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PetroChina Co Ltd (0857.HK)

0857.HK on Hong Kong Stock

5.67HKD
7:43am GMT
Change (% chg)

HK$-0.03 (-0.53%)
Prev Close
HK$5.70
Open
HK$5.65
Day's High
HK$5.70
Day's Low
HK$5.62
Volume
89,717,083
Avg. Vol
119,998,184
52-wk High
HK$6.74
52-wk Low
HK$5.08

Latest Key Developments (Source: Significant Developments)

Petrochina Qtrly IFRS Profit Attributable RMB 21,036 Mln
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Petrochina Co Ltd <601857.SS>::QTRLY IFRS PROFIT ATTRIBUTABLE RMB 21,036 MILLION VERSUS RMB 4,690 MILLION.QTRLY CAS NET PROFIT ATTRIBUTABLE RMB21,035 MILLION VERSUS RMB 4,688 MILLION A YEAR AGO.QTRLY REVENUE RMB 601,111 MILLION VERSUS RMB481,795 MILLION A YEAR AGO.IN Q4 EXPECTED THERE WILL BE QUITE UNCERTAIN GEOPOLITICAL RISKS AND GLOBAL OIL MARKET WILL BE TIGHTLY BALANCED.NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY FOR 2018 IS EXPECTED TO INCREASE SUBSTANTIALLY.IN Q4, GLOBAL OIL MARKET WILL BE TIGHTLY BALANCED, WITH A POSSIBILITY OF DEMAND EXCEEDING SUPPLY IN A SHORT PERIOD."IN Q4, INTERNATIONAL OIL PRICES WILL CONTINUE TO FLUCTUATE WITHIN A CERTAIN RANGE".  Full Article

Transcanada To Construct Coastal Gaslink Pipeline Project
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - TransCanada Corp ::TRANSCANADA TO CONSTRUCT COASTAL GASLINK PIPELINE PROJECT.TRANSCANADA CORP - CONSTRUCTION ACTIVITIES ARE EXPECTED TO BEGIN IN EARLY 2019 WITH A PLANNED IN-SERVICE DATE IN 2023.TRANSCANADA CORP - ESTIMATED CDN$6.2 BILLION PROJECT.TRANSCANADA CORP - MAJORITY OF SPEND ON CONSTRUCTION WILL OCCUR IN 2020 AND 2021.TRANSCANADA CORP - AS PART OF FUNDING PLAN, INTENDS TO EXPLORE JOINT VENTURE PARTNERS AND PROJECT FINANCING FOR COASTAL GASLINK.TRANSCANADA - PROJECT UNDERPINNED BY 25-YEAR TRANSPORTATION SERVICE AGREEMENTS ENTERED INTO WITH LNG CANADA PARTICIPANTS.TRANSCANADA CORP - PROJECT INCLUDES PRE-DEVELOPMENT COSTS TO DATE OF ABOUT $470 MILLION.TRANSCANADA CORP - DIFFERENCES BETWEEN ESTIMATED CAPITAL COST AND FINAL COST OF PROJECT WILL BE RECOVERED IN FUTURE PIPELINE TOLLS.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL EMPLOY 2,000-2,500 PEOPLE DURING CONSTRUCTION.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL GENERATE APPROXIMATELY $20 MILLION A YEAR IN ONGOING PROPERTY TAX BENEFITS TO B.C. COMMUNITIES.TRANSCANADA- THE PIPELINE TO HAVE INITIAL CAPACITY OF ABOUT 2.1 BILLION CUBIC FEET PER DAY WITH POTENTIAL FOR EXPANSION OF UP TO ABOUT 5 BCF/DAY.  Full Article

Petrochina's Controlling Shareholder To Transfer 972.8 Mln A-Shares Each To Two Investment Firms
Thursday, 7 Jun 2018 

June 7 (Reuters) - PetroChina Co Ltd <601857.SS><0857.HK>::SAYS CONTROLLING SHAREHOLDER WILL TRANSFER 972.8 MILLION A-SHARES, OR 0.53 PERCENT STAKE IN THE COMPANY, EACH TO TWO INVESTMENT FIRMS.  Full Article

Petrochina Says Yu Baocai Resigned And Ceased To Hold Position Of Director
Thursday, 7 Jun 2018 

June 7 (Reuters) - 0857.HK <0857.HK>::YU BAOCAI RESIGNED AND CEASED TO HOLD POSITION OF DIRECTOR OF CO.  Full Article

Petrochina Co Expects 2017 Net Profit Attributable Will Rise By Between RMB13 Bln & RMB16 Bln
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - PetroChina Co Ltd <601857.SS>::ESTIMATED THAT NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY FOR 2017 WILL INCREASE BY AN AMOUNT BETWEEN RMB13 BILLION AND RMB16 BILLION.EXPECTED RESULT DUE TO COMBINED IMPACT OF COMPANY OPTIMIZING PRODUCTION AND OPERATION, BROADENING SOURCES OF INCOME.  Full Article

Petrochina Says‍ Ling Xiao, Yang Jigang & Wang Zhongcai Appointed As Vice Presidents
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Petrochina Co Ltd <601857.SS>::‍LING XIAO, YANG JIGANG AND WANG ZHONGCAI APPOINTED AS VICE PRESIDENTS OF COMPANY​.‍HUANG WEIHE, XU FUGUI & LV GONGXUN CEASED TO HOLD POSITIONS OF VICE PRESIDENTS OF CO​.  Full Article

BlackRock's long position in PetroChina rises to 8.1 pct - HKEx filing
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Hong Kong stock exchange filing:SHOWS BLACKROCK INC <<>> BUYS 81.3 MLN H-SHARES IN PETROCHINA CO LTD <<<601857.SS>>><<<0857.HK>>> AT AN AVERAGE PRICE PER SHARE OF HK$5.245 ($0.2873) ON NOV 30 .SHOWS BLACKROCK'S LONG POSITION IN PETROCHINA RISES TO 8.11 PERCENT FROM 7.73 PERCENT AFTER TRANSACTION.  Full Article

Petrochina Co says CNPC notified co that proposed exchangeable bonds issuance was approved
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Petrochina Co Ltd <601857.SS>::China National Petroleum Corporation notified co that proposed exchangeable bonds issuance was approved.Received approval from Assets Supervision and Administration Commission of State Council and China Securities Regulatory Commission.  Full Article

PetroChina's 9-month net profit up 903.2 pct y/y
Monday, 30 Oct 2017 

Oct 30 (Reuters) - PetroChina Co Ltd <601857.SS>PTR.N<0857.HK>:Says 9-month net profit up 903.2 percent y/y.  Full Article

Petrofac secures $30 mln contract for Halfaya in Iraq​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Petrofac::‍AWARDED CONTRACT OF AROUND $30 MILLION TO UNDERTAKE PROJECT MANAGEMENT CONSULTANCY SERVICES FOR HALFAYA IN SOUTHERN IRAQ​.  Full Article

RPT-PetroChina's gas marketing consolidation worries independent sellers - sources

BEIJING, Nov 15 PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly.