Q4 2019 EPS Estimates for PetroChina Company Limited (NYSE:PTR) Reduced by Jefferies …

Two Sigma Investments LP increased its holdings in PetroChina by 68.2% in the 4th quarter. Two Sigma Investments LP now owns 93,843 shares of …

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PetroChina Company Limited (NYSE:PTR) – Jefferies Financial Group reduced their Q4 2019 earnings estimates for shares of PetroChina in a research report issued to clients and investors on Monday, July 15th, according to Zacks Investment Research. Jefferies Financial Group analyst L. Yu now forecasts that the oil and gas company will post earnings per share of $1.30 for the quarter, down from their previous forecast of $1.74. Jefferies Financial Group also issued estimates for PetroChina’s FY2020 earnings at $4.93 EPS and FY2021 earnings at $5.94 EPS.

PTR has been the topic of several other research reports. JPMorgan Chase & Co. reiterated a “buy” rating on shares of PetroChina in a research note on Friday, April 5th. ValuEngine cut shares of PetroChina from a “sell” rating to a “strong sell” rating in a research note on Monday, July 8th. Zacks Investment Research upgraded shares of PetroChina from a “strong sell” rating to a “hold” rating and set a $47.00 target price on the stock in a research note on Monday, June 3rd. TheStreet cut shares of PetroChina from a “b-” rating to a “c+” rating in a research note on Friday, May 17th. Finally, Macquarie upgraded shares of PetroChina from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 17th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $71.11.

Shares of PetroChina stock opened at $51.93 on Thursday. The stock’s fifty day simple moving average is $54.77. The stock has a market cap of $98.39 billion, a PE ratio of 12.08 and a beta of 1.19. PetroChina has a 1-year low of $51.66 and a 1-year high of $83.24. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.13.

PetroChina (NYSE:PTR) last issued its quarterly earnings results on Monday, April 29th. The oil and gas company reported $0.40 earnings per share for the quarter. The business had revenue of $95.38 billion for the quarter. PetroChina had a net margin of 2.20% and a return on equity of 3.72%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC increased its holdings in PetroChina by 1.0% in the 4th quarter. Millennium Management LLC now owns 108,088 shares of the oil and gas company’s stock valued at $6,653,000 after acquiring an additional 1,120 shares during the last quarter. Two Sigma Investments LP increased its holdings in PetroChina by 68.2% in the 4th quarter. Two Sigma Investments LP now owns 93,843 shares of the oil and gas company’s stock valued at $5,776,000 after acquiring an additional 38,042 shares during the last quarter. NS Partners Ltd increased its holdings in PetroChina by 4.2% in the 1st quarter. NS Partners Ltd now owns 61,809 shares of the oil and gas company’s stock valued at $4,044,000 after acquiring an additional 2,500 shares during the last quarter. Two Sigma Advisers LP increased its holdings in PetroChina by 46.3% in the 4th quarter. Two Sigma Advisers LP now owns 52,800 shares of the oil and gas company’s stock valued at $3,250,000 after acquiring an additional 16,700 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in PetroChina in the 4th quarter valued at $2,571,000. Institutional investors own 0.23% of the company’s stock.

PetroChina Company Profile

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.

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Earnings History and Estimates for PetroChina (NYSE:PTR)

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PetroChina Company Limited Expected to Post Q4 2019 Earnings of $1.30 Per Share (NYSE:PTR)

Finally, Two Sigma Investments LP lifted its holdings in shares of PetroChina by 68.2% in the fourth quarter. Two Sigma Investments LP now owns …

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PetroChina Company Limited (NYSE:PTR) – Investment analysts at Jefferies Financial Group dropped their Q4 2019 EPS estimates for PetroChina in a report released on Monday, July 15th. Jefferies Financial Group analyst L. Yu now expects that the oil and gas company will earn $1.30 per share for the quarter, down from their prior estimate of $1.74. Jefferies Financial Group also issued estimates for PetroChina’s FY2020 earnings at $4.93 EPS and FY2021 earnings at $5.94 EPS.

PetroChina (NYSE:PTR) last issued its quarterly earnings results on Monday, April 29th. The oil and gas company reported $0.40 EPS for the quarter. The company had revenue of $95.38 billion for the quarter. PetroChina had a return on equity of 3.72% and a net margin of 2.20%.

Other equities analysts also recently issued research reports about the company. ValuEngine downgraded Intersect ENT from a “buy” rating to a “hold” rating in a research report on Monday, July 8th. Daiwa Capital Markets began coverage on shares of PetroChina in a research report on Monday, July 8th. They issued an “outperform” rating on the stock. Goldman Sachs Group cut shares of E.ON SE Sponsored ADR (Germany) from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 14th. Zacks Investment Research raised shares of Global Ship Lease from a “hold” rating to a “strong-buy” rating and set a $7.75 price target on the stock in a research report on Monday, June 3rd. Finally, Credit Suisse Group dropped their price target on shares of FOX from $51.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, June 3rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $71.11.

NYSE:PTR opened at $54.09 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of $55.16. The firm has a market capitalization of $99.20 billion, a P/E ratio of 12.58 and a beta of 1.19. PetroChina has a 52-week low of $53.86 and a 52-week high of $83.24.

