CNOOC（80883）株式概要投資持株会社であるCNOOC Limitedは、中華人民共和国、カナダ、および国際的な原油・天然ガスの探鉱、開発、生産、販売に従事している。 詳細80883 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金4/6報酬当社が推定した公正価値より68.3%で取引されている 同業他社や業界と比較して、良好な取引価格 リスク分析不安定な配当実績 すべてのリスクチェックを見る80883 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,207 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA480,207 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥19.5237.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0430b2016201920222025202620282031Revenue CN¥416.3bEarnings CN¥127.4bAdvancedSet Fair ValueView all narrativesCNOOC Limited 競合他社China Shenhua EnergySymbol: SEHK:1088Market cap: HK$1.1tChina Petroleum & ChemicalSymbol: SEHK:386Market cap: HK$673.9bPetroChinaSymbol: SEHK:857Market cap: HK$2.2tUnited Energy GroupSymbol: SEHK:467Market cap: HK$9.0b価格と性能株価の高値、安値、推移の概要CNOOC過去の株価現在の株価HK$19.9652週高値HK$27.2652週安値HK$16.93ベータ0.321ヶ月の変化5.89%3ヶ月変化-13.22%1年変化16.59%3年間の変化64.96%5年間の変化n/aIPOからの変化92.29%最新ニュースPrice Target Changed • Aug 06Price target decreased by 10% to CN¥25.10Down from CN¥28.00, the current price target is an average from 15 analysts. New target price is 29% above last closing price of CN¥19.52. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥3.47 for next year compared to CN¥2.57 last year.お知らせ • Jun 30CNOOC Limited to Report First Half, 2026 Results on Aug 31, 2026CNOOC Limited announced that they will report first half, 2026 results on Aug 31, 2026New Risk • Jun 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jun 04Upcoming dividend of HK$0.55 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Hong Kong dividend payers (6.9%). In line with average of industry peers (4.9%).Declared Dividend • May 03Dividend of HK$0.55 announcedShareholders will receive a dividend of HK$0.55. Ex-date: 11th June 2026 Payment date: 10th July 2026 Dividend yield will be 4.8%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.お知らせ • Apr 29CNOOC Limited, Annual General Meeting, Jun 03, 2026CNOOC Limited, Annual General Meeting, Jun 03, 2026.最新情報をもっと見るRecent updatesPrice Target Changed • Aug 06Price target decreased by 10% to CN¥25.10Down from CN¥28.00, the current price target is an average from 15 analysts. New target price is 29% above last closing price of CN¥19.52. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥3.47 for next year compared to CN¥2.57 last year.お知らせ • Jun 30CNOOC Limited to Report First Half, 2026 Results on Aug 31, 2026CNOOC Limited announced that they will report first half, 2026 results on Aug 31, 2026New Risk • Jun 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jun 04Upcoming dividend of HK$0.55 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Hong Kong dividend payers (6.9%). In line with average of industry peers (4.9%).Declared Dividend • May 03Dividend of HK$0.55 announcedShareholders will receive a dividend of HK$0.55. Ex-date: 11th June 2026 Payment date: 10th July 2026 Dividend yield will be 4.8%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.お知らせ • Apr 29CNOOC Limited, Annual General Meeting, Jun 03, 2026CNOOC Limited, Annual General Meeting, Jun 03, 2026.お知らせ • Mar 30CNOOC Limited to Report Q1, 2026 Results on Apr 29, 2026CNOOC Limited announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Mar 27CNOOC Limited Recommends Final Dividend for the Year Ended 31 December 2025Board of Directors of CNOOC Limited recommended a dividend payout ratio of 45% for the year ended 31 December 2025. The annual dividend is HKD 1.28 per share (tax inclusive), including a final dividend of HKD 0.55 per share (tax inclusive).Reported Earnings • Mar 27Full year 2025 earnings released: EPS: CN¥2.57 (vs CN¥2.90 in FY 2024)Full year 2025 results: EPS: CN¥2.57 (down from CN¥2.90 in FY 2024). Revenue: CN¥398.2b (down 5.3% from FY 2024). Net income: CN¥122.1b (down 12% from FY 2024). Profit margin: 31% (down from 33% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Hong Kong.