Financial Performance - The company achieved oil and gas sales revenue of RMB 1717 billion[7] - Net profit attributable to the parent company was RMB 695 billion[7] - Interim dividend is HKD 0.73 per share (including tax)[7] - Net production reached 384.6 million barrels of oil equivalent, a 6.1% increase year-over-year[29] - Natural gas production increased significantly by 12.0% year-over-year[29] - Free cash flow reached RMB 57 billion[69] Exploration and Production - Five new discoveries were made[7, 16] - Eighteen oil and gas bearing structures were successfully evaluated[7, 19] - Ten new projects commenced production[7, 32] Operational Highlights - Overseas net production increased by 2.8% year-over-year, reaching 118.1 million barrels of oil equivalent[30] - Domestic net production increased by 7.6% year-over-year, reaching 266.5 million barrels of oil equivalent[30] - The company consumed 500 million kilowatt-hours of green electricity[56] Financial Health - Total assets reached RMB 1119 billion, an increase of RMB 62.7 billion from the beginning of the period[73] - The asset-liability ratio was 29.5%, and the capital-liability ratio decreased to 8.4%[73]
CNOOC(00883) - 2025 Q2 - Earnings Call Presentation