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PetroChina Company Limited, commonly known as PetroChina, is a Chinese multinational oil and gas company and is the listed subsidiary of China National Petroleum Corporation (CNPC), which is one of the major oil and gas producers in China. PetroChina is engaged in a wide range of activities in the oil and gas industry, including exploration, development, production, and sale of crude oil and natural gas; refining, transportation, storage, and marketing of oil products; and production and sale of basic chemicals and chemical fertilizers.
PetroChina's American Depositary Shares (ADS) are listed on the New York Stock Exchange (NYSE) under the ticker symbol "PTR". The company's Hong Kong-listed shares are traded on the Stock Exchange of Hong Kong Limited under the stock code "0857".
Now, let's take a look at some of the key financial metrics and growth indicators for PetroChina:
* Revenue: For the fiscal year 2020, PetroChina reported total revenues of RMB 2,381.3 billion (approximately USD 362.4 billion), representing a decrease of 28.6% compared to the previous year.
* Net Income: The company's net income for the fiscal year 2020 was RMB 42.7 billion (approximately USD 6.5 billion), representing a decrease of 71.6% compared to the previous year.
* Earnings Per Share (EPS): PetroChina's basic earnings per share for the fiscal year 2020 were RMB 0.16 (approximately USD 0.02), representing a decrease of 72.9% compared to the previous year.
* Dividends: PetroChina has a history of paying dividends to its shareholders. For the fiscal year 2020, the company declared a dividend of HKD 0.24 (approximately USD 0.03) per share.
* Cash Flow: PetroChina's operating cash flow for the fiscal year 2020 was RMB 241.8 billion (approximately USD 36.8 billion), representing a decrease of 35.6% compared to the previous year.
In terms of growth, PetroChina is facing a challenging market environment due to the ongoing COVID-19 pandemic and the volatility of global oil prices. However, the company continues to invest in its upstream and downstream operations, with a focus on improving operational efficiency and reducing costs. The company is also expanding its presence in the renewable energy sector, with a focus on developing new energy sources and reducing its carbon footprint.
PetroChina's financial performance and growth prospects are subject to various risks and uncertainties, including fluctuations in oil and gas prices, changes in government policies and regulations, geopolitical risks, and competition from other energy companies. Investors should conduct their own research and analysis before making investment decisions.