CNOOC Limited (HKG:0883)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 1.24T +35.6% |
| Revenue (ttm) | 463.13B -2.0% |
| Net Income | 141.70B -7.5% |
| EPS | 2.98 -7.5% |
| Shares Out | 47.53B |
| PE Ratio | 8.46 |
| Forward PE | 6.39 |
| Dividend | 1.28 (5.19%) |
| Ex-Dividend Date | Jun 11, 2026 |
| Volume | 69,871,959 |
| Open | 24.72 |
| Previous Close | 24.66 |
| Day's Range | 24.70 - 25.18 |
| 52-Week Range | 18.42 - 30.98 |
| Beta | 0.32 |
| Analysts | Buy |
| Price Target | 32.58 (+29.39%) |
| Earnings Date | Aug 26, 2026 |
About CNOOC
CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide. The company produces offshore crude oil and natural gas primarily in Bohai Sea, the Western South China Sea, the Eastern South China Sea, and the East China Sea in 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 and trading of petroleum and natural gas; oil sands expl... [Read more]
Financial Performance
In 2025, CNOOC's revenue was 398.22 billion, a decrease of -5.30% compared to the previous year's 420.51 billion. Earnings were 122.08 billion, a decrease of -11.49%.
Financial numbers in CNY Financial StatementsAnalyst Summary
According to 16 analysts, the average rating for 0883 stock is "Buy." The 12-month stock price target is $32.58, which is an increase of 29.39% from the latest price.
News
World-First Floating Wind Technology to Help Power Oil Rigs
It’s not often that wind power and oil and gas are mentioned in the same breath. The rare occasion concerns a new type of offshore wind turbine launched in China that will power the extraction of foss...
Former CNOOC executive sentenced to death with reprieve for taking bribes
A former chief executive at state-owned oil and gas giant CNOOC Ltd. has been sentenced to death for taking bribes but the sentence has been held in abeyance for two years, China's state media Xinhua ...
China oil stocks rise as crude rally lifts Sinopec, CNOOC earnings
Chinese oil producers advanced after two of the country’s major players reported stronger first-quarter earnings, buoyed by a surge in crude prices. Shares of China Petroleum and Chemical Corp, also k...
Cnooc Q1 Profit Rises To 39.14 Billion Yuan As Oil Prices Climb
Cnooc Q1 Profit Rises To 39.14 Billion Yuan As Oil Prices Climb
Cnooc Posts Stronger Profit as Iran War Boosts Oil Prices
Cnooc Ltd. reported stronger profit in the first quarter, as China’s top offshore driller benefited from rising global crude prices from the war in the Middle East.
CNOOC Earnings release: Q1 2026
CNOOC released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.
CNOOC Annual report: Q4 2025
CNOOC has published its Q4 2025 annual report on March 30, 2026.
CNOOC Earnings release: Q4 2025
CNOOC released its Q4 2025 earnings on March 30, 2026, summarizing the period's financial results.
CNOOC Slides: Q4 2025
CNOOC has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 30, 2026.
Cnooc Reports 122.1B Yuan Profit as Oil Prices Drop 15%
Cnooc Reports 122.1B Yuan Profit as Oil Prices Drop 15%
Record Oil and Gas Output Fails to Shield CNOOC from Market Volatility
Lower oil prices offset a record-high oil and gas production to drag down the 2025 profit of Chinese oil and gas giant CNOOC from a year earlier and below analyst estimates. CNOOC Ltd, China’s top off...
China’s CNOOC to boost oil and gas output amid Middle East strife
China National Offshore Oil Corporation (CNOOC), the country’s largest producer of offshore crude oil and natural gas, aims to further boost production this year amid geopolitical tensions and rising ...
SLB Secures Major Contract with China National Offshore Oil Corporation
SLB Secures Major Contract with China National Offshore Oil Corporation
SLB Secures Major Contract with CNOOC for Deepwater Project
SLB Secures Major Contract with CNOOC for Deepwater Project
How America’s Action in Venezuela Guaranteed Guyana’s Oil Future
Once one of South America’s poorest countries, Guyana is now ranked among the world’s richest because of the vast petroleum wealth contained in its territorial waters. A swath of major oil discoveries...
Top Chinese Offshore Gas Field Ships 100th Oil Cargo
China’s largest and deepest offshore gas field has shipped its 100th cargo of condensate, China National Offshore Oil Corporation (CNOOC), China’s top offshore crude oil and natural gas producer, said...
China’s CNOOC Discovers Massive Oilfield in Bohai Sea
CNOOC Ltd, China’s top offshore crude oil and natural gas producer, has announced the discovery of a major new oilfield in the Bohai Sea. The Qinhuangdao 29-6 discovery in the shallow Neogene formatio...
CNOOC Commences Production At Xijiang Oilfields 24 Block Project In Pearl River Mouth Basin
(RTTNews) - CNOOC Limited announced that the Xijiang Oilfields 24 Block Development Project has officially commenced production. This marks another important milestone in the company's offshore develo...
China's $468 Billion Energy Drive Sparks Global Oil Market Shakeup
A month ago, Chinese oil heavyweight CNOOC boasted its pipeline network had hit 10,000 kilometers. That network was going to further grow to 13,000 km, the company said soon after it announced a fresh...
HKEX to roll out new weekly options, biotech futures amid trading boom
Hong Kong Exchanges and Clearing (HKEX) will launch five new weekly stock options and a Hang Seng Biotech Index Futures contract this month, expanding hedging tools for investors as derivatives tradin...
CNOOC Earnings release: Q3 2025
CNOOC released its Q3 2025 earnings on October 28, 2025, summarizing the period's financial results.
CNOOC Expands Presence in South China Sea with New Projects
Chinas network of subsea pipelines has reached a total length of 10,000 kilometers, CNOOC reported this week. The news was hailed by media as a milestone in offshore oil and gas development in the wor...
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...
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...
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...