Thursday, February 21, 2008 7:38:03 PM
Asia's largest refiner by capacity, Sinopec is a petrol-octopus, with tentacles reaching into every facet of oil: From exploration and development to marketing, distribution, storage, trading and petrochemical production.
Sinopec has around 3.3 billion barrels of crude oil along with almost 2.9 trillion cubic feet of natural gas.
Sinopec is trading around $109 a share. That's more than double its 2006 low, but down about $65 — or 36% — from its recent high. The stock's P/E is just 10.73, and the company's five-year earnings per share growth has been better than 25%.
Sinopec has around 3.3 billion barrels of crude oil along with almost 2.9 trillion cubic feet of natural gas.
Sinopec is trading around $109 a share. That's more than double its 2006 low, but down about $65 — or 36% — from its recent high. The stock's P/E is just 10.73, and the company's five-year earnings per share growth has been better than 25%.
Regards,
frenchee
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