China Petroleum & Chemical Corp

600028

Company Profile

  • Business description

    China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys a significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than its peers, PetroChina and CNOOC. In 2024, Sinopec’s production of oil and gas equivalent was 515.35 million barrels. The firm also processed 252.30 million metric tons of crude oil.

  • Contact

    No. 22 Chaoyangmen North Street
    Chaoyang District
    Beijing100728
    CHN

    T: +86 1059960114

    E: [email protected]

    http://www.sinopec.com

  • Sector

    Energy

    Stock type

    Sensitive

  • Industry

    Oil & Gas Integrated

    Fiscal Year End

    31 December 2026

    Employees

    348,654

Stocks News & Analysis

stocks

Apple: Gemini partnership lets AI-worried investors breathe a sigh of relief

We believe a competitive—if not leading—AI feature suite will reinforce Apple’s wide-moat mobile device ecosystem.
stocks

ASX share ticks all the popular thematic boxes

The shares are overvalued as investors are overly excited about defence and gold exposure.
stocks

Bluescope offer knocked back by board

Our view on the potential for additional offers.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,138.5011.400.12%
CAC 408,331.6727.09-0.32%
DAX 4025,416.6811.340.04%
Dow JONES (US)49,590.2086.130.17%
FTSE 10010,137.503.20-0.03%
HKSE26,848.47239.990.90%
NASDAQ23,733.9062.560.26%
Nikkei 22553,549.161,609.273.10%
NZX 50 Index13,656.0527.24-0.20%
S&P 5006,977.2710.990.16%
S&P/ASX 2008,808.5017.200.20%
SSE Composite Index4,138.7626.53-0.64%

Market Movers