CNOOC Limited (883N) Price & Analysis
883N Stock Chart & Stats
- Day’s Range
- N/A
- 52-Week Range
- N/A
- Previous Close
- N/A
- Volume
- N/A
- Average Volume (3M)
- N/A
- Market Cap
- MXN 2.93T
- Enterprise Value
- MXN 670.32B
- Total Cash (Recent Filing)
- MXN 326.21B
- Total Debt (Recent Filing)
- MXN 68.08B
- Price to Earnings (P/E)
- 7.3
- Beta
- 0.00
- Next Earnings
- Apr 01, 2027
- EPS Estimate
- 2.38
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet
CNOOC’s very low and declining leverage provides a durable financial cushion for an upstream business exposed to commodity cycles. The larger equity base and limited debt burden should preserve flexibility to fund projects, sustain operations, and withstand weaker market conditions.
Strong Cash Generation
Consistently substantial operating cash flow demonstrates that CNOOC’s producing asset base converts operations into meaningful funding. Strong obligation coverage and sizable free cash flow support reinvestment and capital allocation while reducing reliance on external financing.
High Profitability
High gross and operating margins indicate a profitable upstream portfolio with meaningful earnings capacity at the operating level. Robust 2025 net income provides an earnings base that can support ongoing field development and help absorb normal industry volatility.
Bears Say
Revenue Cyclicality
The recent revenue contraction and limited growth across prior years show that CNOOC’s top line remains sensitive to commodity prices and production conditions. This cyclicality can make earnings less predictable and may constrain sustained growth even when the underlying assets remain productive.
Moderate Free-Cash-Flow Conversion
Although absolute cash generation is strong, converting only about half of net income into free cash flow limits the cash available after accounting for operating and investment needs. Continued reinvestment requirements or working-capital swings could reduce flexibility for shareholder returns.
Moderating Returns
The decline in return on equity indicates that profitability has moderated from its stronger recent levels, even though the balance sheet remains sound. Lower returns can signal less efficient earnings generation from the expanding equity base and reduce the pace of compounding.
883N FAQ
What is CNOOC Limited’s market cap?
When is CNOOC Limited’s upcoming earnings report date?
How were CNOOC Limited’s earnings last quarter?
Is CNOOC Limited overvalued?
Does CNOOC Limited pay dividends?
What is CNOOC Limited’s EPS estimate?
How many shares outstanding does CNOOC Limited have?
What happened to CNOOC Limited’s price movement after its last earnings report?
Which hedge fund is a major shareholder of CNOOC Limited?
What is the TipRanks Smart Score and how is it calculated?
CNOOC Limited Stock Smart Score
Company Description
CNOOC Limited
CNOOC Limited functions as an investment holding company, with its core business encompassing the full lifecycle of crude oil and natural gas, from exploration and development to production and sales. Its activities are organized across three primary segments: Exploration & Production (E&P), Trading, and Corporate functions. The company primarily extracts offshore crude oil and natural gas from Chinese waters, specifically in the Bohai Sea, Western South China Sea, Eastern South China Sea, and East China Sea regions. Furthermore, CNOOC Limited maintains interests in various oil and gas assets distributed across Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2021, its net proved reserves were approximately 5.73 billion barrels of oil equivalent. Beyond its primary operations, the company also participates in bond issuance, the marketing and sale of petroleum and natural gas, and the surface exploration and commercialization of coalbed methane. With a global presence, CNOOC Limited conducts operations in countries such as China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, and Australia, alongside other international ventures. Founded in 1999 and headquartered in Central, Hong Kong, CNOOC Limited functions as a subsidiary of China National Offshore Oil Corporation.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Yongzhang Huang
- Employees
- 20,810
- Website
- www.cnoocltd.com
- Address
- Bank of China Tower, Hong Kong, 999077, HK






