PetroChina targets CNY 20.0 billion profit. PetroChina stock sits 15.46 percent below its high
Published on 10/20/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit outlook and reporting date
- Reuters reported on October 16, 2026 that PetroChina International could exceed CNY 20.0 billion in 2026 gross trading profit.
- PetroChina's second-quarter revenue reached CNY 791.1 billion for the quarter ended June 30, 2026.
- PetroChina stock was trading at EUR 1.13 at 10:27 a.m. CEST at Lang & Schwarz on October 20, 2026.
- PetroChina's board is scheduled to review third-quarter results on October 28, 2026.
PetroChina (ISIN CNE1000003W8) was trading at EUR 1.13 at Lang & Schwarz on October 20, 2026, while a new profit estimate gave the oil group a fresh earnings angle. According to Reuters on October 16, 2026, PetroChina International could generate more than CNY 20.0 billion in gross trading profit during 2026.
Trading arm targets CNY 20.0 billion
The estimate applies to PetroChina's trading vehicle and was based on comments from five trading executives cited by Reuters. The report 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 contributed.
The trading outlook is separate from the group's reported financial statements because PetroChina does not disclose trading profit as a standalone line. Reuters said the company posted first-half net profit of USD 14.65 billion in August, giving the CNY 20.0 billion trading estimate a material place in the earnings discussion.
What does the refinery plan add?
A second October 16 report said PetroChina planned to restart part of its Dalian refinery in November. The unit is expected to process 500,000 to 600,000 metric tons of crude per month, equivalent to 122,000 to 146,000 barrels per day, according to KLSE Screener, which carried the Reuters report.
The restart would use an older crude distillation unit while a replacement refinery complex is being built. The same report put the new complex's planned start in March 2029, creating a defined transition period for refining capacity.
Three October developments
On October 13, 2026, PetroChina launched a specialty fuels entity, according to MarketScreener. On October 14, the company announced a board meeting for October 28 to review results for the three months ended September 30, 2026, according to Futu. The October 16 trading-profit report then supplied the latest quantified event.
Dates for the next results
PetroChina's board is scheduled to consider and approve the third-quarter report on October 28, 2026, covering the period ended September 30, 2026. That date is the next clearly identified company reporting milestone.
Stock stays below its yearly high
PetroChina stock was trading at EUR 1.13 at Lang & Schwarz on October 20, 2026, at 10:27 a.m. CEST. The current quote is below the EUR 1.34 52-week high and above the EUR 0.83 52-week low shown for the German quotation.
The further course of trading is shown by the continuously updated real-time quote of PetroChina stock.
PetroChina stock at a glance
- Company: PetroChina Company Limited
- ISIN: CNE1000003W8
- Ticker: 0857.HK
- Primary exchange: HKEX
- Price Lang & Schwarz (as of October 20, 2026, 10:27 a.m. CEST): EUR 1.13
- Market capitalization: CNY 2.3 trillion (as of October 20, 2026)
- 52-week range: EUR 0.83-EUR 1.34 (as of October 20, 2026)
- Sector / Industry: Energy / Integrated Oil and Gas
- Next earnings date: October 28, 2026
Market context: Latest market reports.
