证券代码：601808 证券简称：中海油服 公告编号：临2025-029 中海油田服务股份有限公司 关于召开2025年第一次临时股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 召开的日期时间：2025年12月2日上午10点00分 召开地点：河北省三河市燕郊经济技术开发区海油大街201号中海油服主楼311室 （五）网络投票的系统、起止日期和投票时间 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025年12月2日至2025年12月2日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大会召开当日的交易时间 段，即9:15-9:25，9:30-11:30，13:00-15:00；通过互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 （六）融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投票，应按照《上海证券交易 所上市公司自律监管指引第1号 一 规范运作》等有 ...

Core Viewpoint - Antonoil Services (03337.HK) announced a share buyback of 6 million shares at a cost of HKD 6 million on November 14 [1] Group 1 - The company executed a buyback program, indicating confidence in its stock value [1] - The total number of shares repurchased is 6 million [1] - The total expenditure for the buyback was HKD 6 million [1]

Core Viewpoint - Antonoil Services (03337) announced a share buyback plan, indicating confidence in its stock value and potential for future growth [1] Summary by Category Company Actions - The company plans to repurchase 600.8 million shares at a total cost of HKD 5.9984 million [1] - The buyback price per share ranges from HKD 0.98 to HKD 1.01 [1] Financial Implications - The total expenditure for the share buyback reflects a strategic move to enhance shareholder value [1]

Core Viewpoint - Antong Oilfield Services (03337) announced a share buyback plan, indicating confidence in its stock value and potential for future growth [1] Summary by Categories Company Actions - The company plans to repurchase 6.008 million shares at a total cost of HKD 5.9984 million [1] - The buyback price per share ranges from HKD 0.98 to HKD 1.01 [1] Financial Implications - The total expenditure for the share buyback reflects a strategic move to enhance shareholder value [1]

Core Viewpoint - The stock of Sinopec Oilfield Service Corporation has experienced fluctuations, with a recent decline of 2.28% and a total market capitalization of 48.72 billion yuan, despite a year-to-date increase of 25.98% [1] Financial Performance - For the period from January to September 2025, Sinopec Oilfield Service achieved a revenue of 55.163 billion yuan, reflecting a year-on-year growth of 0.51%, while the net profit attributable to shareholders decreased by 1.05% to 669 million yuan [2] - The company has cumulatively distributed dividends amounting to 2.084 billion yuan since its A-share listing, with no dividends distributed in the past three years [3] Stock Market Activity - As of November 14, the stock price was reported at 2.57 yuan per share, with a trading volume of 696 million yuan and a turnover rate of 1.95% [1] - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on November 12, where it recorded a net purchase of 19.866 million yuan [1] Shareholder Information - As of September 30, 2025, the number of shareholders stood at 107,500, a slight decrease of 0.05% from the previous period [2] - The top circulating shareholder, Hong Kong Central Clearing Limited, increased its holdings by 43.2551 million shares to 95.692 million shares [3]

Financial Data and Key Metrics Changes - Overall third quarter revenue was $295.3 million, down 9.8% sequentially and 12.2% year-over-year, primarily due to the transition between major contracts in Saudi Arabia [17][18] - Adjusted EBITDA for Q3 2025 was $64 million, representing a margin of 21.7%, consistent with Q2 2025 levels despite lower revenues [18] - Adjusted EPS for Q3 2025 was $0.16, including adjustments for certain charges and credits [19] - Gross debt totaled $332.9 million, and net debt was $263.3 million, with a net debt-to-Adjusted EBITDA ratio of 0.93 [20] Business Line Data and Key Metrics Changes - Revenue decline was partially offset by solid growth in Kuwait, Qatar, and Iraq, with steady growth also noted in Oman, Egypt, Algeria, and Libya [17][18] - The company is positioned as the largest frac company in the Middle East, with the Jafurah tender representing the largest single-service contract in sector history [9][11] Market Data and Key Metrics Changes - The company is experiencing positive activity inflection beyond Jafurah, with growth in Kuwait and the return of additional rigs in Saudi Arabia [5][27] - The geopolitical relationship between the U.S. and Gulf states is strong, positively impacting energy markets and foreign investment [8] Company Strategy and Development Direction - The company is focused on a countercyclical investment strategy, allowing it to capitalize on global weaknesses and position itself for growth [11][12] - NESR aims to maintain operational readiness and efficiency while investing during downturns, contrasting with traditional industry practices [12][14] - The company plans to exit 2025 with a revenue run rate of approximately $2 billion, supported by expanding contract bases and sustained execution momentum [22][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a $2 billion exit run rate for 2026, with a high level of visibility on contract awards and execution [72][73] - The outlook for NESR remains favorable, supported by consistent execution on major contract wins and strategic investments [25][26] Other Important Information - The company is in the process of refinancing its debt facility, expected to enhance financial flexibility [24] - NESR is committed to maintaining disciplined debt reduction and improving working capital efficiency [25] Q&A Session Summary Question: Can you respond to comments about pricing competitiveness for the Jafurah contract? - Management highlighted their deep understanding of the local ecosystem and cost control measures that allowed them to maintain margins while being competitive [31][32] Question: What is the roadmap for development at Jafurah? - Management indicated readiness to ramp up operations with multiple crews and equipment already in place, targeting significant increases in stages delivered [34][35] Question: What is the expected incremental EBITDA from Jafurah? - Management confirmed that the incremental EBITDA for 2026 is approximately $100 million, based on the projected revenue run rate [37][38] Question: Can you provide updates on NEDA projects and water initiatives? - Management stated that several pilot projects are underway, with results expected to be shared in future calls [66][68] Question: What is the confidence level in achieving the $2 billion exit run rate for 2026? - Management expressed a 99% confidence level in achieving the target, with contracts already awarded and work commenced [72][73]

