Core Viewpoint - UBS reports that CNOOC's (00883) net profit for the first half of the year fell by 13% year-on-year to 69.5 billion RMB, with a second-quarter profit decline of 18% year-on-year to 33 billion RMB, which was better than expected [1] Group 1: Financial Performance - CNOOC's profit decline was smaller than the drop in oil prices due to increased oil and gas production and a continuous decrease in per-barrel costs [1] - UBS slightly raised the company's earnings forecast for 2025 to 2027, increasing the target price from 26 HKD to 26.5 HKD, maintaining a "Buy" rating [1] Group 2: Production and Capital Expenditure - CNOOC maintains its annual production target of 760 million to 780 million barrels of oil equivalent [1] - The capital expenditure plan is set at 125 billion to 135 billion RMB [1] - Management expects stable growth in capital expenditure in the medium to long term to support annual oil and gas production increases and the development of new energy businesses [1]

申能股份有限公司2025 年半年度报告 公司代码：600642 公司简称：申能股份 申能股份有限公司 申能股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人华士超、主管会计工作负责人杨波及会计机构负责人（会计主管人员）潘步恩 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 □适用 √不适用 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 无 十一、 其他 □适用 √不适用 申能股份有限公司2025 年半年度报告 载有公司法定代表人、主管会计工作负责人、会计机构负责人签名并盖 章的会计报表 报告期内在中国证监会指定报纸 ...

格隆汇8月29日｜天风证券研报指出，中国石油上半年归母净利润840亿，Q2归母净利润372亿，上半年 分红0.22元/股。勘探开发板块，上半年国内原油产量同比+0.6%，天然气产量+4.7%。原油实现价格 66.2美元/桶，同比-11.2美元/桶。经营利润857亿，同比-62亿（同比-6.8%）。业绩波动显著好于油价同 比变化原因可能包括量增、原油操作成本和从价税下降。公司面临成品油达峰问题，炼油及销售板块积 极优化结构，天然气销售板块利润增长。按照去年52%分红比例，对应A股分红收益率5%，H股分红收 益率7%，维持"买入"评级。 MACD金叉信号形成，这些股涨势不错！ ...

ESG Policies - The Central Committee and State Council of China issued an opinion to strengthen the national carbon market, aiming for comprehensive coverage of major industrial emission sectors by 2027 and full coverage of voluntary greenhouse gas reduction trading markets in key areas [1] ESG Investment - A new ESG green unicorn industry fund with a scale of 500 million RMB was launched, focusing on high-growth sectors such as intelligent manufacturing, AI, and new energy, utilizing diverse investment methods to support global development [2] - The Rongtong CSI Chengtong Central Enterprise ESG ETF Connect Fund was launched with a record issuance scale of 960 million RMB, indicating a significant increase in domestic investor recognition of sustainable investments [3] ESG Development - The National Energy Administration reported that renewable energy investments have become the dominant force in power investments, with over 80% of investment in key renewable energy projects expected in 2024, highlighting the acceleration of green energy transition in China's energy structure [4] - KPMG China noted that more companies are viewing ESG as a new engine for business growth, integrating it into core strategies rather than treating it as a compliance task, reflecting a significant evolution in corporate governance philosophy [5][6] ESG Actions - The chairman of China National Petroleum Corporation emphasized the need to advance the construction of large-scale renewable energy bases, focusing on diverse technologies such as geothermal, wind, and solar energy, showcasing the company's commitment to green transformation [7]

受中央组织部领导委托，中央组织部有关干部局负责同志宣布了党中央关于中国石油天然气集团有限公司总经理任职的决定：周心怀同志任中国石 油天然气集团有限公司董事、总经理、党组副书记，免去其中国海洋石油集团有限公司董事、总经理、党组副书记职务。相关职务任免，按有关法 律和章程的规定办理。 中国石油天然气集团有限公司2025年8月29日召开领导班子（扩大）会议。 ...

2025年8月29日，中国石油天然气集团有限公司召开领导班子（扩大）会议。受中央组织部领导委托， 中央组织部有关干部局负责同志宣布了党中央关于中国石油天然气集团有限公司总经理任职的决定：周 心怀同志任中国石油天然气集团有限公司董事、总经理、党组副书记，免去其中国海洋石油集团有限公 司董事、总经理、党组副书记职务。相关职务任免，按有关法律和章程的规定办理。 ...

（记者 谭玉涵） 每经AI快讯，天风证券8月29日发布研报称，给予中国石油（601857.SH，最新价：8.71元）买入评级。 评级理由主要包括：1）上游业绩波动显著好于油价波动；2）面临成品油达峰问题，炼油及销售板块积 极优化结构；3）天然气销售板块利润增长；4）资本开支有所下行。风险提示：经济衰退带来原油需求 下降，从而导致油价大幅跌落的风险；未来新项目投产不及预期的风险；天然气需求不及预期的风险。 每经头条（nbdtoutiao）——申请超2万份，已开出41家，加盟海底捞，你要准备多少钱？1000万元不算 多，真实"账单"公布 每日经济新闻 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 ...

中国石油天然气股份有限公司计划发行3年期美元债券为2026年到期票据再融资。 ...

Core Viewpoint - DBS reported that China Petroleum & Chemical Corporation (00857) slightly exceeded expectations in Q2 2025, with a net profit decrease of 13% year-on-year to 37 billion RMB, primarily due to a 20% drop in oil prices [1] Financial Performance - The net profit for Q2 2025 was 37 billion RMB, reflecting a 13% year-on-year decline [1] - Oil prices have stabilized in the range of 65-70 USD per barrel, which may alleviate concerns regarding downstream supply surplus [1] Dividend Information - China Petroleum's interim dividend is set at 0.22 RMB per share, which is better than expected [1] - The full-year dividend is anticipated to be 0.44 RMB per share, resulting in a dividend yield of 6.5% [1] Investment Rating - DBS maintains a "Buy" rating for the stock, with the target price raised from 7.3 HKD to 8 HKD [1] - The target price adjustment is based on an updated valuation model extending to the fiscal year 2026, along with a slight increase in downstream business valuation [1]

智通财经APP获悉，星展发布研报称，中国石油股份(00857)2025年第二季业绩略超预期，净利润同比下 降13%至370亿元人民币，主要受油价下跌约20%影响。该行认为，油价似乎稳定在每桶65-70美元区 间，市场关注下游供应过剩可能缓解。星展指，中石油中期股息每股0.22元人民币，好过预期;预期全 年股息为0.44元人民币，股息率达6.5%。维持对该股"买入"评级，目标价由7.3港元上调至8港元，因估 值模型已更新至2026财年，且下游业务估值略为调升。 ...