02883 CHINA OILFIELD
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CHINA OILFIELD News
China Oilfield Services' Q1 Profit Rises 57% on Higher Revenue
China Oilfield Services' (HKG:2883, SHA:601808) attributable profit rose 57% year over year to 635.5 million yuan in the first quarter, according to a Thursday filing with the Hong Kong Stock Exchange
Changes in Hong Kong stocks | CNOOC (02883) is now up nearly 5%, net profit for the first quarter is up 51.3% year on year, the agency says the impact of the ship stoppage has basically reacted
The Zhitong Finance App learned that CNOOC Services (02883) is now up nearly 5%. As of press release, it has risen 4.5% to HK$9.28, with a turnover of HK$13.468 million. According to the news, CNOOC Service announced first-quarter results, achieving operating revenue of 10.148 billion yuan, an increase of 20% year on year; net profit of 636 million yuan, up 57.3% year on year. CICC said that the first quarter results were in line with expectations. Mainly, overseas drilling operations gradually contributed to profits in the second half of '23, and there were no ship repair costs; at the same time, revenue from the petroleum technology business continued to increase steadily. The bank pointed out that the impact of the Saudi ship stoppage has basically been reflected in stock prices
China Oilfield Services 1Q Rev CNY10.15B Vs. CNY8.46B >2883.HK
China Oilfield Services 1Q Rev CNY10.15B Vs. CNY8.46B >2883.HK
CNOOC Oilfield Services (02883.HK)'s net profit of 691 million yuan increased 51.3% year-on-year
Gelonghui, April 25, 丨 CNOOC Oilfield Service (02883.HK) announced that in the first quarter of 2024, the company will firmly grasp the active period of the oilfield service market, take active measures to coordinate global resource allocation, give full play to the advantages of the company's entire industry chain to promote the upgrading of service quality; use lean management to promote steady growth in profitability, continuously strengthen cost control and core competitiveness; and build the main technology cluster with cutting-edge technology in the industry to focus on transforming innovative advantages into industrial advantages. Operating revenue for the current period was RMB 10,148.0 million, a year-on-year increase of 20.0%; total profit was for the people
中海油田服務：2024年第一季度報告
CNOOC Oilfield Services (02883) provides performance guarantees for COSL Drilling Brasil Ltd.'s service contracts with Brazilian customers
CNOOC Oilfield Services (02883) issued an announcement to support COSL Drilli, a wholly-owned overseas subsidiary of the company...
Oil's Latest Losing Streak Isn't Just About Israel -- Barrons.com
Oil prices fell on Monday, continuing a skid that took prices down 3.5% last week and has left the commodity in the red five out of the past six days.
Zheshang Securities: High international oil prices fluctuated in 24 years, optimistic about deep-sea and unconventional oil and gas development sectors
Since the beginning of 2024, Brent oil prices have increased by a total of about 13%. The rise in oil prices may maintain the high capital expenditure intentions of oil and gas companies, and demand for oil service equipment continues to boom.
The supply and demand pattern changed abruptly, and the Asian crude oil market was astonished: heavy crude oil with high sulfur was being chased
With changes in global crude oil supply and favorable refining returns, crude oil with higher sulphur content and density is becoming increasingly popular in the Asian physical market, a situation that rarely changes the usual situation.
Learn Citadel, Commodities “Arms Race”: AI and Big Data
Russell Hardy, CEO of Vitol, said that trading companies mainly use AI in two ways: one is to improve business efficiency, and the other is to gain trading advantages through stronger analytical capabilities.
After keeping an eye on the Middle East for a week, oil prices finally “fluctuated” and returned to a “waiting mode”
Although oil prices have never surpassed the high before Iran attacked Israel last weekend, the volume of bullish Brent crude oil options soared to a record high. Brent crude oil futures fluctuated the most in a few months, leaving traders in almost the same situation as a week ago during the weekend, waiting for the next steps of Israel and Iran.
Oil Markets React to Reports of Israeli Attack on Iran
Oil pared an earlier jump, after Iranian media appeared to downplay alleged retaliatory strikes from Israel reported by US officials. Brent crude traded about 2% higher after earlier soaring above $90 a barrel over potential concerns for a wider regional conflict. Bloomberg's Stephen Stapczynski reports.
Oil Prices on Track to Fall for Fourth Straight Day as Demand Disappoints
Crude-oil prices continued to soften for a fourth straight day Thursday, with futures falling to their lowest level in three weeks.
Goldman Sachs: $90 a Barrel Likely Ceiling for Brent Crude
Daan Struyven, Goldman Sachs head of oil research, says that if there are not any new geopolitical tensions, the path of least resistance for oil is to drift lower. He speaks on Bloomberg Television.
Changes in Hong Kong stocks | CNPC (00857) fell more than 3%, leading the decline, and multiple negative losses in oil stocks put pressure on oil prices, and international oil prices plummeted 3%
The trend of petroleum stocks was weak. As of press release, CNPC (00857) fell 2.96% to HK$3.21; CNOOC (00883) fell 1.06% to HK$18.62; and Sinopec (00386) fell 0.44% to HK$4.5.
China Oilfield Services to Announce Q1 Results on April. 25
China Oilfield Services (HKG:2883, SHA:601808) will declare its financial results for the first quarter of 2024 on April. 25, according to Wednesday's filing with the Hong Kong bourse. Investors may e
CNOOC Oilfield Services (02883.HK): Plans to hold a performance briefing for the first quarter of 2024 on April 25
Gelonghui, April 17, 丨 CNOOC Oilfield Services (02883.HK) announced that the company plans to publish the first quarter results on the Hong Kong Stock Exchange Limited website on April 25, 2024. In order to facilitate investors to have a more comprehensive and in-depth understanding of the company's results and operations for the first quarter of 2024, the company plans to hold a performance briefing on April 25, 2024 (Thursday) at 17:30-18:30 to exchange views on issues of general concern to investors. Relevant company management personnel will attend this performance briefing. This performance briefing will be held via conference call, and the company will target 20
中海油田服務：二零二三年年度報告
Deshi Co., Ltd. (301158.SZ): Provides underground power drilling tools products for CNOOC
Gelonghui, April 16 | Deshi Co., Ltd. (301158.SZ) said on the investor interactive platform that the company provides underground power drilling tools products for CNOOC, CNOOC provides drilling engineering technical services, and the company has no specific usage information for CNOOC.
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table. But Wall Street is looking elsewhere in the region for hints about how high prices could go.
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