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1 Comment
Chennai Petroleum Corporation Limited is currently in a long term uptrend where the price is trading 37.1% above its 200 day moving average.
From a valuation standpoint, the stock is 98.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.1.
Chennai Petroleum Corporation Limited's total revenue sank by 50.9% to $59B since the same quarter in the previous year.
Its net income has dropped by 4939.8% to $-5B since the same quarter in the previous year.
Finally, its free cash flow fell by 74.3% to $1B since the same quarter in the previous year.
Based on the above factors, Chennai Petroleum Corporation Limited gets an overall score of 2/5.
ISIN | INE178A01016 |
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Exchange | NSE |
CurrencyCode | INR |
Sector | Energy |
Industry | Oil & Gas Refining & Marketing |
Market Cap | 88B |
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Beta | 0.32 |
Target Price | 670 |
Dividend Yield | 9.1% |
PE Ratio | 41.08 |
Chennai Petroleum Corporation Limited produces and supplies petroleum products in India. The company provides liquefied petroleum gas, motor spirit, superior kerosene oil, aviation turbine fuel, naphtha, bitumen, hexane, mineral turpentine oil, lube base stock, petrochemical feedstocks, paraffin wax, asphalt, JP 7 fuel equivalent, and pet-coke. It offers sulphur, isrosene, ISRO naphtha, light diesel oil, extracts, butene, micro crystalline wax, automotive high-speed and high flash diesel, bunker and non-bunker fuel oils, paving bitumen, and high viscosity index oils. In addition, the company offers linear alkyl benzene, methyl ethyl ketone, propylene glycol and polyols, poly iso-butylene, butene-2, and poly butene feed stocks. The company was formerly known as Madras Refineries Limited and changed its name to Chennai Petroleum Corporation Limited in June 2000. Chennai Petroleum Corporation Limited was incorporated in 1965 and is based in Chennai, India. Chennai Petroleum Corporation Limited operates as a subsidiary of Indian Oil Corporation Limited.
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