China Petroleum & Chemical Corp (SNPMF, Financial), listed on the US OTC market, saw a significant stock price increase of 7.08%, reaching $0.563 per share with a trading volume of 8,000 shares. Despite the price surge, the turnover rate and amplitude remained at 0.00%. Recent financial reports show the company achieved a revenue of $100.839 billion, net profit of $1.192 billion, and earnings per share of $0.01, with a gross profit of $5.802 billion and a price-to-earnings ratio of 8.11.
Currently, no institutional ratings are available for SNPMF. Within the oil and gas integrated industry, the overall decline was 0.25%. However, stocks like Sky Quarry Inc., Crescent Energy Company, and Colombian National Petroleum showed notable gains and activity. China Petroleum & Chemical Corp, known as Sinopec, is a major Chinese state-owned oil company, with a strong presence in refining and petrochemical products. In 2023, it produced 504.09 million barrels of oil equivalent and processed 257.52 million tons of crude oil.
