Somewhat Favorable News Coverage Unlikely to Impact China Petroleum & Chemical (SNP) Share Price
Media coverage about China Petroleum & Chemical (NYSE:SNP) has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. China Petroleum & Chemical earned a news sentiment score of 1.40 on their scale. InfoTrie also gave press coverage about the oil and gas company an news buzz score of 3 out of 10, meaning that recent press coverage is unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected China Petroleum & Chemical’s analysis:
- Chinese oil and gas tech co. building $1 million data center in Galleria area (finance.yahoo.com)
- Somewhat Positive Press Coverage Very Unlikely to Affect China Petroleum & Chemical (SNP) Stock Price (americanbankingnews.com)
- CNOOC pledges 20% rise in winter gas supply (usa.chinadaily.com.cn)
- Is It Time To Buy Stock?: China Petroleum & Chemical Corporation (OTC:SNPMF) (nysewired.com)
- Share Performance Check on China Petroleum & Chemical Corp (SNP): Move -3.06% (hartsburgnews.com)
Shares of SNP stock opened at $82.36 on Wednesday. The company has a market cap of $103.87 billion, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 0.56 and a beta of 1.49. The company has a current ratio of 0.99, a quick ratio of 0.64 and a debt-to-equity ratio of 0.12. China Petroleum & Chemical has a 12-month low of $69.60 and a 12-month high of $105.61.
A number of equities analysts have issued reports on SNP shares. ValuEngine upgraded China Petroleum & Chemical from a “hold” rating to a “buy” rating in a research report on Thursday, September 27th. Zacks Investment Research downgraded China Petroleum & Chemical from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 13th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $94.00.
China Petroleum & Chemical Company Profile
China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas, and chemical operations and businesses in the People's Republic of China. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others.
Featured Story: Balanced Fund
Receive News & Ratings for China Petroleum & Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Petroleum & Chemical and related companies with MarketBeat.com's FREE daily email newsletter.