JP-COSL@EC2701A

CHINA OILFIELD to release FY2026 Q1 earnings on April 22 After-Market BJT, forecast EPS HKD 0.6568

COSL Holds Q4 Earnings Call, Emphasizes Technology-Driven Transformation

CNOOC Announces 2025 Financial Results and Proposes Dividend Distribution

BofA Securities Reiterates Buy Rating on CNOOC Oilfield Services and Adjusts Target Price

COSL CEO Comments on Middle East Impact and Business Strategy

CLSA Raises Target Price for CNOOC Services to HKD 10.8

Citi Publishes Report on CNOOC Oilfield Services

CHINA OILFIELD released FY2025 Q4 earnings on March 24 After-Market (BJT), actual revenue HKD 17.16 B, actual EPS HKD 0.149 (forecast EPS HKD 0.0222)

CHINA OILFIELD released FY2025 earnings on March 24 After-Market BJT, actual revenue HKD 54.96 B (forecast HKD 56.44 B), actual EPS HKD 0.8799 (forecast HKD 0.9527)

CNOOC Services Announces a 22.5% Increase in Net Profit for 2025

CNOOC Services Renews $400 Million Guarantees with Bank of China

CHINA OILFIELD to release FY2025 earnings on March 24 After-Market (BJT), forecast revenue HKD 57.53 B, EPS HKD 0.9711

COSL Singapore Capital to Issue RMB 5 billion Guaranteed Bonds

CNOOC Oilfield Services Issued 5 Billion Yuan Guaranteed Bonds at 1.95 Percent Rate

COSL Singapore Capital Ltd. Proposes to Issue International Notes

BofA Securities Upgrades CNOOC Services Rating to Buy

BS 上调 COSL H 股目标价至 9 HKD

CNOOC Oilfield Services Holds 2026 Strategic Guidance Press Conference

Invesco Increases Stake in CNOOC Oilfield Services

COSL Announces 2026 Strategic Guidance

FINELAND LIVING

GPIXEL

WK GROUP

MAX SIGHT GROUP

I.CENTURY HLDG

HAO BAI INTL

TEAMWAY INTL GP

GEMILANG INTL

DAISHOMICROLINE

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601808

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China Oilfield Services Sets Board Meeting to Approve First-Quarter 2026 Results

Tip Ranks

CNOOC

COSL

Bosera CSI Oil & Gas Resources Index ETF

CHINA OILFIELD

China Universal CSI Oil & Gas Resources ETF

Guotai CSI Oil & Gas Industry ETF

Yinhua CSI Oil & Gas Resources ETF

China Oilfield Services Sets Board Meeting to Approve First-Quarter 2026 Results

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CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

CNOOC F13 N4909

CNOOC F03 N3305

CNOOC F11 N4101

CNOOC F14 N4404

CNOOC F13 N2909

CNOOC F13 N4305

CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

ARES

BXMT

Reuters

ARES Management LP

Blackstone

Blackstone MortgageTrust

MEDIA-Blackstone, Ares, rivals grilled by Congress over private credit - Bloomberg News

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159731

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Brent crude oil prices fell by more than 4%, dropping below $100 per barrel for the first time, currently reported at $99.21. The market was volatile due to President Trump stating that the war in Iran may soon come to an end, with New York crude oil also down 3.96%. Trump is scheduled to give a speech on Wednesday evening to discuss the progress of the war in Iran. Among the three major oil companies in Hong Kong, CNOOC fell by 4.21%, PetroChina dropped by 1.4%, while Sinopec rose by 2.45%

AASTOCKS

SPDR O&G Ex & Prd

United States Oil Fund LP

VG Energy

PETROCHINA

Occidental Petroleum

BP p.l.c.

F SAMSUNG OIL

F GX OIL

ChinaAMC CSI Petrochemical Industry ETF

E Fund CNI Oil&Gas ETF

Sinopec Corp.

VanEck Oil Services ETF

SINOPEC SSC

Us Brent Oil

VanEck Oil Refiners ETF

ZPEC

SINOPEC CORP

ISHRS S&P Glb Engy

SPDR Energy Select

iShares US Oil & Gas Expl & Prod

Pro Ultr Bloomberg Crude Oil

CHINA BLUECHEM

HSPC

SPDR O&G Equip

GLOBAL X MLP & Energy Infra

E Fund CSI Petrochemical Industry ETF

iShares US Oil Equip & Svcs

Brent crude oil futures fell over 4%, dropping below $100 per barrel

China Oilfield Services Limited (HKG:2883) reported full-year results, with shares rising 2.4% to HK$9.80. Revenues of CN¥50b met expectations, but earnings per share (EPS) missed by 6%, at CN¥0.81. Analysts have adjusted forecasts, predicting 2026 revenues of CN¥52.4b (4.2% growth) and EPS of CN¥0.93 (16% increase). Despite downgrades, the price target remains at HK$10.30, indicating stable intrinsic value. The company's growth is expected to lag behind industry averages, reflecting a decline in sentiment post-results. Analysts emphasize long-term prospects over short-term earnings.

Simplywall

China Oilfield Services Limited Just Missed EPS By 6.0%: Here's What Analysts Think Will Happen Next

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.

China Oilfield Services Earnings Call Signals Tech-Driven Shift

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

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 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

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

First Trust North American Energy Infra Fd

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

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

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

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

JP-COSL@EC2701A(28445.HK)

JP-COSL@EC2701A Stock Performance Chart

China Oilfield Services Sets Board Meeting to Approve First-Quarter 2026 Results

CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

MEDIA-Blackstone, Ares, rivals grilled by Congress over private credit - Bloomberg News

Brent crude oil futures fell over 4%, dropping below $100 per barrel

China Oilfield Services Limited Just Missed EPS By 6.0%: Here's What Analysts Think Will Happen Next