Energy Equipment and Services

COSL

CNOOC Services to Hold Annual General Meeting and Voting

Citi Maintains Buy Rating on CNOOC Services with a Target Price of HKD 11.6

CNOOC Oilfield Services Q1 Revenue Up 4.6%, Net Profit Down 3.6%

COSL released FY2026 Q1 earnings on April 22 After-Market (BJT), actual revenue CNY 11.3 B, actual EPS CNY 0.1793 (forecast EPS CNY 0.58)

COSL to Release FY2026 Q1 Earnings on April 22 After-Market (BJT), Forecast EPS CNY 0.58

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

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

COSL released FY2025 Q4 earnings on March 24 After-Market (BJT), actual revenue CNY 15.43 B, actual EPS CNY 0.134 (forecast EPS CNY 0.02)

COSL released FY2025 annual earnings on March 24 After-Market (BJT), actual revenue CNY 50.28 B (forecast CNY 50.75 B), actual EPS CNY 0.805 (forecast CNY 0.8602)

CNOOC Services Renews $400 Million Guarantees with Bank of China

COSL to Release FY2025 Earnings on March 24 After-Market (BJT), Forecast Revenue CNY 50.75 B, EPS CNY 0.8602

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

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China Oilfield Services Limited has scheduled its 2025 Annual General Meeting for May 22, 2026, in Hebei Province. Shareholders will vote on the approval of audited financial statements, profit distribution, and the reappointment of auditors. The agenda includes extending US dollar loans with parent guarantees and a mandate for issuing up to 20% of existing H shares, which may enhance funding flexibility. The stock is currently rated a Buy with a target price of HK$10.80.

Tip Ranks

CHINA OILFIELD

China Oilfield Services Sets 2025 AGM to Approve Financials, Guarantees and H-Share Issuance Mandate

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The three major A-share indices declined at midday, with the Shanghai Composite down 0.07%, Shenzhen Component down 0.4%, and ChiNext down 0.5%. Tourism stocks weakened significantly, while WUXI APPTEC surged to its limit-up after reporting a 26.7% YoY increase in net profit. Other notable movements included GF Securities rising 6.9% and various chip stocks showing mixed results. The central parity of RMB against USD was set at 6.8589, with the People's Bank of China injecting RMB38.5 billion through reverse repos.

AASTOCKS News

WuXi AppTec

SSE Index

Shenzhen Index

ChiNext

WUXI APPTEC

ICBC

GF SECURITIES

GF SEC

BYD COMPANY

CATL

CNOOC

PETROCHINA

Chitianhua

RUIFENG CHEM

China Coal Energy

CHINA COAL

CSSC Holdings

COMEC

Shaanxi Tourism

SXLY

Lijiang Tourism

SMIC

Hua Hong

HUA HONG SEMI

Cambricon

Moore Threads

MetaX

Montage Technology

AMEC

Junshi Biosciences

JUNSHI BIO

WALVAX

Boyun New Materials

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

CATL HK SDR 30to1

CNOOC-R

PetroCN HK SDR 1to2

SMIC HK SDR 5to1

MONTAGE TECH

Three Major A-share Indices Edge Down at Midday; Tourism Stocks Weaken; WUXI APPTEC  Limit Up Against Market on Strong Results

In a report released on April 23, from Citi maintained a Buy rating on China Oilfield Services, with a price target of HK$11.60. The company’s shares closed last Wednesday at HK$9.25.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on China Oilfield Services is a Moderate Buy with an average price target of HK$11.83.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Remains a Buy on China Oilfield Services (CHOLF)

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

Bosera CSI Oil & Gas Resources Index ETF

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

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CNOOC F11 N4101

CNOOC F14 N4404

CNOOC F13 N2909

CNOOC F13 N4305

CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

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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%

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SPDR O&G Ex & Prd

United States Oil Fund LP

VG Energy

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

COSL(601808.SH)

China Oilfield Services Sets 2025 AGM to Approve Financials, Guarantees and H-Share Issuance Mandate

Three Major A-share Indices Edge Down at Midday; Tourism Stocks Weaken; WUXI APPTEC Limit Up Against Market on Strong Results

Citi Remains a Buy on China Oilfield Services (CHOLF)

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

CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

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