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source: e company

china national offshore oil corporation (600938) disclosed its semi-annual report on the evening of august 28.

some investors found that the core contents such as financial data in the annual report summary were blank. "the table is all empty?" "maybe the wrong file was sent" "is it left for investors to help fill in?" the missing key data has caused investors to speculate.

as of press time, e company reporters found that the financial data table in the summary of cnooc's semi-annual report is already a complete version.

however, the "fundraising project details" column in china national offshore oil corporation's semi-annual report is in vertical format, which was criticized by investors for being inconvenient to view.

the relevant data is blank and then restored

on the evening of august 28, cnooc disclosed a mistake in the summary of its 2024 semi-annual report, with blanks in the core data such as operating income, net profit, and total assets in the table. however, cnooc's semi-annual report fully disclosed the financial data.

at about 7 p.m. on the 28th, after cnooc’s semi-annual report summary was posted online, some investors found that the relevant data was blank. at about 10 p.m., another investor found that the relevant data in the semi-annual report summary had been “restored” and left a message saying “i sent it by mistake, please try again?”

in addition to the semi-annual report summary, cnooc's semi-annual report has also attracted investors' attention due to layout issues. one investor said that the "fundraising project items" in cnooc's semi-annual report need to be read vertically (to be easier to understand).

according to the "shanghai stock exchange listed company board secretary management measures", the board secretary of a listed company is responsible for the information disclosure management of the listed company, including the release of company information to the outside world.

in addition, the "shanghai stock exchange listed company information disclosure evaluation method" points out: the exchange will evaluate the completeness of information disclosure by listed companies, focusing on whether the disclosed information is complete and whether there are any major omissions.

public information shows that xu yugao is the secretary of the board of directors of cnooc, who also serves as general legal counsel and director of regulations. the annual report shows that his pre-tax remuneration in 2023 was 1.26 million yuan.

net profit in the first half of the year increased by 25% year-on-year

in fact, china national offshore oil corporation’s semi-annual report data is quite impressive.

according to the disclosure, cnooc's operating income in the first half of 2024 was 226.77 billion yuan, a year-on-year increase of 18%; net profit was 79.731 billion yuan, a year-on-year increase of 25%; basic earnings per share was 1.68 yuan. the company plans to distribute an interim dividend of hk$0.74 per share (tax included) to all shareholders.

cnooc said that in the first half of the year, the company's quality improvement and efficiency upgrade actions have achieved real results, and net profit has increased significantly year-on-year. thanks to the increase in production and the increase in oil prices, the company's oil and gas sales revenue in the first half of the year reached 185.1 billion yuan, up 22% year-on-year. the company's all-round cost control system is running well, with the main cost of a barrel of oil being us$27.75/barrel of oil equivalent, and it continues to maintain its competitive advantage.

in terms of increasing reserves and production, cnooc made 7 new discoveries and successfully evaluated 18 oil and gas structures in the first half of the year. in terms of production, the company's net oil and gas production in the first half of the year reached 362.6 million barrels of oil equivalent, up 9.3% year-on-year, setting a record high for the same period in history.

cnooc said that the company adheres to fine water injection and oil stabilization and water control, and the natural decline rate of producing oil fields in china's waters continues to decrease. the suizhong 36-1/luda 5-2 oilfield secondary adjustment development project, the bozhong 19-6 gas field 13-2 block 5 well area development project, and the wushi 23-5 oilfield group development project have been successfully put into production. in addition, key new projects such as the deep sea no. 1 phase ii natural gas development project and the brazilian mero3 project are progressing smoothly.

as of now, the total market value of china national offshore oil corporation is approximately 1.41 trillion yuan.