CNOOC Limited
SEHK-883
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$906.44B
EV
HK$755.24B
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$23.5
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%