China Petroleum & Chemical Corp. (ADR) (NYSE:SNP)

CAPS Rating: 2 out of 5

The Company currently explores for, develop and produce crude oil and natural gas in a number of areas across China.

Recs

1
Player Avatar tagmusic (47.85) Submitted: 11/28/2007 7:25:42 PM : Underperform Start Price: $112.93 SNP Score: +18.22

Oil demand increases (in China) but need more refineries to keep up with demand. State owned and infusing money into the companies deludes the value for now.

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