PetroChina stock slips as oil prices weigh on Hong Kong trading

Published on 09/23/2026 at 11:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PetroChina stock closed at HKD 9.43 on September 22, 2026, down 0.53 percent. First-half net profit rose 22 percent year on year.

PetroChina, CNE1000003W8, Illustration mit AI erstellt.

PetroChina Company Limited (ISIN CNE1000003W8) closed at HKD 9.43 on the Hong Kong Stock Exchange on September 22, 2026, down 0.53 percent from HKD 9.48. The stock traded between HKD 9.34 and HKD 9.48 during the session, while oil prices weakened in the September 23, 2026 market update.

Profit growth supports the shares

PetroChina's first-half net profit rose 22 percent year on year, supported by a 16 percent increase in average realized oil prices, according to Morningstar on September 22, 2026. The result gives the stock a concrete earnings cushion even as the latest market session reflected pressure on energy shares.

Second-quarter net profit increased 15 percent sequentially, while Sinopec's comparable profit declined 50 percent, Morningstar reported on September 22, 2026. That comparison makes PetroChina's recent earnings performance more resilient than the result of a broad refining-sector move alone.

Stock remains below yearly high

The HKEX close was HKD 2.79 below the 52-week high of HKD 12.22 and HKD 2.44 above the 52-week low of HKD 6.99 as of September 22, 2026. The share price therefore sat closer to the middle of its annual range than to either extreme, despite the first-half profit increase.

Market data showed a market capitalization of HKD 1.72 trillion and volume of 5 million shares for the quoted session as of September 23, 2026. The Hang Seng Index gained 0.18 percent on September 22, 2026, while PetroChina fell 0.53 percent, a difference of 0.71 percentage points.

HKD 9.43 marks the latest close

PetroChina stock closed at HKD 9.43 on the Hong Kong Stock Exchange on September 22, 2026, with the prior close at HKD 9.48 and the daily change at minus 0.53 percent. The latest market evidence places the shares below the 52-week high of HKD 12.22 while current reported earnings show first-half net profit up 22 percent year on year.