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$74.92 -12.04 (-13.85%)
10/15/2008 4:02 PM

PetroChina Company Limited (ADR) (PTR)

CAPS Rating:
****

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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3

Avatar jhl247 (58.48) Submitted: 11/10/06 5:25 PM : Outperform Start Price: $107.98 PTR Score: 4.24

Excellent growth prospects. Largest population in the world with the fastest growing economy? Makes sense to invest in the largest energy company. One drawback I see is the caps the Communist Government puts on prices to keep inflation low. This creates a drag on profits, but hey-- the Communist Government of China owns most of Petro China-- so who's to argue?

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