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0883 Stock Chart & Stats
HK$26.98
-HK$0.14(-0.74%)
At close: 4:00 PM EST
HK$26.98
-HK$0.14(-0.74%)
Day’s Range― - ―
52-Week RangeHK$18.16 - HK$30.98
Previous CloseN/A
Volume54.59M
Average Volume (3M)61.47M
Market Cap
HK$1.07T
Enterprise ValueHK$926.89B
Total Cash (Recent Filing)HK$240.80B
Total Debt (Recent Filing)HK$69.83B
Price to Earnings (P/E)7.4
Beta0.61
Next Earnings
Aug 31, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend Yield6.76%
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$33.43Price Target Upside23.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)3.48
Revenue Forecast (FY)HK$489.34B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low and improving leverage provides durable financial flexibility. With debt-to-equity near 0.09, CNOOC can better withstand oil price shocks, fund capex or dividends from equity/cash, and access financing on favorable terms during downturns without forcing asset sales.
Robust Cash GenerationConsistently large operating and free cash flows support long-term investment, debt service and shareholder returns. Strong cash coverage ratios (coverage rising to ~2.25x) mean the company can finance development and distributions through cycles without overly relying on external financing.
High And Sustainable MarginsAbove-peer gross and operating margins indicate efficient upstream operations and cost control. Persistent margin strength supports durable earnings generation and healthy returns on equity (14.8% in 2025), underpinning long-term cash returns even if volumes or prices fluctuate.
Bears Say
2025 Revenue And Earnings PullbackA notable decline in 2025 top-line and earnings versus 2024 signals near-term business pressure. Persistent lower revenue can erode margins if fixed costs persist, constrain reinvestment and challenge dividend growth unless production or price trends reverse over the medium term.
Moderate FCF ConversionOnly converting roughly half of accounting profits into free cash reduces available distributable cash. This suggests significant reinvestment, working-capital swings, or non-cash accounting items that limit the portion of earnings usable for dividends, buybacks or debt reduction.
Commodity Price CyclicalityAs an upstream E&P, revenues and margins are tightly tied to volatile oil and gas prices. Structural exposure to commodity cycles creates earnings and cash-flow volatility, complicating long-term planning and making reserve replacement and steady returns more uncertain across cycles.
CNOOC Limited News
0883 FAQ
What was CNOOC Limited’s price range in the past 12 months?
CNOOC Limited lowest stock price was HK$18.16 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$1.07T.
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Aug 31, 2026 which is in 52 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Apr 28, 2026. The company reported HK$0.946 earnings per share for the quarter, missing the consensus estimate of HK$0.969 by -HK$0.023.
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 Quarterly dividend of HK$0.55 which represents an annual dividend yield of 6.76%. See more information on CNOOC Limited dividends here
What is CNOOC Limited’s EPS estimate?
CNOOC Limited’s EPS estimate is 1.29.
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?
CNOOC Limited reported an EPS of HK$0.946 in its last earnings report, missing expectations of HK$0.969. Following the earnings report the stock price went up 1.897%.
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
15.25%
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$33.43
▲(23.90% 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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Options Prices
Currently, No data available
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