PetroChina Posted Another Record Operating Results for First Nine Months in 2024
PetroChina reported strong financial results for the first nine months of 2024, with revenue reaching RMB 2.26 trillion and net profit growing 0.7% year-on-year to RMB 132.52 billion. The company's debt-to-asset ratio improved to 39.5%, a 14-year low. Oil and gas equivalent output increased 2.0% to 1.342 billion barrels, with natural gas sales up 8.6% to 209.82 billion cubic meters. The company's new energies and materials business showed significant growth, with new materials production surging 62.6%. Operating profits were notable across segments: oil, gas and new energies (RMB 144.26 billion), refining and chemicals (RMB 15.28 billion), marketing (RMB 12.90 billion), and natural gas sales (RMB 25.27 billion).
PetroChina ha riportato risultati finanziari forti per i primi nove mesi del 2024, con un fatturato che ha raggiunto 2,26 trilioni di RMB e un utile netto cresciuto dello 0,7% rispetto all'anno precedente, arrivando a 132,52 miliardi di RMB. Il rapporto debito-attivo dell'azienda è migliorato al 39,5%, il livello più basso degli ultimi 14 anni. La produzione equivalente di petrolio e gas è aumentata del 2,0%, raggiungendo 1,342 miliardi di barili, con le vendite di gas naturale che sono salite dell'8,6%, fino a 209,82 miliardi di metri cubi. Il settore delle nuove energie e dei materiali ha mostrato una crescita significativa, con la produzione di nuovi materiali in aumento del 62,6%. I profitti operativi sono stati notevoli in tutti i segmenti: petrolio, gas e nuove energie (144,26 miliardi di RMB), raffinazione e chimica (15,28 miliardi di RMB), marketing (12,90 miliardi di RMB) e vendite di gas naturale (25,27 miliardi di RMB).
PetroChina reportó resultados financieros sólidos para los primeros nueve meses de 2024, con ingresos que alcanzaron 2.26 billones de RMB y un beneficio neto que creció un 0.7% interanual, alcanzando 132.52 mil millones de RMB. La relación deuda-activos de la empresa mejoró al 39.5%, un mínimo de 14 años. La producción equivalente de petróleo y gas aumentó un 2.0%, alcanzando 1.342 mil millones de barriles, con las ventas de gas natural subiendo un 8.6% hasta 209.82 mil millones de metros cúbicos. El negocio de nuevas energías y materiales de la empresa mostró un crecimiento significativo, con una producción de nuevos materiales que se disparó un 62.6%. Los beneficios operativos fueron notables en todos los segmentos: petróleo, gas y nuevas energías (144.26 mil millones de RMB), refinación y productos químicos (15.28 mil millones de RMB), marketing (12.90 mil millones de RMB) y ventas de gas natural (25.27 mil millones de RMB).
PetroChina는 2024년 첫 9개월 동안 강력한 재무 결과를 보고했으며, 매출은 2.26 조 위안에 달하고 순익은 전년 대비 0.7% 증가하여 132.52 억 위안에 도달했습니다. 회사의 부채-자산 비율은 39.5%로 개선되어 14년 만의 최저치를 기록했습니다. 석유와 가스의 동등 생산량은 2.0% 증가하여 13.42억 배럴에 달했으며, 천연 가스 판매는 8.6% 증가하여 209.82억 입방미터에 이르렀습니다. 회사의 새로운 에너지 및 재료 사업은 새로운 재료 생산이 62.6% 급증하며 상당한 성장을 보였습니다. 운영 이익은 모든 세그먼트에서 두드러졌습니다: 석유, 가스 및 새로운 에너지(144.26억 위안), 정제 및 화학(15.28억 위안), 마케팅(12.90억 위안), 천연 가스 판매(25.27억 위안).
PetroChina a rapporté des résultats financiers solides pour les neuf premiers mois de 2024, avec un chiffre d'affaires atteignant 2,26 trillions de RMB et un bénéfice net en hausse de 0,7 % d'une année sur l'autre à 132,52 milliards de RMB. Le ratio dette/actif de l'entreprise s'est amélioré à 39,5 %, un niveau bas depuis 14 ans. La production équivalente de pétrole et de gaz a augmenté de 2,0 % pour atteindre 1,342 milliard de barils, avec des ventes de gaz naturel en hausse de 8,6 % à 209,82 milliards de mètres cubes. Le secteur des nouvelles énergies et des matériaux de l'entreprise a montré une croissance significative, avec une production de nouveaux matériaux en hausse de 62,6 %. Les bénéfices d'exploitation ont été notables dans tous les segments : pétrole, gaz et nouvelles énergies (144,26 milliards de RMB), raffinage et produits chimiques (15,28 milliards de RMB), marketing (12,90 milliards de RMB) et ventes de gaz naturel (25,27 milliards de RMB).
