PetroChina (PCCYF) Projected to Post Earnings on Monday

PetroChina (OTCMKTS:PCCYF) is projected to post its resultson Monday, March 30th. Analysts expect PetroChina to post earnings of $0.0250 per share and revenue of $101.2579 billion for the quarter.

PetroChina Stock Down 1.5%

Shares of PCCYF stock opened at $1.34 on Monday. PetroChina has a one year low of $0.59 and a one year high of $1.40. The stock has a fifty day moving average price of $1.19 and a 200 day moving average price of $1.09.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised shares of PetroChina to an “outperform” rating in a report on Tuesday, January 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About PetroChina

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.