CNOOC Limited (HKG:0883)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 965.18B |
| Revenue (ttm) | 439.78B |
| Net Income (ttm) | 139.97B |
| Shares Out | 47.53B |
| EPS (ttm) | 2.94 |
| PE Ratio | 6.74 |
| Forward PE | 6.69 |
| Dividend | 1.40 (7.05%) |
| Ex-Dividend Date | Sep 11, 2025 |
| Volume | 48,492,813 |
| Average Volume | 85,817,037 |
| Open | 19.80 |
| Previous Close | 19.79 |
| Day's Range | 19.77 - 20.04 |
| 52-Week Range | 15.50 - 22.25 |
| Beta | 0.50 |
| RSI | 64.21 |
| Earnings Date | Aug 28, 2025 |
About CNOOC
CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the People’s Republic of China, Canada, and internationally. The company produces offshore crude oil and natural gas primarily in Bohai, the Western South China Sea, the Eastern South China Sea, and the East China Sea in offshore China. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. In addition, the company is involved in the sales a... [Read more]
Financial Performance
In 2024, CNOOC's revenue was 420.51 billion, an increase of 0.94% compared to the previous year's 416.61 billion. Earnings were 137.94 billion, an increase of 11.38%.
Financial numbers in CNY Financial StatementsNews
CNOOC Starts Up Another Oil Project in South China Sea
CNOOC Limited has launched oil production at the Wenchang 16-2 Oilfield Development Project in the northern part of the South China Sea, Chinas top offshore oil and gas producer said on Thursday. CNOO...
Lower Oil Prices Dent CNOOC Earnings Despite Record Output
CNOOC Ltd, Chinas top offshore crude oil and natural gas producer, booked a 13% drop in first-half earnings as record-high domestic and overseas oil and gas production couldnt offset the decline in oi...
CNOOC subsidiaries signed PSCs for exploration blocks in Indonesia
CNOOC Starts Heavy Crude Production at Chinas Largest Shallow Oil Field
CNOOC Ltd, Chinas top offshore crude oil and natural gas producer, has launched production of heavy crude from its Kenli 10-2 Oilfields Development Project, which is the largest shallow lithological o...
Guyana oil block fight: Chevron clears $53 billion Hess deal after Paris arbitration, gains entry into Exxon-led Guyana field
Chevron has finalized its $53 billion acquisition of Hess Corp, gaining a significant stake in Guyana's lucrative Stabroek Block after an International Chamber of Commerce ruling. This acquisition, wh...
Chevron Closes $53B Purchase of Hess After Arbiter Ends Exxon Effort to Block It
Chevron completed its $53 billion purchase of Hess after winning an arbitration case brought by rival Exxon Mobil and the China National Offshore Oil Corporation.
Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling
In a pivotal moment for the energy sector, Chevron Corporation ‘s (NYSE: CVX) has won a dispute with Exxon Mobil Corporation (NYSE: XOM) over Hess Corp’s (NYSE: HESS) offshore oil assets in Guyana....
Chevron-Hess Arbitration Nears Verdict As Analyst Sees Limited Downside, Big Upside Potential
After nearly two years of uncertainty and legal wrangling, a resolution may be imminent in Chevron Corporation’s (NYSE: CVX) highly anticipated acquisition of Hess Corporation (NYSE: HES). Media rep...
Vallourec secures over $130M in OCTG contracts with CNOOC and PetroChina in Iraq
China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply
China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project in the South China Sea, boosting domestic output by 4.5 billion cubic mete...
Guyana Prepares First Export Cargo from New Offshore Platform
Guyana's offshore oil industry is set to take a major leap forward as the One Guyana floating production, storage, and offloading (FPSO) vessel readies its first export cargo. According to Reuters, th...
U.S. Oil Giants Fight Over Guyanas 11-Billion Barrel Treasure Trove
This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the worlds most lucrative oil projects. Guyanas...
$53 Billion Guyana Oil Clash Heads to London Tribunal
A high-stakes arbitration kicks off Monday in London that could make or break Chevrons $53 billion bid to acquire Hess Corpand with it, a coveted 30% stake in Guyanas booming Stabroek Block. ExxonMobi...
Lower Oil Prices Drag Chinas CNOOC Profit Down Despite Higher Output
Chinese state-held oil and gas giant CNOOC booked lower net profit for the first quarter of 2025 as lower oil prices more than offset increased production. CNOOC, which specializes in offshore oil and...
Cnooc Profit Drops as Lower Oil Prices Outweigh Increased Output
Cnooc Ltd., China’s biggest offshore driller of crude oil, saw profits fall in the first quarter after a drop in global prices.
Guyanas March Oil Production Sags, Time To Worry?
Guyanas oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from Februarys 648,000 bpd, a new report from Reuters shows. That puts first-quarter production at a still-robust 631,0...
China Oilfield Services: An Emerging Leader In The Global Offshore Oilfield Services
China Oilfield Services combines global diversification, CNOOC affiliation, and strong fundamentals with a 4.1% yield. Find out why CHOLF stock is a buy.
Unconventional Resources Fuel China's Energy Growth
In a world where geopolitics and energy security are increasingly intertwined, China's national oil companies have emerged as pivotal actors in securing the nations energy future while shaping global ...
Britains Ineos Acquires CNOOCs Gulf of Mexico Assets
Chinese state-owned oil giant CNOOC Ltd., which stands for China National Offshore Oil Corporation, has followed through on an earlier announced sale of its Gulf of Mexico assets to Britains Ineos Ene...
Chinas Oil Giants Bet on Natural Gas as Fuel Demand Peaks
Chinas biggest state-held energy firms are following the demand trends in the worlds top crude oil and natural gas importer. After decades of growth, Chinese demand for transport fuels is peaking as e...
ICYMI - China will raise the retail prices of gasoline and diesel from today
China will increase retail prices of gasoline and diesel starting Thursday, following recent rises in international crude oil prices, according to the National Development and Reform Commission (NDRC)...
CNOOC Limited (CEOHF) Q4 2024 Earnings Call Transcript
China says that it has discovered a major oilfield in the eastern South China Sea
China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield in the eastern South China Sea proven reserves exceeding 100 million tonnes newly discovered...
CNOOC Profit Jumps by 11% on Record Oil and Gas Production
Chinese state-owned oil and gas giant CNOOC reported on Thursday an 11.4% rise in net profit for 2024, as record oil and gas production offset weaker energy commodity prices. CNOOC, which specializes ...