お知らせ • Mar 24+ 1 more updateCnooc Appoints Huang Yongzhang as Its Vice Chairman, Executive Director, President and Member of the Strategy and Sustainability CommitteeCNOOC Limited announced the appointment Huang Yongzhang as its vice chairman, executive director. He was also named as president of the company and a member of the strategy and sustainability committee. He succeeds Zhou Xinhuai, who left the position in October 2025. Huang previously served as vice president of CNPC International, vice president and chief safety officer of China Oil Exploration and Development Corporation, EVP and president of CNPC Middle East Corporation, and Director of CNPC Middle East regional coordination committee. From April 2020 to September 2025, he served as vice president of CNPC and concurrently as the chief safety officer. From September 2020 to September 2025, Huang served as a director of PetroChina, during which he concurrently served as the president from March 2021. Huang has served as a director and the general manager of China National Offshore Oil Corporation since September 2025.Price Target Changed • Mar 04Price target increased by 36% to CN¥27.70Up from CN¥20.40, the current price target is an average from 14 analysts. New target price is 16% above last closing price of CN¥23.98. Stock is up 47% over the past year. The company is forecast to post earnings per share of CN¥2.74 for next year compared to CN¥2.90 last year.New Risk • Mar 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Jan 03CNOOC Limited Announces Buzios6 Project Commences ProductionCNOOC Limited announced that Buzios6 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil. It is the large deep-water pre-salt oilfield in the world. Buzios6 is the seventh project commissioned of the oilfield. It will be developed with an FPSO and subsea production system. 13 development wells are planned to be commissioned, including 6 oil producers and 7 injectors. With Buzios6 on-stream, the installed production capacity of the Buzios oilfield will reach 1.15 million barrels per day. The FPSO used in the Buzios6 project has a designed production capacity of 180,000 barrels of crude oil per day and 7.2 million cubic meters of natural gas per day, along with a storage capacity of 2 million barrels. To enhance environmental performance, it is equipped with closed flare to reduce greenhouse gas emissions, and heat recovery devices to reduce energy consumption.お知らせ • Dec 26CNOOC Limited to Report Fiscal Year 2025 Results on Mar 27, 2026CNOOC Limited announced that they will report fiscal year 2025 results on Mar 27, 2026お知らせ • Dec 24CNOOC Limited Announces a Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 29-6 in Bohai SeaCNOOC Limited announced that the Company has made a major oilfield discovery of Qinhuangdao 29-6 in the shallow Neogene formations of the Bohai Sea, which adds over a hundred million tons of oil equivalent in-place. Qinhuangdao 29 -6 Oilfield is located in central Bohai Sea. The main oil-bearing play is Neogene Minghuazhen Formation, characterized by shallow burial depth. The oil property is medium-heavy crude. The discovery well was drilled and completed at a depth of 1,688 meters, which encountered a total of 66.7 meters oil pay zones and was tested to produce approximately 2,560 barrels of crude oil per day. Through continued exploration, the proved in-place volume of Qinhuangdao29-6 Oilfield has exceeded 100 million tons of oil equivalent. Qinhuangdao 30-6 Oilfield is the second one-hundred-million-ton-class lithological oilfield discovered in the mature exploration area of the Shijiutuo Uplift, further highlighting the value of fine exploration and consolidating the resource base for increasing reserves and production for the Company.お知らせ • Dec 22CNOOC Limited Brings On-stream Xijiang Oilfields 24 Block Development ProjectCNOOC Limited announced that Xijiang Oilfields 24 Block Development Project has commenced production. The project is located in the shallow water of the Pearl River Mouth Basin. The development of the project mainly leverages the adjacent existing facilities of the Huixi Oilfields, with addition of a new unmanned wellhead platform. 10 development wells are planned to be commissioned. The project is expected to achieve a plateau production of approximately 18,000 barrels of oil equivalent per day in 2026. The oil property is light crude. The new Xijiang 24-7 platform is China's first unmanned offshore platform for high-temperature fluid cooling and export. The temperature control system reduces the impact of high temperatures on subsea pipelines, thereby ensuring stable and continuous production. CNOOC Limited holds 100% interest in this project and is the operator.