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CNOOC Limited (CEO)

121.76 0.00 (0.00%)
Mar 8, 2021 4:00 PM EST - Market closed
Market Cap53.21B
Revenue (ttm)33.31B
Net Income (ttm)8.72B
Shares Out446.48M
EPS (ttm)11.50
PE Ratio10.59
Forward PE7.12
Dividend$8.24 (6.76%)
Ex-Dividend DateSep 2, 2020
Volume-
Open-
Previous Close121.76
Day's Range120.06 - 123.70
52-Week Range79.25 - 131.83
Beta1.18
AnalystsBuy
Price Target154.85 (+27.2%)
Est. Earnings Daten/a

About CEO

CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil and natural gas in offshore China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. The company operates through three segments: E&P, Trading Business, and Corporate. 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 ...

IndustryOil, Gas & Consumable Fuels
IPO DateFeb 28, 2001
CEOKeqiang Xu
Employees18,425
Stock ExchangeNYSE
Ticker SymbolCEO
Full Company Profile

Financial Performance

In 2019, CNOOC Limited's revenue was 233.20 billion, an increase of 2.41% compared to the previous year's 227.71 billion. Earnings were 61.05 billion, an increase of 15.89%.

Financial numbers in millions CNYFinancial Statements

Analyst Forecast

According to 4 analysts, the average rating for CNOOC Limited stock is "Buy." The 12-month stock price forecast is 154.85, which is an increase of 27.17% from the latest price.

Price Target
$154.85
(27.17% upside)
Analyst Consensus: Buy

News

CNOOC to Buy Extra 5% Stake in Petrobras' (PBR) Buzios Oilfield

Per Petrobras (PBR), CNOOC's purchase of an additional 5% share in the massive Buzios pre-salt field will not impact its 2021 output goal until the deal is completed.

Other symbols:PBR
2 weeks ago - Zacks Investment Research

CNOOC Limited Announces A Large-sized Discovery of Kenli 10-2 in Bohai

HONG KONG, Sept. 30, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized discovery of Kenli 10-2 in Bohai.

3 weeks ago - PRNewsWire

CNOOC Limited Announces Bozhong 19-4 Oilfield Comprehensive Adjustment Project Commences Production

HONG KONG, Sept. 24, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Bozhong 19-4 oilfield comprehensive adjustment project has commenced produc...

3 weeks ago - PRNewsWire

CNOOC Limited Announces Qinhuangdao/ Caofeidian Onshore Power Project Commences Operation Successfully

HONG KONG, Sept. 22, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Qinhuangdao/ Caofeidian onshore power project has commenced operation succe...

4 weeks ago - PRNewsWire

CNOOC Limited Announces Bozhong 26-3 Oilfield Expansion Project Commences Production

HONG KONG, Aug. 26, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Bozhong 26-3 oilfield expansion project has commenced production. Bozhong 26...

1 month ago - PRNewsWire

CNOOC Limited Announces Luda 6-2 Oilfield Commences Production

HONG KONG, Aug. 23, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Luda 6-2 oilfield has commenced production ahead of schedule. Luda 6-2 oilfi...

1 month ago - PRNewsWire

CNOOC Limited's Earnings Increased Significantly, Production Hit a Record High

HONG KONG, Aug. 19, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its 2021 interim results for the six months ended June 30, 2021. In the first hal...

2 months ago - PRNewsWire

CNOOC Limited Announces Liuhua 21-2 Oilfield Commences Production

HONG KONG, Aug. 2, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 21-2 oilfield has commenced production ahead of schedule. Liuhua 21-2 ...

2 months ago - PRNewsWire

CNOOC Limited Announces Luda 29-1 Oilfield Commences Production

HONG KONG, July 21, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Luda 29-1 oilfield has commenced production. Luda 29-1 oilfield is located i...

3 months ago - PRNewsWire

CNOOC Limited Announces Weizhou 11-2 Oilfield Phase II Project Commences Production

HONG KONG, June 28, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Weizhou 11-2 oilfield phase II project has commenced production. The Weizhou...

3 months ago - PRNewsWire

CNOOC Limited Announces The China's First Offshore Large-sized Independent Deepwater Gas Field Lingshui 17-2 Gas Fiel...

HONG KONG, June 25, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that the China's first offshore large-sized independent deepwater gas field, Ling...

3 months ago - PRNewsWire

U.S. postpones ban on trading some Chinese stocks

CNBC's Becky Quick gives the latest details on the proposed U.S. ban on trading certain Chinese stocks.

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5 months ago - CNBC Television

How to Invest with Inflation Rates Rising

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5 months ago - Zacks Investment Research

CNOOC (CEO) Begins Production in China Deepwater Gas Field

CNOOC (CEO) starts production at its Liuhua 29-2 deepwater gas field, wherein production is expected to reach a peak of 41 million cubic feet per day in 2021.

5 months ago - Zacks Investment Research

CNOOC Limited Announces Liuhua 29-2 Gas Field Commences Production

HONG KONG, May 6, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-2 gas field has commenced production. The Liuhua 29-2 gas field is l...

5 months ago - PRNewsWire

CNOOC Limited Announces Key Operational Statistics for Q1 2021

HONG KONG, April 22, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its key operational statistics for the first quarter of 2021. The Company achiev...

5 months ago - PRNewsWire

Are Investors Undervaluing CNOOC (CEO) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

6 months ago - Zacks Investment Research

CNOOC Limited: Reserves and Production Hit Record High Cost Decreased to a 10-Year Low

HONG KONG, March 25, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its 2020 annual results for the year ended December 31, 2020. In 2020, CNOOC Lim...

6 months ago - PRNewsWire

Should Value Investors Consider CNOOC (CEO) Stock Now?

Let's see if CNOOC (CEO) stock is a good choice for value-oriented investors right now from multiple angles.

7 months ago - Zacks Investment Research

CNOOC Limited Announces Caofeidian 6-4 Oilfield Commences Production

HONG KONG, March 15, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Caofeidian 6-4 oilfield has commenced production. Caofeidian 6-4 oilfield i...

7 months ago - PRNewsWire

NYSE starts move to delist Chinese state oil producer CNOOC

The New York Stock Exchange on Friday decided to begin formal delisting of Chinese state oil giant CNOOC Ltd based on an executive order signed by former U.S. President Donald Trump in November last year.

7 months ago - Reuters

CNOOC (CEO) Upgraded to Strong Buy: What Does It Mean for the Stock?

CNOOC (CEO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

7 months ago - Zacks Investment Research

CNOOC Limited Announces a Large-sized Oil and Gas Discovery of Bozhong 13-2 in Bohai

HONG KONG, Feb. 21, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized oil and gas discovery Bozhong 13-2 in Bohai B...

7 months ago - PRNewsWire

A Trio of Stock Picks for the Value Investor

If you want to add to your chances to uncover bargains, one way to do so is to look at equities that are trading at a discount to their intrinsic value estimate as calculated from the projected free cas...

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8 months ago - GuruFocus

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8 months ago - Zacks Investment Research