CNOOC (883) Stock Overview

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. More details

883 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

883 Community Fair Values

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See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

CNOOC Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for CNOOC
Historical stock prices
Current Share PriceHK$18.08
52 Week HighHK$23.40
52 Week LowHK$15.50
Beta0.52
1 Month Change-1.09%
3 Month Change12.02%
1 Year Change-21.90%
3 Year Change83.74%
5 Year Change103.60%
Change since IPO840.69%

Recent News & Updates

CNOOC (HKG:883) Shareholders Will Want The ROCE Trajectory To Continue

Jun 26
CNOOC (HKG:883) Shareholders Will Want The ROCE Trajectory To Continue

Recent updates

CNOOC (HKG:883) Shareholders Will Want The ROCE Trajectory To Continue

Jun 26
CNOOC (HKG:883) Shareholders Will Want The ROCE Trajectory To Continue

We Take A Look At Why CNOOC Limited's (HKG:883) CEO Compensation Is Well Earned

May 29
We Take A Look At Why CNOOC Limited's (HKG:883) CEO Compensation Is Well Earned

CNOOC (HKG:883) Will Pay A Dividend Of CN¥0.66

May 16
CNOOC (HKG:883) Will Pay A Dividend Of CN¥0.66

CNOOC Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next

May 03
CNOOC Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next

Is CNOOC (HKG:883) A Risky Investment?

Apr 16
Is CNOOC (HKG:883) A Risky Investment?

CNOOC Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next

Mar 30
CNOOC Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next

Shareholders Would Enjoy A Repeat Of CNOOC's (HKG:883) Recent Growth In Returns

Feb 23
Shareholders Would Enjoy A Repeat Of CNOOC's (HKG:883) Recent Growth In Returns
author-image

New Discoveries Like Lingshui 36-1 May Strengthen Operations, But Risks Could Affect Future Results

Strategic focus on cost control and technological advancements are set to enhance net margins and profitability through operational efficiencies and cost reductions.

Insufficient Growth At CNOOC Limited (HKG:883) Hampers Share Price

Jan 21
Insufficient Growth At CNOOC Limited (HKG:883) Hampers Share Price

CNOOC Limited Just Recorded A 15% Revenue Beat: Here's What Analysts Think

Oct 30
CNOOC Limited Just Recorded A 15% Revenue Beat: Here's What Analysts Think

Should You Be Adding CNOOC (HKG:883) To Your Watchlist Today?

Oct 21
Should You Be Adding CNOOC (HKG:883) To Your Watchlist Today?

Is CNOOC (HKG:883) A Risky Investment?

Oct 01
Is CNOOC (HKG:883) A Risky Investment?

Benign Growth For CNOOC Limited (HKG:883) Underpins Its Share Price

Sep 14
Benign Growth For CNOOC Limited (HKG:883) Underpins Its Share Price

Returns On Capital Are Showing Encouraging Signs At CNOOC (HKG:883)

Aug 27
Returns On Capital Are Showing Encouraging Signs At CNOOC (HKG:883)

Shareholder Returns

883HK Oil and GasHK Market
7D2.0%1.2%0.5%
1Y-21.9%-18.5%29.0%

Return vs Industry: 883 underperformed the Hong Kong Oil and Gas industry which returned -20.4% over the past year.

Return vs Market: 883 underperformed the Hong Kong Market which returned 26.6% over the past year.

Price Volatility

Is 883's price volatile compared to industry and market?
883 volatility
883 Average Weekly Movement8.7%
Oil and Gas Industry Average Movement9.6%
Market Average Movement6.9%
10% most volatile stocks in HK Market14.9%
10% least volatile stocks in HK Market3.4%

Stable Share Price: 883 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 883's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199922,181Xinhuai Zhouwww.cnoocltd.com

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.

CNOOC Limited Fundamentals Summary

How do CNOOC's earnings and revenue compare to its market cap?
883 fundamental statistics
Market capHK$890.32b
Earnings (TTM)HK$147.46b
Revenue (TTM)HK$455.03b
5.8x
P/E Ratio
1.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
883 income statement (TTM)
RevenueCN¥415.89b
Cost of RevenueCN¥84.81b
Gross ProfitCN¥331.08b
Other ExpensesCN¥196.30b
EarningsCN¥134.78b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 28, 2025

Earnings per share (EPS)2.84
Gross Margin79.61%
Net Profit Margin32.41%
Debt/Equity Ratio10.6%

How did 883 perform over the long term?

See historical performance and comparison

Dividends

7.7%
Current Dividend Yield
46%
Payout Ratio

Does 883 pay a reliable dividends?

See 883 dividend history and benchmarks
When do you need to buy 883 by to receive an upcoming dividend?
CNOOC dividend dates
Ex Dividend DateJun 12 2025
Dividend Pay DateJul 11 2025
Days until Ex dividend26 days
Days until Dividend pay date3 days

Does 883 pay a reliable dividends?

See 883 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/07 05:59
End of Day Share Price 2025/07/07 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CNOOC Limited is covered by 54 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott Lee DarlingBarclays
Yong Liang PorBNP Paribas Securities (Asia)
Cho Ming LauBOCI Research Ltd.