PetroChina Company (PTR)
PetroChina Company Beneish M-Score: -2.467
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PTR Beneish M-Score Rankings
| Overall | 37th percentile | 2345 of 3771 |
| Sector | 48th percentile | 204 of 393 in Basic Materials |
| Industry | 35th percentile | 11 of 17 in Major Integrated Oil & Gas |
PTR Beneish M-Score Range, Past 5 Years
| Minimum | -2.558 | Dec 2008 |
| Maximum | -1.663 | Dec 2007 |
| Average | -2.208 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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PTR News
News from China http://stks.co/42gS $PTR $CHA $APPL $SVN $HMIN $HTHT $TAOM
about 12 hours ago by newschina
about 12 hours ago by newschina
Deutsche Bank Upgrades Petrochina (PTR) to Buy; Better Earnings to Come
May 16, 7:40AM Street Insider
May 16, 7:40AM Street Insider
News from China http://stks.co/3Xto $CEA $BA $ZNH $PTR $SNP $CHA $EBAY
about 34 days ago by newschina
about 34 days ago by newschina
Had a feeling $PTR would have a pretty decent quarter with the way the chinese have been raising prices lately.
about 35 days ago by bradloncar
about 35 days ago by bradloncar
Besides $AAPL this is how the other mega caps finished the wk. Still long with add back ins on $CHL $PTR $WMT (its not a china play imho)
about 39 days ago by TrendHunter
about 39 days ago by TrendHunter
Morning News: March 30, 2012 | via @EddyElfenbein http://stks.co/39Y1 $EUR $PTR $OAKT $RIMM $AIG
about 62 days ago by STNet
about 62 days ago by STNet
I know refining is no good, but still how does $PTR's net fall in a year when oil prices were so high on average.
about 62 days ago by bradloncar
about 62 days ago by bradloncar
Ken Fisher: Seven Election Year Chinese Stocks http://stks.co/31a3 $ACH $BYDDY $CHA $HNP $LFC $PTR $YZC $FXI
about 70 days ago by myplaniq
about 70 days ago by myplaniq
Not surprised to see $PTR down on refining losses today. Hard enough to make money on free-traded oil, impossible when govt controls prices.
about 73 days ago by bradloncar
about 73 days ago by bradloncar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PTR | 125.99 | +0.34 | +0.27% | 229.94B |
| PTP | 36.30 | +0.51 | +1.42% | 1.265B |
| PTO | 10.77 | -0.02 | -0.18% | |
| PTNR | 4.64 | +0.20 | +4.50% | 691.09M |
| PSSI | 20.24 | +0.18 | +0.90% | 1.029B |
| PSS | 21.27 | -0.02 | -0.09% | 1.294B |
| PSP | 8.25 | -0.01 | -0.12% | |
| PSOF | 3.95 | -0.04 | -1.00% | 21.27M |
| PSO | 17.71 | -0.06 | -0.34% | 15.22B |
| PSMT | 67.52 | -1.47 | -2.13% | 2.063B |
