PetroChina Co. Ltd. engages in the exploration, development, production and sale of crude oil and natural gas. The company also involves in the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, derivative chemical products and other chemical products. it operates its business through five segments: exploration and production, refining and chemicals, marketing, natural gas and pipeline, and other. The exploration and production segment is engaged in the exploration, development, production and marketing of crude oil and natural gas. The refining and chemicals segment is engaged in the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, and derivative petrochemical products and other chemical products. The marketing segment is engaged in the marketing of refined products and the trading of crude oil and petrochemical products. The natural gas and pipeline segment is engaged in the transmission of natural gas, crude oil and refined products and the sale of natural gas. The Other segment relates to cash management and financing activities, the corporate center, research and development, and other business services supporting the operating business segments of the company. PetroChina was founded on November 5, 1999 and is headquartered in Beijing, China.
ResMed recently announced a record year for revenue and income. The fourth quarter an especially successful period for the company.
While expenses rose over the last year, this was more than offset by the increase in revenue and income.
ResMed continues to enjoy strong earnings growth and its value is currently forecast to rise over the next 2 years. The company also declared a dividend for the year, something they have not done over the last 10 years.