CNOOC Future Growth

Future criteria checks 0/6

CNOOC's earnings are forecast to decline at 1.9% per annum while its annual revenue is expected to grow at 0.4% per year. EPS is expected to decline by 1.5% per annum. Return on equity is forecast to be 14.8% in 3 years.

Key information

-1.9%

Earnings growth rate

-1.5%

EPS growth rate

Oil and Gas earnings growth-0.8%
Revenue growth rate0.4%
Future return on equity14.8%
Analyst coverage

Good

Last updated02 May 2024

Recent future growth updates

Recent updates

Is CNOOC (HKG:883) A Risky Investment?

Apr 05
Is CNOOC (HKG:883) A Risky Investment?

The Market Doesn't Like What It Sees From CNOOC Limited's (HKG:883) Earnings Yet

Mar 19
The Market Doesn't Like What It Sees From CNOOC Limited's (HKG:883) Earnings Yet

Returns On Capital Are A Standout For CNOOC (HKG:883)

Mar 01
Returns On Capital Are A Standout For CNOOC (HKG:883)

We Think CNOOC (HKG:883) Can Stay On Top Of Its Debt

Jan 05
We Think CNOOC (HKG:883) Can Stay On Top Of Its Debt

Calculating The Intrinsic Value Of CNOOC Limited (HKG:883)

Dec 18
Calculating The Intrinsic Value Of CNOOC Limited (HKG:883)

Here's What To Make Of CNOOC's (HKG:883) Returns On Capital

Feb 23
Here's What To Make Of CNOOC's (HKG:883) Returns On Capital

Consider This Before Buying CNOOC Limited (HKG:883) For The 7.9% Dividend

Feb 02
Consider This Before Buying CNOOC Limited (HKG:883) For The 7.9% Dividend

CNOOC Limited (HKG:883) Shares Could Be 45% Below Their Intrinsic Value Estimate

Jan 13
CNOOC Limited (HKG:883) Shares Could Be 45% Below Their Intrinsic Value Estimate

Would Shareholders Who Purchased CNOOC's (HKG:883) Stock Year Be Happy With The Share price Today?

Dec 23
Would Shareholders Who Purchased CNOOC's (HKG:883) Stock Year Be Happy With The Share price Today?

Is CNOOC (HKG:883) Likely To Turn Things Around?

Nov 24
Is CNOOC (HKG:883) Likely To Turn Things Around?

Earnings and Revenue Growth Forecasts

SEHK:883 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026452,587141,59881,477225,87612
12/31/2025450,416145,301101,956232,21716
12/31/2024439,400144,41986,364216,03214
3/31/2024430,366131,44992,453217,753N/A
12/31/2023416,609123,84388,868209,743N/A
9/30/2023417,902130,57782,857197,727N/A
6/30/2023411,939133,57490,789202,965N/A
3/31/2023429,043139,512114,496218,126N/A
12/31/2022422,230141,700110,820205,574N/A
9/30/2022383,401126,251124,901210,143N/A
6/30/2022338,233108,878102,927185,961N/A
3/31/2022284,62389,81580,166163,279N/A
12/31/2021246,11170,32065,456147,893N/A
9/30/2021214,26160,12433,047128,705N/A
6/30/2021191,04547,9025,659112,284N/A
3/31/2021170,47834,571-69989,262N/A
12/31/2020155,37224,9566,92082,338N/A
9/30/2020176,91233,04817,23090,946N/A
6/30/2020198,45241,14027,53999,553N/A
3/31/2020215,82651,09339,523111,537N/A
12/31/2019233,19961,04551,507123,521N/A
9/30/2019232,28459,26662,207123,847N/A
6/30/2019231,36957,48672,907124,173N/A
3/31/2019229,54055,08173,020124,286N/A
12/31/2018227,71152,67573,132124,398N/A
9/30/2018213,69743,29064,846114,346N/A
6/30/2018199,68333,90456,559104,293N/A
3/31/2018193,04029,29151,78099,514N/A
12/31/2017186,39624,677N/A94,734N/A
9/30/2017178,98724,650N/A91,959N/A
6/30/2017171,57824,622N/A89,184N/A
3/31/2017158,81312,630N/A81,024N/A
12/31/2016146,048637N/A72,863N/A
9/30/2016147,443-792N/A76,444N/A
6/30/2016148,838-2,222N/A80,025N/A
3/31/2016160,2179,012N/A80,060N/A
12/31/2015171,59520,246N/A80,095N/A
9/30/2015197,76330,793N/A83,685N/A
6/30/2015223,93141,339N/A87,275N/A
3/31/2015248,53750,769N/A98,892N/A
12/31/2014273,14260,199N/A110,508N/A
9/30/2014279,88157,935N/A112,313N/A
6/30/2014285,25855,671N/A114,118N/A
3/31/2014285,37256,066N/A112,505N/A
12/31/2013286,16656,461N/A110,891N/A
9/30/2013276,74161,333N/A109,914N/A
6/30/2013267,99666,205N/A108,936N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 883's earnings are forecast to decline over the next 3 years (-1.9% per year).

Earnings vs Market: 883's earnings are forecast to decline over the next 3 years (-1.9% per year).

High Growth Earnings: 883's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 883's revenue (0.4% per year) is forecast to grow slower than the Hong Kong market (8.1% per year).

High Growth Revenue: 883's revenue (0.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 883's Return on Equity is forecast to be low in 3 years time (14.8%).


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