CNOOC Limited (HKG:0883)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 1.13T +0.7% |
| Revenue (ttm) | 516.23B +8.4% |
| Net Income | 162.87B +13.0% |
| EPS | 3.44 +13.5% |
| Shares Out | 47.53B |
| PE Ratio | 6.64 |
| Forward PE | 5.99 |
| Dividend | 1.51 (6.63%) |
| Ex-Dividend Date | Sep 10, 2026 |
| Volume | 36,759,642 |
| Open | 23.02 |
| Previous Close | 22.84 |
| Day's Range | 22.82 - 23.18 |
| 52-Week Range | 19.92 - 30.98 |
| Beta | 0.33 |
| Analysts | Buy |
| Price Target | 31.82 (+39.32%) |
| Earnings Date | Oct 30, 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 17 analysts, the average rating for 0883 stock is "Buy." The 12-month stock price target is $31.82, which is an increase of 39.32% from the latest price.
News
China's CNOOC reports major ultra-deep gas discovery in Bohai Sea
China's offshore oil major China National Offshore Oil Corporation (CNOOC) said on Thursday it had drilled a high-yield oil and gas well in volcanic formations at a depth of more than 5,700 meters (ci...
China places former Sinopec, CNOOC boss Fu Chengyu, 75, under corruption probe
Fu Chengyu, the former chairman of leading oil giants Sinopec and China National Offshore Oil Corporation (CNOOC), is under investigation for corruption by the country’s top watchdogs. The Communist P...
CNOOC to resume production at China deep-sea gasfield in Q4 after accident
China's CNOOC Ltd plans to resume production at its deep-sea gas field Lingshui 17-2 in the South China Sea in the fourth quarter following an accident earlier in the year, a company executive said du...
CNOOC Earnings Call Transcript: Q3 2026
First-three-quarter production reached a record 597 million BOE, up 2.7% YoY, while net income rose 16.8% to CNY 171.9 billion. Exploration, project startups and full-year guidance remained positive, with costs affected by currency, taxes and field-level production changes.
CNOOC Earnings release: Q3 2026
CNOOC released its Q3 2026 earnings on October 30, 2026, summarizing the period's financial results.
CNOOC Slides: Q3 2026
CNOOC has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 30, 2026.
Beijing Pushes Domestic Oil Production as Iranian Supply Dries Up
China needs its biggest oil and gas producers to drill more, explore more, and build strategic supply bases as the Iran war forces Beijing to confront an uncomfortable reality: even the world's larges...
Uganda Set to Become World's Newest Oil Exporter in Early 2027
The global list of crude oil exporters will expand with Uganda early next year as the African country is moving closer to first oil from a project whose crude will flow through a new pipeline to Tanza...
CNOOC Earnings release: Q2 2026
CNOOC released its Q2 2026 earnings on August 27, 2026, summarizing the period's financial results.
CNOOC Slides: Q2 2026
CNOOC has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 27, 2026.
CNOOC Quarterly report: Q2 2026
CNOOC has published its Q2 2026 quarterly earnings report on August 27, 2026.
CNOOC Posts Record Profit as China Pumps More Oil at Home
China’s push to squeeze more oil and gas from home is paying off just as imported energy becomes more geopolitically complicated. CNOOC posted record first-half profit and production on Wednesday, hel...
China’s CNOOC rakes in record first-half profit on high oil prices amid Iran war
China National Offshore Oil Corporation (CNOOC), the nation’s largest offshore oil and gas producer, saw its net profit jump 23.4 per cent to a record high in the first half of the year, as higher oil...
China's CNOOC makes record interim profit on higher oil prices, output
Chinese offshore oil and gas major CNOOC Ltd posted a record first-half net profit on Wednesday, as higher oil prices driven by the Iran war and rising production boosted earnings.
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 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 Slides: Q1 2026
CNOOC has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.
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.
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 ...