PRINCETON, N.J., March 31, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of Chinese oil stocks, including coverage of PetroChina (NYSE:PTR) and Sinopec (NYSE:SNP).
FindProfit's investment outlook examines the current state of Chinese oil companies and Western oil companies with interests in China, including coverage of CNOOC (NYSE:CEO) and BP (NYSE:BP).
All paid and trial FindProfit subscribers can now receive immediate access to FindProfit's exclusive reports and ongoing commentary and analysis. As a trial or paid subscriber, you'll also gain access to our latest investment moves. Start your 30-day free trial today: http://www.findprofit.com/subscribe.php3?refer=zone107.
FindProfit's outlook looks at the following questions:
-- SNP's falling profit and weak guidance have weighed down the sector. Has a buying opportunity presented itself or are SNP's results and outlook indicative of things to come for the sector?
-- After a rise in second-half 2003 profits, PTR's outlook for 2004 looks weak. Can the company combat its aging oil fields?
-- While shares of SNP and PTR have lost ground this year, shares of CEO have risen. Is CEO's business significantly different than SNP's and PTR's?
-- Are Chinese oil stocks cheap or expensive compared to peers such as BP?
-- With BP selling its stake in PTR, is the company completely pulling out of China?
-- Will lower oil prices, aging oil fields and China's thirst for oil create a "perfect storm" for SNP, PTR and CEO?
-- Can SNP's refining and chemical businesses offset the company's oil and gas production woes?
-- Will Warren Buffett change his play on PTR?
AND MORE
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