お知らせ • Dec 03CNOOC Limited Brings On-stream Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development ProjectCNOOC Limited announced that Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project has commenced production. The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 43 meters. The project leverages the adjacent existing facilities for development. The main production facilities include a newly-built unmanned wellhead platform and a central processing platform, which are connected to an existing platform through a trestle bridge. 35 development wells are planned to be commissioned, including 28 production wells and 7 water injection wells. The project is expected to achieve a plateau production of approximately 16,900 barrels of oil equivalent per day in 2026. The oil property is light crude. The project has adopted a coordinated development plan of "three offshore processing centers + one onshore terminal", serving as a gathering and transportation hub to release the resource capacity and ensure stable energy supply in the region.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.77 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.68 (down from CN¥0.77 in 3Q 2024). Revenue: CN¥104.9b (up 5.7% from 3Q 2024). Net income: CN¥32.4b (down 12% from 3Q 2024). Profit margin: 31% (down from 37% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Oil and Gas industry in Hong Kong.お知らせ • Sep 30CNOOC Limited to Report Q3, 2025 Results on Oct 31, 2025CNOOC Limited announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Sep 04CNOOC Limited Brings On-stream Wenchang 16-2 Oilfield Development ProjectCNOOC Limited announced that Wenchang 16-2 Oilfield Development Project has commenced production. The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 meters. The development of the project mainly leverages the adjacent existing facilities of the Wenchang Oilfields, with addition of a new jacket platform integrating functions such as oil and gas production, offshore drilling and completion operations as well as personnel accommodation. A total of 15 development wells are planned to be commissioned. The project is expected to achieve a plateau production of approximately 11,200 barrels of oil equivalent per day in 2027. The oil property is light crude. CNOOC Limited holds 100% interest in this project and is the operator.Declared Dividend • Aug 29First half dividend of HK$0.73 announcedShareholders will receive a dividend of HK$0.73. Ex-date: 11th September 2025 Payment date: 17th October 2025 Dividend yield will be 7.5%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.6% over the next 3 years. However, it would need to fall by 74% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.69 (vs CN¥0.84 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.69 (down from CN¥0.84 in 2Q 2024). Revenue: CN¥100.8b (down 13% from 2Q 2024). Net income: CN¥33.0b (down 18% from 2Q 2024). Profit margin: 33% (down from 35% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Hong Kong.お知らせ • Aug 27CNOOC Limited Announces Interim DividendThe Board of Directors of CNOOC Limited has resolved to declare an interim dividend of HKD 0.73 per share (tax inclusive).お知らせ • Aug 08CNOOC Limited Announces Yellowtail Project Commences ProductionCNOOC Limited announced that Yellowtail Project has commenced production safely ahead of schedule. The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1,600-2,000 meters. The main production facilities include 1 floating production, storage and offloading (FPSO) and 1 subsea production system, with 26 production wells and 25 injection wells planned to be commissioned. This FPSO is the largest FPSO on the Stabroek Block with a storage capacity of 2 million barrels. The Liza Phase 1, Liza Phase 2 and Payara Project in Guyana's Stabroek Block have commenced production, with the block currently producing approximately 650,000 barrels of crude oil per day. The Yellowtail Project has a production capacity of 250,000 barrels per day, which will increase the installed production capacity of Stabroek Block to 900,000 barrels of crude Oil per day.