CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide. The company produces offshore crude oil and natural gas primarily in Bohai Sea, the Western South China Sea, the Eastern South China Sea, and the East China Sea in China. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. In addition, the company is involved in the sales and trading of petroleum and natural gas; oil sands exploration, development, and production; and exploration, development, and production of unconventional natural gas resources in onshore China, as well as in shale oil and gas activities. The company was incorporated in 1999 and is based in Hong Kong. CNOOC Limited operates as a subsidiary of CNOOC (BVI) LTD.
Research context
CNOOC Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
CNOOC Limited is currently in a long term uptrend where the price is trading 8.1% above its 200 day moving average.
From a valuation standpoint, the stock is 12.9% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.9.
CNOOC Limited's total revenue sank by 35.0% to $81B since the same quarter in the previous year.
Its net income has dropped by 52.7% to $15B since the same quarter in the previous year.
Finally, its free cash flow fell by 47.8% to $17B since the same quarter in the previous year.
Based on the above factors, CNOOC Limited gets an overall score of 2/5.