PetroChina (601857) Stock Price, Fundamentals & Analysis

What 601857 does

PetroChina (601857) is a stock listed on the Shanghai Stock Exchange in the Energy sector, specifically in the Oil & Gas Integrated industry. Headquartered in Beijing, China, the company operates through four main segments: Oil and Gas and New Energy; Refining, Chemicals and New Materials; Sales; and Natural Gas Sales. Its activities cover the full petroleum value chain, from exploration and production of crude oil and natural gas to refining, marketing of refined products, and trading. PetroChina is a large-cap component of the CSI 300 index and operates alongside peers such as China Shenhua Energy (601088), China Petroleum & Chemical Corporation (600028), and CNOOC Limited (600938).

Key numbers explained

• 10.95 CNY is the current share price, the amount you would pay for one share right now.
• The trailing P/E ratio of 11.2 shows how much the market is willing to pay per unit of earnings the company has already earned over the last 12 months; a lower number can suggest the stock is priced more conservatively relative to recent earnings.
• The forward P/E ratio of 13.4 uses expected future earnings, giving a sense of how the market values the company’s earnings outlook.
• Dividend yield of 4.75% represents the annual dividend payment as a percentage of the current share price, indicating the cash return shareholders receive relative to the price they pay.
• Beta of 0.57 suggests the stock tends to be less volatile than the overall market; a beta below 1 generally means smaller price swings compared with the broader index.
• Market cap of 2T CNY reflects the total market value of all outstanding shares, placing PetroChina among the largest companies by this measure.
• Revenue growth of 13.5% year over year shows how quickly the company’s top line has expanded over the trailing 12 months.
• Price change over the last 52 weeks of 34% measures the total return from the price one year ago to the current level.

What to watch

• Commodity prices, especially crude oil and natural gas, directly affect PetroChina’s revenue and margins because the company operates across the full petroleum value chain.
• Regulatory and policy changes in China’s energy sector can influence production levels, refining margins, and investment in new energy resources.
• Global demand trends for energy and shifts toward new energy sources may shape the company’s long-term strategy and capital allocation.
• PetroChina’s dividend policy and share of earnings paid out as dividends (49%) can impact total shareholder return, particularly for income-oriented investors.
• Broader market conditions on the Shanghai Stock Exchange and movements in the CSI 300 index may affect the stock’s price alongside sector peers like China Coal Energy (601898) and Yanzhou Coal Mining (600188).