CI-COSL@EC2701A

SUPERLAND GROUP

OCT (ASIA)

GREAT WORLD

JIAODA WITHUB

CREATIVE CHINA

SMART CITY DEV

DAISHOMICROLINE

RIMBACO

SHENYANG PUBLIC

XUNCE

02883

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China Oilfield Services (COSL) held its Q4 earnings call, highlighting a tech-driven shift in its business model. Technology now accounts for 55% of revenue and 72% of profit, with R&D investment increasing significantly. The company is expanding its international footprint, securing major contracts abroad. Despite challenges like FX volatility and regional tensions, COSL remains optimistic about future profitability, focusing on large-scale equipment and strategic debt optimization. However, pricing pressure in marine support and uncertain oil market conditions pose risks for 2026.

Tip Ranks

CHINA OILFIELD

COSL

China Oilfield Services Earnings Call Signals Tech-Driven Shift

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CNOOC Vice Chairman Huang Yongzhang stated that the company will increase exploration and development efforts, setting a production target of 65 to 70 million tons, and control costs to cope with oil price fluctuations. Currently, domestic crude oil production is 61 million tons, and natural gas production is expected to increase from 30 billion cubic meters to 40 billion cubic meters over the next five years. The company's production target for this year is 78 to 80 million barrels of oil equivalent, with a capital expenditure budget of 112 to 122 billion yuan

AASTOCKS

Yinhua CSI Oil & Gas Resources ETF

China Universal CSI Oil & Gas Resources ETF

Guotai CSI Oil & Gas Industry ETF

Bosera CSI Oil & Gas Resources Index ETF

CNOOC

CNOOC: Oil prices are difficult to control, but costs are manageable; domestic crude oil production is heading towards 65 to 70 million tons

Citi raised the target price for CHINA OILFIELD SERVICES to 11.6 yuan, with a rating of "Buy." Management stated that although geopolitical conflicts have caused short-term fluctuations in operations, the long-term strategy remains unchanged, and it is expected to enhance revenue and profitability through integrated operations. The company's earnings forecasts for this year and next year have been raised by 5% and 2%, respectively

Citi raised the target price of COSL to 11.6 yuan with a rating of "Buy"

Citi released a research report stating that COSL's core earnings exceeded expectations last year, with net profit increasing by 22% to RMB 3.842 billion. Excluding the impact of one-time items, core net profit was RMB 4.4 billion, which was 6% and 9% higher than market expectations, respectively. The company declared a final dividend of HKD 0.33 per share, with a payout ratio of 35%. The drilling business performed well, with EBIT reaching a new high since 2018. Citi raised the target price to HKD 10.8, reflecting the recovery of the drilling business

In "The Big Banks," Citigroup: COSL's core profit last year exceeded expectations, raising the target price to 10.8 yuan

China Oilfield Services Logs Higher Profit, Revenue in 2025

marketscreener

China Oilfield Services Logs Higher Profit, Revenue in 2025

China Oilfield Services announced its full-year results for the year ending December last year, with a revenue of RMB 50.282 billion, a year-on-year increase of 4.1%. The net profit was RMB 3.842 billion, an increase of 22.5%; earnings per share were 80.51 cents. The company declared a final dividend of 28.25 cents, an increase from 23.06 cents in the same period last year. By the end of 2025, the company will operate and manage 60 drilling platforms, of which 45 are in China and 15 are in international regions

In the performance report, COSL's annual net profit reached RMB 3.842 billion, an increase of 22.5%, with a final dividend of RMB 0.2825

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UBS released a report listing Chinese stocks that may outperform during rising oil prices, including PetroChina, CNOOC, Dongfang Electric, BYD, Li Auto, Xinhang, China Construction Bank, Bank of China, and Industrial and Commercial Bank of China. China Mobile was given a "Neutral" rating, while the remaining stocks received "Buy" ratings

PETROCHINA

ZPEC

CHINA BLUECHEM

SINOPEC SSC

E Fund CSI Petrochemical Industry ETF

First Trust North American Energy Infra Fd

ChinaAMC CSI Petrochemical Industry ETF

UBS lists potential outperforming Chinese stocks during the oil price rise (table)

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The National Development and Reform Commission announced that starting from midnight tonight, the prices of gasoline and diesel in the mainland will be increased by 1,160 yuan and 1,115 yuan per ton, respectively. This price adjustment is due to a significant rise in international crude oil prices, particularly as crude oil prices in the Middle East have reached historical highs. The Commission will guide refined oil production and sales enterprises to ensure market supply, strengthen market supervision, maintain market order, and protect consumer interests

Sinopec Corp.

