CNOOC Ltd

00883: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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CNOOC Earnings: Effective Cost Control Delivers Better-Than-Expected Results

Chokwai Lee

Aug 28, 2025

CNOOC's first-half net profit declined 13% year on year, broadly in line with the drop in realized oil price. The weaker oil prices were partly offset by a 6% increase in net production and a 1% increase in the realized gas price.

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CNOOC Ltd

CNOOC Earnings: Effective Cost Control Delivers Better-Than-Expected Results

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