China Petroleum and Chemical Corporation (Sinopec Corp.) is China's largest producer and supplier of refined oil products and its second-largest crude oil producer. It is also China's largest petrochemicals producer and distributor and the world's fourth-largest ethylene producer. Operations include oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution, and marketing; and petrochemicals manufacturing. In 2010 it reported proved reserves of 2.9 billion barrels of oil and 6.5 trillion cu. ft. of natural gas; it also owns more than 29,600 gas stations and 34 refineries. China's government controls about 76% of the company through Sinopec Group.
Get relevant industry context to prepare for your next sales call – trends, competitors, news, call prep questions, and more.
View Industry Report
| Industries |
|---|
| Petroleum Refining |
| Transportation Services Sector |
| Industrial Chemical Manufacturing |
| 13 Industries on file |
Understand a company’s financial condition to determine your best approach.
View Company Report
| Financials | |
|---|---|
| Company Name | PUBLIC - (TICKER: SNP) HEADQUARTERS |
| Market Value | 97368.97 as of 2012-12-28 |
| Fiscal Year-End | Dec |
| 2011 Sales (mil) | 393642.8 |
| 2011 Employees | 377235 |
| Employee Growth Percent | 1.03% |
| Assets (mil) | 179805.34 |
| Net Income Growth Percent | 5.96% |
| Sales Growth Percent | 36.08% |