PetroChina's 2025 net profit falls 4.5% on lower oil prices

PetroChina's 2025 annual net profit fell 4.5% year-on-year from a 2024 record, as lower oil prices weighed on earnings. The result highlights commodity-price pressure on Asia's largest oil and gas producer and is likely to modestly affect the company's stock and sector earnings outlook.

Analysis

PetroChina's 2025 annual net profit fell 4.5% year-on-year from a 2024 record, as lower oil prices weighed on earnings. The result highlights commodity-price pressure on Asia's largest oil and gas producer and is likely to modestly affect the company's stock and sector earnings outlook.