お知らせ • Jul 29CNOOC Limited Brings On-Stream Dongfang 1-1 Gas Field 13-3 Block Development ProjectCNOOC Limited announced that Dongfang 1-1 Gas Field 13-3 Block Development Project has commenced production. The project is the first high-temperature, high-pressure, low-permeability natural gas project offshore China. It is located in the Yinggehai Basin, with an average water depth of approximately 67 meters. The main production facility is a new unmanned wellhead platform and it utilizes the existing processing facilities of the Dongfang gas fields for development. A total of 6 development wells are planned to be commissioned. The project is expected to achieve a peak production of approximately 35 million cubic feet of natural gas per day in 2026. The existing facilities are used to connect the Dongfang 1-1 gas field and Dongfang 13-2 gas field. CNOOC Limited has thereby successfully established an integrated offshore gas production network in the Yinggehai Basin. It will facilitate the stable and reliable supply of natural gas in the region, providing strong support for the economic and social development of Guangdong, Hong Kong, and Hainan. CNOOC Limited holds 100% interest in this project and is the operator.Board Change • Jul 23Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Zhi Zhong Qiu is the most experienced director on the board, commencing their role in 2019. Independent Non-executive Director Chak Chan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Jul 16CNOOC Limited Achieves Major Exploration Breakthrough in the Deep Plays of the South China SeaCNOOC Limited announced that it has achieved a major breakthrough in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time. The Weizhou 10-5 South Oil and GasField is located in the Beibu Gulf of the South China Sea, with an average water depth of 37 meters. Exploration well WZ10-5S-2d encountered an oil and gas pay zone of 211 meters, with a total drilled depth of 3,362 meters. The test results indicate that the well produces 165,000 cubic feet of natural gas and 400 barrels of crude oil per day. It marks a major exploration breakthrough in the metamorphic sandstone and slate buried hills offshore China.株主還元80883HK Oil and GasHK 市場7D-2.3%-2.3%-1.0%1Y16.6%19.5%-2.4%株主還元を見る業界別リターン: 80883過去 1 年間で19.5 % の収益を上げたHong Kong Oil and Gas業界を下回りました。リターン対市場: 80883過去 1 年間で-2.4 % の収益を上げたHong Kong市場を上回りました。価格変動Is 80883's price volatile compared to industry and market?80883 volatility80883 Average Weekly Movement4.7%Oil and Gas Industry Average Movement7.3%Market Average Movement7.7%10% most volatile stocks in HK Market16.0%10% least volatile stocks in HK Market3.7%安定した株価: 80883 、 Hong Kong市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 80883の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199922,045Yongzhang Huangwww.cnoocltd.com投資持株会社である中国海洋石油有限公司（CNOOC Limited）は、中華人民共和国、カナダ、および国際的な原油・天然ガスの探鉱、開発、生産、販売に従事している。同社は主に中国沖合の渤海、南シナ海西部、南シナ海東部、東シナ海で海洋原油と天然ガスを生産している。また、アジア、アフリカ、北米、南米、オセアニア、ヨーロッパで様々な石油・ガス資産の権益を保有している。さらに、石油・天然ガスの販売・取引、オイルサンドの探鉱・開発・生産、中国陸上における非在来型天然ガス資源の探鉱・開発・生産、シェールオイル・ガス事業にも携わっている。同社は1999年に設立され、香港を拠点としている。CNOOC LimitedはCNOOC (BVI) LTD.の子会社である。もっと見るCNOOC Limited 基礎のまとめCNOOC の収益と売上を時価総額と比較するとどうか。80883 基礎統計学時価総額CN¥984.87b収益（TTM）CN¥124.66b売上高(TTM)CN¥407.44b7.6xPER（株価収益率2.3xP/Sレシオ80883 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計80883 損益計算書（TTM）収益CN¥407.45b売上原価CN¥96.13b売上総利益CN¥311.31bその他の費用CN¥186.65b収益CN¥124.66b直近の収益報告Mar 31, 2026次回決算日Aug 27, 2026一株当たり利益（EPS）2.62グロス・マージン76.41%純利益率30.60%有利子負債／自己資本比率7.3%80883 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.5%現在の配当利回り44%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/09 06:09終値2026/08/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CNOOC Limited 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。44 アナリスト機関Scott Lee DarlingBarclaysNEIL BEVERIDGEBernsteinXiaohui LauCCB International Securities Limited41 その他のアナリストを表示
Price Target Changed • Aug 06Price target decreased by 10% to CN¥25.10Down from CN¥28.00, the current price target is an average from 15 analysts. New target price is 29% above last closing price of CN¥19.52. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥3.47 for next year compared to CN¥2.57 last year.
