News
02883
9.190
+0.99%
0.090
Weekly Report: what happened at China Oilfield Services last week (0408-0412)?
Weekly Report · 5d ago
Weekly Report: what happened at China Oilfield Services last week (0401-0405)?
Weekly Report · 04/07 22:00
BREAKINGVIEWS-An $8 bln merger wrings out oilfields’ last drops
Oilfield services company SLB's $8 billion all-share purchase of smaller rival ChampionX CHX.O is a smart way to hold ground. Robert Cyran says the oil industry is facing a gloomy outlook. He says the companies anticipate $400 million of boosted profit from the deal. The oil industry still has more black gold to extract, he says.
Reuters · 04/02 17:21
Weekly Report: what happened at China Oilfield Services last week (0325-0329)?
Weekly Report · 03/31 22:00
After Leaping 31% China Oilfield Services Limited (HKG:2883) Shares Are Not Flying Under The Radar
China Oilfield Services Limited (HKG:2883) shares have gained 31% in the last month. The company has a price-to-earnings ratio of 13.2x. Its P/E is higher than the majority of companies in Hong Kong, but the company has been performing well recently. It is expected to grow earnings by 23% over the next three years.
Simply Wall St · 03/29 23:51
China Oilfield Services Limited's (HKG:2883) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
China Oilfield Services's (HKG:2883) 7.8% ROE is similar to the industry average of 7.2%. The company has posted impressive earnings growth of 5.2% over the past five years. China Oilfield services has a return on equity of  7.8%. This is a measure of how much a company can earn for each dollar of invested capital. The company's ROE includes the net profit and earnings growth. China oilfield services increased by 23% to  HKG 2883.
Simply Wall St · 03/28 02:39
Weekly Report: what happened at China Oilfield Services last week (0318-0322)?
Weekly Report · 03/24 22:00
Weekly Report: what happened at China Oilfield Services last week (0311-0315)?
Weekly Report · 03/17 22:00
Weekly Report: what happened at China Oilfield Services last week (0304-0308)?
Weekly Report · 03/10 22:00
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
China Oilfield Services Limited (HKG:2883) does use debt in its business. The company has CN¥22.0b of debt, but its debt to EBITDA ratio of 1.6 is reasonable. Debt is an important factor in assessing a company's ability to handle its debt. China Oilfield services grew its EBIT by 20% last year. It has more free cash flow than its debt load and has a strong balance sheet.
Simply Wall St · 03/08 22:52
Weekly Report: what happened at China Oilfield Services last week (0226-0301)?
Weekly Report · 03/03 22:00
Weekly Report: what happened at China Oilfield Services last week (0219-0223)?
Weekly Report · 02/25 22:00
US oilfield job losses could swell as natural gas prices plunge
Some 4,680 oilfield jobs have been lost since December. Natural gas firms have warned they are dropping rigs and frack crews as gas prices plunge. U.S. Gas futures slumped to a 3-1/2-year low this week. US oilfield job losses could swell as gas producers respond to sliding prices.
Reuters · 02/22 17:59
Returns At China Oilfield Services (HKG:2883) Are On The Way Up
China Oilfield Services' (HKG:2883) return on capital employed has grown 644% in the last five years. The company has a 6.6% Return on Capital Employed (ROCE) China Oilfield services has an ROCE of six.6%. This is around the 7.9% average for the Energy Services industry. The growth in the company's ROCe is encouraging, but it's not enough to say the stock is cheap.
Simply Wall St · 02/19 23:34
Weekly Report: what happened at China Oilfield Services last week (0212-0216)?
Weekly Report · 02/18 22:00
Weekly Report: what happened at China Oilfield Services last week (0205-0209)?
Weekly Report · 02/11 22:00
Weekly Report: what happened at China Oilfield Services last week (0129-0202)?
Weekly Report · 02/04 22:00
While shareholders of China Oilfield Services (HKG:2883) are in the red over the last three years, underlying earnings have actually grown
The China Oilfield Services Limited (HKG:2883) is down 24% over three years. The total shareholder return is -18% once you include the dividend. Over the last year the share price fell 22%. The share price is down 20% in the last three months. The company's revenue has actually grown at a 15% annual rate over the last 3 years. It could be worth looking at the fundamentals of the company to see if the sell-off is an opportunity.
Simply Wall St · 01/30 23:04
Weekly Report: what happened at China Oilfield Services last week (0122-0126)?
Weekly Report · 01/28 22:00
Weekly Report: what happened at China Oilfield Services last week (0115-0119)?
Weekly Report · 01/21 22:00
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About 02883
China Oilfield Services Limited is a comprehensive oilfield service provider. The Company mainly operates through four business segments. The Drilling Services segment is mainly engaged in the provision of oilfield drilling services. The Oil Field Technical Services segment is mainly engaged in the provision of oilfield technical services, including the logging, drilling fluids and directional drilling services. The Geophysical and Engineering Exploration Services segment is mainly engaged in the provision of seismic prospecting and engineering exploration services. The Marine Support Services segment is engaged in the transportation of supplies, including the delivery of crude oil, as well as refined oil and gas products. The Company mainly operates its businesses in domestic and overseas markets.