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CNOOC Petroleum Guyana – Profit/Deficit Analysis 2019-2024
Annual Profit/Deficit Trend (Billions GYD)
Cumulative Performance Overview
📈 Key Performance Highlights
- Dramatic turnaround: From -20.9B deficit (2019) to 1.07T profit (2024)
- Break-even achieved: In 2021 with 49.5B GYD profit
- Exponential growth: 2,070% increase from 2021-2024
- Consistent profitability: 4 consecutive profitable years
- Total transformation: 5,250% financial improvement overall
📊 Year-over-Year Growth Metrics
- 2020-2021: 456% improvement (deficit elimination + profit)
- 2021-2022: 567% profit growth year-over-year
- 2022-2023: 89% profit growth year-over-year
- 2023-2024: 72% profit growth year-over-year
- Average annual growth: 185% since turnaround
