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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$18.32 - HK$30.98
Previous CloseN/A
Volume27.69M
Average Volume (3M)61.47M
Market Cap
HK$1.15T
Enterprise ValueHK$824.76K
Total Cash (Recent Filing)HK$240.80B
Total Debt (Recent Filing)HK$69.83B
Price to Earnings (P/E)7.8
Beta0.58
Next Earnings
Aug 31, 2026EPS Estimate
1.3Next Dividend Ex-DateN/A
Dividend Yield5.29%
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)3.5
Revenue Forecast (FY)HK$493.02B
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetA very low and improving debt-to-equity (0.09 in 2025) and a material equity cushion increase financial resilience. This higher flexibility supports capital allocation to capex, dividends or opportunistic M&A and helps absorb upstream cyclicality without stressing liquidity.
Robust Operating Cash Flow And CoverageConsistently very large operating cash flows and sizable free cash flow provide durable internal funding for development, maintenance capex, and shareholder returns. Strong coverage ratios lower refinancing risk and enable stable execution across oil‑price cycles.
High Profitability And MarginsSustained high margins and a healthy ROE indicate efficient upstream operations and cost control versus peers. Robust earnings generation supports reinvestment and distributions, making the core business durable even when top‑line growth moderates.
Bears Say
Revenue And EPS Weakness / CyclicalityRecent declines in revenue and EPS reflect the company’s sensitivity to volatile commodity markets; such step‑downs reduce near‑term earnings visibility and can force tradeoffs between capex, maintenance and shareholder payouts during weaker price cycles.
Moderate Free‑cash‑flow ConversionWhile absolute FCF is large, sub‑100% conversion (≈47%) shows a gap between accounting profits and cash available for discretionary uses. Persistent reinvestment needs or working capital swings can constrain buybacks/dividends and limit flexibility in downturns.
Commodity And Fiscal ExposureDependence on hydrocarbon prices and project fiscal regimes means returns can shift materially with benchmarks or regulation. Offshore and PSC‑style contracts create variable government takes and reduce predictability of after‑tax cash flows over months to years.
CNOOC Limited News
0883 FAQ
What was CNOOC Limited’s price range in the past 12 months?
CNOOC Limited lowest stock price was HK$18.32 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$1.15T.
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Aug 31, 2026 which is in 30 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Apr 28, 2026. The company reported HK$0.952 earnings per share for the quarter, missing the consensus estimate of HK$0.975 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 Semiannually dividend of HK$0.55 which represents an annual dividend yield of 5.29%. See more information on CNOOC Limited dividends here
What is CNOOC Limited’s EPS estimate?
CNOOC Limited’s EPS estimate is 1.3.
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$0.952 in its last earnings report, missing expectations of HK$0.975. 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
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
HK$27.83 (18.14% Upside)
HK$27.83 (18.14% Upside)
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.90%
12-Months-Change
Fundamentals
Return on Equity
5.29%
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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