CNOOC Limited (HKG:0883)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
19.28
+0.16 (0.84%)
Sep 29, 2025, 4:08 PM HKT
0.84%
Market Cap944.82B
Revenue (ttm)439.78B
Net Income (ttm)139.97B
Shares Out47.53B
EPS (ttm)2.94
PE Ratio6.57
Forward PE6.47
Dividend1.40 (7.32%)
Ex-Dividend DateSep 11, 2025
Volume55,804,995
Average Volume64,323,402
Open19.19
Previous Close19.12
Day's Range19.13 - 19.30
52-Week Range15.50 - 22.25
Beta0.50
RSI50.64
Earnings DateOct 24, 2025

About CNOOC

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide. It 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. The company also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. In addition, it is involved in the sales and trading of petroleum and natural gas; oil sands explorat... [Read more]

Sector Energy
Founded 1999
Employees 22,181
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0883
Full Company Profile

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 Statements

News

Guyana found huge oil reserves 10 years ago, so why are most people still poor?

With a ‘one-sided’ deal handing vast profits to the world’s top oil firms, many Guyanese ask when the energy bonanza will benefit them On 18 July, the International Chamber of Commerce approved the at...

12 days ago - The Guardian

U.S. Jets Deployed to Guyana as Oil Boom Raises Caribbean Stakes

The U.S. has deployed fighter jets to Guyana, drawing its military footprint into the worlds fastest-growing offshore oil province as tensions with neighboring Venezuela escalate, as Washington adjust...

19 days ago - OilPrice com

Hong Kong is ideal place for companies to set up captive insurers: CNOOC, HSBC

Hong Kong is an ideal place for mainland and international companies to set up captive insurers to manage risks related to their Belt and Road Initiative projects, speakers on a panel said at the Belt...

19 days ago - South China Morning Post

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...

25 days ago - OilPrice com

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...

4 weeks ago - OilPrice com

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...

2 months ago - OilPrice com

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...

2 months ago - The Times of India

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.

2 months ago - Investopedia

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....

2 months ago - Benzinga

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...

2 months ago - Benzinga

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...

3 months ago - OilPrice com

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...

3 months ago - OilPrice com

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...

4 months ago - OilPrice com

$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...

4 months ago - OilPrice com

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...

5 months ago - OilPrice com

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.

5 months ago - Financial Post

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...

5 months ago - OilPrice com

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.

5 months ago - Seeking Alpha

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 ...

6 months ago - OilPrice com

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...

6 months ago - OilPrice com

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...

6 months ago - OilPrice com

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)...

6 months ago - Forexlive