Is there a Bearish outlook for PetroChina Company Limited (NYSE:PTR) this week?

June 11, 2018 - By Paula Hilliard

PetroChina Company Limited (NYSE:PTR) Logo

PetroChina Company Limited (NYSE:PTR) Ratings Coverage

Among 2 analysts covering PetroChina Co (NYSE:PTR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. PetroChina Co had 2 analyst reports since January 2, 2018 according to SRatingsIntel. As per Tuesday, May 29, the company rating was upgraded by Bernstein. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, January 2 report. Below is a list of PetroChina Company Limited (NYSE:PTR) latest ratings and price target changes.

29/05/2018 Broker: Bernstein Old Rating: Market Perform New Rating: Outperform Upgrade
02/01/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade

The stock decreased 0.37% or $0.31 during the last trading session, reaching $84.18. About 89,441 shares traded. PetroChina Company Limited (NYSE:PTR) has risen 17.36% since June 11, 2017 and is uptrending. It has outperformed by 4.79% the S&P500.

PetroChina Company Limited, together with its subsidiaries, primarily engages in a range of petroleum related products, services, and activities. The company has market cap of $221.93 billion. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline divisions. It has a 44.31 P/E ratio. The Exploration and Production segment engages in the exploration, development, production, and marketing of natural gas and crude oil.

More recent PetroChina Company Limited (NYSE:PTR) news were published by: which released: “Petronas buys 25% stake in Shell-led LNG Canada project” on May 31, 2018. Also published the news titled: “LNG Canada committed to starting construction in 2018, CEO says” on May 15, 2018.‘s news article titled: “Iran gives Total just two months to seek US sanctions exemption” with publication date: May 30, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: