智通财经APP讯，中国海油(600938.SH)披露2025年半年度报告，报告期公司实现营收2076.08亿元，同比下降8%;归母净利润695.33亿元，同比下降13%;扣非 净利润693.53亿元，同比下降12%;基本每股收益1.46元。拟派发2025年中期股息每股0.73港元(含税)。 ...

"三桶油"半年报全部亮相。中国海油（600938）（600938）8月27日晚间发布半年报，上半年公司营业 收入2076.08亿元，同比下降8%，净利润695.33亿元，同比下降13%，主要受布伦特原油均价同比下跌 15.1%影响。公司董事会决定派发2025年中期股息每股0.73港元（含税）。 受原油价格下降影响，"三桶油"利润都有所下滑，中国石油上半年实现营业收入1.45万亿元，同比降低 6.7%；归母净利润840.07亿元，同比下滑5.4%。中国石化上半年实现营业收入约1.41万亿元，同比降低 10.6%；净利润为214.83亿元，同比骤降39.8%。 报告期内，中国海油通过持续提升产量对冲油价波动，油气净产量达384.6百万桶油当量，同比增长 6.1%。其中，天然气产量大幅增长12%，能源结构优化成效显著。 在勘探领域，中国海油斩获龙口25-1、锦州27-6等5个油气新发现，成功评价18个含油气构造。其中， 锦州27-6、曹妃甸22-3发现分别展现渤海湾盆地古近系岩性领域与浅层岩性勘探潜力，涠洲10-5南发现 更是实现中国南海海域首个变质岩潜山勘探领域重大突破。海外方面，公司战略布局持续深化，签署伊 拉 ...

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) reported strong mid-year performance for 2025, with significant revenue and profit growth, alongside a robust increase in natural gas production [2][3]. Financial Performance - CNOOC achieved operating revenue of 207.608 billion RMB and a net profit attributable to shareholders of 69.5 billion RMB for the reporting period [2]. - The company declared an interim dividend of 0.73 HKD per share, totaling approximately 31.602 billion RMB [2]. Production and Exploration - The company's net production reached 384.6 million barrels of oil equivalent, marking a 6.1% year-on-year increase, with both domestic and international production exceeding historical levels [4]. - CNOOC made five new discoveries in domestic exploration, including significant finds in the Bohai Bay Basin and the Beibu Gulf Basin [3][4]. - Internationally, CNOOC signed oil contracts in Iraq and Kazakhstan, expanding its overseas exploration footprint [3]. Technological Advancements - CNOOC enhanced its research and development capabilities, implementing advanced seismic data collection and processing technologies, which improved exploration data quality [6]. - The company achieved a historical low natural decline rate of 9.5% in offshore oil fields through innovative technologies [6]. Environmental Initiatives - CNOOC made strides in clean production, utilizing energy-saving measures and renewable energy sources, achieving over 900 million kWh of green electricity generation [7]. - The company initiated its first CCUS project in the South China Sea, promoting a new model for marine energy recycling [7]. Strategic Outlook - CNOOC's chairman emphasized the company's commitment to high-quality development and safety in production, aiming to meet annual targets despite market fluctuations [7].

受原油价格下降影响，"三桶油"利润都有所下滑，中国石油上半年实现营业收入1.45万亿元，同比降低 6.7%；归母净利润840.07亿元，同比下滑5.4%。中国石化上半年实现营业收入约1.41万亿元，同比降低 10.6%；净利润为214.83亿元，同比骤降39.8%。 报告期内，中国海油通过持续提升产量对冲油价波动，油气净产量达384.6百万桶油当量，同比增长 6.1%。其中，天然气产量大幅增长12%，能源结构优化成效显著。 "三桶油"半年报全部亮相。中国海油（600938）8月27日晚间发布半年报，上半年公司营业收入2076.08 亿元，同比下降8%，净利润695.33亿元，同比下降13%，主要受布伦特原油均价同比下跌15.1%影响。 公司董事会决定派发2025年中期股息每股0.73港元（含税）。 在勘探领域，中国海油斩获龙口25-1、锦州27-6等5个油气新发现，成功评价18个含油气构造。其中， 锦州27-6、曹妃甸22-3发现分别展现渤海湾盆地古近系岩性领域与浅层岩性勘探潜力，涠洲10-5南发现 更是实现中国南海海域首个变质岩潜山勘探领域重大突破。海外方面，公司战略布局持续深化，签署伊 拉克Block7区 ...

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) reported a decline in revenue and net profit for the first half of 2025, indicating challenges in the oil and gas sector [1] Financial Performance - The company achieved revenue of 207.608 billion yuan, a year-on-year decrease of 8% [1] - The net profit attributable to shareholders was 69.533 billion yuan, down 13% year-on-year [1] - The non-recurring net profit was 69.353 billion yuan, reflecting a 12% decline compared to the previous year [1] - Basic earnings per share stood at 1.46 yuan [1] Dividend Announcement - CNOOC proposed an interim dividend of 0.73 Hong Kong dollars per share (tax included) for the first half of 2025 [1]