お知らせ • Jun 30CNOOC Limited to Report First Half, 2026 Results on Aug 31, 2026CNOOC Limited announced that they will report first half, 2026 results on Aug 31, 2026
New Risk • Jun 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jun 04Upcoming dividend of HK$0.55 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Hong Kong dividend payers (6.9%). In line with average of industry peers (4.9%).
Declared Dividend • May 03Dividend of HK$0.55 announcedShareholders will receive a dividend of HK$0.55. Ex-date: 11th June 2026 Payment date: 10th July 2026 Dividend yield will be 4.8%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
お知らせ • Apr 29CNOOC Limited, Annual General Meeting, Jun 03, 2026CNOOC Limited, Annual General Meeting, Jun 03, 2026.
Price Target Changed • Aug 06Price target decreased by 10% to CN¥25.10Down from CN¥28.00, the current price target is an average from 15 analysts. New target price is 29% above last closing price of CN¥19.52. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥3.47 for next year compared to CN¥2.57 last year.
お知らせ • Jun 30CNOOC Limited to Report First Half, 2026 Results on Aug 31, 2026CNOOC Limited announced that they will report first half, 2026 results on Aug 31, 2026
New Risk • Jun 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jun 04Upcoming dividend of HK$0.55 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Hong Kong dividend payers (6.9%). In line with average of industry peers (4.9%).
Declared Dividend • May 03Dividend of HK$0.55 announcedShareholders will receive a dividend of HK$0.55. Ex-date: 11th June 2026 Payment date: 10th July 2026 Dividend yield will be 4.8%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
お知らせ • Apr 29CNOOC Limited, Annual General Meeting, Jun 03, 2026CNOOC Limited, Annual General Meeting, Jun 03, 2026.
お知らせ • Mar 30CNOOC Limited to Report Q1, 2026 Results on Apr 29, 2026CNOOC Limited announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Mar 27CNOOC Limited Recommends Final Dividend for the Year Ended 31 December 2025Board of Directors of CNOOC Limited recommended a dividend payout ratio of 45% for the year ended 31 December 2025. The annual dividend is HKD 1.28 per share (tax inclusive), including a final dividend of HKD 0.55 per share (tax inclusive).
Reported Earnings • Mar 27Full year 2025 earnings released: EPS: CN¥2.57 (vs CN¥2.90 in FY 2024)Full year 2025 results: EPS: CN¥2.57 (down from CN¥2.90 in FY 2024). Revenue: CN¥398.2b (down 5.3% from FY 2024). Net income: CN¥122.1b (down 12% from FY 2024). Profit margin: 31% (down from 33% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Hong Kong.
お知らせ • Mar 24+ 1 more updateCnooc Appoints Huang Yongzhang as Its Vice Chairman, Executive Director, President and Member of the Strategy and Sustainability CommitteeCNOOC Limited announced the appointment Huang Yongzhang as its vice chairman, executive director. He was also named as president of the company and a member of the strategy and sustainability committee. He succeeds Zhou Xinhuai, who left the position in October 2025. Huang previously served as vice president of CNPC International, vice president and chief safety officer of China Oil Exploration and Development Corporation, EVP and president of CNPC Middle East Corporation, and Director of CNPC Middle East regional coordination committee. From April 2020 to September 2025, he served as vice president of CNPC and concurrently as the chief safety officer. From September 2020 to September 2025, Huang served as a director of PetroChina, during which he concurrently served as the president from March 2021. Huang has served as a director and the general manager of China National Offshore Oil Corporation since September 2025.
Price Target Changed • Mar 04Price target increased by 36% to CN¥27.70Up from CN¥20.40, the current price target is an average from 14 analysts. New target price is 16% above last closing price of CN¥23.98. Stock is up 47% over the past year. The company is forecast to post earnings per share of CN¥2.74 for next year compared to CN¥2.90 last year.
