PetroChina profits may top CNY 20 billion. PetroChina stock is worth HKD 2.4 trillion
Published on 10/16/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTrading strength and key dates
- PetroChina International could exceed CNY 20 billion in trading profit on October 16, 2026.
- Second-quarter revenue reached CNY 791.1 billion in 2026.
- PetroChina stock traded at EUR 1.13 at 10:36 a.m. CEST at Lang & Schwarz on October 16, 2026.
PetroChina (ISIN CNE1000003W8) was trading at EUR 1.13 at Lang & Schwarz on October 16, 2026, at 10:36 a.m. CEST. Reuters reported on October 16, 2026, that PetroChina International could post more than CNY 20 billion in gross profit from trading in 2026.
Three events shape the story
On October 1, 2026, PetroChina backed an expansion of LNG Canada to 28 million tonnes a year, according to Yahoo Finance. On October 14, 2026, PetroChina announced a board meeting to approve results for the three months ended September 30, 2026. On October 16, 2026, Reuters reported the CNY 20 billion trading-profit outlook.
Dates investors can mark
PetroChina's board meeting is scheduled for October 28, 2026, and is intended to consider the third-quarter results. Investing.com lists October 29, 2026, as the next earnings date. The timing makes the third-quarter release the next test of whether trading strength is translating into group earnings.
What does CNY 20 billion mean?
The figure concerns PetroChina International rather than a separately reported group segment, so it is an operating indicator rather than a consolidated earnings forecast. Reuters said the crude oil division had already more than doubled its earnings for all of 2025 by early October, while fuel products and natural gas also performed strongly.
For comparison, Investing.com lists second-quarter 2026 revenue at CNY 791.1 billion versus a CNY 849.28 billion forecast, making the upcoming report important for judging demand and margins. The company combines exploration and production with refining, marketing, and natural gas and pipeline operations.
Stock value and trading context
PetroChina's market capitalization was HKD 2.4 trillion as of October 16, 2026, while its 52-week range was HKD 7.27 to HKD 12.22. The Hong Kong quotation therefore gives investors a separate market context from the euro indication used for German trading.
PetroChina was trading at EUR 1.13 at Lang & Schwarz on October 16, 2026, at 10:36 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of PetroChina stock.
PetroChina stock facts
- Company: PetroChina Company Limited
- ISIN: CNE1000003W8
- Ticker: 857
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 16, 2026, 10:36 a.m. CEST): EUR 1.13
- Market capitalization: HKD 2.4 trillion (as of October 16, 2026)
- 52-week range: HKD 7.27-HKD 12.22 (as of October 16, 2026)
- Sector / Industry: Energy / Integrated Oil and Gas
Market context: Latest market reports.
