CNOOC Limited reports H1 results (Pink Current Info:CEOHF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2024
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Should l Buy ?
Source: SeekingAlpha
Financial Performance: CNOOC Limited reported a 25% year-over-year increase in net profit attributable to equity shareholders, reaching RMB79.7 billion for the first half of the year.
Production Milestone: The company's net production rose to 362.6 million BOE, marking a 9.3% year-over-year increase and achieving a historic high for the same period.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
