PetroChina Approves Key Resolutions at 2024 AGM

PetroChina Company ( (HK:0857) ) just unveiled an update.

PetroChina Company Limited has announced the successful passage of several resolutions at its 2024 Annual General Meeting and the 2025 Shareholders’ Class Meetings. Key decisions include the approval of the 2024 financial report, profit distribution plan, and the appointment of KPMG as auditors for 2025. Additionally, a new independent non-executive director has been appointed. These resolutions are expected to strengthen the company’s governance and financial planning, potentially enhancing its market position and shareholder value.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

More about PetroChina Company

PetroChina Company Limited is a major player in the oil and gas industry, primarily engaged in the exploration, development, production, and sale of crude oil and natural gas. It operates extensively within China and has a significant presence in the international energy market.

Average Trading Volume: 165,965,575

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1607.8B

For an in-depth examination of 0857 stock, go to TipRanks’ Stock Analysis page.