HSPC

F GX OIL

Starting from midnight tonight, the mainland will raise the prices of gasoline and diesel, with actual prices of 1,160 and 1,115 RMB per ton, respectively

TCEHY

XIACY

STECH

TCTZF

The Hang Seng Index closed at 25,592 points, down 432 points or 1.7%. The Hang Seng TECH Index reported 5,027 points, down 80 points or 1.6%. Tencent fell 5.9%, Xiaomi Corporation rose 4.3%, and Alibaba dropped 3.4%. Other major stocks showed mixed performance, with Zijin Mining down 8.1%, China Hongqiao down 6%, and KUAISHOU-W down 5.4%. CHINA OILFIELD rose 3.4%

Tencent

Xiaomi Corporation

Hang Seng TECH Index

Tencent Holdings Limited

TENCENT

KUAISHOU-W

Zijin Mining

Alibaba

ZIJIN MINING

KraneShares 2x Long BABA Daily ETF

The Half-Day Express reports that the Hang Seng Index fell by 432 points; the Hang Seng TECH Index dropped by 80 points. Tencent fell by over 5%, Xiaomi Corporation rose by over 4%, and Alibaba fell by over 3%. Qingsong Health, Jingwei Tiandi, and CITIC International Telecom reached new highs

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The Hang Seng Index closed at 25,593 points, down 123 points or 0.5%; the Hang Seng TECH Index reported 5,007 points, down 20 points or 0.4%. Among the actively traded heavyweights, Alibaba rose 1.5%, Tencent rose 1.1%, and Xiaomi rose 0.3%. MTR Corporation fell 6.3%, and Lao Pu Gold fell 4.8%. CATL and CNOOC hit new highs, rising 1.6% respectively

FI2 CSOP HSI

BABA-W

FL2 CSOP HSI

MTR CORPORATION

BABA 2x Long Daily ETF - GraniteShares

Hang Seng Index

CATL

FI CSOP HSI

CSOP HS TECH

The Half-Day Report shows that the Hang Seng Index closed at 25,593 points, down 123 points; the Hang Seng TECH Index closed at 5,007 points, down 20 points. MTR Corporation fell over 6%, while CATL, CNOOC, China Xuyang Group, Health 160, and Swire reached new highs

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The Hong Kong stock market opened lower, with the Hang Seng Index down 133 points to 25,583 points. Technology stocks showed mixed performance, with Tencent opening flat and Alibaba down 0.2%. Oil and coal stocks rose, with PetroChina and CNOOC opening up 1.2% and 1.4%, respectively. Market expectations for interest rate cuts have weakened, leading to a 1% drop in gold prices

OOIL

TRACKER FUND

ISHARESHSI

China Universal CSI Hong Kong Connect High Dividend Yield Investment ETF

Huaan Hang Seng HK Equities China Central SOE Dividend ETF

FI2CAMNDQ100

CSOP HSI ETF

"Hong Kong Stocks" The Hang Seng Index opened 133 points lower, OOIL fell 3% after earnings, oil stocks and coal stocks rose

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The southbound capital flow of the Hong Kong Stock Connect shows that the TRACKER FUND had a net inflow of HKD 4.701 billion, while CNOOC and SMIC had net inflows of HKD 1.238 billion and HKD 317 million, respectively. Tencent and Alibaba had net outflows of HKD 480 million and HKD 429 million, respectively. Overall, the southbound capital outflow was HKD 0, with a total transaction amount of HKD 113.467 billion, accounting for 46.85% of the market transaction amount

SMIC

Net inflow of HKD 4.701 billion for the Tracker Fund through Hong Kong Stock Connect

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The Hang Seng Index closed down 182 points at 25,716 points, marking a two-day decline. International oil prices surged to over $90 due to tensions in the Middle East, while Hong Kong stocks were pressured by sell-offs in technology and real estate stocks, with turnover falling to HKD 242.1 billion. CNOOC rose 3.7% to close at HKD 29.1; KNOWLEDGE ATLAS fell 8.9% to close at HKD 555.5. The OpenClaw craze has cooled down, with related concept stocks generally weakening

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KNOWLEDGE ATLAS

The Hang Seng Index closed down 182 points, CNOOC rose 3.7%, OpenClaw cooled down again, and KNOWLEDGE ATLAS fell 8.9% | Hong Kong stock market closing

CI-COSL@EC2701A(26585.HK)

CI-COSL@EC2701A Stock Performance Chart

China Oilfield Services Earnings Call Signals Tech-Driven Shift

CNOOC: Oil prices are difficult to control, but costs are manageable; domestic crude oil production is heading towards 65 to 70 million tons

Citi raised the target price of COSL to 11.6 yuan with a rating of "Buy"

In "The Big Banks," Citigroup: COSL's core profit last year exceeded expectations, raising the target price to 10.8 yuan

China Oilfield Services Logs Higher Profit, Revenue in 2025