RTTNews | Jun 22, 2021 12:15PM EDT

12:15 Tuesday, June 22, 2021 (RTTNews.com) - China's state-owned petroleum company, PetroChina Company Limited (PTR), share prices were up 4% on the Street as the company became the top-performing company in the Hang-Seng Index. The company returned to profit in the first quarter due to a 45% rise in the oil price. Another important segment that has driven the positive outcome of the company is the increased sale of imported gas.

PetroChina became the first trillion-dollar company in 2007 but their stocks soon plummeted with time and in 2020, the company lost 39% shares in the Hang-Seng index due to an abysmal performance in the covid-infected economy.

Currently, the shares are trading at $46.60, up $1.70 or 3.79% since their previous close at $44.90. The company started the day at $46.37 and in the 52-week period, the shares have moved between $27.68 and $47.09.

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