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10 Emerging Asia Dividend Stocks To ConsiderDavid Hunkar • Mon, Nov 5, 2012 -
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China: Waiting to Hear the Bullish CaseRoger Nusbaum • Wed, May 23, 2007
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10 Emerging Asia Dividend Stocks To ConsiderDavid Hunkar • Mon, Nov 5, 2012
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China Petroleum & Chemical Q3 2007 Earnings Call TranscriptTue, Oct 30, 2007
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at MarketWatch.com (Apr 25, 2013)
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at MarketWatch.com (Apr 5, 2013)
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at MarketWatch.com (Mar 25, 2013)
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at MarketWatch.com (Feb 25, 2013)
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at MarketWatch.com (Feb 25, 2013)
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at MarketWatch.com (Feb 25, 2013)
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at MarketWatch.com (Feb 5, 2013)
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at MarketWatch.com (Feb 4, 2013)
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at MarketWatch.com (Jan 20, 2013)
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at MarketWatch.com (Jan 16, 2013)
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at MarketWatch.com (Dec 21, 2012)
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at MarketWatch.com (Nov 26, 2012)
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at MarketWatch.com (Nov 15, 2012)
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at MarketWatch.com (Nov 9, 2012)
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at MarketWatch.com (Nov 6, 2012)
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at MarketWatch.com (Nov 6, 2012)
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at MarketWatch.com (Oct 31, 2012)
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at MarketWatch.com (Oct 29, 2012)
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at MarketWatch.com (Oct 18, 2012)
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at MarketWatch.com (Oct 16, 2012)
SNP vs. ETF Alternatives
Company Description
Currently, there's no company description for SNP.
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, November 12, 2012, 5:11 PM Sinopec (SNP) Chairman Fu Chengyu says the Chinese oil company plans to generate more production abroad with deals like this summer's $1.5B partnership it struck with Talisman Energy (TLM) and could expand the partnership in the future, but rules out a full takeover of the Canadian company. SNP has been rumored as a potential buyer of TLM, which has a market value of $11.5B. Comment! [Energy, Global & FX]
- Monday, November 12, 2012, 9:19 AM Total (TOT) CEO Christophe de Margerie confirms a report the company was in talks to sell ~$2.4B worth of assets in Nigeria, though he did not name the potential buyer or value of the deal. A Bloomberg report last week said China's Sinopec (SNP) was close to buying stakes in Nigerian onshore oil blocks from TOT. Comment! [Energy, Global & FX]
- Tuesday, November 6, 2012, 4:46 PM China's Sinopec (SNP) has signed a preliminary deal to buy stakes in Nigerian onshore oil blocks from Total (TOT) worth ~$2.4B, Bloomberg reports. The French group said in September it planned to sell assets worth $15B-$20B in the period up to 2014 to raise cash for oil and gas projects. 1 Comment [Energy, M&A, Global & FX]
- Tuesday, November 6, 2012, 9:57 AM An arm of Sinopec (SNP) plans to build an advanced facility in the unlikely location of Medicine Bow, Wyo., in the next phase of China's advance into the U.S. energy market. SNP brings to the potentially expensive and complicated project of converting coal into gasoline less pricey Chinese components and materials, and may be the forefront of a bigger U.S. engineering push by Chinese companies. 4 Comments [Energy, Global & FX]
- Monday, November 5, 2012, 8:59 AM Chinese refiners likely will process more crude oil in Q4, expanding on a recovery that began in September when refineries raised throughput after the government raised fuel prices to match global levels. China refined ~38.76M metric tons, or a record 9.47M bbl/day, of crude in Sept. Combined October capacity for top refiners Cnooc (CEO) and Sinopec (SNP) was ~30.5M tons, or 7.2M bbl/day, up 3.3% M/M. Comment! [Energy, Global & FX]
- Monday, October 29, 2012, 11:25 AM China's Sinopec (SNP) says Q3 profit fell 9.4% as declining output at its chemicals business outweighed fuel price hikes. The results came even after the Chinese government loosened its grip on fuel prices and allowed them to rise; the controls are aimed at moderating inflation but force refiners to absorb losses. Comment! [Energy, Global & FX]
- Tuesday, October 16, 2012, 10:54 AM Sinopec's (SNP) surprising failure to acquire gas distributor China Gas (CGHOF.PK) could have been very embarrassing but for an arrangement that allowed it to walk away from the much smaller private company without losing face. But more than that, Heard on the Street’s Aaron Back thinks the saga could prove a positive step for the development of China's capital markets. Comment! [Energy, Global & FX]
- Monday, October 15, 2012, 8:25 AM With regulatory hurdles too high, state-owned Sinopec (SNP) and ENN Energy (XNGSF.PK) drop their $2.2B hostile bid for home-country natgas operator China Gas (CGHOF.PK). All's not lost, though, as China Gas goes for a strategic co-op agreement letting Sinopec sell gas directly to Chinese homes, and allowing for future share buys. (previously) Comment! [Energy, M&A]
- Thursday, September 27, 2012, 2:25 PM Sinopec (SNP) temporarily shuts down three subsidiaries and promises to conduct company-wide inspections after a Chinese state television report accused the subsidiaries of posing environmental hazards, in the latest sign of the government's sensitivity to the public's growing discontent over pollution. Comment! [Energy, Global & FX]
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Tuesday, September 25, 2012, 4:56 PM
The China Development Bank has lent Venezuela $42.5B collateralized by revenue from the world's largest oil reserves - far more than the U.S. spent during 2003-09 in rebuilding Iraq - and is effectively bankrolling Hugo Chavez's re-election bid, according to a Bloomberg analysis. Among the top Chinese beneficiaries: Sinopec (SNP) and PetroChina (PTR).
