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CNOOC SEHK:883 Stock Report

Last Price

HK$18.48

Market Cap

HK$908.9b

7D

-6.9%

1Y

34.5%

Updated

13 Sep, 2024

Data

Company Financials +

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.

883 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

CNOOC Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CNOOC
Historical stock prices
Current Share PriceHK$18.48
52 Week HighHK$23.90
52 Week LowHK$11.88
Beta0.79
11 Month Change-7.51%
3 Month Change-13.24%
1 Year Change34.50%
33 Year Change129.00%
5 Year Change46.90%
Change since IPO861.50%

Recent News & Updates

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)

Recent updates

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)

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

Jul 01
Calculating The Fair Value Of CNOOC Limited (HKG:883)

CNOOC (HKG:883) Is Due To Pay A Dividend Of CN¥0.66

Jun 09
CNOOC (HKG:883) Is Due To Pay A Dividend Of CN¥0.66

CNOOC's (HKG:883) Dividend Will Be CN¥0.66

May 24
CNOOC's (HKG:883) Dividend Will Be CN¥0.66

CNOOC (HKG:883) Has Announced A Dividend Of CN¥0.66

May 10
CNOOC (HKG:883) Has Announced A Dividend Of CN¥0.66

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)

Shareholder Returns

883HK Oil and GasHK Market
7D-6.9%-8.8%-3.0%
1Y34.5%7.3%-3.5%

Return vs Industry: 883 exceeded the Hong Kong Oil and Gas industry which returned 7.3% over the past year.

Return vs Market: 883 exceeded the Hong Kong Market which returned -3.5% over the past year.

Price Volatility

Is 883's price volatile compared to industry and market?
883 volatility
883 Average Weekly Movement5.6%
Oil and Gas Industry Average Movement7.8%
Market Average Movement6.3%
10% most volatile stocks in HK Market13.2%
10% least volatile stocks in HK Market3.4%

Stable Share Price: 883's share price has been volatile over the past 3 months.

Volatility Over Time: 883's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199921,786Xinhuai 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$908.91b
Earnings (TTM)HK$153.69b
Revenue (TTM)HK$496.11b

5.7x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
883 income statement (TTM)
RevenueCN¥451.32b
Cost of RevenueCN¥119.83b
Gross ProfitCN¥331.48b
Other ExpensesCN¥191.67b
EarningsCN¥139.81b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.94
Gross Margin73.45%
Net Profit Margin30.98%
Debt/Equity Ratio11.6%

How did 883 perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

43%

Payout Ratio