883N Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetCNOOC’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 GenerationConsistently 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 ProfitabilityHigh 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 CyclicalityThe 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 ConversionAlthough 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 ReturnsThe 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.
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 $2.93T.
When is CNOOC Limited’s upcoming earnings report date?
CNOOC Limited’s upcoming earnings report date is Apr 01, 2027 which is in 151 days.
How were CNOOC Limited’s earnings last quarter?
CNOOC Limited released its earnings results on Oct 30, 2026. The company reported $1.974 earnings per share for the quarter, missing the consensus estimate of $2.609 by -$0.635.
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 2.38.
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 $1.974 in its last earnings report, missing expectations of $2.609. 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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$79.77 (― Upside)
$79.77 (― 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
16.54%
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.