China Petroleum & Chemical (OTCMKTS:SNPMF – Get Free Report) is expected to announce its results after the market closes on Friday, August 21st. Analysts expect the company to announce earnings of $0.0118 per share and revenue of $110.3119 billion for the quarter.
China Petroleum & Chemical Price Performance
OTCMKTS SNPMF opened at $0.55 on Thursday. China Petroleum & Chemical has a 12 month low of $0.48 and a 12 month high of $0.72. The stock’s 50 day moving average is $0.54 and its 200 day moving average is $0.59.
About China Petroleum & Chemical
China Petroleum & Chemical Corporation (OTCMKTS: SNPMF), commonly known as Sinopec, is one of China’s largest integrated energy and chemical companies. Established in 1998 and headquartered in Beijing, Sinopec operates across the full hydrocarbon value chain, encompassing exploration and production of crude oil and natural gas, refining, marketing and distribution of petroleum products, as well as the manufacture of a broad array of petrochemicals. The company manages extensive refining facilities, petrochemical complexes and a nationwide retail network of service stations.
On the upstream side, Sinopec engages in onshore and offshore exploration and production activities through joint ventures and wholly owned subsidiaries.
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