PetroChina Company Limited

Established on November 5, 1999, PetroChina serves as the listed subsidiary of China National Petroleum Corporation. The company operates from its headquarters in Beijing's Dongcheng District and manages a vast portfolio that includes crude oil exploration, natural gas production, refining, and petrochemical manufacturing. It accounts for roughly half of China's domestic oil output and about 60% of its natural gas supply.

PetroChina trades as a dual-listed entity on the Hong Kong Stock Exchange under ticker 0857.HK and the New York Stock Exchange under PTR. The firm later joined the Shanghai Stock Exchange SSE 50 Index to broaden its investor base. In June 2026, the leadership structure underwent a significant shift when Dai Houliang was elected Chairman alongside a new core executive team, replacing previous management led by Zhou Jiping.

The organization concluded its 14th Five-Year Plan in 2025 with operating results reaching historical highs. Financial strength remains evident as the stock traded at CNY 11.19 in late September 2026. Analysts from DBS maintained a Buy rating following strong first-half performance in 2026, citing potential catalysts for future growth despite global market volatility. [edit]