PetroChina Company Limited (PECN.VI)

PetroChina Company Limited (PECN.VI) — VMCI valuation read

Headline read on PECN.VI: VMCI of 66/100 versus a Energy sector median of 50. The 16-point above-median position is what makes PetroChina Company Limited a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on PECN.VI: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on PECN.VI: value (PECN.VI trades at 25.0x earnings, 39% above the Energy median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Energy median (10.0%)), and risk (net debt to EBITDA of 2.7x is the rate-sensitivity line to watch). The value read also implies an EV/EBITDA gap of +4.0x against the Energy 12.0x baseline.

PECN.VI fell 2.4% over the trailing 7 days, with a -2.5% read on a 30-day basis.