Company Overview

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through three segments: E&P, Trading Business, and Corporate. The company produces offshore crude oil and natural gas primarily in Bohai, the Western South China Sea, the Eastern South China Sea, and the East China Sea in offshore China. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2021, it had net proved reserves of approximately 5.73 billion barrels of oil equivalent. In addition, the company is involved in the bond issuance; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. CNOOC Limited operates in China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

  • Name

    CNOOC Limited

  • CEO

    Mr. Xinhuai Zhou

  • Website

    www.cnoocltd.com

  • Sector

    Oil, Gas and Consumable Fuels

  • Year Founded

    1999

Profile

  • Market Cap

    HK$922.44B

  • EV

    HK$771.25B

  • Shares Out

    47.53B

  • Revenue

    CN¥451.32B

  • Employees

    21,786

Margins

  • Gross

    73.45%

  • EBITDA

    57.63%

  • Operating

    41.2%

  • Pre-Tax

    42.57%

  • Net

    30.98%

  • FCF

    22.7%

Returns (5Yr Avg)

  • ROA

    10.28%

  • ROTA

    16.67%

  • ROE

    16.16%

  • ROCE

    15.82%

  • ROIC

    12.44%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    HK$23.53

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    CN¥235.54B

  • Net Debt

    -CN¥142.42B

  • Debt/Equity

    0.13

  • EBIT/Interest

    67.71

Growth (CAGR)

  • Rev 3Yr

    33.18%

  • Rev 5Yr

    14.3%

  • Rev 10Yr

    4.69%

  • Dil EPS 3Yr

    39.93%

  • Dil EPS 5Yr

    17.95%

  • Dil EPS 10Yr

    9.02%

  • Rev Fwd 2Yr

    4.19%

  • EBITDA Fwd 2Yr

    7.69%

  • EPS Fwd 2Yr

    10.28%

  • EPS LT Growth Est

    -2.85%

Dividends

  • Yield

  • Payout

    43.46%

  • DPS

    CN¥1.28

  • DPS Growth 3Yr

    42%

  • DPS Growth 5Yr

    14.4%

  • DPS Growth 10Yr

    11.05%

  • DPS Growth Fwd 2Yr

    4.1%

SEHK:883