PetroChina Company Limited trades as part of the energy sector and oil and gas integrated industry. PetroChina Co is engaged in the exploration, development, production and sale of crude oil and natural gas, refining of crude oil and petroleum products, transmission of natural gas, crude oil and refined products and sale of natural gas.



Previous Intraday Performance:

The PTR shares had a previous change of -0.78% which opened at 64.75 and closed at 64.01. It moved to an intraday high of 64.86 and a low of 63.92.

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Historical Performance:

Over the last five trading days, PTR shares returned -2.72% and in the past 30 trading days it returned -0.62%. Over three months, it changed 0.08%. In one year it has changed -7.42% and within that year its 52-week high was 85.02 and its 52-week low was 59.21. PTR stock is 8.11% above its 52 Week Low.

Our calculations result in a 200 day moving average of 69.84 and a 50 day moving average of 65.65. Right now, PTR stock is trading -8.35% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  BP to exit China’s shale gas after poor drilling results – Reuters

Liquidity:

The company has a market cap of $117.2b with 1.8b shares outstanding and a float of 1.8b shares. Trading volume was 103,714 shares and has experienced an average volume of 80,635 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for PetroChina Company Limited was 4.22 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.17. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.00.

The dividend per share is currently 2.68, which is a dividend yield of 4.18%. PTR stock may not have sufficient earnings to cover future dividends and still be able to invest in and grow the business, therefore in the future the dividend may be reduced.

Base on our calculations, the intrinsic value per share is 61.66, which means it might overvalued by -3.81%

The next earnings report will be: 04-26-2019



EPS growth is an important number as it indicates the future prospects of PetroChina Company Limited; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 16.70% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 0.30% of institutional ownership. Short-interest was 120,939, which was 0.01% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.58. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 1.25

SeekingAlpha:  BP to exit China’s shale gas after poor drilling results – Reuters

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 4.35%, return on assets is 2.16%, profit margin is 3.16%, price-to-sales is 0.46 and price-to-book is 0.65.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 4  : Financial Safety Result
 3  : Past Performance Result
 2  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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