commonly known as Sinopec, is one of China’s largest integrated energy and chemical companies. Established in 1998 and headquartered in Beijing, Sinopec operates across the full hydrocarbon value chain, encompassing exploration and production of crude oil and natural gas, refining, marketing and distribution of petroleum products, as well as the manufacture of a broad array of petrochemicals. The company manages extensive refining facilities, petrochemical complexes and a nationwide retail network of service stations.
On the upstream side, Sinopec engages in onshore and offshore exploration and production activities through joint ventures and wholly owned subsidiaries.
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