CNOOC Limited Share Price and Company Fundamentals



Price
$11.22
Change
-0.080 (-0.708%)
52 week
7.55 - 11.84

Last traded: Today at 8:08 AM

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 CNOOC (BVI) LTD.

Key Metrics

PE ratio

8.89

PB ratio

0.94

Dividend yield

2.16%

Beta

0.99

Market cap

-

Enterprise value

-

Company profile

Industry / SectorOil & Gas E&P / Energy
Full time employees18887
Websitehttps://www.cnoocltd.com
Mailing addressBank of China Tower 65th Floor 1 Garden Road Central Hong Kong
Phone / Fax852 2213 2500 / 852 2525 9322

Dividends

Dividend yield

2.16%

Dividend amount

$0.24

Payout ratio

35.40%

5Y Avg. yield

5.78%

CNOOC Limited paid $0.24 dividend and the ex-dividend date was 09 June 2022.The dividend payout ratio is 35.40%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.0883 dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

0883's forward dividend amount is $0.6 and the forward dividend yield is 5.39%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2022, following are the company executives and directors listed on CNOOC Limited.

NameTitleAgeTotal Pay
Mr. Qinglong XiaPres & Exec. Director5773.28k
Mr. Xinhuai ZhouCEO & Exec. Director51
Mr. Weizhi XieChief Financial Officer57
Mr. Yugao XuGen. Counsel & Compliance Officer52
Ms. Jing LiuMang. of Media & PR
Mr. Xinjian CaoExec. VP55
Ms. Sik Yu TsueJoint Company Sec.48
Ms. Xiaonan WuJoint Company Sec.54

Profitability and management effectiveness

Profit margin

31.56%

Operating margin

41.84%

Return on assets

9.42%

Return on equity

18.90%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of CNOOC Limited is and its enterprise value is .

The 0883's stocks Beta value is 0.99 making it 1% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

CNOOC Limited (HKEX:0883) Frequently Asked Questions

1. What is CNOOC Limited's Stock Symbol?

CNOOC Limited trades on HKEX under the ticker symbol "0883".

2. What is CNOOC Limited's stock price today?

One share of 0883 stock can currently be purchased for approximately $11.22.

3. How can I contact CNOOC Limited?

CNOOC Limited's mailing address is Bank of China Tower 65th Floor 1 Garden Road Central Hong Kong. The company can be reached via phone at 852 2213 2500.

4. What is CNOOC Limited's official website?

The official website of CNOOC Limited is https://www.cnoocltd.com.