PetroChina Sees Revenue and Profit Decline: A Closer Look at the Factors

PetroChina, a major player in global energy, has reported its first revenue and net profit decline in five years during the 2025 half-year results conference. This downturn was primarily attributed to lower oil prices, marking a significant change in its financial performance. The company’s shares fell by 1.6% following the announcement, indicating investor concerns about the impact of fluctuating fuel prices on PetroChina’s stock. Notably, PetroChina maintained a mid-term dividend payout, even with declining revenue, totaling CNY 40.26 billion. The market reaction to this news suggests wider market challenges and volatility in the energy sector.