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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$11.88 - HK$23.90
Previous CloseHK$17.1
Volume69.51M
Average Volume (3M)127.09M
Market Cap
HK$847.51B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)5.4
Beta0.42
Next Earnings
Mar 20, 2025EPS Estimate
HK$1.47Last Dividend Ex-Date
Sep 12, 2024Dividend Yield7.6%
Share Statistics
EPS (TTM)3.18
Shares OutstandingN/A
10 Day Avg. Volume117,344,708
30 Day Avg. Volume127,092,676
Standard Deviation0.09
R-Squared0.15
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)13.05
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$23.15Price Target Upside35.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
CNOOC Limited News
PremiumCompany Announcements
CNOOC Limited Strengthens Financial Oversight and GovernancePremiumCompany Announcements
CNOOC Limited Highlights Remuneration Committee’s Role
PremiumCompany Announcements
CNOOC Limited Shows Strong Profit Growth in Q3 2024
PremiumCompany Announcements
CNOOC Limited Announces Record Interim Results
PremiumCompany Announcements
CNOOC Limited Schedules Key Board Meeting
PremiumCompany Announcements
CNOOC Limited’s 2024 AGM Concludes SuccessfullyBulls Say, Bears Say
Bulls Say
Cost CompetitivenessAs the largest offshore exploration and production company in China, CNOOC has a very competitive all-in cost of around USD 30 per barrel.
Dividend YieldCNOOC offers a very attractive dividend yield of 6-7%.
Production GrowthCNOOC raised 2024 production target by approximately 8% and aims for 6% average annual production growth through to 2025.
Bears Say
Earnings SensitivityCNOOC’s earnings is sensitive to oil prices, which would be dictated by output by the Organization of the Petroleum Exporting Countries (OPEC) and the US.
Oil Price OutlookPotential unwinding of OPEC+’s 2mmbpd production cuts could dampen sentiment and weaken oil price outlook towards 2025.
Price CorrelationCNOOC's share price closely tracks oil prices, with a strong correlation coefficient of 0.9.
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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$11.88 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 118 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Oct 28, 2024. The company reported HK$0.838 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.838.
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$1.47.
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$0.838 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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Technicals
SMA
Negative
20 days / 200 days
Momentum
53.95%
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$23.15
▲(35.37% Upside)
Technical Analysis
Best Analysts Covering 0883
1 Year
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