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CNOOC Limited Secures Shareholder Approval for Key Transactions

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CNOOC Limited Secures Shareholder Approval for Key Transactions

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CNOOC Limited ( (HK:0883) ) has issued an announcement.

CNOOC Limited held an Extraordinary General Meeting (EGM) on December 16, 2025, where shareholders approved the renewal of Non-exempt Continuing Connected Transactions for 2026 to 2028. The approval of these transactions, along with the proposed caps, indicates strong shareholder support and is expected to enhance the company’s operational continuity and strategic positioning in the energy market.

The most recent analyst rating on (HK:0883) stock is a Hold with a HK$24.50 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 the exploration, development, and production of oil and natural gas. The company is known for its extensive operations in offshore China and is a significant contributor to the energy sector.

Average Trading Volume: 77,637,664

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1022.1B

For a thorough assessment of 0883 stock, go to TipRanks’ Stock Analysis page.

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