Sinopec Shanghai Petrochemical Co Ltd (SHI)

60.66
NYSE : Basic Materials
Prev Close 60.66
Day Low/High 0.00 / 0.00
52 Wk Low/High 48.82 / 64.80
Avg Volume 23.70K
Exchange NYSE
Shares Outstanding 108.00M
Market Cap 6.53B
EPS 8.00
P/E Ratio 28.13
Div & Yield 3.63 (6.00%)

Latest News

BP to Divest 50% Stake in SECCO to Sinopec for $1.68 Billion

BP to Divest 50% Stake in SECCO to Sinopec for $1.68 Billion

SECCO is owned by three companies and BP was the largest shareholder.

PetroChina Latest Firm To Mull Large Aramco Stake

PetroChina Latest Firm To Mull Large Aramco Stake

PetroChina becomes the second Chinese oil major to discuss becoming an investor this week.

Sinopec to Purchase Chevron's South African Unit for $900 Million

Sinopec to Purchase Chevron's South African Unit for $900 Million

The deal is for 75% of Chevron's business in South Africa.

Shanghai Petrochemical Announces 2016 Annual Results; Net Profit Surges By 82.28% To RMB 5,969 Million

Committed to Meeting Safety and Environmental Protection Standards and Optimizing Operations

European Stocks Fall as Investors Take Cautious Stance Ahead of Fed Meeting

European Stocks Fall as Investors Take Cautious Stance Ahead of Fed Meeting

European stocks are set to open lower Wednesday ahead of the Fed's final policy meeting of 2016.

China, Taiwan Are the Odd Couple in Spratly Island Dispute

China, Taiwan Are the Odd Couple in Spratly Island Dispute

The battle over who owns the islands in the South China Sea continues.

Strange Bedfellows in Spratly Islands Dispute

Strange Bedfellows in Spratly Islands Dispute

The fight over ownership of the Spratly Islands has united a very odd couple -- China and Taiwan.

How You Can Profit From China's Loss in Spratly Islands Oil Ruling

How You Can Profit From China's Loss in Spratly Islands Oil Ruling

Thanks to the Tuesday ruling, investors should watch for a great play on Chinese oil stocks.

Why Oil Investors Gain From Spratly Islands Decision

Why Oil Investors Gain From Spratly Islands Decision

Among the stocks to watch after yesterday's Hague verdict is CNOOC.

China’s Brave New Climate Goal and the DIY Formula for Achieving It

China’s Brave New Climate Goal and the DIY Formula for Achieving It

Chinese authorities will tap green energy firms, particularly the ones at home, and get tougher on companies that aggravate air pollution.

Yes, You Can Actually Invest in China's Worsening Air Pollution

Yes, You Can Actually Invest in China's Worsening Air Pollution

China's taking advantage of cheap oil to boost consumer spending, which is making air pollution there worse. For investors, there are ways to play both the problem and the solution.

China's Pledge to Go After Polluters Targets Firms Like Sinopec

China's Pledge to Go After Polluters Targets Firms Like Sinopec

China intends to increase enforcement of pollution laws, putting pressure on the country's heavy industry, including U.S.-traded companies.

Sudden Backdraft in Oil Prices Likely to Crimp Earnings Outlooks, Boost M&A

Sudden Backdraft in Oil Prices Likely to Crimp Earnings Outlooks, Boost M&A

Energy behemoths report third-quarter earnings this week and for investors, there is a lot to be concerned about.

How to Play China Stocks Like the Institutionals Play in Shanghai

How to Play China Stocks Like the Institutionals Play in Shanghai

Major institutional investors have stepped up buying mainland Chinese stocks in recent months. But retail investors who want to play have to use the backdoor. Psst, we have the key.

PetroChina Under a Cloud as China’s Graft Battle Guts Front Office

PetroChina Under a Cloud as China’s Graft Battle Guts Front Office

A chairman, vice presidents and dozens of other executives have fallen since authorities started targeting ‘tigers’ at China’s biggest oil company almost one year ago

3 Energy Stocks Moving The Industry Upward

3 Energy Stocks Moving The Industry Upward

TheStreet highlights 3 stocks that pushed the Energy industry

Why Dow Chemical Wins, Caterpillar Loses on China’s State Asset Selloff

Why Dow Chemical Wins, Caterpillar Loses on China’s State Asset Selloff

Six conglomerates run by the Chinese government are seeking private stakeholders, which says a lot about the country’s economy and American companies in China.

China's Sinopec Oil Drops Spinoff Hints as Rumor Mill Churns

China's Sinopec Oil Drops Spinoff Hints as Rumor Mill Churns

The state-owned oil conglomerate's vague announcement about future asset sales set off market speculation but provided little new information.

Yes, You Can Make Money on China’s Collapsing Infrastructure

Yes, You Can Make Money on China’s Collapsing Infrastructure

Authorities hope to untangle the chaotic web of pipes buried under China’s cities, which is good news for pipe manufacturers

Is China State Company Reform Real or a Ruse?

Is China State Company Reform Real or a Ruse?

State companies with foreign partners such as GM and Disney are among those on the reform radar in China. How should you play them?

Chinese Oil Demand Forecast Slashed

Chinese Oil Demand Forecast Slashed

In a sharp decline from last year's consensus, a Chinese investment bank says refined oil demand will rise only 0.3% this year although gasoline sales will continue to climb.

Will Asset Sales Boost Occidental's Stock?

Will Asset Sales Boost Occidental's Stock?

Like Apache, Occidental is selling a big chunk of its operations in the volatile Middle East. Will its stock go up like Apache's did?

Will China Let a State-Owned Oil Tanker Company Sink?

Will China Let a State-Owned Oil Tanker Company Sink?

Despite investor protests, a state-controlled but money-bleeding oil shipper is expected to delist from the Shanghai stock exchange.

China's PMI Finally Improved, so Why Are We Still Worried?

China's PMI Finally Improved, so Why Are We Still Worried?

Clashing purchasing managers' surveys and deflationary fears are rattling nerves as to what's true and what's not.

Sinopec Shanghai Petrochemical (SHI) Shares Cross Below 200 DMA

Sinopec Shanghai Petrochemical (SHI) Shares Cross Below 200 DMA

In trading on Monday, shares of Sinopec Shanghai Petrochemical Co., Ltd. crossed below their 200 day moving average of $25.80, changing hands as low as $25.67 per share.

Apache Shares Surge on Egypt Oil Deal

Apache Shares Surge on Egypt Oil Deal

Apache is selling a third of its Egyptian oil assets to Sinopec of China.

Beware the Chinese Rumor Mill

Beware the Chinese Rumor Mill

Watch out for the companies that reverse-split to avoid delisting and then are the subject of explosive rumors. They are rife for manipulation.

Defending Devon

Defending Devon

Stephanie Link, director of research at TheStreet, defends her investment in Devon as she sees value in the company's long-term strategy.