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CNOOC Limited (CEO)

Stock Price: $94.30 USD 0.73 (0.78%)
Updated Oct 19, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 42.10B
Revenue (ttm) 33.31B
Net Income (ttm) 61.05B
Shares Out 446.48M
EPS (ttm) 11.50
PE Ratio 8.20
Forward PE 7.84
Dividend $8.37
Dividend Yield 8.88%

Stock Quote

Trading Day Oct 19, 2020
Last Price $94.30
Previous Close $93.57
Change ($) 0.73
Change (%) 0.78%
Day's Open 94.69
Day's Range 93.92 - 95.26
Day's Volume 128,293
52-Week Range 81.11 - 181.13

More Stats

Market Cap 42.10B
Enterprise Value 40.99B
Earnings Date (est) n/a
Ex-Dividend Date Sep 2, 2020
Shares Outstanding 446.48M
Float 446.47M
EPS (basic) n/a
EPS (diluted) 11.50
FCF / Share 23.69
Dividend $8.37
Dividend Yield 8.88%
Earnings Yield 12.20%
FCF Yield 25.12%
Payout Ratio 44.80%
Shares Short 209,381
Short Ratio 1.60
Short % of Float 0.05%
Beta 1.22
PE Ratio 8.20
Forward PE 7.84
P/FCF Ratio 3.98
PS Ratio 1.26
PB Ratio 0.65
Revenue 33.31B
Operating Income 12.03B
Net Income 61.05B
Free Cash Flow 10.58B
Net Cash 1.12B
Net Cash / Share 2.50
Gross Margin 73.01%
Operating Margin 36.10%
Profit Margin 26.20%
FCF Margin 31.74%
ROA 4.72%
ROE 9.43%
ROIC 12.50%
Key stats in USD, based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (19)

Buy 11
Overweight 5
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$137.09*
(45.38% upside)
Low
107
Current: $94.30
High
167
Target: 137.09
*Average 12-month USD price target from 18 stock analysts.

Financial Performance

Financial numbers in millions CNY.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue233,199227,711186,971146,490171,437274,634285,857247,627240,944180,036
Revenue Growth2.41%21.79%27.63%-14.55%-37.58%-3.93%15.44%2.77%33.83%-
Gross Profit170,268160,624127,69797,320112,455183,700186,520160,018162,041125,044
Operating Income84,19580,16736,997-2,41217,45680,91578,50387,14190,60771,145
Net Income61,04552,67524,71963720,24660,19956,46163,69170,25554,410
Shares Outstanding44,64744,64744,64744,64744,64744,64644,64644,65944,66944,669
Earnings Per Share137.00118.0055.001.0045.00135.00126.00142.00157.00121.00
EPS Growth16.1%114.55%5400%-97.78%-66.67%7.14%-11.27%-9.55%29.75%-
Dividend Per Share8.777.244.934.777.037.357.355.546.425.28
Dividend Growth21.14%47.02%3.25%-32.13%-4.37%0.07%32.6%-13.64%21.59%-
Operating Cash Flow145,979140,082111,13682,13796,095142,682143,539117,736140,80985,921
Capital Expenditures-71,950-50,676-47,958-50,815-67,130-93,954-86,266-62,917-52,681-39,437
Free Cash Flow74,02989,40663,17831,32228,96548,72857,27354,81988,12846,484
Cash & Equivalents165,047154,038102,31083,469101,69791,78391,639133,70999,19761,243
Total Debt157,229142,470132,250150,476164,645136,563131,85257,88637,99531,053
Net Cash / Debt7,81811,568-29,940-67,007-62,948-44,780-40,21375,82361,20230,190
Assets757,731686,381617,219637,681664,362662,859621,473456,070384,264318,430
Liabilities309,505266,471237,244255,310278,321283,249279,853146,290121,408102,664
Book Value448,187419,900379,975382,371386,041379,610341,620309,780262,856215,766
Numbers in millions CNY, except per-share numbers.

Company Profile

Company Details

Full Name CNOOC Limited
Country Hong Kong
Employees 18,425
CEO Ke Qiang Xu

Stock Information

Ticker Symbol CEO
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas E&P
Unique Identifier NYSE: CEO
IPO Date February 28, 2001

Description

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 holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2019, it had net proved reserves of approximately 5.18 billion barrels of oil equivalent. In addition, the company is involved in the issuance of bonds; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.