New Risk • Mar 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Jan 03CNOOC Limited Announces Buzios6 Project Commences ProductionCNOOC Limited announced that Buzios6 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil. It is the large deep-water pre-salt oilfield in the world. Buzios6 is the seventh project commissioned of the oilfield. It will be developed with an FPSO and subsea production system. 13 development wells are planned to be commissioned, including 6 oil producers and 7 injectors. With Buzios6 on-stream, the installed production capacity of the Buzios oilfield will reach 1.15 million barrels per day. The FPSO used in the Buzios6 project has a designed production capacity of 180,000 barrels of crude oil per day and 7.2 million cubic meters of natural gas per day, along with a storage capacity of 2 million barrels. To enhance environmental performance, it is equipped with closed flare to reduce greenhouse gas emissions, and heat recovery devices to reduce energy consumption.
お知らせ • Dec 26CNOOC Limited to Report Fiscal Year 2025 Results on Mar 27, 2026CNOOC Limited announced that they will report fiscal year 2025 results on Mar 27, 2026
お知らせ • Dec 24CNOOC Limited Announces a Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 29-6 in Bohai SeaCNOOC Limited announced that the Company has made a major oilfield discovery of Qinhuangdao 29-6 in the shallow Neogene formations of the Bohai Sea, which adds over a hundred million tons of oil equivalent in-place. Qinhuangdao 29 -6 Oilfield is located in central Bohai Sea. The main oil-bearing play is Neogene Minghuazhen Formation, characterized by shallow burial depth. The oil property is medium-heavy crude. The discovery well was drilled and completed at a depth of 1,688 meters, which encountered a total of 66.7 meters oil pay zones and was tested to produce approximately 2,560 barrels of crude oil per day. Through continued exploration, the proved in-place volume of Qinhuangdao29-6 Oilfield has exceeded 100 million tons of oil equivalent. Qinhuangdao 30-6 Oilfield is the second one-hundred-million-ton-class lithological oilfield discovered in the mature exploration area of the Shijiutuo Uplift, further highlighting the value of fine exploration and consolidating the resource base for increasing reserves and production for the Company.
お知らせ • Dec 22CNOOC Limited Brings On-stream Xijiang Oilfields 24 Block Development ProjectCNOOC Limited announced that Xijiang Oilfields 24 Block Development Project has commenced production. The project is located in the shallow water of the Pearl River Mouth Basin. The development of the project mainly leverages the adjacent existing facilities of the Huixi Oilfields, with addition of a new unmanned wellhead platform. 10 development wells are planned to be commissioned. The project is expected to achieve a plateau production of approximately 18,000 barrels of oil equivalent per day in 2026. The oil property is light crude. The new Xijiang 24-7 platform is China's first unmanned offshore platform for high-temperature fluid cooling and export. The temperature control system reduces the impact of high temperatures on subsea pipelines, thereby ensuring stable and continuous production. CNOOC Limited holds 100% interest in this project and is the operator.
お知らせ • Dec 03CNOOC Limited Brings On-stream Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development ProjectCNOOC Limited announced that Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project has commenced production. The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 43 meters. The project leverages the adjacent existing facilities for development. The main production facilities include a newly-built unmanned wellhead platform and a central processing platform, which are connected to an existing platform through a trestle bridge. 35 development wells are planned to be commissioned, including 28 production wells and 7 water injection wells. The project is expected to achieve a plateau production of approximately 16,900 barrels of oil equivalent per day in 2026. The oil property is light crude. The project has adopted a coordinated development plan of "three offshore processing centers + one onshore terminal", serving as a gathering and transportation hub to release the resource capacity and ensure stable energy supply in the region.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.77 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.68 (down from CN¥0.77 in 3Q 2024). Revenue: CN¥104.9b (up 5.7% from 3Q 2024). Net income: CN¥32.4b (down 12% from 3Q 2024). Profit margin: 31% (down from 37% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Oil and Gas industry in Hong Kong.