A number of institutional investors and hedge funds have recently made changes to their positions in PTR. PNC Financial Services Group Inc. grew its position in PetroChina by 53.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,384 shares of the oil and gas company’s stock valued at $86,000 after buying an additional 485 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of PetroChina in the fourth quarter valued at $2,571,000. Lindbrook Capital LLC lifted its holdings in shares of PetroChina by 225.6% in the first quarter. Lindbrook Capital LLC now owns 407 shares of the oil and gas company’s stock valued at $26,000 after buying an additional 282 shares during the period. Two Sigma Advisers LP lifted its holdings in shares of PetroChina by 46.3% in the fourth quarter. Two Sigma Advisers LP now owns 52,800 shares of the oil and gas company’s stock valued at $3,250,000 after buying an additional 16,700 shares during the period. Finally, Two Sigma Investments LP lifted its holdings in shares of PetroChina by 68.2% in the fourth quarter. Two Sigma Investments LP now owns 93,843 shares of the oil and gas company’s stock valued at $5,776,000 after buying an additional 38,042 shares during the period. Institutional investors own 0.23% of the company’s stock.

PetroChina Company Profile

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.

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Earnings History and Estimates for PetroChina (NYSE:PTR)

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PetroChina (NYSE:PTR) Downgraded by Credit Suisse Group to Underperform

Two Sigma Investments LP lifted its holdings in PetroChina by 68.2% in the fourth quarter. Two Sigma Investments LP now owns 93,843 shares of the …

PetroChina logoPetroChina (NYSE:PTR) was downgraded by Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Monday, June 3rd, Marketbeat Ratings reports.

PTR has been the subject of several other reports. Goldman Sachs Group upgraded PetroChina from a “neutral” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Tuesday, May 14th. JPMorgan Chase & Co. restated a “buy” rating on shares of PetroChina in a research note on Friday, April 5th. Citigroup upgraded PetroChina from a “neutral” rating to a “buy” rating and set a $57.45 target price for the company in a research note on Friday, May 24th. TheStreet cut shares of PetroChina from a “b-” rating to a “c+” rating in a research report on Friday, May 17th. Finally, Zacks Investment Research raised shares of PetroChina from a “strong sell” rating to a “hold” rating and set a $47.00 price target on the stock in a research report on Monday, June 3rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $71.11.

Shares of PTR stock traded down $0.51 on Monday, reaching $55.23. 76,118 shares of the stock were exchanged, compared to its average volume of 90,037. PetroChina has a 1-year low of $54.12 and a 1-year high of $83.24. The stock has a market cap of $102.82 billion, a PE ratio of 12.84 and a beta of 1.24. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average price is $56.68.

PetroChina (NYSE:PTR) last announced its quarterly earnings results on Monday, April 29th. The oil and gas company reported $0.40 earnings per share (EPS) for the quarter. PetroChina had a return on equity of 3.72% and a net margin of 2.20%. The firm had revenue of $95.38 billion during the quarter. As a group, equities analysts forecast that PetroChina will post 4.58 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of PTR. LMR Partners LLP lifted its holdings in PetroChina by 6,874.4% in the fourth quarter. LMR Partners LLP now owns 196,121 shares of the oil and gas company’s stock worth $12,220,000 after acquiring an additional 193,309 shares during the last quarter. OLD Mission Capital LLC bought a new position in PetroChina in the fourth quarter worth about $2,571,000. Sumitomo Mitsui Trust Holdings Inc. bought a new position in PetroChina in the first quarter worth about $2,678,000. Two Sigma Investments LP lifted its holdings in PetroChina by 68.2% in the fourth quarter. Two Sigma Investments LP now owns 93,843 shares of the oil and gas company’s stock worth $5,776,000 after acquiring an additional 38,042 shares during the last quarter. Finally, Segantii Capital Management Ltd bought a new position in PetroChina in the fourth quarter worth about $2,186,000. 0.23% of the stock is currently owned by hedge funds and other institutional investors.

About PetroChina

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.

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Analyst Recommendations for PetroChina (NYSE:PTR)

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Signaturefd LLC Trims Holdings in PetroChina Company Limited (NYSE:PTR)

Two Sigma Investments LP lifted its position in shares of PetroChina by 68.2% during the fourth quarter. Two Sigma Investments LP now owns 93,843 …

