中石化(00386.HK):今年全年资本开支减10% 有能力保持稳定分红水平
中石化(00386.HK)董事长张玉卓在中期业绩电话会议上表示,受疫情等因素影响,今年上半年初国际油价大幅下跌,至第二季才缓慢回升。他称要预测未来油价走势非常困难,因影响油价因素非常多,包括宏观经济走向、地缘政治、油组政策、页岩油产量、美元强弱及黑天鹅事件等。而目前最重要的两个影响因素为需求及供给,认为现时市场处需求不旺及供给过盛情况。根据11间投行对国际油价的预测,大多数估计今年布兰特油价处每桶40至45美元,甚至更偏低水平,而明年则料约为每桶50美元。
公司上半年业绩盈转亏,蚀217.3亿元人民币,宣派特别息每股7分人民币,张玉卓指公司一直重视派息的连续性及可持续性,相信公司派息率与H股上市企业相比仍属较高及於前列水平。在有信心今年全年可实现更好经营业绩下,认为公司有能力保持稳定分红水平,将股东利益最大化。
总裁马永生则提到,公司今年全年计划减少资本开支10%,削减包括在对经营无大影响的维护、低效投资,及市场出现重大变化的主要项目等方面。另外,他称今年上半年国内天然气需求不旺,公司天然气产量按年升0.6%至5,124亿立方英尺,下半年会加大天然气增产,预期全年天然气产量按年增加4.3%,未来三年常规及非常规天然气产量亦会继续上升。
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