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CNOOC Ltd

0883.HK

Latest Trade

8.49HKD

Change

-0.15(-1.74%)

Volume

48,884,032

Today's Range

8.44

 - 

8.66

52 Week Range

6.24

 - 

14.04

As of on the Hong Kong Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
8.64
Open
8.65
Volume
48,884,032
3M AVG Volume
1,699.68
Today's High
8.66
Today's Low
8.44
52 Week High
14.04
52 Week Low
6.24
Shares Out (MIL)
44,647.46
Market Cap (MIL)
385,754.00
Forward P/E
17.64
Dividend (Yield %)
9.03

Next Event

Half Year 2020 CNOOC Ltd Earnings Release

Latest Developments

More

Suchuang Gas Corp Says Co And CNOOC Gas And Power Group Entered Cooperation Framework Agreement

CNOOC Posts FY Profit Attributable Of RMB61,045 Mln

CNOOC Appoints Hu Guangjie As President

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About CNOOC Ltd

CNOOC Limited is a Hong Kong-based investment holding company principally engaged in the exploration, production and trading of oil and gas. Its businesses include conventional oil and gas businesses, shale oil and gas businesses, oil sands businesses and other unconventional oil and gas businesses. The Company mainly operates businesses through three segments. The Exploration and Production segment is engaged in the exploration, development and production of crude oil, natural gas and other petroleum products. The Trading segment is engaged in the trading of crude oil, natural gas and other petroleum products. The Corporate segment is engaged in corporate-related businesses. The Company mainly operates businesses in China, Canada, the United Kingdom, Nigeria, Indonesia and Brazil, among others.

Industry

Oil & Gas Operations

Contact Info

No. 25, Chaoyangmen North Street

BEIJING, BEJ

100010

China

+86.10.84522973

http://www.cnoocltd.com

Executive Leadership

Dongjin Wang

Non-Executive Chairman of the Board

Guangjie Hu

President, Executive Director

Keqiang Xu

Chief Executive Officer, Executive Director

Weizhi Xie

Chief Financial Officer

Xinjian Cao

Executive Vice President, General Manager - CNOOC China Limited Tianjin Branch

Key Stats

2.05 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, CNY)

2017

186.4K

2018

227.0K

2019

233.2K

2020(E)

156.9K
EPS (CNY)

2017

0.550

2018

1.180

2019

1.370

2020(E)

0.343
Price To Earnings (TTM)
5.66
Price To Sales (TTM)
1.48
Price To Book (MRQ)
0.77
Price To Cash Flow (TTM)
2.91
Total Debt To Equity (MRQ)
35.08
LT Debt To Equity (MRQ)
31.95
Return on Investment (TTM)
9.55
Return on Equity (TTM)
8.45

Latest News

Latest News

CNOOC launches combined Penglai oilfield project in Bohai Bay

* CNOOC Ltd, a listed branch of China National Offshore Oil Corp, has launched its combined Penglai 19-3 Oilfield Area 4 adjustment and Penglai 19-9 oilfield Phase II project

China CNOOC sees Brent at $30-$40/bbl, to cut Canada, U.S. output

China's offshore oil and gas major CNOOC Ltd expects Brent crude oil prices to average $30 to $40 per barrel this year, a company executive said on Wednesday.

China's CNOOC group to trim 2020 investment by up to 15%

China National Offshore Oil Corp (CNOOC) will trim annual investment by 10% to 15% in 2020, while maintaining its goal of increasing domestic crude oil and natural gas production for the year, the company said in a statement on Wednesday.

China's CNOOC to slash capital spending, lower output targets in 2020

China's national offshore energy producer CNOOC Ltd <0883.HK> will "significantly" cut capital expenditure and lower targets for oil and gas output in 2020 as oil prices plunge.

China's CNOOC to make significant cuts in spending amid low oil prices

Chinese offshore oil and gas specialist CNOOC Ltd said on Wednesday it will "significantly" reduce capital spending this year amid sharply lower global oil prices.

China's CNOOC reports 16% rise in net profit in 2019

China's national offshore energy producer CNOOC Ltd reported a 15.9% rise in 2019 profit on Wednesday, its best performance in five years thanks to higher oil and gas output and persistent cost control.

China's CNOOC to load first cargo of Guyanese oil in coming days -official

China's state-controlled oil company CNOOC Ltd is scheduled to load in the coming days its first cargo of crude from Guyana's offshore Liza oil project, the South American country's Director of Energy Mark Bynoe said.

China CNOOC to inject struggling gas, power unit into listed upstream business - sources

* Internal merger plan follows losses at unit's gas trading arm

Chinese oil major CNOOC to lift investment to highest since 2014

Chinese offshore oil and gas major CNOOC plans to lift capital spending to the highest level since 2014, it said on Monday, as it sharpens its focus on domestic drilling.

China's CNOOC plans to lift 2020 capex to highest since 2014

China's offshore oil and gas major CNOOC Ltd is planning to lift capital spending to 85 billion to 95 billion yuan this year, the highest since 2014, as it focuses on domestic drilling, it said on Monday.

Tullow CEO says too early for new investment date on Uganda oil project

It is still too early to give a new timeline on a final green light for investment in Uganda's first oilfields, Tullow Oil Chief Executive Paul McDade said on Wednesday, reiterating Tullow's plan to sell down its stake.

China's CNOOC says COSCO sanctions have impact but oil and gas output unaffected

CNOOC, China's largest offshore oil and gas producer, on Thursday said it would be affected by U.S. sanctions on its COSCO shipping firm but there would be no impact on its oil and gas production.

Sinopec, CNOOC, CNPC set to increase gas supply for winter heating season -Xinhua

* China Petroleum & Chemical Corp, known as Sinopec, said it has secured 8.81 billion cubic metres (bcm) of natural gas for northern China for the upcoming winter heating season, state-owned Xinhua News Agency reported on Tuesday

China's CNOOC looks to replace COSCO-linked LNG tankers after U.S. sanctions: sources

China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company sanctioned by the United States...

China's CNOOC looks to replace COSCO-linked LNG tankers after U.S. sanctions -sources

China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company sanctioned by the United States...

China CNOOC to start pumping at large deepsea gas field at end-2021: official

China's national offshore producer CNOOC Ltd expects its major deepwater gas field Lingshui 17-2 in the South China Sea to start its first gas production at the end of 2021, a company executive said on Tuesday.

Russia's Arctic LNG-2 project to be launched in 2023 -Novatek CEO

Russia's liquefied natural gas project Arctic LNG-2 is expected to be launched in 2023, Novatek CEO Leonid Mikhelson said on Thursday.

Ugandan oil pipeline plan suspended due to collapse of Tullow-Total deal

Work on a pipeline to export Ugandan oil has been suspended, an industry official said on Wednesday, after Tullow Oil's <TLW.L> plan to sell a stake in the project to France's Total <TOTF.PA> and China's CNOOC <0883.HK> was called off last week.

China's CNOOC weathers volatile oil prices with 19% rise in first-half earnings

China's national offshore producer CNOOC Ltd <0883.HK> reported a near 19% rise in first-half profit on Thursday, as higher sales of oil and gas offset weaker global oil prices.

Tullow Oil's sale of stake in Uganda project to Total, CNOOC dropped

Tullow Oil's plan to sell another stake in its 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said on Thursday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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