PetroChina Company Limited ADR (PTR): PetroChina's margins on the Natural Gas...

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PetroChina Company Limited ADR (PTR)

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Re: $to©k_Pi©ker™ post# 19

Saturday, 08/31/2013 5:45:59 AM

Saturday, August 31, 2013 5:45:59 AM

PetroChina's margins on the Natural Gas segment will increase by 15% after China revised its Natural Gas prices upward. According to PetroChina's President , Wang Dongjin estimates that profitability will grow by $3.27 billion from 2014 onward.

PetroChina's six month production of Natural Gas recorded at 1.332 trillion cubic feet, up by 8.2% from 2012, which is 65% of China's Natural Gas output.

Purely my own opinion. Do your Due Diligence.
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