883N Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low and declining leverage gives CNOOC substantial financial flexibility through commodity cycles. A larger equity cushion reduces balance-sheet risk, supports continued investment in offshore projects, and leaves more capacity for shareholder distributions or strategic opportunities.
Strong Cash GenerationConsistently high operating cash flow demonstrates that the upstream portfolio converts production and earnings into substantial funding. This supports capital spending, debt service and shareholder returns, while the 2025 free-cash-flow recovery indicates meaningful internal financing capacity.
High ProfitabilityStrong gross and operating margins indicate a profitable core upstream model and provide resilience when market conditions are less favorable. Robust net income also gives CNOOC resources to reinvest in reserves and production, reinforcing its earnings base over multiple quarters.
Bears Say
Commodity-cycle ExposureRevenue and earnings remain exposed to oil and gas price cycles, which can weaken results even when operational execution is sound. The 2025 decline and softer profit versus 2024 show that this structural sensitivity can limit the predictability of growth and cash generation.
Moderate Free-cash-flow ConversionAlthough absolute cash generation is strong, converting only about half of net income into free cash flow reduces the portion immediately available for distributions, debt reduction or discretionary investment. Ongoing reinvestment and working-capital swings may therefore constrain cash flexibility.
Moderating Returns And EarningsThe decline in return on equity and softer net income indicate that profitability has moderated from its recent peak. If this trend persists, CNOOC may generate less earnings from its growing equity base, reducing the pace of compounding despite its otherwise strong financial position.
CNOOC Limited News
883N FAQ
What was CNOOC Limited’s price range in the past 12 months?
Currently, no data Available
What is CNOOC Limited’s market cap?
CNOOC Limited’s market cap is $2.63T.
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Oct 22, 2026 which is in 37 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Aug 26, 2026. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $2.823 by -$0.353.
Is CNOOC Limited overvalued?
According to Wall Street analysts CNOOC Limited’s price is currently Undervalued.
Does CNOOC Limited pay dividends?
CNOOC Limited does not currently pay dividends.
What is CNOOC Limited’s EPS estimate?
CNOOC Limited’s EPS estimate is 2.14.
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 $2.47 in its last earnings report, missing expectations of $2.823. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of CNOOC Limited?
Currently, no hedge funds are holding shares in MX:883N
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CNOOC Limited Stock Smart Score
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$67.25 (― Upside)
$67.25 (― Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.00%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
16.52%
Trailing 12-Months
Learn more about TipRanks 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.