PetroChina meldete starke finanzielle Ergebnisse für die ersten neun Monate von 2024, mit einem Umsatz von 2,26 Billionen RMB und einem Nettogewinn, der im Jahresvergleich um 0,7 % auf 132,52 Milliarden RMB wuchs. Das Schulden-zu-Vermögens-Verhältnis des Unternehmens verbesserte sich auf 39,5 %, den niedrigsten Wert seit 14 Jahren. Die äquivalente Produktion von Öl und Gas stieg um 2,0 % auf 1,342 Milliarden Barrel, während die Verkäufe von Erdgas um 8,6 % auf 209,82 Milliarden Kubikmeter zunahmen. Das Geschäft mit neuen Energien und Materialien des Unternehmens verzeichnete ein signifikantes Wachstum, wobei die Produktion neuer Materialien um 62,6 % anstieg. Der operative Gewinn war in allen Segementen bemerkenswert: Öl, Gas und neue Energien (144,26 Milliarden RMB), Raffinerie und Chemie (15,28 Milliarden RMB), Marketing (12,90 Milliarden RMB) und Erdgasverkäufe (25,27 Milliarden RMB).
- Net profit increased 0.7% YoY to RMB 132.52 billion
- Debt-to-asset ratio improved by 1.3 percentage points to 39.5%
- Oil and gas equivalent output grew 2.0% YoY
- Natural gas sales increased 8.6% YoY
- New materials production surged 62.6% YoY
- Natural gas sales operating profit up 29.7% YoY
- None.
BEIJING, CHINA / ACCESSWIRE / October 29, 2024 / PetroChina Company Limited ["PetroChina" or the "Company", (HKSE:00857)(SSE:601857)] announced its operating results for the first three quarters of 2024. The Company deepened its analysis of the macro-environment and proactively responded to market changes. It made coordinated efforts to enhance production, operation, operational quality and profitability, drove reform and innovation, green transition, and safety and environmental protection. While operation of the core oil and gas businesses remained safe, steady and profitable, emerging businesses such as new energies and new materials expanded rapidly. The Company's operating results for the first three quarters sustained growth momentum and hit another record high. In accordance with IFRS, the Company recorded revenue of RMB 2.26 trillion in the first three quarters of 2024. Net profit attributable to owners of the Company grew by
Results Review
Steady growth in oil and gas output along with rapid expansion of new energies business. The Company remained committed to efficient exploration and development, vigorously promoted oil and gas exploration and development, and boosted oil and gas reserves and output. For overseas business, the Company stepped up efforts in acquiring new projects and successfully signed the production sharing contracts for Suriname shallow-water Blocks 14 and 15. The Company accelerated the integrated development of oil, gas and new energies, pushed for the construction of large-scale new energies bases, and advanced the development of wind, solar, geothermal and hydrogen energy and CCUS operations. In the first three quarters of 2024, the Company's oil and gas equivalent output grew by
Continuous efforts in driving transformation and upgrading of refining and chemical business, with steady progress in key projects development. Adhering to market-oriented approach, the Company continued to drive the transformation and upgrading of refining and chemical business, further optimized the product mix and dynamically adjusted diesel-to-gasoline ratio. It maintained high utilization rates and efficient operation of aromatics and other chemicals facilities, strengthened new product development, and increased production and sales of high-profitability chemical products and new materials. In the first three quarters of 2024, the Company processed a total of 1.036 billion barrels of crude oil. The output of refined products reached 89.909 million tons. The production of chemical commodity products expanded by
Proactive market analysis to ensure stable operation of the industrial chain. The Company proactively responded to changes in refined oil market demand, strengthened its logistics coordination and optimized the production and marketing integration. With flexible and precise marketing strategies, the Company maintained stable operation of the entire industrial chain through measures to improve the quality of customer service, vigorously promote refueling gun business, endeavor to expand sales while reducing inventories, enhance its market share, better coordinate the development of domestic and international markets and actively develop overseas high-end markets. The Company also organized non-fuel product marketing campaigns, advanced its private-label product development, and continuously improved the profitability of non-fuel businesses. In the first three quarters of 2024, the Company sold a total of 119.886 million tons of gasoline, kerosene and diesel, with a total of 89.596 million tons of refined oil products sold domestically. The marketing business realized an operating profit of RMB 12.90 billion.
Persistent optimization in resource pool structure and enhanced natural gas marketing capacity. The Company continuously optimized its resource pools structure and effectively reduced the overall procurement costs. Through strengthened marketing efforts and marketing strategies, the Company made relentless efforts to promote online sales and cost pass-through pricing mechanisms to expand end-user markets, optimized market layout, customer structure and sales channels so as to increase the sales volume and profitability of natural gas sales business. In the first three quarters of 2024,the Company's natural gas sales reached 209.82 billion cubic meters, up
Outlook
In the fourth quarter of 2024, the Company will continue to leverage the strengths of its integrated industrial chain, make persistent efforts to enhance business quality and profitability, promote reform and innovation, so as to ensure the fulfillment of its annual production and operational targets, striving to create greater value for all shareholders and society.
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Additional information on PetroChina is available at the Company's website: http://www.petrochina.com.cn
Issued by PetroChina Company Limited
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PetroChina Company Limited
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SOURCE: PetroChina
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