TheScreener - Formosa Petrochemical Corp (6505) FORMOSA PETROCHEMICAL sees an upgrade to Slightly Positive due to a better fundamental star rating

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FORMOSA PETROCHEMICAL sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of FORMOSA PETROCHEMICAL (TW), a company active in the Exploration & Production industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 1, 2022, the closing price was TWD 100.00 and its potential was estimated at TWD 108.08.

02/03/2022 1 EN

Underlying

Formosa Petrochemical Corp

Formosa Petrochemical Corporation is a Taiwan-based company principally engaged in the refining and distribution of oil products. The Company's principal products include oil products, such as naphtha, gasoline, diesel, jet fuel, kerosene, fuel oil and liquefied petroleum gas (LPG); petrochemical basic materials, such as ethylene, propylene and butadiene; utility products, such as power generation equipment and steam, as well as basic oil products. In addition, the Company is also involved in the storage of oil products and petrochemical materials, as well as the loading and unloading of port cargos.

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TW0006505001 Taiwan Stock Exchange Chinese Taipei

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FORMOSA PETROCHEMICAL sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

Formosa Petrochemical Corp (6505) - Oil & Gas - Deals and Alliances Profile

Vermilion Int'l Compass: Global Equity Strategy

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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