お知らせ • Sep 30CNOOC Limited to Report Q3, 2025 Results on Oct 31, 2025CNOOC Limited announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Sep 04CNOOC Limited Brings On-stream Wenchang 16-2 Oilfield Development ProjectCNOOC Limited announced that Wenchang 16-2 Oilfield Development Project has commenced production. The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 meters. The development of the project mainly leverages the adjacent existing facilities of the Wenchang Oilfields, with addition of a new jacket platform integrating functions such as oil and gas production, offshore drilling and completion operations as well as personnel accommodation. A total of 15 development wells are planned to be commissioned. The project is expected to achieve a plateau production of approximately 11,200 barrels of oil equivalent per day in 2027. The oil property is light crude. CNOOC Limited holds 100% interest in this project and is the operator.
Declared Dividend • Aug 29First half dividend of HK$0.73 announcedShareholders will receive a dividend of HK$0.73. Ex-date: 11th September 2025 Payment date: 17th October 2025 Dividend yield will be 7.5%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.6% over the next 3 years. However, it would need to fall by 74% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.69 (vs CN¥0.84 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.69 (down from CN¥0.84 in 2Q 2024). Revenue: CN¥100.8b (down 13% from 2Q 2024). Net income: CN¥33.0b (down 18% from 2Q 2024). Profit margin: 33% (down from 35% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Hong Kong.
お知らせ • Aug 27CNOOC Limited Announces Interim DividendThe Board of Directors of CNOOC Limited has resolved to declare an interim dividend of HKD 0.73 per share (tax inclusive).
お知らせ • Aug 08CNOOC Limited Announces Yellowtail Project Commences ProductionCNOOC Limited announced that Yellowtail Project has commenced production safely ahead of schedule. The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1,600-2,000 meters. The main production facilities include 1 floating production, storage and offloading (FPSO) and 1 subsea production system, with 26 production wells and 25 injection wells planned to be commissioned. This FPSO is the largest FPSO on the Stabroek Block with a storage capacity of 2 million barrels. The Liza Phase 1, Liza Phase 2 and Payara Project in Guyana's Stabroek Block have commenced production, with the block currently producing approximately 650,000 barrels of crude oil per day. The Yellowtail Project has a production capacity of 250,000 barrels per day, which will increase the installed production capacity of Stabroek Block to 900,000 barrels of crude Oil per day.
お知らせ • Jul 29CNOOC Limited Brings On-Stream Dongfang 1-1 Gas Field 13-3 Block Development ProjectCNOOC Limited announced that Dongfang 1-1 Gas Field 13-3 Block Development Project has commenced production. The project is the first high-temperature, high-pressure, low-permeability natural gas project offshore China. It is located in the Yinggehai Basin, with an average water depth of approximately 67 meters. The main production facility is a new unmanned wellhead platform and it utilizes the existing processing facilities of the Dongfang gas fields for development. A total of 6 development wells are planned to be commissioned. The project is expected to achieve a peak production of approximately 35 million cubic feet of natural gas per day in 2026. The existing facilities are used to connect the Dongfang 1-1 gas field and Dongfang 13-2 gas field. CNOOC Limited has thereby successfully established an integrated offshore gas production network in the Yinggehai Basin. It will facilitate the stable and reliable supply of natural gas in the region, providing strong support for the economic and social development of Guangdong, Hong Kong, and Hainan. CNOOC Limited holds 100% interest in this project and is the operator.
Board Change • Jul 23Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Zhi Zhong Qiu is the most experienced director on the board, commencing their role in 2019. Independent Non-executive Director Chak Chan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Jul 16CNOOC Limited Achieves Major Exploration Breakthrough in the Deep Plays of the South China SeaCNOOC Limited announced that it has achieved a major breakthrough in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time. The Weizhou 10-5 South Oil and GasField is located in the Beibu Gulf of the South China Sea, with an average water depth of 37 meters. Exploration well WZ10-5S-2d encountered an oil and gas pay zone of 211 meters, with a total drilled depth of 3,362 meters. The test results indicate that the well produces 165,000 cubic feet of natural gas and 400 barrels of crude oil per day. It marks a major exploration breakthrough in the metamorphic sandstone and slate buried hills offshore China.
