More about Chennai Petroleum Corporation Limited
Fundamentals for Chennai Petroleum Corporation Limited
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Fundamentals for Chennai Petroleum Corporation Limited
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Chennai Petroleum Corporation Limited produces and supplies petroleum products in India. The company provides liquefied petroleum gas, motor spirit, superior kerosene oil, aviation turbine fuel, naphtha, bitumen, hexane, mineral turpentine oil, lube base stock, petrochemical feedstocks, paraffin wax, asphalt, JP 7 fuel equivalent, and pet-coke. It offers sulphur, isrosene, ISRO naphtha, light diesel oil, extracts, butene, micro crystalline wax, automotive high-speed and high flash diesel, bunker and non-bunker fuel oils, paving bitumen, and high viscosity index oils. In addition, the company offers linear alkyl benzene, methyl ethyl ketone, propylene glycol and polyols, poly iso-butylene, butene-2, and poly butene feed stocks. The company was formerly known as Madras Refineries Limited and changed its name to Chennai Petroleum Corporation Limited in June 2000. Chennai Petroleum Corporation Limited was incorporated in 1965 and is based in Chennai, India. Chennai Petroleum Corporation Limited operates as a subsidiary of Indian Oil Corporation Limited.
Revenue projections:
CHENNPETRO's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 0.00000 |
| debtToEquity | 21.90200 |
| earningsGrowth | 47.04300 |
| revenueGrowth | 0.21300 |
| grossMargins | 0.08344 |
| operatingMargins | 0.08421 |
| trailingEps | 144.48000 |
| forwardEps | 0.00000 |
CHENNPETRO's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
CHENNPETRO's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as CHENNPETRO's increasing profits and sales signal further growth in the near future.
Recommendation changes over time:
Recent analysis shows a strong buy bias for Chennai Petroleum Corporation Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Chennai Petroleum Corporation Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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