Shandong Molong Petroleum Machinery Company Limited logo

Shandong Molong Petroleum Machinery Company Limited (002490)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
8. 23
+0.31
+3.9141%
¥
5.99B Market Cap
- P/E Ratio
0.2% Div Yield
98.55M Volume
0 Eps
¥ 7.92
Previous Close
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Day Range
7.95 8.3
Year Range
5.5 14.52
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Summary

002490 closed today higher at ¥8.23, an increase of 3.9141% from yesterday's close, completing a monthly increase of 28.9969% or ¥1.85. Over the past 12 months, 002490 stock gained 15.1049%.
002490 is not paying dividends to its shareholders.
The last earnings report, released on Aug 27, 2025, exceeded the consensus estimates by 0.0084%. On average, the company has fell short of earnings expectations by -0.0428%, based on the last three reports.
Shandong Molong Petroleum Machinery Company Limited has completed 1 stock splits, with the recent split occurring on Jul 20, 2012.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on XSHE (CNY).

002490 Chart

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Shandong Molong Petroleum Machinery Company Limited (002490) FAQ

What is the stock price today?

The current price is ¥8.23.

On which exchange is it traded?

Shandong Molong Petroleum Machinery Company Limited is listed on XSHE.

What is its stock symbol?

The ticker symbol is 002490.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.2%.

What is its market cap?

As of today, the market cap is 5.99B.

Has Shandong Molong Petroleum Machinery Company Limited ever had a stock split?

Shandong Molong Petroleum Machinery Company Limited had 1 splits and the recent split was on Jul 20, 2012.

Shandong Molong Petroleum Machinery Company Limited Profile

Energy Equipment & Services Industry
Energy Sector
Mr. Gao Gui Han CEO
XSHE Exchange
CNE100000VQ7 ISIN
CN Country
1,268 Employees
- Last Dividend
20 Jul 2012 Last Split
- IPO Date

Overview

Shandong Molong Petroleum Machinery Company Limited is a prestigious entity within the energy equipment industry, based in Shouguang, China, and established in 1986. The company has carved out a significant presence both domestically within the People’s Republic of China and on the international stage. It focuses on designing, researching, developing, producing, and selling an extensive range of products tailored for the energy sector. With a diversified operation spread across several segments including Pipe Products, Three Kinds of Pumping Units, Petroleum Machinery Parts, Tube Blank, Castings and Forgings, and Others, the company caters to a wide array of needs in the energy equipment domain. Shandong Molong Petroleum Machinery is not only dedicated to the innovation and enhancement of its product offerings but is also actively involved in the research of new materials for energy equipment, showcasing its commitment to advancing the industry and supporting sustainable energy solutions. Furthermore, its pursuits in sea water desalination, waste heat and gas power generation, and the manufacture and sale of special equipment underscore the company’s broadened scope aimed at addressing various critical aspects of energy production and environmental sustainability.

Products and Services

Shandong Molong Petroleum Machinery Company Limited provides a comprehensive portfolio of products and services designed to meet the demanding needs of the energy industry:

  • API and Non-API Casing Products: Offering superior quality casing products that adhere to API standards, as well as non-API solutions tailored to specific customer needs. These casings ensure the structural integrity of drilling wells in the oil and gas sector.
  • Line Pipe Products: The company manufactures line pipe products crucial for the safe and efficient transportation of oil, gas, and other fluids. These pipes are designed to withstand challenging environments and pressures associated with petroleum extraction and transportation.
  • Precision Steel Pipes: These pipes serve various critical applications in machinery processing, urban pipeline networks, and energy sectors, known for their precise dimensions, durability, and performance under pressure.
  • Sucker Rods: Essential for the mechanical lifting of fluids from oil wells, Shandong Molong’s sucker rods are engineered for robustness and efficiency, supporting the oil extraction process.
  • Valve Body, Cylinder Liners, Gate Valves: A range of high-quality components critical for machinery and equipment in the oil and gas industry, ensuring operational integrity and reliability.
  • Billet Products: Shandong Molong offers billets for further processing into various hardware and structural parts, providing a foundation for manufacturing in several industrial domains.
  • Castings and Forgings: The company excels in producing metal casting and forging, essential for creating durable and robust components used in energy equipment manufacturing and beyond.
  • Sea Water Desalination Activities: Engaging in sea water desalination projects, Shandong Molong contributes to addressing the increasing demand for fresh water through innovative and sustainable solutions.
  • Waste Heat and Gas Power Generation Activities: By capitalizing on waste heat and gas, the company harnesses alternative energy sources, contributing to energy efficiency and environmental protection.
  • Special Equipment Manufacturing: Beyond its primary offerings, Shandong Molong is involved in the manufacture and sale of special equipment, demonstrating its versatile capabilities in the energy sector.

Contact Information

Address: No. 999 Wen Sheng Street, Shouguang, China, 262700
Phone: 86 53 6510 0890