Shares of PetroChina Company Limited (OTCMKTS:PCCYF – Get Free Report) fell 3.5% on Friday . The stock traded as low as $1.2250 and last traded at $1.2250. Approximately 3,770 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 54,038 shares. The stock had previously closed at $1.27.
PetroChina Stock Down 3.5%
The firm has a fifty day moving average price of $1.24 and a 200 day moving average price of $1.29.
PetroChina Company Profile
PetroChina Company Limited, traded over-the-counter in the U.S. as PCCYF, serves as the publicly listed arm of China National Petroleum Corporation (CNPC), one of the world’s largest integrated energy companies. Established in 1999 and headquartered in Beijing, PetroChina engages in a full range of activities across the oil and gas value chain. The company is responsible for exploration, development and production of crude oil and natural gas reserves, capitalizing on extensive onshore and offshore assets throughout China.
In its midstream operations, PetroChina develops and manages pipeline networks, storage terminals and liquefied natural gas (LNG) facilities that support the domestic energy grid.
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