Core Viewpoint - CNOOC Services' stock price has experienced fluctuations, with a current decline of 2.01% and a year-to-date decrease of 2.46%, despite a recent 20-day increase of 5.93% [1] Financial Performance - For the period from January to September 2025, CNOOC Services reported a revenue of 34.854 billion, reflecting a year-on-year growth of 3.54%, and a net profit attributable to shareholders of 3.209 billion, which is a significant increase of 31.28% [2] Shareholder Information - As of September 30, 2025, the number of shareholders for CNOOC Services decreased by 6.08% to 64,000, with an average of 0 circulating shares per person [2] - The company has distributed a total of 15.492 billion in dividends since its A-share listing, with 2.866 billion distributed over the last three years [3] Major Shareholders - The top circulating shareholder is China Securities Finance Corporation, holding 138 million shares, unchanged from the previous period [3] - Other notable shareholders include招商优质成长混合(LOF) and华泰柏瑞沪深300ETF, with changes in their holdings compared to the previous period [3]

Group 1 - The stock price of CNOOC Development fell by 2.22% on November 13, trading at 3.97 yuan per share with a total market capitalization of 40.355 billion yuan [1] - The company has seen a year-to-date stock price decline of 3.99%, with a slight increase of 0.51% over the last five trading days [1] - CNOOC Development's main business segments include energy logistics services (51.51% of revenue), energy technology services (35.37%), and low-carbon environmental and digital services (17.13%) [1] Group 2 - As of September 30, the number of shareholders for CNOOC Development increased by 10.86% to 74,000, while the average circulating shares per person decreased by 9.79% to 137,449 shares [2] - For the period from January to September 2025, CNOOC Development reported a revenue of 33.947 billion yuan, reflecting a year-on-year growth of 0.81%, and a net profit attributable to shareholders of 2.853 billion yuan, up 6.11% year-on-year [2] Group 3 - Since its A-share listing, CNOOC Development has distributed a total of 4.747 billion yuan in dividends, with 3.354 billion yuan distributed over the past three years [3] - As of September 30, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 100 million shares, a decrease of 5.92672 million shares from the previous period [3]

Investment Rating - The investment rating for the company is "Buy" and is maintained [7] Core Views - The company reported a significant increase in net profit by 31.28% year-on-year for the first three quarters of 2025, reaching 3.209 billion yuan, driven by improved operational efficiency and reduced financial costs [2][5] - The drilling business has seen a substantial improvement in day rates due to the commencement of high-day-rate projects, contributing to the overall revenue growth [2][5] - The company is committed to a "technology-driven" strategy, which is expected to support stable growth in its oilfield technology services business in the future [2][5] - The potential of offshore oil and gas resources is significant, and the company is expected to benefit from China National Offshore Oil Corporation's (CNOOC) ongoing efforts to increase reserves and production [2][5] Summary by Sections Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 34.854 billion yuan, a year-on-year increase of 3.54% [2][5] - The net profit attributable to the parent company for the third quarter was 1.246 billion yuan, reflecting a 46.13% year-on-year growth [2][5] - The gross profit margin for the first three quarters reached 18.20%, an increase of 0.96 percentage points year-on-year [11] Drilling Business - The company’s drilling platforms operated for 14,784 days in the first three quarters, a 12.3% increase year-on-year [11] - The average day rate for platforms in the first half of 2025 was 91,000 USD/day, up 5.8% year-on-year, with semi-submersible platform day rates increasing by 27.6% [11] Technology and Market Strategy - The oilfield technology service business has seen a growth in operational volume despite a slight decline in market size [11] - The company aims to increase the revenue share of its oilfield technology services from 57% in 2024 to 60% by 2030 [11] Market Outlook - The global exploration and development of offshore and unconventional oil and gas resources are expected to be key growth areas, with CNOOC's capital expenditure budget for 2025 set between 125 billion and 135 billion yuan [11]

Core Viewpoint - The stock of Junyou Co., Ltd. has experienced fluctuations, with a year-to-date increase of 65.52%, but recent performance shows mixed results in the short term [1][2]. Group 1: Stock Performance - On November 10, Junyou's stock price fell by 2.04%, trading at 8.16 CNY per share, with a total market capitalization of 2.138 billion CNY [1]. - The stock has seen a net outflow of 6.4708 million CNY in principal funds, with significant selling pressure compared to buying [1]. - Year-to-date, the stock has risen by 65.52%, with a slight increase of 0.25% over the last five trading days, but a decline of 1.92% over the last 20 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Junyou reported operating revenue of 213 million CNY, a year-on-year decrease of 6.47%, and a net profit attributable to shareholders of -31.8684 million CNY, a decline of 110.67% [2]. - The company has not distributed any dividends in the last three years, with a total payout of 49.1493 million CNY since its A-share listing [3]. Group 3: Company Overview - Junyou Co., Ltd. is based in Karamay, Xinjiang, and specializes in oil technology services and related support services, with its main revenue sources being industrial services (74.84%), transportation (13.80%), and construction (11.11%) [1][2]. - As of October 31, the number of shareholders decreased to 41,100, with an average of 6,345 circulating shares per shareholder, reflecting a 4.37% increase [2].