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0883 Stock Chart & Stats
HK$23.56
-HK$0.46(-1.98%)
At close: 4:00 PM EDT
HK$23.56
-HK$0.46(-1.98%)
Day’s Range― - ―
52-Week RangeHK$18.42 - HK$30.98
Previous CloseN/A
Volume27.69M
Average Volume (3M)61.47M
Market Cap
HK$1.24T
Enterprise ValueHK$824.76K
Total Cash (Recent Filing)HK$240.80B
Total Debt (Recent Filing)HK$69.83B
Price to Earnings (P/E)8.5
Beta0.58
Next Earnings
Aug 26, 2026EPS Estimate
1.31Next Dividend Ex-DateN/A
Dividend Yield5.04%
Share Statistics
EPS (TTM)2.55
Shares Outstanding44,539,953,000
10 Day Avg. Volume72,437,011
30 Day Avg. Volume61,467,658
Financial Highlights & Ratios
PEG Ratio-0.65
Price to Book (P/B)1.13
Price to Sales (P/S)2.28
P/FCF Ratio9.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$27.83Price Target Upside18.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)3.47
Revenue Forecast (FY)HK$484.50B
Bulls Say, Bears Say
Bulls Say
Low LeverageVery low and declining leverage gives CNOOC substantial financial flexibility to fund offshore projects, absorb commodity volatility and maintain shareholder distributions without relying heavily on additional borrowing.
Strong Cash GenerationSustained operating cash flow and sizable free cash flow support investment in reserves and production while providing capacity for debt service and shareholder returns across the commodity cycle.
High ProfitabilityStrong margins and robust net income indicate an efficient upstream portfolio with competitive operating economics, helping the company remain profitable and cash generative even when commodity prices moderate.
Bears Say
Revenue DeclineThe latest contraction in revenue and earnings shows that recent financial performance is not on a sustained growth trajectory, potentially limiting internally funded expansion if weaker results persist.
Commodity Price ExposureDependence on crude oil and natural gas prices creates structural earnings volatility. Production declines, benchmark price movements and project uptime can materially affect revenue and profitability over several quarters.
Moderate FCF ConversionAlthough cash generation is strong, moderate conversion of accounting profit into free cash flow suggests substantial reinvestment needs or working-capital swings, which can constrain distributable cash during development periods.
CNOOC Limited News
0883 FAQ
What was CNOOC Limited’s price range in the past 12 months?
CNOOC Limited lowest stock price was HK$18.42 and its highest was HK$30.98 in the past 12 months.
What is CNOOC Limited’s market cap?
CNOOC Limited’s market cap is HK$1.24T.
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Aug 26, 2026 which is today.
How were CNOOC Limited’s earnings last quarter?
Currently, no data Available
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 Semiannually dividend of HK$0.55 which represents an annual dividend yield of 5.04%. See more information on CNOOC Limited dividends here
What is CNOOC Limited’s EPS estimate?
CNOOC Limited’s EPS estimate is 1.31.
How many shares outstanding does CNOOC Limited have?
CNOOC Limited has 44,539,953,000 shares outstanding.
What happened to CNOOC Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of CNOOC Limited?
Currently, no hedge funds are holding shares in HK:0883
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CNOOC Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.90%
12-Months-Change
Fundamentals
Return on Equity
5.04%
Trailing 12-Months
Asset Growth
-4.22%
Trailing 12-Months
Company Description
CNOOC Limited
CNOOC Limited functions as an investment holding company, with its core business encompassing the full lifecycle of crude oil and natural gas, from exploration and development to production and sales. Its activities are organized across three primary segments: Exploration & Production (E&P), Trading, and Corporate functions. The company primarily extracts offshore crude oil and natural gas from Chinese waters, specifically in the Bohai Sea, Western South China Sea, Eastern South China Sea, and East China Sea regions. Furthermore, CNOOC Limited maintains interests in various oil and gas assets distributed across Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2021, its net proved reserves were approximately 5.73 billion barrels of oil equivalent. Beyond its primary operations, the company also participates in bond issuance, the marketing and sale of petroleum and natural gas, and the surface exploration and commercialization of coalbed methane. With a global presence, CNOOC Limited conducts operations in countries such as China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, and Australia, alongside other international ventures. Founded in 1999 and headquartered in Central, Hong Kong, CNOOC Limited functions as a subsidiary of China National Offshore Oil Corporation.
0883 Stock 12 Month Forecast
Average Price Target
HK$27.83
▲(18.14% Upside)
Technical Analysis
KUNLUN ENERGY
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China Oilfield Services
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PetroChina Company
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China Petroleum & Chemical
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United Energy Group
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