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How to buy PetroChina Company stock | $31.67

Own PetroChina Company stock in just a few minutes.

Fact checked

PetroChina Company Limited is an oil & gas integrated business based in the US. PetroChina Company shares (PTR) are listed on the NYSE and all prices are listed in US Dollars. PetroChina Company employs 460,724 staff and has a market cap (total outstanding shares value) of USD$112.8 billion.

How to buy shares in PetroChina Company

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for PetroChina Company. Find the stock by name or ticker symbol: PTR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until PetroChina Company reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$31.67, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of PetroChina Company, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of PetroChina Company. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

PetroChina Company share price

Use our graph to track the performance of PTR stocks over time.

PetroChina Company shares at a glance

Information last updated 2020-12-01.
Latest market closeUSD$31.67
52-week rangeUSD$25.8959 - USD$49.9878
50-day moving average USD$30.5871
200-day moving average USD$33.1786
Wall St. target priceUSD$41.76
PE ratio 7.2386
Dividend yield USD$2.53 (7.93%)
Earnings per share (TTM) USD$4.4

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy PetroChina Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

PetroChina Company price performance over time

Historical closes compared with the close of $31.67 from 2021-01-11

1 week (2021-01-08) 1.18%
1 month (2020-12-15) 1.93%
3 months (2020-10-15) 11.04%
6 months (2020-07-15) -9.51%
1 year (2020-01-15) -37.90%
2 years (2019-01-15) -50.09%
3 years (2018-01-12) 76.84
5 years (2016-01-15) 55.02

Is PetroChina Company under- or over-valued?

Valuing PetroChina Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PetroChina Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PetroChina Company's P/E ratio

PetroChina Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, PetroChina Company shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

PetroChina Company's PEG ratio

PetroChina Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5944. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PetroChina Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

PetroChina Company financials

Gross profit TTM USD$819 billion
Return on assets TTM 1.13%
Return on equity TTM 2.44%
Profit margin 0.87%
Book value $101.1
Market capitalisation USD$112.8 billion

TTM: trailing 12 months

Shorting PetroChina Company shares

There are currently 415,968 PetroChina Company shares held short by investors – that's known as PetroChina Company's "short interest". This figure is 14.2% up from 364,190 last month.

There are a few different ways that this level of interest in shorting PetroChina Company shares can be evaluated.

PetroChina Company's "short interest ratio" (SIR)

PetroChina Company's "short interest ratio" (SIR) is the quantity of PetroChina Company shares currently shorted divided by the average quantity of PetroChina Company shares traded daily (recently around 123800). PetroChina Company's SIR currently stands at 3.36. In other words for every 100,000 PetroChina Company shares traded daily on the market, roughly 3360 shares are currently held short.

However PetroChina Company's short interest can also be evaluated against the total number of PetroChina Company shares, or, against the total number of tradable PetroChina Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PetroChina Company's short interest could be expressed as 0% of the outstanding shares (for every 100,000 PetroChina Company shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable PetroChina Company shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PetroChina Company.

Find out more about how you can short PetroChina Company stock.

PetroChina Company share dividends

Dividend payout ratio: 148.02% of net profits

Recently PetroChina Company has paid out, on average, around 148.02% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PetroChina Company shareholders could enjoy a 7.93% return on their shares, in the form of dividend payments. In PetroChina Company's case, that would currently equate to about $2.53 per share.

PetroChina Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

PetroChina Company's most recent dividend payout was on 23 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 28 September 2020 (the "ex-dividend date").

PetroChina Company share price volatility

Over the last 12 months, PetroChina Company's shares have ranged in value from as little as $25.8959 up to $49.9878. A popular way to gauge a stock's volatility is its "beta".

PTR.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PetroChina Company's is 0.8342. This would suggest that PetroChina Company's shares are less volatile than average (for this exchange).

PetroChina Company overview

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 company's Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas. Its Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The company's Marketing segment is involved in marketing of refined products and trading business. Its Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and sale of natural gas. As of December 31, 2019, the company had a total length of 87,144 km, including 53,291 km of natural gas pipelines, 20,091 km of crude oil pipelines, and 13,762 km of refined product pipelines. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; import and export of goods and technology; and import and export agency business, as well as provision of technology promotion, professional contractor, and main contractor services; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

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