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The latest update is out from CNOOC Limited ( (HK:0883) ).
CNOOC Limited’s third quarter report for 2025 reveals a mixed financial performance. The company reported a revenue increase of 5.7% compared to the same period last year, reaching RMB 104,895 million. However, there was a decline in net profit attributable to equity shareholders by 12.2%, amounting to RMB 32,438 million. The report highlights a decrease in profit before income tax by 8.5% and a reduction in net cash flows from operating activities by 6.0%. Despite these challenges, the company’s total assets grew by 6.6% compared to the end of last year, indicating a strengthening asset base.
The most recent analyst rating on (HK:0883) stock is a Buy with a HK$21.50 price target. To see the full list of analyst forecasts on CNOOC Limited stock, see the HK:0883 Stock Forecast page.
More about CNOOC Limited
CNOOC Limited is a major player in the oil and gas industry, primarily engaged in the exploration, development, and production of crude oil and natural gas. The company operates with a significant focus on offshore China and has a presence in various international markets.
Average Trading Volume: 77,518,417
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$976B
See more insights into 0883 stock on TipRanks’ Stock Analysis page.