■ zuo Zongxin
April 21, China National Offshore Oil Co., Ltd. (hereinafter referred to as "CNOOC") officially landed on the main board of the Shanghai Stock Exchange. The call auction opened 20% higher, and the stock price of once rose 44% during the session, reaching the increase limit on the first day of listing, and triggering the temporary suspension mechanism. Trading resumed from 10. As of the close, its stock price was 13.79 yuan, and the total market value of was 651.5 billion yuan.
In addition, company expects to achieve operating income of approximately RMB 69 billion to RMB 83 billion in the first quarter of 2022, a year-on-year increase of 32%-58%; 's net profit attributable to shareholders of the parent company is approximately RMB 24 billion to RMB 28 billion, a year-on-year increase of 62%-89%; net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses is approximately RMB 23.3 billion to RMB 27.3 billion, a year-on-year increase of 61%-89%.
With the successful listing of CNOOC, the "three barrels of oil" successfully met with A-shares. Previously, Sinopec and Sinopec were listed on the A-share market on August 8, 2001 and November 5, 2007 respectively.
policy is favorable, CNOOC firmly returns to A confidence
CNOOC is China's largest offshore crude oil and natural gas producer, and one of the world's largest independent oil and gas exploration and production groups. According to CNOOC's financial report, in 2021, the company achieved operating income of 246.112 billion yuan, an increase of 58.4% year-on-year; net profit attributable to parent company shareholders was 70.32 billion yuan, an increase of 181.77% year-on-year. In addition, thanks to the upward trend of international oil prices and good cost control, the company achieved oil and gas sales revenue of 222.1 billion yuan in 2021, a year-on-year increase of 59.1%; net profit of 70.3 billion yuan, a year-on-year increase of 181.7%.
As a red chip stock, CNOOC is the first to go public overseas.
February 27, 2001
CNOOC publicly issued American depositary receipts and listed on the New York Stock Exchange with the securities code "CEO".
February 28, 2001
CNOOC was listed and traded on the Hong Kong Stock Exchange.
September 18, 2013
CNOOC listed on the Toronto Stock Exchange.
For more than 20 years, CNOOC has used the funds raised in the capital market to carry out oil and gas exploration and development, refining, natural gas and power generation, and expand new energy businesses such as offshore wind power. But in 2021, CNOOC has had some ups and downs in the capital market.
2021
1 November 8
CNOOC was added to the list of military-related enterprises by the US government.
3 March 9
CNOOC ADR was suspended from trading on the New York Stock Exchange.
On October 22
CNOOC delisted from the New York Stock Exchange.
December 31
CNOOC delisted from the Toronto Stock Exchange.
And in 2021, many red chip stocks encountered similar situations as CNOOC. Based on this, on September 17, 2021, the China Securities Regulatory Commission announced the "Announcement on Expanding the Pilot Scope of Red-chip Enterprises in Domestic Listing" , supporting high-quality red-chip enterprises to issue securities in the domestic capital market to list, helping my country's high-tech industries and strategic emerging industries to develop and grow, and promoting high-quality economic development. The support of the policy of
has strengthened CNOOC's confidence in returning to A-shares.
2021
September 26
CNOOC announced the launch of the issuance procedure for RMB shares.
On October 26th
CNOOC shareholders' meeting passed the relevant proposal for issuing RMB shares.
On October 28th
CNOOC declared to the China Securities Regulatory Commission.
November 14th
CNOOC issued an announcement that the China Securities Regulatory Commission has accepted the A-share issuance application submitted by the company.
2022
2 February 24
China Securities Regulatory Commission Issuance and Review Committee announced that China National Offering Co., Ltd.'s A-shares first public offering application was approved.
3 March 30
China Securities Regulatory Commission issued another "Approval on Approval of the Initial Public Offering of China National Offer Oil Co., Ltd.", which shows that CNOOC plans to issue up to no more than 2.99 billion shares (including over-allotment), and the investment amount of funds to be raised is 35 billion yuan, and the stock will be listed on the Shanghai Stock Exchange.
Today (April 21)
CNOOC officially landed on the Shanghai Stock Exchange main board.
For the return to the A-share listing, CNOOC once stated that this will enable the company to enter the Chinese capital market through equity financing, improve the capital structure, enhance the corporate image, better meet the company's capital expenditure needs, and broaden financing channels.
profits are expected, and the "three barrels of oil" accelerate the transformation to low-carbon new energy
benefited from the high crude oil prices and the profit levels of oil companies increased significantly. Since the beginning of this year, international oil prices have remained at high fluctuations. Against the backdrop of high oil prices, the "three barrels of oil" have increased their efforts in exploration and development. In this regard, industry insiders believe that high oil prices are good for the upstream exploration and development links, so there is room for profit improvement.
Although the high oil price guarantees the profit level of the "three barrels of oil", overall, in recent years, the "three barrels of oil" have all accelerated their layout in the new energy field.
Under the "dual carbon" target, new energy business is expected to bring business growth to CNOOC. On the one hand, CNOOC continues to increase investment in the natural gas field and strengthen exploration, development and production activities of natural gas fields. On the other hand, CNOOC has established a new energy department to develop new energy business based on the best choice, accelerate the development of offshore wind power, and develop onshore wind and scenery integration projects based on the best choice.
According to the plan, during the 14th Five-Year Plan period, CNOOC plans to obtain 5 GW-10 GW of offshore wind power resources, achieve an installed capacity of 1.5 million kilowatts, and 5 GW of onshore wind and photovoltaic resources, and put into production of 500,000 kilowatts to 1 million kilowatts. is expected to reach 5%-10% of the annual capital expenditure by 2025.
Central Petroleum Chairman Dai Houliang said at the 2021 performance briefing that the company has formulated a timetable and roadmap for carbon peak and carbon neutrality, and has carried out the overall deployment in accordance with the three steps of "clean substitution, strategic succession, and green transformation", and promoted the implementation of green industry layout, and promoted the transformation of CNPC into a comprehensive energy company of oil, gas, thermal, electricity and hydrogen.
Sinopec also stated that the company has accelerated the pace of low-carbon energy transformation, actively deployed hydrogen energy, photovoltaics, charging and swapping businesses, and focused on to build a comprehensive energy service provider for "oil, gas, hydrogen, electric service".
Edit: Hu Na