Group 1: Financial Performance - In the first half of the year, China National Offshore Oil Corporation (CNOOC) reported a revenue of 207.6 billion yuan and a net profit attributable to shareholders of 69.5 billion yuan [1] - The average price of Brent crude oil was $71.7 per barrel, a decrease of 14.7% year-on-year, leading to a slight decline in profits for the "Big Three" oil companies [1] - The combined daily profit of the "Big Three" oil companies was approximately 970 million yuan in the first half of the year [1] Group 2: Production and Growth - CNOOC's net production reached 385 million barrels of oil equivalent, an increase of 6.1% year-on-year, with both domestic and international production exceeding historical levels [1] - China National Petroleum Corporation (CNPC) achieved a production of 924 million barrels of oil equivalent, a 2.0% increase year-on-year, with natural gas production hitting a historical high [1] - China Petroleum & Chemical Corporation (Sinopec) reported an oil and gas equivalent production of 263 million barrels, also a 2.0% increase year-on-year, with domestic production reaching a historical high [1] Group 3: New Energy Initiatives - CNPC's wind and solar power generation reached 3.69 billion kWh, a 70.0% increase from the previous year, and the company is actively pursuing carbon capture, utilization, and storage (CCUS) projects [2] - Sinopec is expanding its hydrogen energy and electric vehicle charging networks, aiming to transform into a comprehensive energy service provider [2] - CNOOC is integrating oil and gas production with new energy initiatives, including the launch of its first offshore CCUS project, promoting a new model of marine energy recycling [3]

格隆汇8月27日丨中国海油(600938.SH)公布2025年上半年业绩，公司上半年油气净产量达到3.85亿桶油 当量，同比增长6%，上半年实现营业收入2076.08亿元，同比下降8%；实现归母净利润695.33亿元，同 比下降13%。董事会决定派发中期股息每股0.73港元。公司在上半年面对国际油价波动的挑战，通过科 技创新和绿色转型拓展发展空间，并在国内外油气勘探方面取得多项新发现。 ...

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) demonstrated strong resilience in the first half of 2025, achieving a net profit of 69.5 billion yuan despite a 15.1% decline in Brent crude oil prices, showcasing its ability to maintain stable development amid cyclical challenges [1][4]. Group 1: Performance Metrics - Total operating revenue reached 207.608 billion yuan, with a net profit attributable to the parent company of 69.5 billion yuan, reflecting a 13% decrease year-on-year [1]. - Oil and gas net production hit 384.6 million barrels of oil equivalent, marking a 6% increase year-on-year, with significant contributions from both domestic and international production [2]. - Natural gas production rose to 14.64 billion cubic meters, a substantial 12% increase compared to the previous year, outperforming industry averages [3]. Group 2: Strategic Initiatives - CNOOC's strategy focuses on stabilizing mature oil fields, accelerating new oil field development, expanding low-permeability oil, and enhancing natural gas production, which has led to record production levels [2]. - The company has made significant advancements in exploration, with five new discoveries and successful evaluations of 18 oil and gas structures, expanding its international resource base [5]. - CNOOC plans to invest between 125 billion to 135 billion yuan in capital expenditures for 2025, ensuring robust support for production targets and sustainable development [5]. Group 3: Cost Management and Innovation - The average cost per barrel of oil equivalent remained competitive at 26.94 USD, slightly lower than the previous year, underpinning the company's profitability [3]. - CNOOC employs a cost-leading strategy, integrating lifecycle management and benchmarking against top international firms to maximize efficiency [3]. - Technological innovations, such as advanced geophysical techniques and smart injection technologies, have significantly improved resource utilization and reduced extraction costs [6]. Group 4: Long-term Growth and Investment Value - CNOOC's dual focus on production growth and lean cost control breaks the traditional reliance on oil prices for profitability, achieving a net profit decline smaller than the oil price drop [4]. - The company is committed to enhancing shareholder returns, with a dividend payout ratio set to exceed 45% from 2025 to 2027, and plans to distribute an interim dividend of 0.73 HKD per share [8]. - Institutional recognition of CNOOC's growth potential is increasing, with analysts highlighting its ability to navigate oil price cycles and its strong cost control capabilities [9].

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) reported a resilient performance in the first half of 2025, achieving a total revenue of 207.6 billion yuan and a net profit attributable to the parent company of 69.5 billion yuan, despite a 15.1% decline in Brent crude oil prices [2][5] Group 1: Performance Metrics - The company achieved a net oil and gas production of 384.6 million barrels of oil equivalent, a year-on-year increase of 6% [3][5] - Natural gas production reached 14.64 billion cubic meters, reflecting a significant year-on-year growth of 12% [4][5] - The cost per barrel of oil equivalent remained competitive at $26.94, slightly lower than the previous year [4][5] Group 2: Strategic Initiatives - CNOOC's strategy focuses on stabilizing mature oil fields, accelerating new oil field development, expanding low-permeability oil, and enhancing natural gas production [3][4] - The company successfully launched key projects such as the Bohai Zhong 26-6 oil field and the Wenchang 9-7 oil field, contributing to production growth [3][4] - CNOOC is actively pursuing technological innovation to enhance resource utilization efficiency and reduce costs [4][7] Group 3: Long-term Growth and Investment Value - CNOOC's long-term strategy emphasizes resource expansion, technological innovation, and green development, with a planned capital expenditure of 125 to 135 billion yuan for 2025 [6][9] - The company aims to increase its dividend payout ratio to no less than 45% from 2025 to 2027, enhancing shareholder returns [9][10] - CNOOC is well-positioned to benefit from rising global energy security demands while exploring new growth areas through strategic innovation [10][11]

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) reported a net oil and gas production of 384.6 million barrels in the first half of the year, representing a year-on-year increase of 6% [1] Financial Performance - Revenue for the first half of the year was 207.61 billion yuan, showing a year-on-year decline of 8.4% [1] - IFRS net profit for the first half was 69.5 billion yuan, which is a year-on-year decrease of 13% [1]