Petrochina Co., Ltd. Class A · SSE:601857
Petrochina Co., Ltd. Class A — Q1 2022 Earnings Presentation
11 slides from Petrochina Co., Ltd. Class A's earnings presentation, May 2022
Slide 1: 2022 First Quarter Results Presentation
2022 First Quarter Results Presentation May 2022
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that involve risks and uncertainties. These statements are generally indicated by the use of forward-looking terminology such as “believe”, “expect”, “anticipate”, “estimate”, “plan”, “project”, “target”, “may”, “will” or other similar
Slide 3: Oil & Gas Prices
Oil & Gas Prices Crude Oil Price Domestic Average Sales Price of Natural Gas USD/bbl USD/kcf 111.7 108.7 102.2 99.5 8.4 8.5 9.2 103.7 100.4 7.9 94.8 71.7 71.0 7.6 64.2 86.3 7.5 7.5 53.6 54.7 6.9 7.0 68.3 6.8 45.1 43.2 65.6 61.0 48.4 50.6 6.6 38.0 40.3 Brent Crude Oil Spot Price Average Realized Crud
Slide 4: Financial Highlights
Financial Highlights Financial highlights for the first three months ended March 31 RMB Million Q1 2022 Q1 2021 Change Revenue 779,368 551,923 +41.2% Profit from operations 57,262 44,780 +27.9% Net profit attributable to 27,721 39,060 +40.9% owners of the Company Basic EPS* 0.21 0.15 +40.9% *Basic E
Slide 5: Exploration & Production
Exploration & Production Domestic Crude Oil Output Domestic Marketable MM bbl Natural Gas Output bcf 185.8 192.6 1,122.3 1,182.6 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Lifting Cost Operating Profit USD/bbl RMB Million 38,798 9.98 10.82 12,882 Q1 2021 Q1 2022 Q1 2021 Q1 2022 5
Slide 6: Refining & Chemicals - Refining Business
Refining & Chemicals - Refining Business Crude Processing Volume Major Refined Oil Products ‘000 tons MM bbl 单位：百万桶 Q1 2022 Q1 2021 Change Total 26,250 26,946 -2.6% 298.0 302.4 Gasoline 11,780 12,395 -5.0% Kerosene 2,201 2,842 -22.6% Diesel 12,269 11,709 +4.8% Q1 2021 Q1 2022 6
Slide 7: Refining & Chemicals - Chemical Business
Refining & Chemicals - Chemical Business Chemical Commodity Products Major Chemical Products ‘000 tons ‘000 tons Q1 2022 Q1 2021 Change Ethylene 1,959 1,609 +21.8% Synthetic resin 3,091 2,642 +17.0% 8,207 7,381 Synthetic fiber raw materials and polymers 301 316 -4.7% Synthetic rubber 293 263 +11.4%
Slide 8: Marketing
Marketing Operating Profit Domestic Sales Volume of Major Refined Oil Products RMB Million ‘000 tons Q1 2022 Q1 2021 Change Total 24,919 24,195 +3.0% 4,556 Gasoline 12,553 12,863 -2.4% 3,315 Kerosene 1,683 2,149 -21.7% Diesel 10,683 9,183 +16.3% Q1 2021 Q1 2022 8
Slide 9: Natural Gas Marketing
Natural Gas Marketing Operating Profit Domestic Sales Volume of Natural Gas RMB Million ’00 mcm 18,519 606.2 546.6 8,946 Q1 2021 Q1 2022 Q1 2021 Q1 2022 9
Slide 10: 2022 Production Targets and Completion Status
2022 Production Targets and Completion Status 2022 Target Q1 2022 Completion Oil & Gas Equivalent Output (MM boe) 1,669.7 430.9 25.8% Crude Oil Output (MM bbl) 898.6 224.9 25.0% - Domestic Crude Oil Output (MM bbl) 759.3 192.6 25.4% Marketable Natural Gas Output (bcf) 4,625.1 1,235.5 26.7% - Domesti
Slide 11: Investor Relations Media Relations
Investor Relations Media Relations Tel: (852)2899-2010 Tel: (852)2522-1838 Fax: (852)2899-2390 Fax: (852)2521-9955 Email: hko@petrochina.com.hk Email: petrochina@prchina.com.hk