- CNOOC published its 2025 annual results announcement, reporting revenue down 5.3% to RMB398.2 billion.
- Profit attributable to equity shareholders fell 11.5% to RMB122.1 billion, and basic earnings per share were RMB2.57.
- Oil and gas sales revenue decreased 5.6% to RMB335.7 billion, as higher sales volume was offset by lower international oil prices.
- Net oil and gas production rose 7% to 777.3 million BOE, with 16 new projects brought on stream during the year.
- The board proposed a final dividend of HKD0.55 per share, and management set a 2026 production target of 780 million to 800 million BOE.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNOOC Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260326-12068658), on March 26, 2026, and is solely responsible for the information contained therein.
Comments