CNOOC Limited (HKG:0883)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
16.76
+0.02 (0.12%)
Apr 30, 2025, 4:08 PM HKT
-15.18%
Market Cap 826.27B
Revenue (ttm) 445.91B
Net Income (ttm) 144.51B
Shares Out 47.53B
EPS (ttm) 3.03
PE Ratio 5.52
Forward PE 5.68
Dividend 1.40 (8.36%)
Ex-Dividend Date n/a
Volume 89,803,753
Average Volume 132,957,246
Open 16.62
Previous Close 16.74
Day's Range 16.56 - 16.76
52-Week Range 15.50 - 23.90
Beta 0.49
RSI 43.11
Earnings Date Apr 29, 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]

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

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...

1 day 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.

1 day 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...

6 days 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.

9 days 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 ...

20 days 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...

26 days 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...

27 days 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)...

4 weeks ago - Forexlive

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...

4 weeks ago - Forexlive

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 ...

4 weeks ago - OilPrice com

Cnooc Profit Rises on Increased Oil and Gas Drilling Output

Cnooc Ltd. posted higher annual earnings, as growth in energy output offset weaker prices.

4 weeks ago - Financial Post

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...

7 weeks ago - OilPrice com

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...

2 months ago - OilPrice com

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...

3 months ago - OilPrice com

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...

3 months ago - OilPrice com

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...

4 months ago - OilPrice com

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...

4 months ago - BNN Bloomberg

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...

4 months ago - OilPrice com

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...

5 months ago - OilPrice com

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...

5 months ago - OilPrice com

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...

5 months ago - OilPrice com

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...

5 months ago - OilPrice com