CNOOC Ltd
00883: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !cX | LOCK|!D | LOCK|#LRfFM |
CNOOC Earnings: Rising Output and Cost Control Mitigate Lower Oil Prices
CNOOC's nine-month net profit declined 13% year on year, largely in line with a 14% drop in realized oil price, partially offset by a 7% increase in net production.
