CNOOC's earnings are forecast to decline at 0.3% per annum while its annual revenue is expected to grow at 0.2% per year. EPS is expected to decline by 0.02% per annum. Return on equity is forecast to be 13.4% in 3 years.
Key information
-0.3%
Earnings growth rate
-0.025%
EPS growth rate
Oil and Gas earnings growth
4.2%
Revenue growth rate
0.2%
Future return on equity
13.35%
Analyst coverage
Good
Last updated
11 Jun 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
SEHK:80883 - Analysts future estimates and past financials data (CNY Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
434,641
143,572
120,695
235,136
11
12/31/2027
452,019
155,833
126,082
243,140
14
12/31/2026
492,746
169,045
140,504
251,051
12
3/31/2026
407,445
124,663
92,354
206,916
N/A
12/31/2025
398,220
122,082
97,487
209,042
N/A
9/30/2025
406,985
123,248
93,827
209,872
N/A
6/30/2025
401,344
127,738
90,483
211,519
N/A
3/31/2025
415,892
134,780
98,037
218,187
N/A
12/31/2024
420,506
137,936
97,532
220,891
N/A
9/30/2024
435,816
142,857
108,354
233,466
N/A
6/30/2024
451,315
139,813
102,463
228,679
N/A
3/31/2024
430,366
131,449
92,453
217,753
N/A
12/31/2023
416,609
123,843
88,868
209,743
N/A
9/30/2023
417,902
130,577
82,857
197,727
N/A
6/30/2023
411,939
133,574
90,789
202,965
N/A
3/31/2023
429,043
139,512
114,496
218,126
N/A
12/31/2022
422,230
141,700
110,820
205,574
N/A
9/30/2022
383,401
126,251
124,901
210,143
N/A
6/30/2022
338,233
108,878
102,927
185,961
N/A
3/31/2022
284,623
89,815
80,166
163,279
N/A
12/31/2021
246,111
70,320
65,456
147,893
N/A
9/30/2021
214,261
60,124
33,047
128,705
N/A
6/30/2021
191,045
47,902
5,659
112,284
N/A
3/31/2021
170,478
34,571
-699
89,262
N/A
12/31/2020
155,372
24,956
6,920
82,338
N/A
9/30/2020
176,912
33,048
17,230
90,946
N/A
6/30/2020
198,452
41,140
27,539
99,553
N/A
3/31/2020
215,826
51,093
39,523
111,537
N/A
12/31/2019
233,199
61,045
N/A
123,521
N/A
9/30/2019
232,284
59,266
N/A
123,847
N/A
6/30/2019
231,369
57,486
N/A
124,173
N/A
3/31/2019
229,540
55,081
N/A
124,286
N/A
12/31/2018
227,711
52,675
N/A
124,398
N/A
9/30/2018
213,697
43,290
N/A
114,346
N/A
6/30/2018
199,683
33,904
N/A
104,293
N/A
3/31/2018
193,040
29,291
N/A
99,514
N/A
12/31/2017
186,396
24,677
N/A
94,734
N/A
9/30/2017
178,987
24,650
N/A
91,959
N/A
6/30/2017
171,578
24,622
N/A
89,184
N/A
3/31/2017
158,813
12,630
N/A
81,024
N/A
12/31/2016
146,048
637
N/A
72,863
N/A
9/30/2016
147,443
-792
N/A
76,444
N/A
6/30/2016
148,838
-2,222
N/A
80,025
N/A
3/31/2016
160,217
9,012
N/A
80,060
N/A
12/31/2015
171,595
20,246
N/A
80,095
N/A
9/30/2015
197,763
30,793
N/A
83,685
N/A
6/30/2015
223,931
41,339
N/A
87,275
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 80883's earnings are forecast to decline over the next 3 years (-0.3% per year).
Earnings vs Market: 80883's earnings are forecast to decline over the next 3 years (-0.3% per year).
High Growth Earnings: 80883's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 80883's revenue (0.2% per year) is forecast to grow slower than the Hong Kong market (8.7% per year).
High Growth Revenue: 80883's revenue (0.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 80883's Return on Equity is forecast to be low in 3 years time (13.4%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/12 16:06
End of Day Share Price
2026/06/12 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
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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 45 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.