PetroChina (PTR),
an oil and natural gas provider in the People's Republic of China,
is on a multi-year cyclical upside, but the stock could be making
a double top. Because CEO trades in price cycles, it is best purchased
on price corrections.
PTR has a history of increasing its dividend, which currently yields
almost three percent. PTR is a candidate for a long-term dividend
reinvestment program.
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CNOOC Gives Investors Good Growth
and Dividend Yield
Cyclical Upside
Price Patterns
Posted June 18, 2007.
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