CNOOC Ltd 00883

Morningstar Rating
HK$23.52 −0.44 (1.84%)
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Company Report

Price vs Fair Value

00883 is trading at a LOCK|>y#Kk^ premium.
Price
HK$23.96
Fair Value
Lk
Uncertainty
LOCK|p%
1-Star Price
LOCK|.b
5-Star Price
LOCK|.Hd
Economic Moat
LOCK|Ss
Capital Allocation
LOCK|GQ@N@YQ

Bulls Say, Bears Say

Bulls

With purely upstream activities, CNOOC's fair value estimate and earnings would benefit significantly from a rise in oil prices and/or output.

Bears

The state-owned nature of CNOOC places national interests above investors' interests.

News

Trading Information

Previous Close Price
HK$23.96
Day Range
HK$23.44–23.96
52-Week Range
HK$18.42–30.98
Bid/Ask
HK$23.50 / HK$23.52
Shares Outstanding
47.53B
Market Cap
HK$1.12T
Volume/Avg
16M / 64M

Key Statistics

Price/Earnings (Normalized)
7.49
Price/Sales
2.35
Dividend Yield (Trailing)
6.22%
Dividend Yield (Forward)
6.22%
Dividend Payment Schedule
Jul, Oct
Total Yield
6.22%

Company Profile

CNOOC is China’s main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Net production for 2025 reached 777.3 million barrels of oil equivalent (77.2% oil), and year-end proven reserves were 7.77 billion barrels of oil equivalent. Assets outside China make up around 30.9% of production.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Large Value
Total Number of Employees
22,045

Competitors

Valuation

Metric
00883
XOM
00857
Price/Earnings (Normalized)
7.4919.918.98
Price/Book Value
1.152.600.94
Price/Sales
2.351.920.54
Price/Cash Flow
4.2710.413.52
Price/Earnings
00883
XOM
00857

Financial Strength

Metric
00883
XOM
00857
Quick Ratio
2.630.740.68
Current Ratio
2.801.041.15
Interest Coverage
29.7959.5215.35
Quick Ratio
00883
XOM
00857

Profitability

Metric
00883
XOM
00857
Return on Assets (Normalized)
12.35%8.50%7.42%
Return on Equity (Normalized)
17.27%14.95%13.51%
Return on Invested Capital (Normalized)
15.99%12.72%10.25%
Return on Assets
00883
XOM
00857

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