The "three barrels of oil" earned nearly 1.1 billion yuan in the first half of the year.

On August 28, Sinopec released the 2022 midterm performance report. In the first half of the year, the company realized operating income of 1.61 trillion yuan, an increase of 27.9%year -on -year; the net profit attributable to shareholders of the parent company was 43.53 billion yuan, an increase of 10.4%year -on -year. The best period of profit is the best.

At this point, "three barrels of oil" (Sinopec, PetroChina, China Oil) have all released the first half of the performance report after gathered A shares. In the context of high oil prices, the "three barrels of oil" made a lot of money in the first half of the year. Specifically, PetroChina realized the net profit attributable to shareholders of the parent company in the first half of the year, a net profit of 82.391 billion yuan, an increase of 55.3%over the same period last year; the net profit attributable to the mother in the first half of the year was 71.89 billion yuan, an increase of 115.7%year -on -year. "Three barrels of oil" made about 1.09 billion yuan in the first half of the year.

Benefiting from the opportunity of oil and gas high prosperity, in the first half of the year, "three barrels of oil" have strengthened exploration and development. In the first half of the year, Sinopec achieved the amount of oil and gas volume production of 34.04 million tons, an increase of 2.9%year -on -year. Among them, the domestic crude oil output was 17.55 million tons, an increase of 0.8%year -on -year; natural gas output was 17.4 billion cubic meters, a year -on -year increase of 5.4%. The company's exploration and development division realized operating income of 26.3 billion yuan, an increase of 201 billion yuan year -on -year, an increase of 322.0%.

PetroChina achieved a crude oil output of 451.9 million barrels in the first half of the year, an increase of 2.0%over the same period last year; the sales of natural gas output was 235.82 billion cubic feet, an increase of 4.4%over the same period last year; Increasing 3.1%. The company's exploration and production division realized operating profit of 82.455 billion yuan, an increase of 167.1%over the same period last year.

The main business of China's sea oil only includes upstream exploration and development business. The company's net profit was RMB 71.89 billion in net profit in the first half of the year, an increase of 115.7%year -on -year. In the first half of the year, the net oil and gas output was about 304.8 million barrels of oil, an increase of 9.6%year -on -year.

In terms of refining and chemical business, due to factors such as rising international oil prices, increased raw materials costs, and weak demand for refined oil, the profits of China Petroleum and Sinopec's related business sectors were affected. The Petroleum of Petroleum achieved operating profit of 24.061 billion yuan, an increase of 8.5%over the same period last year; Sinopec's business sector realized operating income of 29.8 billion yuan, a year -on -year decrease of 9.6 billion yuan, a decrease of 24.4%from the same period last year.

In addition, both PetroChina and Sinopec have increased the layout of non -oil business. In the first half of the year, China Petroleum had 73 new gas stations and 120 newly -launched gas stations. At the same time, accelerated the integration of new energy stations such as gas and photovoltaic, charging, and hydrogen energy. 185 charging and replacement stations and 152 photovoltaic stations.

Sinopec strengthened the creation of production and sales associations, strengthened its own brand commodity construction, enhanced the quality and efficiency of non -oil business operations, and actively transformed into a comprehensive energy service provider of "oil and gas and hydrogen electrical uniforms". In the first half of the year, the company's non -oil business revenue was 19.3 billion yuan, an increase of 1.3 billion yuan; non -oil business profit was 2.6 billion yuan, an increase of 300 million yuan year -on -year.

It is worth noting that on the same day, Sinopec also released a share repurchase plan. The company intends to use its own funds of not less than 1.25 billion yuan and not more than 2.5 billion yuan to repurchase shares by centralized bidding transactions. The repurchase shares will be canceled and reducing registered capital. At present, the board of directors has approved the share repurchase plan to consider the A -share and H shares repurchase at the right time.

Reporter Xiang Yantao

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