Comment! [Energy, Global & FX] - Monday, September 17, 2012, 2:57 PM Myanmar, shunned since the 1990s for tolerating corruption and human trafficking, is set for record foreign investment in 2012 led by oil companies. The Asian country is estimated to hold 11T-23T cubic feet of natural gas and now produces ~19,600 bbl/day of oil and 1.475B cubic feet/day of gas. Chevron (CVX), Total (TOT) and Sinopec (SNP) are among companies with investments there. Comment! [Energy, Global & FX]
- Thursday, September 13, 2012, 9:38 AM Chinese firms will play a larger role than initially expected in the $2.5B Texas Clean Energy Project that will seek to generate cleaner electricity from coal. The state-owned Export-Import Bank of China will be the plant's sole lender, and Sinopec (SNP) will manage construction of a critical portion of the plant. The project is in line to receive $450M in U.S. government assistance. 1 Comment [Energy]
- Thursday, September 6, 2012, 3:07 PM Sinopec (SNP) and Nabors Industries (NBR) are among oil services firms winning contracts to lease out 14 drilling rigs (at $10M/year/rig) for YPF's shale exploration program. YPF's current rigs - dating from the 70s - leave a little to be desired and are known internally as Frankensteins. Comment! [Energy]
- Thursday, August 30, 2012, 5:46 AM YPF CEO Miguel Galuccio is set to hold talks with Exxon Mobil (XOM) and Apache (APA) at a conference in Houston in September as the nationalized Argentinian oil company seeks partners to increase shale-oil development, Bloomberg reports. Galuccio has already met Chevron (CVX), and could also travel to China next month to meet CNOOC (CEO) and Sinopec (SNP). 3 Comments [Energy]
- Tuesday, August 28, 2012, 7:13 AM A sign of strength or desperation? Baoshan Iron & Steel soars 10% in Shanghai after announcing it will buy back up to $787M of its beaten-down shares. The refiners - namely Sinopec (SNP) and PetroChina (PTR) - join the rally as speculation falls on these giants as the next to commence repurchases. Shanghai +0.9%. 1 Comment [Global & FX]
- Monday, August 27, 2012, 2:10 PM Sinopec's (SNP +2%) H1 net profit plunged 41%, a much bigger drop than rival PetroChina (PTR -1.8%), but the results were far above analysts’ expectations. Jefferies finds the report "mysterious," as SNP badly missed Q1 earnings and beat in Q2 despite higher expected refining losses and lower expected upstream earnings; PTR's Q2 results were flat vs. Q1. Comment! [Energy, On the Move]
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Michael Bryant
China Mobile (CHL) and China Life (LFC) are too large. PetroChina (PTR) and CNOOC (CEO) may be good buys. SNP??? http://yhoo.it/e4FRkF= - View all 0 replies
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China Play Stocks
CNOOC CEO $CEO on a tear. New all-time highs every day. Oil play and China play. Relatively limited refining exposure, compared to PTR SNP - View all 0 replies
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Hillbilly Stock Star
SNP....looking to expand overseas, watch Canada, Brazil, Bakken, etc. No current position. http://bloom.bg/hw58gb - View all 0 replies
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Dividend Sheet
Dividend Yields: 15 High-Yield China and Hong-Kong Stocks +++ http://t.co/sQg0ElC +++ $SNP $GA $LFC $CPC $CEO - View all 0 replies
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