PetroChina stock reports 22 percent first half profit growth

Published on 10/05/2026 at 20:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PetroChina stock trades at HKD 9.56 on October 5, while first-half revenue reached CNY 1.5275 trillion. Analysts set an average target of HKD 11.73.

PetroChina, CNE1000003W8, Illustration mit AI erstellt.

PetroChina (ISIN CNE1000003W8) was last at HKD 9.56 on the Hong Kong Stock Exchange on October 5, 2026, up 0.53 percent from the previous close. The company's first-half profit and China's tighter fuel-export policy give the stock two competing signals.

Profit rises in first half

According to Futunn on September 18, 2026, PetroChina reported first-half revenue of CNY 1.5275 trillion, up 5.3 percent year over year. Net profit attributable to shareholders reached CNY 103.9 billion, an increase of 22.0 percent, while basic earnings per share rose 22.0 percent to CNY 0.57.

The comparison matters because profit grew faster than revenue. Operating profit increased 17.6 percent to CNY 139.4 billion, and operating cash flow rose 10.6 percent to CNY 251.3 billion, according to Futunn.

Fuel exports add a new risk

PetroChina's refining business is also facing a policy constraint. Gulf Times reported on October 1, 2026, that PetroChina canceled several gasoline and jet-fuel shipments planned for October after China restricted fuel exports outside Hong Kong and Macau.

The restriction supports domestic supply security but limits PetroChina's access to international export margins. The same report said the policy could remain tied to domestic inventories and refinery output after October 7, making the next policy decision important for the company's downstream earnings.

Targets sit above the stock

According to Investing.com, 18 analysts have a Buy consensus, including 16 Buy ratings, 1 Hold and 1 Sell. The average 12-month target is HKD 11.73, with a high of HKD 13.87009947 and a low of HKD 4.80748976; the average target lies 22.7 percent above the HKD 9.56 stock price.

Patria identifies PetroChina as an integrated oil and gas company listed under ticker 0857 and confirms the ISIN CNE1000003W8. The company paid an interim dividend of CNY 0.26 per share, with the H-share payment dated October 26, 2026, in the interim report published by Futunn.

Stock remains below yearly high

PetroChina stock was last at HKD 9.56 on the Hong Kong Stock Exchange on October 5, 2026, with a session range of HKD 9.45 to HKD 9.61 and volume of 23,943,012 shares. Its HKD 12.22 52-week high leaves the stock 21.8 percent below that level.