Energy Equipment and Services

Sinopec Oilfield Services Holds 2025 Annual General Meeting

Sinopec Oilfield Services Net Profit Down 6.2% in Q1 2026

SSC released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 18.27 B, actual EPS CNY 0.011

Sinopec Oilfield Services reports record contract value of 95.6 billion yuan in 2025

SSC FY2026 Q1 Earnings Release on April 28 After-Market (BJT)

Sinopec Oilfield Services Releases 2025 Annual Sustainability Report

Sinopec Oilfield Services Reports Revenue Decline and Profit Growth in 2025

Sinopec Oilfield Services Plans to Issue Up to 5 Billion RMB in Corporate Bonds

Sinopec Oilfield Services Board Approves 8 Billion Yuan Transaction Cap with China Pipeline Company in 2026

SSC released FY2025 Q4 earnings on March 16 After-Market (BJT), actual revenue CNY 25.55 B, actual EPS CNY -0.0005

SSC released FY2025 annual earnings on March 16 After-Market (BJT), actual revenue CNY 80.71 B (forecast CNY 85.27 B), actual EPS CNY 0.035 (forecast CNY 0.0435)

SSC to Release FY2025 Earnings on March 16 After-Market (BJT), Forecast Revenue CNY 85.27 B, EPS CNY 0.0435

Latest Shareholder Equity Disclosure for Honygold Futures and Sinopec Oilfield Services

China State-Owned Enterprise Structural Adjustment Fund Reduced Sinopec Oilfield Services by 374.636863 million shares

Sinopec Oilfield Services Obtains New Real-Time Measurement System Patent for Downhole Engineering Parameters

Sinopec Oilfield Services Obtains Utility Model Patent Authorization

Sinopec Oilfield Services Obtains Patent for Self-degradable Plugging Agent Preparation Method

Sinopec Oilfield Services Receives New Patent Authorization

Sinopec Oilfield Services Announces Q1-Q3 2025 Financial Report

SSC released FY2025 9 Months Earnings on October 28 During-Market (BJT), Actual Revenue: CNY 55.16 B, Actual EPS: CNY 0.035

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Bank of America Securities raised its forecast for Brent crude oil prices to USD 92.5 per barrel and expects that if the war continues, oil prices could soar to USD 150-200. The firm raised the target price for PetroChina to HKD 12, with a 23% increase in after-tax net profit forecast to RMB 185 billion, maintaining a "Buy" rating. Meanwhile, the target price for Sinopec was lowered to HKD 5, with a 12% decrease in after-tax net profit forecast, maintaining a "Buy" rating

AASTOCKS

SINOPEC CORP

Guotai CSI Oil & Gas Industry ETF

ChinaAMC CSI Petrochemical Industry ETF

Sinopec Corp.

PETROCHINA

SINOPEC SSC

HSPC

First Trust North American Energy Infra Fd

ZPEC

Bank of America Securities raises this year's oil price forecast, increasing PetroChina's target price to 12 yuan

XOMX

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The Iranian Revolutionary Guard announced its intention to target the infrastructure of the United States and its allies to hinder their access to oil and gas resources in the region. The statement highlighted that previous restraint in selecting targets was due to friendly relations with regional allies, but this restraint will no longer apply moving forward.

CoinLive

BP p.l.c. ADRhedged

iShares US Oil & Gas Expl & Prod

Direxion Daily XOM Bull 2X Shares

SPDR Energy Select

E Fund CSI Petrochemical Industry ETF

iShares US Oil Equip & Svcs

Shell

Exxon Mobil

Invesco Great Wall CNI Oil&Gas ETF

BP PLC-Spons

TotalEnergies SE

Global X MLP

Bosera CSI Oil & Gas Resources Index ETF

BP p.l.c.

Direxion Daily Energy Bull 2X

VanEck Oil Services ETF

SPDR O&G Equip

VanEck Oil Refiners ETF

SPDR O&G Ex & Prd

United States Oil Fund LP

Alerian MLP

Yinhua CSI Oil & Gas Resources ETF

Chevron

Shell plc ADRhedged

SolaX Power

Us Brent Oil

Pro Ultr Bloomberg Crude Oil

Occidental Petroleum

ISHRS S&P Glb Engy

Tortoise N Americ Pipe

China Universal CSI Oil & Gas Resources ETF

GLOBAL X MLP & Energy Infra

Us Natural Gas

VG Energy

Iran's Revolutionary Guard: Will focus on attacking US and allies' infrastructure to prevent them from accessing oil and gas.