PetroChina logoSignaturefd LLC lessened its holdings in shares of PetroChina Company Limited (NYSE:PTR) by 37.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 500 shares of the oil and gas company’s stock after selling 295 shares during the quarter. Signaturefd LLC’s holdings in PetroChina were worth $33,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PTR. LMR Partners LLP raised its position in PetroChina by 6,874.4% in the 4th quarter. LMR Partners LLP now owns 196,121 shares of the oil and gas company’s stock valued at $12,220,000 after purchasing an additional 193,309 shares during the last quarter. Millennium Management LLC increased its position in PetroChina by 1.0% in the 4th quarter. Millennium Management LLC now owns 108,088 shares of the oil and gas company’s stock valued at $6,653,000 after acquiring an additional 1,120 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of PetroChina by 68.2% during the fourth quarter. Two Sigma Investments LP now owns 93,843 shares of the oil and gas company’s stock worth $5,776,000 after purchasing an additional 38,042 shares in the last quarter. NS Partners Ltd boosted its position in PetroChina by 4.2% in the 1st quarter. NS Partners Ltd now owns 61,809 shares of the oil and gas company’s stock valued at $4,044,000 after buying an additional 2,500 shares during the last quarter. Finally, Two Sigma Advisers LP raised its position in shares of PetroChina by 46.3% during the fourth quarter. Two Sigma Advisers LP now owns 52,800 shares of the oil and gas company’s stock worth $3,250,000 after acquiring an additional 16,700 shares during the last quarter. 0.23% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on PTR shares. TheStreet cut shares of PetroChina from a “b-” rating to a “c+” rating in a research report on Friday, May 17th. Zacks Investment Research cut PetroChina from a “hold” rating to a “sell” rating in a research note on Tuesday, April 2nd. ValuEngine lowered shares of PetroChina from a “hold” rating to a “sell” rating in a report on Tuesday, March 26th. Citigroup raised PetroChina from a “neutral” rating to a “buy” rating and set a $57.45 price objective on the stock in a research note on Friday, May 24th. Finally, Goldman Sachs Group raised PetroChina from a “neutral” rating to a “buy” rating and set a $74.00 price target on the stock in a research report on Tuesday, May 14th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $71.11.

NYSE:PTR opened at $55.14 on Thursday. The stock has a market cap of $99.71 billion, a P/E ratio of 12.82 and a beta of 1.24. PetroChina Company Limited has a 52-week low of $54.12 and a 52-week high of $83.24. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.13.

PetroChina (NYSE:PTR) last posted its quarterly earnings results on Monday, April 29th. The oil and gas company reported $0.40 earnings per share (EPS) for the quarter. The firm had revenue of $95.38 billion for the quarter. PetroChina had a net margin of 2.20% and a return on equity of 3.72%. On average, research analysts predict that PetroChina Company Limited will post 4.58 earnings per share for the current year.

The business also recently disclosed a special dividend, which will be paid on Monday, August 12th. Stockholders of record on Thursday, June 20th will be given a $0.4059 dividend. The ex-dividend date is Wednesday, June 19th. This is a positive change from PetroChina’s previous special dividend of $0.32. This represents a dividend yield of 2.85%. PetroChina’s dividend payout ratio is presently 20.00%.

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PetroChina Profile

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.

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Institutional Ownership by Quarter for PetroChina (NYSE:PTR)

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Blueshift Asset Management LLC Takes Position in PetroChina Company Limited (NYSE:PTR)

Renaissance Technologies LLC increased its holdings in PetroChina by 6.6% in the third quarter. Renaissance Technologies LLC now owns 880,200 …

PetroChina logoBlueshift Asset Management LLC bought a new stake in PetroChina Company Limited (NYSE:PTR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,118 shares of the oil and gas company’s stock, valued at approximately $253,000.

A number of other large investors have also bought and sold shares of PTR. Hsbc Holdings PLC purchased a new position in PetroChina in the third quarter valued at $19,457,000. Marshall Wace LLP purchased a new position in PetroChina in the third quarter valued at $5,461,000. Sensato Investors LLC purchased a new position in PetroChina in the third quarter valued at $4,623,000. Renaissance Technologies LLC increased its holdings in PetroChina by 6.6% in the third quarter. Renaissance Technologies LLC now owns 880,200 shares of the oil and gas company’s stock valued at $71,683,000 after buying an additional 54,200 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of PetroChina by 294.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 52,421 shares of the oil and gas company’s stock worth $4,269,000 after purchasing an additional 39,121 shares during the last quarter. 0.24% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on the company. ValuEngine lowered PetroChina from a “hold” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research raised PetroChina from a “strong sell” rating to a “hold” rating in a report on Friday, March 22nd. Morgan Stanley raised PetroChina from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 9th. Citigroup lowered PetroChina from a “buy” rating to a “neutral” rating in a report on Friday, January 4th. Finally, BNP Paribas lowered PetroChina from a “buy” rating to a “hold” rating in a report on Tuesday, December 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. PetroChina presently has a consensus rating of “Hold” and an average price target of $91.90.

Shares of PTR opened at $65.49 on Friday. PetroChina Company Limited has a fifty-two week low of $59.21 and a fifty-two week high of $85.02. The stock has a market cap of $118.84 billion, a PE ratio of 36.79, a price-to-earnings-growth ratio of 0.36 and a beta of 1.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.74 and a quick ratio of 0.44.

The firm also recently announced a special dividend, which will be paid on Monday, August 12th. Stockholders of record on Thursday, June 20th will be paid a dividend of $0.4059 per share. This is an increase from PetroChina’s previous special dividend of $0.32. The ex-dividend date of this dividend is Wednesday, June 19th. This represents a dividend yield of 2.85%. PetroChina’s dividend payout ratio is 96.63%.

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PetroChina Company Profile

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.

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Institutional Ownership by Quarter for PetroChina (NYSE:PTR)

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