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CNOOC Limited (HK:0883)
HKEX:0883
Holding HK:0883?
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0883 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$11.88 - HK$23.90
Previous CloseHK$18.78
Volume35.35M
Average Volume (3M)94.73M
Market Cap
HK$921.81B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)5.9
Beta0.34
Next Earnings
Oct 24, 2024EPS EstimateN/A
Last Dividend Ex-Date
Sep 12, 2024Dividend Yield6.9%
Share Statistics
EPS (TTM)3.18
Shares OutstandingN/A
10 Day Avg. Volume110,871,547
30 Day Avg. Volume94,729,359
Standard Deviation0.09
R-Squared0.20
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)14.34
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)11.60
P/FCF Ratio7.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$22.90Price Target Upside21.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
CNOOC Limited News
PremiumCompany Announcements
CNOOC Limited Announces Record Interim Results
PremiumCompany Announcements
CNOOC Limited Schedules Key Board MeetingBulls Say, Bears Say
Bulls Say
DividendManagement has committed to pay dividends at the higher of HKD0.70/share or 40% payout.
EarningsRecord-high interim profit for 1H24, beating consensus by 5%, driven by 9% y/y output growth and 5% h/h all-in cost reduction.
Production GrowthCNOOC raised 2024 production target by approximately 8% and aims for 6% average annual production growth through to 2025.
Bears Say
Market SentimentThe potential unwinding of OPEC+’s production cuts could dampen sentiment and weaken the oil price outlook.
Oil Price SensitivityCNOOC's earnings are sensitive to oil prices, which could be influenced by OPEC and US output.
Profit TakingTime to lock in profits after a spectacular rally of over 60% YTD.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
0.00%
Mutual Funds
0.03% Other Institutional Investors
99.97% Public Companies and
Individual Investors
0883 FAQ
What was CNOOC Limited’s price range in the past 12 months?
CNOOC Limited lowest stock price was HK$11.88 and its highest was HK$23.90 in the past 12 months.
What is CNOOC Limited’s market cap?
Currently, no data Available
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Oct 24, 2024 which is in 34 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Aug 28, 2024. The company reported HK$0.923 earnings per share for the quarter, beating the consensus estimate of HK$0.759 by HK$0.165.
Is CNOOC Limited overvalued?
According to Wall Street analysts CNOOC Limited’s price is currently Undervalued.
Does CNOOC Limited pay dividends?
CNOOC Limited pays a Annually dividend of HK$0.74 which represents an annual dividend yield of 6.9%. See more information on CNOOC Limited dividends here
What is CNOOC Limited’s EPS estimate?
CNOOC Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does CNOOC Limited have?
CNOOC Limited has 44,560,400,000 shares outstanding.
What happened to CNOOC Limited’s price movement after its last earnings report?
CNOOC Limited reported an EPS of HK$0.923 in its last earnings report, beating expectations of HK$0.759. Following the earnings report the stock price went down -0.467%.
Which hedge fund is a major shareholder of CNOOC Limited?
Currently, no hedge funds are holding shares in HK:0883
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CNOOC Limited Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
HK$22.90 (21.94% Upside)
HK$22.90 (21.94% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.76%
12-Months-Change
Fundamentals
Return on Equity
20.73%
Trailing 12-Months
Asset Growth
9.54%
Trailing 12-Months
Company Description
CNOOC Limited
CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Production for 2020 averaged 1.44 million barrels of oil equivalent per day (79% oil), and year-end proven reserves were 5.37 billion barrels of oil equivalent, or boe, (73% oil). Assets outside China make up around 33% of production.
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0883 Stock 12 Month Forecast
Average Price Target
HK$22.90
▲(21.94% Upside)
Technical Analysis
Best Analysts Covering 0883
1 Year
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