#ArticlePremiereChallenge#PetroChina is China's largest oil and gas producer and one of the world's largest energy companies. In 2007, PetroChina raised 66.8 billion yuan from shareholders, which became the largest financing in China's history. However, in the past 20 years, PetroChina's dividends have not been satisfactory, most of the dividends have been given to PetroChina's major shareholders, and only a small part has been given to shareholders, resulting in PetroChina's share price falling from 48 yuan to 7.5 yuan, and most shareholders are losing money.
PetroChina went public in 2000 and became a shining star in China's stock market. However, as time passed, PetroChina's share price fell all the way, causing many shareholders to lose money. Analysts pointed out that PetroChina's dividend policy was the main reason for the loss of shareholders. In the past 20 years, PetroChina has paid a total of 700 billion dividends, but most of the dividends have flowed to the company's major shareholders, and only a small part has been given to shareholders, resulting in very limited returns for shareholders.
PetroChina's major shareholders are mainly state-owned enterprises and state agencies, which occupy absolute control of PetroChina and are therefore able to enjoy most of the dividends. Ordinary shareholders were unable to share in these gains, resulting in their investments in PetroChina stocks not getting the returns they deserved. This is also one of the important reasons why PetroChina's share price has been falling.
In addition, PetroChina's performance is not ideal. In the past few years, the profitability of PetroChina has been suppressed to a certain extent due to the fluctuation of international oil prices and the intensification of competition in the domestic oil market. This also directly affects the company's dividend policy, resulting in shareholders not being able to get the returns they deserve.
This is undoubtedly a huge blow to Chinese oil investors. Many investors have high hopes when buying PetroChina shares, hoping to get a good return on their investment. However, the reality has disappointed them, and the continuous decline in the stock price has caused them to lose a lot of money. Moreover, due to PetroChina's unfair dividend policy, shareholders were unable to share in the company's profits, which further exacerbated their frustration and anger.
In response to this situation, some analysts have called for PetroChina to improve its dividend policy so that shareholders can share in the company's profits. At the same time, PetroChina should also increase its efforts to improve its performance, improve the company's profitability, and create more value for shareholders. Only in this way can PetroChina's share price truly reflect the value of the company, and shareholders can get the due returns.
In general, PetroChina's dividend policy in the past 20 years has been unfair to shareholders, resulting in shareholders not getting due returns on their investment. PetroChina should re-examine its dividend policy and take steps to improve shareholder earnings. At the same time, the company should also increase its efforts to improve performance, improve profitability, and create more value for shareholders. Only in this way can PetroChina's share price truly reflect the value of the company, and shareholders can get the due returns.