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CNOOC Limited (HK:0883)
HKEX:0883
Holding HK:0883?
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0883 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$12.24 - HK$23.90
Previous CloseHK$17.9
Volume49.23M
Average Volume (3M)121.72M
Market Cap
HK$893.15B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)5.7
Beta0.49
Next Earnings
Mar 20, 2025EPS Estimate
HK$1.46Last Dividend Ex-Date
Sep 12, 2024Dividend Yield7.6%
Share Statistics
EPS (TTM)3.18
Shares OutstandingN/A
10 Day Avg. Volume74,008,332
30 Day Avg. Volume121,715,018
Standard Deviation0.10
R-Squared0.16
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)13.66
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)11.60
P/FCF Ratio7.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$22.95Price Target Upside28.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
CNOOC Limited News
PremiumCompany Announcements
CNOOC Limited Updates Board of Directors Roles
PremiumCompany Announcements
CNOOC Limited Announces Key Leadership Changes
PremiumCompany Announcements
CNOOC Limited Updates Share Registrar in Hong Kong
PremiumCompany Announcements
CNOOC Limited Strengthens Financial Oversight and GovernancePremiumCompany Announcements
CNOOC Limited Highlights Remuneration Committee’s RolePremiumCompany Announcements
CNOOC Limited Shows Strong Profit Growth in Q3 2024Bulls Say, Bears Say
Bulls Say
Cost EfficiencyCNOOC maintains a competitive all-in cost of approximately USD 30 per barrel.
Dividend YieldCNOOC offers a very attractive dividend yield ranging from 6% to 7%.
Production GrowthCNOOC raised its production target by approximately 8% and aims for an average annual production growth of 6% through to 2025.
Bears Say
Earnings SensitivityCNOOC’s earnings are sensitive to oil prices, which are influenced by OPEC and US output.
Oil Price OutlookPotential unwinding of OPEC+’s production cuts could dampen sentiment and weaken the oil price outlook.
Price CorrelationCNOOC's share price closely tracks oil prices, with a strong correlation that could impact investor sentiment.
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Options Prices
Currently, No data available
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Ownership Overview
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Insiders
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Mutual Funds
0.03% Other Institutional Investors
99.97% Public Companies and
Individual Investors
0883 FAQ
What was CNOOC Limited’s price range in the past 12 months?
CNOOC Limited lowest stock price was HK$12.24 and its highest was HK$23.90 in the past 12 months.
What is CNOOC Limited’s market cap?
Currently, no data Available
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Mar 20, 2025 which is in 88 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Oct 28, 2024. The company reported HK$0.832 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.832.
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 Annually dividend of HK$0.74 which represents an annual dividend yield of 7.6%. See more information on CNOOC Limited dividends here
What is CNOOC Limited’s EPS estimate?
CNOOC Limited’s EPS estimate is HK$1.46.
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$0.832 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.163%.
Which hedge fund is a major shareholder of CNOOC Limited?
Currently, no hedge funds are holding shares in HK:0883
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CNOOC Limited Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
HK$22.95 (28.22% Upside)
HK$22.95 (28.22% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
59.24%
12-Months-Change
Fundamentals
Return on Equity
20.73%
Trailing 12-Months
Asset Growth
9.54%
Trailing 12-Months
Company Description
CNOOC Limited
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. Production for 2020 averaged 1.44 million barrels of oil equivalent per day (79% oil), and year-end proven reserves were 5.37 billion barrels of oil equivalent, or boe, (73% oil). Assets outside China make up around 33% of production.
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0883 Stock 12 Month Forecast
Average Price Target
HK$22.95
▲(28.22% Upside)
Technical Analysis
Best Analysts Covering 0883
1 Year
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