The Zhitong Finance App learned that Everbright Securities released a research report saying that 26H1 CNOOC (00883.HK; 600938.SH) has benefited from rising oil prices and accelerated storage growth and production, and its performance has increased significantly, which is in line with the bank's expectations. The bank maintains its profit forecast for the company. The company's net profit for 26-28 is estimated to be 1,747, 1802, and 184.7 billion yuan, respectively, with corresponding EPS of 3.67, 3.79, and 3.89 yuan/share, respectively. The bank is optimistic about the company's potential to “increase storage and production” and its ability to control costs. The company's performance is expected to achieve long-term growth through the oil price cycle and maintain the “buy” ratings for the company's A shares and H shares.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that Everbright Securities released a research report saying that 26H1 CNOOC (00883.HK; 600938.SH) has benefited from rising oil prices and accelerated storage growth and production, and its performance has increased significantly, which is in line with the bank's expectations. The bank maintains its profit forecast for the company. The company's net profit for 26-28 is estimated to be 1,747, 1802, and 184.7 billion yuan, respectively, with corresponding EPS of 3.67, 3.79, and 3.89 yuan/share, respectively. The bank is optimistic about the company's potential to “increase storage and production” and its ability to control costs. The company's performance is expected to achieve long-term growth through the oil price cycle and maintain the “buy” ratings for the company's A shares and H shares.
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