CNOOC (600938 CN) Q1 2026 Net Income 39.13bln, +7% Y/Y
CNOOC's Q1 2026 net income of 39.13 billion, reflecting a 7% year-over-year increase, suggests stability in their revenue generation amid current energy market volatility.
[MARKET ANALYSIS] Bourses choppy, BP/ LN bottom line jumps, healthcare hit by Novartis and Bayer - earnings ahead
PBoC guided banks to increase lending in April, according to sources
CNOOC (600938 CN) Q1 2026 Net Income 39.13bln, +7% Y/Y
Hong Kong Balance of Trade (Mar) -89.1B (Prev. -64.2B)
Hong Kong Exports YoY (Mar) Y/Y 35.8% (Prev. 24.7%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This positive performance could enhance investor confidence and may indicate resilience against fluctuating commodity prices, impacting overall sector sentiment favorably.
Related headlines
- Turkish Energy Minister says that they are starting an oil exploration in the Western Black Sea in the coming days59 min ago
- CPC oil terminal on the Black Sea was reportedly attacked by drones overnight2 hours ago
- Iraq reportedly seeks significant output quota increase during OPEC+ audits, wanting to target 6mln bbls/day, Bloomberg reports4 hours ago
- Qatar Interior Ministry says civil defence brought a fire on an oil tanker at the Al Wakra port under control and there were no injuries5 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL15 hours ago
- Stocks of crude oil in the US SPR fell by about 1.2mln barrels to 285.4mln barrels last week, lowest since 198217 hours ago
- Germany's Economy Minister says German gas storage levels are in the range of 60-70% at the start of winter; there are import options, which are sufficient enough to meet expected winter demand20 hours ago
- HSBC raises its H2'26 Dutch TTF gas price forecast to USD 22.5/MMBtu and its 2027 forecast to USD 17/MMBtu22 hours ago
- UK government says a general licence will enable the continued operation of Azerbaijan’s Shah Deniz gas field23 hours ago
- Iraqi Oil Minister says the Basra-Baniyas pipeline is under negotiation with US and Qatari companies23 hours ago
- Iraqi Oil Minister says they will soon announce refinery development and construction opportunities for investors1 day ago
- Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations 1 day ago
- US President Trump posts: "Oil prices will drop precipitously, like everything else is dropping (but more!), when we WIN the war with Iran. Three Dollars a gallon, but ultimately, below Two Dollars a gallon. It will all happen quickly"1 day ago
- Germany said to discuss gas storage help with SEFE and Uniper (UN0 GY)1 day ago
- Qatar LNG vessel closes in on Strait of Hormuz for exit, according to reports, citing data1 day ago
- Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.18 HIGHER AT USD 91.48/BBL; BRENT (X6) SETLES USD 0.76 HIGHER AT USD 96.28/BBL4 days ago
- [MARKET UPDATE] Energy benchmarks continue to bid higher, Brent X26 extending above USD 95/bbl while WTI V26 nears USD 91/bbl; follows unconfirmed social media reports of a missile fired from Iran (REMAINS UNCONFIRMED)4 days ago
- Iraq's oil ministry says August crude exports reached around 70mln barrels4 days ago
- Citadel reportedly looking to buy US Shale oil production assets, according to sources4 days ago
The whole workspace, free to try.
Try it free