SEHK:857Oil and Gas
Is PetroChina (SEHK:857) Pricing In Its 7x Multi‑Year Rally Already?
If you are wondering whether PetroChina's current share price reflects its true worth, you are not alone. The stock's recent track record has many investors asking if there is still value on the table.
Over the past week the share price return was 9.2%, with 11.0% over the last 30 days, 10.2% year to date, 68.0% over 1 year and a very large 3 year and 5 year return that is close to 7x.
Recent coverage has highlighted PetroChina's role within the wider energy sector and how shifts in investor...