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The Company is engaged in a range of petroleum-related activities, including the exploration, development, production and sale of crude oil and natural gas, and the refining, transportation, storage and marketing of crude oil and petroleum products.
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Maximop (< 20) Submitted: 9/25/07 1:33 PM : Start Price: $169.93 PTR Score: -6.42
It is an energy giant, it won regulatory approval to list 4 billion new yuan shares on the Shanghai stock exchange.It is one of the most profitable companies in Oil&Gas (25% Operating profit). It is also in the minority group of O&G companies distributing a dividend (5.44$/year). Despite Buffet selling its stake on Petrochina, I believe this stock is going to grow and give good returns to its shareholdrs.
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