CNOOC Limited Class A

CNOOC Limited Class A

33.72
CNY
-0.08
(-0.24%)
1.29TMarket Cap
Apr 01Next Earn
CNOOC Limited Class A
SSE:600938
(Shanghai Stock Exchange)

Recent

price

33.72

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
4.11
5.46
5.57
6.48
6.3
3.9
3.33
4.26
5.19
5.32
3.54
5.57
9.26
8.86
8.84
8.38
- -
Revenue per Share
1.22
1.57
1.43
1.26
1.35
0.45
0.01
0.55
1.18
1.37
0.56
1.58
3.03
2.6
2.9
2.57
- -
Basic EPS, GAAP
0.7
2.23
1.87
2.33
2.48
1.79
1.63
2.13
2.78
2.64
1.75
3.1
4.12
4.41
4.65
4.4
- -
Free Cash Flow per Basic Share
0.32
0.47
0.35
0.45
0.45
0.46
0.32
0.38
0.53
0.65
0.58
0.46
1.66
1.22
1.28
1.27
- -
Dividend per Share
4.83
5.89
6.94
7.65
8.5
8.65
8.56
8.51
9.4
10.04
9.71
10.77
12.55
14.01
15.73
16.89
18.01
Book Value per Share
4.76
5.86
6.92
7.27
8.13
8.28
8.19
8.17
9.05
9.68
9.38
10.44
12.21
13.66
15.37
16.54
17.68
Tangible Book Value per Share
44,669
44,669
44,646
44,647
44,647
44,647
44,647
44,647
44,647
44,647
44,647
44,647
46,697
47,567
47,553
47,530
47,582
Basic Weighted Avg Shares
183,559
244,078
248,663
289,512
281,067
174,083
148,888
190,197
231,926
237,631
158,097
248,702
432,225
421,530
420,506
398,220
- -
Sales/Revenue/Turnover
38.77
37.13
35.06
27.1
30.25
11.6
6.55
24.28
34.79
36.29
27.17
41.79
44.88
40.64
45.84
43.54
- -
Operating Margin (%)
26,756
30,601
33,298
56,333
58,610
73,599
69,323
61,828
51,215
56,586
53,766
57,085
63,070
70,324
75,843
81,120
- -
Depreciation Expense
54,410
70,255
63,691
56,461
60,199
20,246
637
24,719
52,675
61,045
24,956
70,320
141,700
123,843
137,936
122,082
- -
Net Income, GAAP
25.06
24.1
29.37
30.17
27.04
- -
- -
32.07
29.91
28.73
28.51
26.63
27.26
28.26
27.37
28
- -
Effective Tax Rate (%)
29.64
28.78
25.61
19.5
21.42
11.63
0.43
13
22.71
25.69
15.79
28.27
32.78
29.38
32.8
30.66
- -
Profit Margin (%)
31,243
61,707
88,457
17,604
37,210
55,831
54,955
77,426
116,994
114,686
88,539
114,031
151,288
126,336
145,734
204,130
253,141
Working Capital
11,716
18,076
29,056
82,011
105,383
131,060
130,798
118,358
133,479
143,214
131,035
118,605
109,706
96,066
69,539
66,446
64,039
LT Debt
215,766
262,856
309,780
341,620
379,610
386,041
382,371
379,975
419,910
448,226
433,930
481,976
598,383
667,876
749,436
805,184
858,559
Total Equity
23.27
24.19
17.66
12.44
11.58
- -
- -
4.75
10.24
10
4.31
11.56
20.34
15.41
16.03
13.93
- -
Return on Invested Capital (%)
24.98
26.02
19.36
13.97
12.87
- -
- -
5.39
10.47
11.15
4.96
12.51
21.64
16.76
17.47
14.76
- -
Return on Capital (%)
27.92
29.36
22.24
17.34
16.69
5.29
0.17
6.48
13.17
14.06
5.66
15.38
26.29
19.6
19.51
15.75
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,354
- -
4,049
LT Borrowings
58,832
- -
56,125
LT Finance Leases
7,614
- -
7,914
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47,530
47,737
47,530
Market Capitalization
1,434,454
1,909,463
1,290,438

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
295,383
- -
393,809
Cash, Cash Equivalents & STI
240,693
- -
326,270
Accounts Receivable, Net
32,971
- -
43,960
Inventories
6,090
- -
6,725
Total Current Liabilities
91,253
- -
140,668
Payables & Accruals
- -
- -
- -
ST Debt
3,354
- -
4,049
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.9%
13.3%
7.44%
Free Cash Flow
13.87%
25.12%
-5.36%
Net Income, GAAP
402.41%
54.12%
-11.49%
Sales/Revenue/Turnover
12.73%
24.62%
-5.3%
Total Cash Common Dividend
27.66%
47.24%
-0.72%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
111,468
115,302
99,254
100,230
420,506
2025
- -
- -
- -
- -
398,220
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.84
0.84
0.78
0.45
2.9
2025
- -
- -
- -
- -
2.57
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
- -
0.61
1.28
2025
- -
- -
- -
- -
1.27
2026
- -
- -
- -
- -
- -
Business
CNOOC Limited CNOOC Limited is China's largest independent offshore oil and gas company and one of the largest globally, engaging in the exploration, development, production and sale of crude oil and natural gas. The company operates primarily offshore in Bohai, Western South China Sea, Eastern South China Sea and East China Sea regions within China, as well as onshore unconventional gas, oil sands, shale oil and gas in China; it holds interests in oil and gas assets across Asia, Africa, North America, South America, Oceania and Europe, with additional involvement in petroleum and natural gas trading. Incorporated in 1999 and headquartered in Hong Kong, CNOOC Limited is a subsidiary of CNOOC (BVI) Ltd. Recent developments include bringing on-stream multiple projects such as Wenchang 16-2 oilfield, Dongfang 1-1 gas field, Kenli 10-2 oilfields (Phase I) and Yellowtail project in 2025; subsidiaries signing production sharing contracts for exploration blocks in Indonesia and Brazil's Santos and Pelotas Basins; achieving steady production growth and major exploration breakthroughs in the South China Sea's deep plays through the first three quarters of 2025; and leadership change with Zhang Chuanjiang appointed as Chairman.

Company News

  • CNOOC Limited Achieves Strong Start with Dual Growth in Production and Performance in Q1 2026

  • CNOOC Limited Released 2025 Environmental, Social and Governance Report

  • CNOOC Limited erreicht 2025 neue Rekorde bei Reserven und Produktion - Gewinnresistenz konsolidiert sich weiter

  • CNOOC Limited alcanza nuevos récords de reservas y producción en 2025

  • CNOOC Limited Hits New Records of Reserves and Production in 2025, Profit Resilience Continues to Consolidate

  • CNOOC Limited Announces Buzios6 Project Commences Production

  • CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 29-6 in Bohai Sea

  • CNOOC Limited Brings On-stream Xijiang Oilfields 24 Block Development Project