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An update from CNOOC Limited ( (HK:0883) ) is now available.
In the first half of 2025, CNOOC Limited navigated a challenging market environment by increasing its oil and gas reserves and production, achieving significant exploration successes offshore China and expanding overseas potential in Guyana and Kazakhstan. The company also made strides in green transformation and technological innovation, with record-high production levels and advancements in digital solutions. Despite a decrease in oil and gas sales and net profit, CNOOC maintained a strong operational foundation and declared an interim dividend, reflecting its commitment to shareholder returns.
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, focusing on exploration, development, and production. The company is involved in both domestic and international projects, with a strong emphasis on technological innovation and green transformation.
Average Trading Volume: 81,490,287
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$929B
Find detailed analytics on 0883 stock on TipRanks’ Stock Analysis page.