PetroChina canceled fuel cargoes as PetroChina stock sits 21.69 percent below its high

Published on 10/06/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 5.30 percent to CNY 1.53 trillion. PetroChina stock costs EUR 1.10 on October 6, 2026 after EUR 1.09, plus 0.92 percent.

PetroChina, CNE1000003W8, Illustration mit AI erstellt.

PetroChina (CNE1000003W8) was trading at EUR 1.10 at Lang & Schwarz on October 6, 2026 at 12:04 p.m. CEST, plus 0.92 percent versus the prior close of EUR 1.09. As Yahoo Finance reported on October 1, 2026, PetroChina canceled several gasoline and jet fuel shipments scheduled for October. The Hong Kong-listed stock was 21.69 percent below its HKD 12.22 52-week high on October 5, 2026.

Fuel exports add a fresh risk

The Reuters report said Chinese refiners suspended oil-product exports beyond Hong Kong and Macau while domestic supply remained the priority. The canceled PetroChina cargoes included gasoline and jet fuel, and the report said any resumption after October 7, 2026 could depend on domestic inventories and refinery output.

First-half profit outpaces revenue

According to Futunn in its report dated September 18, 2026, PetroChina generated CNY 1.53 trillion of revenue in the six months ended June 30, 2026, up 5.30 percent year over year. Net profit attributable to the parent reached CNY 103.90 billion, up 22.00 percent, while operating cash flow rose 10.60 percent to CNY 251.30 billion.

The same interim report said PetroChina declared an interim dividend of CNY 0.26 per share for the first half of 2026, with payment to H shareholders scheduled for October 26, 2026. The figures show profit growth running 16.70 percentage points ahead of revenue growth, giving the earnings story more weight than the top-line increase alone.

Stock remains below yearly high

On the Hong Kong Stock Exchange, PetroChina stock stood at HKD 9.57 on October 5, 2026, against a 52-week high of HKD 12.22 and a low of HKD 7.05. Investing.com lists the next earnings date as October 29, 2026 and reports a market capitalization of HKD 2.33 trillion.

Euro quote holds near prior close

PetroChina was trading at EUR 1.10 at Lang & Schwarz on October 6, 2026 at 12:04 p.m. CEST, up 0.92 percent versus the Lang & Schwarz prior close of EUR 1.09 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of PetroChina stock.