CNOOC Limited (HKG:0883)
Market Cap | 932.02B |
Revenue (ttm) | 447.49B |
Net Income (ttm) | 146.79B |
Shares Out | 47.53B |
EPS (ttm) | 3.09 |
PE Ratio | 6.16 |
Forward PE | 6.10 |
Dividend | 1.40 (7.36%) |
Ex-Dividend Date | n/a |
Volume | 28,902,474 |
Average Volume | 81,646,872 |
Open | 19.10 |
Previous Close | 19.02 |
Day's Range | 18.86 - 19.12 |
52-Week Range | 16.70 - 23.90 |
Beta | 0.71 |
RSI | 63.62 |
Earnings Date | Mar 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 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 ...
China's CNOOC reports double-digit rise in 2024 profit as production jumps
Cnooc Profit Rises on Increased Oil and Gas Drilling Output
Cnooc Ltd. posted higher annual earnings, as growth in energy output offset weaker prices.

Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project
ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projec...

Chinese CNOOC to Launch $2.7-Billion Upgraded Refinery Complex
State-controlled China National Offshore Oil Company (CNOOC) is set to launch a refinery and petrochemicals complex later this year, following a $2.74-billion upgrade, Reuters reported on Tuesday, quo...

Chinas CNOOC Lowers Output Growth Target as It Keeps 2025 Capex Flat
Chinese state-held oil and gas giant CNOOC is keeping its capital expenditure flat this year compared to 2024 as it lowered its oil and gas production growth target, although it still expects annual o...
Shell, Cnooc joint venture to expand China petrochemical complex

U.S. Sanctions on Chinas Oil Firms Are Just the Beginning Under Trump
Among the swathe of Chinese entities last week placed by the U.S. Department of Defense (DOD) on a blacklist of firms believed to be supporting Beijings military were several from its energy sector. M...

Guyanas Crude Oil Exports Surged by 54% in 2024
Strong European demand for Guyanas crude pushed the oil exports of the South American country soaring by 54% last year, with Europe accounting for the majority of shipments, Reuters reported on Wednes...

China Oil Major and Top Shipping Line Blacklisted by Washington
Chinese oil major Cnooc Ltd. and Cosco Shipping Holdings Co., the country’s biggest marine transport line, have been blacklisted by the US government for alleged links with the People’s Liberation Arm...

CNOOC Launches Joint Development Project in South China Sea
CNOOC Limited has brought three Panyu oilfields online in the South China Sea, marking a significant step in its strategic development. The project integrates the Panyu 11-12, 10-1, and 10-2 oilfields...

Indias PM Modi Says Guyana Crude Is Key For Indias Energy Security
Two weeks ago, U.S. oil and gas giant, Exxon Mobil Corp. (NYSE:XOM) announced it had reached 500M barrels of oil produced from Guyana's offshore Stabroek block, just five years after it kicked off pro...

Guyana Eyes Gas Boom, But Can It Deliver?
In just a few short years, Guyana has become a factor to reckon with in global oil. The country is on track to hit the 1-million-bpd mark before this decade is over. It would only make sense that it w...

Exxon, Hess, and CNOOC Schedule Oil Output Boost in Guyana
Exxon, Hess, and CNOOC plan to add a fourth production vessel to the ones already operating in the Stabroek Block offshore Guyana, Hess Corp.s CEO has said, as quoted by Reuters. The floating producti...

Exxon Hits 500 Million-Barrel Oil Milestone In Guyana
U.S. oil and gas giant, Exxon Mobil Corp. (NYSE:XOM) announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block, just five years after it kicked off produ...
China's CNOOC to develop Iraq's oil and gas block 7
The first stage of the exploration period will run for 3 years
CNOOC Limited reports Q3 results
Cnooc Profit Rises as Expanded Output Offsets Weaker Demand
Cnooc Ltd. posted a rise in third-quarter profit after the company offset lower crude oil prices with increased output.

Cnooc’s Profit Rises as Expanded Output Offsets Weaker Demand
Cnooc Ltd. posted a rise in third-quarter profit after the company offset lower crude oil prices with increased output.

Analyst Questions 'What Could Hess Be Worth?' As Chevron Advances In Acquisition Efforts
Hess Corporation (NYSE: HES) and Chevron Corporation (NYSE: CVX) shares are trading higher on Tuesday. On Monday, the Federal Trade Commission (FTC) completed an antitrust review of the merger of bo...

John Hess Blocked From Joining Chevron Board As Part Of FTC Deal For Antitrust Approval Of $53B Chevron-Hess Merger: Report
Antitrust regulators are set to prevent Hess Corp. (NYSE: HES) CEO John Hess from joining the board of Chevron Corp. (NYSE: CVX) as part of a $53-billion merger deal. What Happened : Chevron has ten...

China Issues New Fuel Export Quotas for Q4
China has issued fuel export quotas of 9 million tons for the final quarter of the year, Reuters has reported, citing two local commodity consultancies. The bulk of the quotas comprise clean refined f...

TotalEnergies Extends LNG Deal With CNOOC
TotalEnergies SE (NYSE: TTE) extended its sales and purchase agreement (SPA) with CNOOC by an additional five years. Under the agreement, the company will continue delivering 1.25 million tons of liq...