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Energy Minerals

PetroChina Co., Ltd.

Business Summary

PetroChina Co. Ltd. engages in the petroleum related products, services and activities. It operates through the following business segments: Exploration and Production; Refining and Chemicals; Marketing; Natural Gas and Pipeline; and Head Office and Other. The Exploration and Production segment involves exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment focuses on the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment includes marketing of refined products and the trading business. The Natural Gas and Pipeline segment comprises transmission of natural gas, crude oil, and refined products and the sale of natural gas. The Head Office and Other segment relates to cash management and financing activities, the corporate center, research and development, and other business services supporting the operating business segments of the Group. The company was founded on November 5, 1999 and is headquartered in Beijing, China.

Financial Highlights

Dec 2018 HKDUSD
Revenue2,605.06B332,383.11M
Gross Profit307,973.40M39,294.62M
Operating income145,646.37M18,583.16M
Income before tax122,660.86M15,650.41M
Net income62,291.61M7,947.84M
EBITDA427,080.90M54,491.66M
Diluted EPS0.340.04
Dividends Per Share0.200.02
Total Assets2,773.65B354,263.37M
Total liabilities1,164.99B148,798.81M
Total equity1,384.71B176,862.67M
Operating cash flow403,815.86M51,523.25M
Currency in HKDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 2,660.93B 1,944.09B 1,725.32B 2,159.94B 2,605.06B
Gross Profit 385,146.52M 245,518.15M 184,007.22M 225,278.58M 307,973.40M
Operating income 205,463.74M 87,841.09M 39,596.53M 72,660.61M 145,646.37M
Income before tax 183,489.82M 69,458.52M 47,946.05M 54,334.60M 122,660.86M
Net income 134,879.12M 43,809.53M 9,180.26M 26,288.07M 62,291.61M
EBITDA 430,972.09M 314,558.53M 300,472.84M 352,662.40M 427,080.90M
Diluted EPS 0.73 0.23 0.05 0.14 0.34
Dividends Per Share 0.33 0.10 0.06 0.15 0.20
Total Assets 3,006.78B 2,857.06B 2,673.80B 2,886.60B 2,773.65B
Total liabilities 1,359.58B 1,252.95B 1,142.32B 1,228.40B 1,164.99B
Total equity 1,469.83B 1,407.99B 1,326.52B 1,432.75B 1,384.71B
Operating cash flow 438,640.31M 310,512.72M 302,020.99M 411,044.34M 403,815.86M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 343,139.67M 250,767.70M 222,265.66M 277,170.83M 332,383.11M
Gross Profit 49,666.31M 31,669.24M 23,704.76M 28,908.49M 39,294.62M
Operating income 26,495.44M 11,330.57M 5,101.03M 9,324.05M 18,583.16M
Income before tax 23,661.81M 8,959.41M 6,176.65M 6,972.39M 15,650.41M
Net income 17,393.24M 5,650.96M 1,182.64M 3,373.37M 7,947.84M
EBITDA 55,575.72M 40,574.72M 38,708.47M 45,254.80M 54,491.66M
Diluted EPS 0.09 0.03 0.00 0.01 0.04
Dividends Per Share 0.04 0.01 0.00 0.01 0.02
Total Assets 387,729.38M 368,646.63M 344,866.67M 369,258.59M 354,263.37M
Total liabilities 175,321.09M 161,668.39M 147,336.64M 157,139.58M 148,798.81M
Total equity 189,538.04M 181,673.63M 171,094.89M 183,280.09M 176,862.67M
Operating cash flow 56,564.57M 40,052.85M 38,907.91M 52,746.56M 51,523.25M

Valuation Measures

Dec 2018
PER12.57
ROA2.20%
ROE4.42%
Operating margin5.59%
Profit margin2.39%

Key executives

  • Chief Financial Officer: Shou Ping Chai
  • Vice President: Long De Sun
  • Vice President: Jinghui Tian
  • Vice President: Xiao Ling
  • Vice President: Zhongcai Wang

Shareholders

  • The Vanguard Group, Inc. (3.4%)
  • BlackRock Fund Advisors (2.7%)
  • Norges Bank Investment Management (1.6%)
  • China State-Owned Assets Supervision & Admn Commission (1.3%)
  • Hang Seng Investment Management Ltd. (1.1%)
  • Dimensional Fund Advisors LP (1.1%)
  • Schroder Investment Management (Hong Kong) Ltd. (1.0%)
  • State Street Global Advisors Asia Ltd. (0.9%)
  • JPMorgan Asset Management (Asia Pacific) Ltd. (0.8%)
  • FIL Investment Management (Hong Kong) Ltd. (0.7%)

Contact Details

  • Website:http://www.petrochina.com.cn
  • Address: No. 9, Dongzhimen North Street, Dongcheng District, Beijing, 100007, China
  • Phone: +86.10.59986223

Related Companies

  • Petrochina Hong Kong Co. Ltd.
  • Forever Glowing International Pte Ltd.
  • PetroChina Co., Ltd. (Lubricating Oil Branch)
  • Daqing Oilfield Construction Group Co., Ltd.
  • PetroChina Co., Ltd. /Huabei Petrochemical Branch Co./
  • Petro China Co., Ltd. Jilin Petrochemical Branch
  • PetroChina & CRMSC Oil Marketing Co., Ltd.
  • Petrochina Co. Ltd. /Yunnan Refinery/
  • Jilin Petrochemical Co.
  • Sichuan Shengda Chemical New Material Co., Ltd.
  • Brion Duvernay Gas Partnership
  • PetroChina International Iraq FZE Iraq Branch
  • PetroChina International Jabung Ltd.
  • PetroChina Coalbed Methane Co., Ltd.
  • Petrochina Co., Ltd. /Shangluo Luonan Sales Branch/
  • PetroChina Co., Ltd. /Shandong Sales Branch/
  • China National Petroleum Marketing Co., Ltd.
  • PetroChina International Investment (Australia) Pty Ltd.
  • PetroChina North China Marketing Co.
  • Petrochina Northeast Marketing Co.
  • PetroChina International Middle East Co.
  • Aershan Drinks (Beijing) Co., Ltd.
  • PetroChina International (Canada) Trading Ltd.
  • PetroChina Sichuan Petrochemical Co. Ltd.
  • PetroChina Kelamayi Petrochemical Co.
  • PetroChina Huabei Oilfield Co.
  • Daqing Oilfield Co., Ltd.
  • PetroChina Talimu Oilfield Co., Ltd.
  • BP-Petrochina Fuels JV
  • Petrochina Co. Ltd. /Guangxi Petrochemical Branch/

Competitors

  • China Petroleum & Chemical Corporation Class H
  • Rosneft Oil Co.
  • Gazprom PJSC
  • SK Innovation Co., Ltd
  • Petroleo Brasileiro SA Pfd
  • CNOOC Limited
  • Trinseo SA
  • Petro Matad Limited
  • Qingdao Copton Technology Co., Ltd. Class A
  • Fuchs Petrolub SE Pref
  • Blue Energy Limited
  • GrafTech International Ltd.
  • Leigh Creek Energy Limited
Last Updated on 22 Jan, 2020

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