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China National Petroleum Corporation 2025 First Quarter Report
Commodity Prices Set to Tumble as Tariffs Slow Global Economy, World Bank Forecasts
PetroChina's Net Profit Rises on Higher Natural-Gas Sales
Petrochina: Steady growth in first quarter performance, significant increase in Henry Hub Natural Gas business, and a substantial improvement in Cash / Money Market.
Petrochina's performance in the first quarter shows steady growth: the Henry Hub Natural Gas Business has shown significant momentum, with a substantial improvement in cash flow. Key points include strong financial performance: Q1 Net income was 46.809 billion yuan, a year-on-year increase of 2.3%; net cash flow from operating activities was 139.436 billion yuan, a significant increase of 25.3%. The Oil & Gas business performed steadily: Oil & Gas equivalent production was 467 million barrels, a year-on-year increase of 0.7%; domestic natural gas production and sales volume increased by over 2% year-on-year, with unit Oil & Gas operating costs decreasing by 6.0%. The Henry Hub Natural Gas business stands out: natural gas sales volume reached 86.442 billion cubic meters, up 3.7% year-on-year, enhancing natural gas sales.
In the first quarter, PETROCHINA (00857) reported a net income of 46.809 billion yuan, a year-on-year increase of 2.3%.
PETROCHINA (00857) released the first quarter report for 2025, with revenue of 753.108 billion yuan (...
PETROCHINA (00857.HK) reported a Net income of 46.81 billion yuan in the first quarter, a year-on-year increase of 2.3%.
Gelonghui, April 29, PETROCHINA (00857.HK) announced that in the first quarter of 2025, the company's revenue was 753.1 billion yuan, a year-on-year decrease of 7.3%; the net income attributable to parent company shareholders was 46.81 billion yuan, a year-on-year increase of 2.3%; and the basic EPS was 0.26 yuan.
Maaddoo : only Chevron is excepted as they drill in Venezuela ..
机灵的艾德 : Robber logic.