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%

COSL

F SAMSUNG OIL

CNOOC

F GX OIL

E Fund CNI Oil&Gas ETF

CHINA OILFIELD

CHINA BLUECHEM

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

The chairman of Great British Energy, Jürgen Maier, advocates for increased North Sea drilling to mitigate job losses in the oil and gas sector and generate higher tax revenues. He emphasizes the need for domestic production to allow workers time to transition to net zero jobs. Despite his support for renewables, Maier's comments have sparked controversy amid criticisms of Labour's energy policies. A report warns that current policies could lead to a reliance on imported liquefied natural gas by 2035. Energy Secretary Ed Miliband maintains that more drilling will not impact production levels or prices.

The telegraph

Harbour Energy Plc

Miliband’s clean energy tsar calls for more North Sea drilling

The chairman of SINOPEC SSC, Wu Baizhi, stated at the performance meeting that the company's business in the Middle East has not been significantly affected. With long-term deep cultivation in the Middle East market, a complete production operation and emergency system has been established. The company plans to sign new contracts worth RMB 92.5 billion for the whole year, including RMB 48.5 billion for the internal market, RMB 18 billion for the external market, and RMB 26 billion for the overseas market, and plans capital expenditures of RMB 3.24 billion

SINOPEC SSC: Middle East business not significantly affected

SINOPEC SSC announced its 2025 annual performance, with operating revenue of RMB 80.712 billion, a slight decrease of 0.5% year-on-year. It recorded a net profit of RMB 696 million, an increase of 12.1%, with earnings per share of 3.7 cents. According to Chinese accounting standards, the net profit attributable to shareholders was RMB 659 million, an increase of 4.3%, with earnings per share of 3.5 cents. No dividend was declared. In 2026, the company plans to sign new contracts worth RMB 92.5 billion. Capital expenditure is RMB 3.24 billion

In the "Performance" report, SINOPEC SSC's annual net profit is RMB 696 million, an increase of 12.1%, with no dividend distribution

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Sinopec has initiated its fourth consecutive day of fuel price hikes, raising petrol and diesel prices by 4 cents and 7 cents, respectively. This follows a surge in global oil prices, with Brent crude exceeding US$100 per barrel. The Consumer Association of Singapore has urged fuel companies to exercise restraint in price increases. Manpower Minister Dr. Tan See Leng warned that Singaporeans should expect rising electricity prices due to the country's reliance on imported natural gas for 95% of its electricity generation.

Asiaone

SHANGHAI PECHEM

SINOPEC N3101

SINOPEC N5101

SINOPEC N2911

Sinopec kicks off 4th consecutive day of pump price hikes even as Case urges fuel companies to 'exercise restraint'

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Oil and gas equipment and service stocks significantly retraced today after a sharp rise yesterday, with Shandong Molong down 17.53% and PETRO-KING down 20.75%. International oil prices fell by about 10% due to Trump's statement that the war with Iran may end and consideration of easing sanctions on Russian oil. CHK OIL dropped 20.19%, and SINOPEC SSC fell 7.56%. Both CNOOC and PETROCHINA were down over 2%

PETRO-KING

SHANDONG MOLONG

Shandong Molong

CHK OIL

Oil service stocks significantly retraced, Shandong Molong fell 17%, PETRO-KING dropped 21%

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The three major A-share indices closed lower, with the Shanghai Composite Index falling 1.4% to 4,122 points, the Shenzhen Component Index dropping 3.1% to 14,022 points, and the ChiNext Index decreasing 2.6% to 3,209 points. The trading volume exceeded 3 trillion yuan again. The central parity rate of the yuan against the US dollar rose to 6.9088, and the People's Bank of China conducted reverse repurchase operations. Oil, gas, and shipping stocks rose against the trend, with CNOOC, PETROCHINA, and SINOPEC hitting the daily limit. Chip stocks fell across the board, and gold-related stocks declined

ChiNext

Shenzhen Index

SSE Index

SINOPEC SEG

The three major A-share indices of Shanghai and Shenzhen closed down by 1.4% to 3.1%. The trading volume in Shanghai and Shenzhen exceeded 3 trillion RMB again. Oil and shipping stocks rose against the trend, while chip-related stocks all turned down

SSC(600871.SH)