Yantai Jereh Oilfield Services Group (002353): Domestic PetroChina tenders continue to be awarded, and now is the right time for equipment exports to the Middle East.
The potential for conventional Oil & Gas extraction is declining, and Shale Oil & Gas is becoming the main source for future reserves and production. Domestic oil production mainly relies on a few large oil fields, such as Shengli Oil Field and Daqing Oil Field, with extraction costs reaching as high as 50-60 dollars per barrel, especially in recent years in the eastern regions.
Express News | Yantai Jereh Oilfield Services Group: the Middle East is a key global strategy market for the company and has secured multiple key project orders.
Yantai Jereh Oilfield Services Group (002353): Obtained another large order in the Middle East market, with great potential in the global market.
Event: The company issues a voluntary announcement regarding the full subsidiary's receipt of the project award letter, stating that the company has received the project award letter for the wellsite digital transformation EPC project from the onshore company of the Abu Dhabi National Oil Company in the United Arab Emirates. Company's comment: The company has long
yantai jereh oilfield services group (002353): Once again won a substantial order for EPC business in the Middle East, bullish on the leading oilfield service company going global
Based on the company's recent announcement, yantai jereh oilfield services group's wholly-owned subsidiary Jereh Oil & Gas Engineering Corporation - Abu Dhabi (Jereh Oil & Gas Engineering
Yantai Jereh Oilfield Services Group Gets EPC Contract to Upgrade Wells in UAE
Express News | Oil & gas stocks surged, xinjiang beiken energy engineering hit the daily limit.
Yantai Jereh Oilfield Services Group (002353): Layout of EPC business in the Middle East enters a fruitful period. Low valuation and high certainty make overseas outfits a high-quality symbol.
Event: The company disclosed a voluntary announcement regarding its wholly-owned subsidiary receiving a project bid letter. Key investment points include the project bid in commemoration of the 40th anniversary of China-Africa diplomatic relations, with an estimated amount reaching 6.6 billion yuan. On November 5th, the company received.
Yantai Jereh Oilfield Services Group (002353.SZ) received the ADNOC Onshore project award letter, with a total estimated amount of 0.92 billion US dollars.
Yantai Jereh Oilfield Services Group (002353.SZ) announced that its wholly-owned subsidiary Jereh Oil ...
Express News | yantai jereh oilfield services group: Subsidiary receives a $0.92 billion project award letter.
Yantai Jereh Oilfield Services Group (002353): Industrial synergy advantages highlighted, another large EPC contract won in the Middle East
Event: On November 5th, at the Abu Dhabi International Petroleum Exhibition (ADIPEC), Jereh Group's wholly-owned subsidiary, Jereh Oil & Gas Engineering Co., Ltd. (referred to as "Jereh Oil & Gas Engineering Group"), received onshore contracts from the Abu Dhabi National Oil Company.
Express News | The latest research route map of institutions has been released, with Shenzhen Mindray Bio-Medical Electronics receiving the most attention.
Yantai Jereh Oilfield Services Group (002353): Officially signed the MDOC project contract, continuously breaking through the Middle East market.
Event: On October 31st, the company officially signed a development and production contract with Petro Iraq for the Mansuriyah project with the Iraq Central Oil Company (MdOC). The content of this contract is the same as before.
Express News | Yantai Jereh Oilfield Services Group: signed a 25-year contract for the Mansuriya project in Iraq
yantai jereh oilfield services group (002353): Exchange losses affect profit release. Overseas business maintains rapid development.
In the first three quarters of 2024, the company's revenue showed a certain decline compared to the relatively high base number on a year-on-year basis, but the profit increased due to the rise in the proportion of high gross margin business and overseas income, thereby driving the company's profitability.
Yantai Jereh Oilfield Services Group (002353): Significant increase in contract liabilities, continuously bullish on the company's development.
In Q3 of 2024, the company's operation is stable. The company announced its third-quarter report for 2024, achieving a revenue of 3.09 billion yuan, a decrease of 7.38% year-on-year; achieving a net income attributable to the company's shareholders of 0.51 billion yuan, same.
Yantai Jereh Oilfield Services Group (002353): Q3 performance slightly decreased, with ample orders in hand, deepening the expansion of overseas markets.
Event: The company released the third quarter report of 2024, with net income attributable to the parent slightly lower than expected. Revenue for the first three quarters of 2024 was 8.047 billion yuan, -8.10% year-on-year; net income attributable to the parent was 1.598 billion yuan, +2.21% year-on-year.
Express News | Social security funds added positions at a low level in the third quarter, with the holding market value increasing by 2.878 billion yuan.
Yantai Jereh Oilfield Services Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Yantai Jereh Oilfield Services Group (002353): Continuing to expand overseas markets, bullish on the increasing volume of North American electric drive fracturing.
1-3Q24 performance meets our expectations. The company announced the 1-3Q24 performance: revenue of 8.047 billion yuan for the first three quarters of 2024, -8.10% year-on-year, with a quarterly revenue of 3.09 billion yuan, -7% year-on-year.
Yantai Jereh Oilfield Services Group (002353): The performance in the third quarter report is stable, bullish on the gradual realization of the company's long and short-term logic.
The company released the third quarter report for the 24th year, with a strong performance! Q1-3 24: The company achieved revenue of 8.047 billion yuan, -8.1% year-on-year, net income attributable to shareholders of 1.598 billion yuan, +2.21% year-on-year, net of non-recurring gains and losses.