Media headlines about PetroChina (NYSE:PTR) have been trending neutral recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PetroChina earned a news impact score of 0.50 on their scale. InfoTrie also assigned media coverage about the oil and gas company an news buzz score of 7 out of 10, meaning that recent media coverage is likely to have an effect on the stock’s share price in the immediate future.
NYSE:PTR opened at $68.60 on Thursday. The firm has a market cap of $122.08 billion, a price-to-earnings ratio of 38.54, a P/E/G ratio of 0.37 and a beta of 1.25. PetroChina has a 1 year low of $59.21 and a 1 year high of $85.02. The company has a current ratio of 0.86, a quick ratio of 0.57 and a debt-to-equity ratio of 0.13.
PTR has been the topic of several recent research reports. Zacks Investment Research downgraded PetroChina from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 3rd. BNP Paribas downgraded PetroChina from a “buy” rating to a “hold” rating in a research report on Tuesday, December 11th. Morgan Stanley upgraded PetroChina from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 9th. ValuEngine downgraded PetroChina from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Finally, JPMorgan Chase & Co. upgraded PetroChina from a “neutral” rating to an “overweight” rating in a research report on Thursday, November 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $91.90.
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PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.
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