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Petrochina Co Ltd

 
Hoover's Profile: PetroChina Company Limited
(NYSE:PTR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
PetroChina Company Limited
16 Andelu, Dongcheng District
Beijing 100011, China
Tel. +86-10-8488-6270
Fax +86-10-8488-6260

Type: Public
On the web: http://www.petrochina.com.cn
Employees: 446,290
Employee growth: (4.3%)

If you want petroleum in China, then PetroChina is your company. A subsidiary of state-owned China National Petroleum Corporation (CNPC), PetroChina produces two-thirds of China's oil and gas. The company has proved reserves of 11.7 billion barrels of oil and 57.1 trillion cu. ft. of natural gas. It engages in domestic exploration, owns more than 22,000 kilometers of natural gas pipeline in China, and operates 26 refineries and 12 chemical plants. PetroChina also owns or has interests in more than 17,000 gas stations. The company was created in 2000 as a separate company to manage domestic operations of CNPC, which handles international activities.

Key numbers for fiscal year ending December, 2008:
Sales: $156,280.2M
One year growth: 36.9%
Net income: $18,478.4M
Income growth: (7.2%)

Officers:
Chairman: Jiang Jiemin
Supervisory Chairman: Chen Ming
Vice Chairman and President: Zhou Jiping

Competitors:
Chevron
CNOOC
Sinopec Shanghai Petrochemical

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