PetroChina Co (SHSE:601857) 5-Year Yield-on-Cost % : 15.80 (As of Apr. 25, 2024)

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What is PetroChina Co 5-Year Yield-on-Cost %?

PetroChina Co's yield on cost for the quarter that ended in Dec. 2023 was 15.80.

The historical rank and industry rank for PetroChina Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:601857' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.84 Med: 11.34 Max: 24.56
Current: 15.8

During the past 13 years, PetroChina Co's highest Yield on Cost was 24.56. The lowest was 1.84. And the median was 11.34.

SHSE:601857's 5-Year Yield-on-Cost % is ranked better than
93.28% of 491 companies
in the Oil & Gas industry
Industry Median: 4.77 vs SHSE:601857: 15.80

Competitive Comparison of PetroChina Co's 5-Year Yield-on-Cost %

For the Oil & Gas Integrated subindustry, PetroChina Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PetroChina Co's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where PetroChina Co's 5-Year Yield-on-Cost % falls into.

PetroChina Co 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of PetroChina Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

PetroChina Co (SHSE:601857) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

PetroChina Co 5-Year Yield-on-Cost % Related Terms

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PetroChina Co (SHSE:601857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (SHSE:601857) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

PCCYF:USA 00857:Hong Kong PC6:Germany

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

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