智通财经网·2025-08-21 03:52Core Viewpoint - CNOOC Services (02883) is experiencing a stock price increase of over 4%, attributed to expectations of improved net profits driven by high utilization rates of its drilling platforms [1] Company Performance - CNOOC Services plans to hold a board meeting on August 27 to consider and approve its interim results [1] - The stock price rose by 4.19% to HKD 7.46, with a trading volume of HKD 62.01 million [1] Analyst Insights - Citigroup has initiated a 90-day upward catalyst observation for CNOOC Services, anticipating improved net profits in Q2 and Q3 due to high utilization of drilling platforms [1] - Currently, four drilling platforms are operational in the North Sea and Europe, with an additional platform starting operations in Brazil in collaboration with Petrobras [1] Market Expansion - Increased overseas expansion is expected to lead to higher day rates and better profit margins compared to the domestic market [1] - With rising regional day rates, Citigroup forecasts an improvement in the company's average daily revenue, which should drive higher profit growth [1]