CNOOC Limited (HKG:0883)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 798.73B |
| Revenue (ttm) | 445.91B |
| Net Income (ttm) | 144.51B |
| Shares Out | 47.53B |
| EPS (ttm) | 3.03 |
| PE Ratio | 5.84 |
| Forward PE | 5.76 |
| Dividend | 1.28 (7.90%) |
| Ex-Dividend Date | Jun 12, 2025 |
| Volume | 30,232,880 |
| Average Volume | 108,032,008 |
| Open | 17.78 |
| Previous Close | 17.72 |
| Day's Range | 17.78 - 18.02 |
| 52-Week Range | 15.50 - 23.90 |
| Beta | 0.52 |
| RSI | 43.35 |
| 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
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 ...
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...