PetroChina Co Ltd Class H
00857: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.R% | LOCK|J! | LOCK|??m>!pH |
PetroChina Earnings: Positive Surprise on Lower Lifting Costs and Natural Gas Sales
PetroChina’s first-quarter net profit rose by 2% year on year, despite lower energy prices and weaker downstream earnings. This was attributed to the resilience of its upstream and natural gas sales businesses.
