On March 4, 2026, PetroChina's A-share price rose 0.68% to 13.24 yuan per share, reaching its highest level since 2009. Its total market capitalization reached 2.14 trillion yuan (approximately $274.6 billion), surpassing Agricultural Bank of China to reclaim the top position in A-share market value. Reports indicate that oil and gas stocks, including PetroChina, have experienced significant consecutive gains, previously influenced by geopolitical tensions. This event highlights the strong performance and heightened investor focus on the energy sector, particularly state-owned fossil fuel giants, within the current market environment.