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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
Revenue2,199.38B280,621.40M
Gross Profit260,013M33,175.31M
Operating income122,965M15,689.22M
Income before tax103,559M13,213.19M
Net income52,591M6,710.13M
EBITDA360,572M46,005.73M
Diluted EPS0.280.03
Dividends Per Share0.200.02
Total Assets2,432.26B310,660.02M
Total liabilities1,021.60B130,484.39M
Total equity1,214.28B155,094.10M
Operating cash flow340,930M43,499.58M
Currency in HKDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 2,114.32B 1,576.10B 1,476.63B 1,873.18B 2,199.38B
Gross Profit 306,029M 199,045M 157,484M 195,370M 260,013M
Operating income 163,257M 71,214M 33,889M 63,014M 122,965M
Income before tax 145,797M 56,311M 41,035M 47,121M 103,559M
Net income 107,172M 35,517M 7,857M 22,798M 52,591M
EBITDA 342,441M 255,017M 257,162M 305,842M 360,572M
Diluted EPS 0.58 0.19 0.04 0.12 0.28
Dividends Per Share 0.33 0.10 0.06 0.15 0.20
Total Assets 2,405.47B 2,393.84B 2,396.65B 2,404.61B 2,432.26B
Total liabilities 1,087.69B 1,049.81B 1,023.91B 1,023.29B 1,021.60B
Total equity 1,175.89B 1,179.71B 1,189.02B 1,193.52B 1,214.28B
Operating cash flow 348,534M 232,994M 230,598M 356,473M 340,930M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 272,651.27M 203,300.88M 190,227.78M 240,372.89M 280,621.40M
Gross Profit 39,463.77M 25,674.70M 20,287.90M 25,070.52M 33,175.31M
Operating income 21,052.70M 9,185.85M 4,365.75M 8,086.16M 15,689.22M
Income before tax 18,801.15M 7,263.52M 5,286.34M 6,046.72M 13,213.19M
Net income 13,820.29M 4,581.31M 1,012.17M 2,925.51M 6,710.13M
EBITDA 44,159.25M 32,894.49M 33,128.94M 39,246.65M 46,005.73M
Diluted EPS 0.07 0.02 0.00 0.01 0.03
Dividends Per Share 0.04 0.01 0.00 0.01 0.02
Total Assets 310,189.50M 308,877.09M 309,119.64M 307,601.33M 310,660.02M
Total liabilities 140,259.58M 135,456.72M 132,064.51M 130,901.07M 130,484.39M
Total equity 151,633.37M 152,218.46M 153,360.11M 152,676.75M 155,094.10M
Operating cash flow 44,944.97M 30,053.76M 29,706.83M 45,743.79M 43,499.58M

Valuation Measures

Dec 2018
PER--
ROA2.17%
ROE4.36%
Operating margin5.59%
Profit margin2.39%

Key executives

  • President, Executive Director & Vice President: Qijun Hou
  • Chief Financial Officer: Shou Ping Chai
  • Vice President: Long De Sun
  • Vice President: Jinghui Tian
  • Vice President: Xiao Ling

Shareholders

  • The Vanguard Group, Inc. (3.3%)
  • 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 (1.0%)
  • Schroder Investment Management (Hong Kong) Ltd. (1.0%)
  • State Street Global Advisors Asia Ltd. (0.9%)
  • JPMorgan Asset Management (Asia Pacific) Ltd. (0.8%)
  • Hermes Investment Management 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
  • Fuchs Petrolub SE Pref
  • Qingdao Copton Technology Co., Ltd. Class A
  • Blue Energy Limited
  • GrafTech International Ltd.
  • Leigh Creek Energy Limited
Last Updated on 23 Oct, 2019

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