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1 Comment
Sinopec Oilfield Service Corporation is currently in a long term uptrend where the price is trading 6.1% above its 200 day moving average.
From a valuation standpoint, the stock is 75.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.6.
Sinopec Oilfield Service Corporation's total revenue sank by 2.8% to $22B since the same quarter in the previous year.
Its net income has dropped by 179.9% to $-153M since the same quarter in the previous year.
Finally, its free cash flow grew by 267.6% to $3B since the same quarter in the previous year.
Based on the above factors, Sinopec Oilfield Service Corporation gets an overall score of 3/5.
CurrencyCode | CNY |
---|---|
Exchange | SHG |
Industry | Oil & Gas Drilling |
Sector | Energy |
ISIN | CNE000000HS3 |
Beta | 1.14 |
---|---|
PE Ratio | 115.0 |
Market Cap | 34B |
Dividend Yield | 0.0% |
Target Price | 1.41 |
Sinopec Oilfield Service Corporation provides petroleum engineering and technology services. It operates through six segments: Geophysics, Drilling Engineering, Logging and Mud Logging, Special Down-Hole Operations, Engineering Construction, and Others. The Geophysics segment offers terrestrial and marine geophysical exploration, development, and technical services. The Drilling Engineering segment provides land and ocean drilling design, construction, and technical services, as well as drilling instrumentation. The Logging and Mud Logging segment offers land and ocean project contracting and technical services for collection, monitoring, transmission, and processing and interpretation, as well as engages in the evaluation of wellbore oil and gas, geology, and engineering information. The Special Down-Hole Operations segment provides oil engineering technical and construction services, including oil testing, well repair, and lateral drilling, as well as fracturing, acidizing, and oil assignments. The Engineering Construction segment engages in the provision of various services, such as feasibility studies; design, procurement, and construction services for onshore and offshore oil and gas fields, long-distance pipeline projects, oil and gas transporting process projects, storage and transportation projects, petrochemical supporting projects, LNG projects, building construction, water resources and hydropower, ports and waterways, electricity transmission, and distribution projects; manufacturing of pressure vessels; and coal chemical engineering, geothermal utilization, energy saving, and municipal roads and bridges. The company was formerly known as Sinopec Yizheng Chemical Fibre Company Limited and changed its name to Sinopec Oilfield Service Corporation in March 2015. The company is headquartered in Beijing, the People's Republic of China. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation.
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