PetroChina Co Ltd Class H

00857: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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PetroChina Earnings: Realized Oil Price Lag Offset by Strong Downstream and Natural Gas Performance

Chokwai Lee

Apr 30, 2026

PetroChina’s first‑quarter net profit rose 2% year on year despite an 8% decline in average realized crude oil price, supported by stronger downstream earnings and contributions from the natural gas sales business.

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United States

PetroChina Co Ltd Class H

PetroChina Earnings: Realized Oil Price Lag Offset by Strong Downstream and Natural Gas Performance

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