CNOOC Ltd A (600938)

Shanghai
Currency in CNY
27.22
-0.38(-1.38%)
Closed
600938 Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
High dividend Yield
Fair Value
Day's Range
26.9127.45
52 wk Range
21.9235.62
Key Statistics
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Bid/Ask
27.18 / 27.19
Prev. Close
27.6
Open
27.43
Day's Range
26.91-27.45
52 wk Range
21.92-35.62
Volume
50.1M
Average Volume (3m)
46.36M
1-Year Change
30.68%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
29.61
Upside
+8.76%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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CNOOC Company Profile

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the People’s Republic of China, Canada, and internationally. 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. 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 is a subsidiary of CNOOC (BVI) LTD.

Industry
Oil & Gas
Sector
Energy
Employees
21786
Market
China

Compare 600938 to Peers and Sector

Metrics to compare
600938
Peers
Sector
Relationship
P/E Ratio
6.0x12.6x4.7x
PEG Ratio
0.62−0.470.00
Price/Book
1.2x0.9x1.1x
Price / LTM Sales
2.0x0.9x1.1x
Upside (Analyst Target)
18.1%24.7%28.6%
Fair Value Upside
Unlock15.2%8.7%Unlock

Analyst Ratings

12 Buy
1 Hold
1 Sell
Ratings:
14 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 29.61
(+8.76% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3
Dividend Yield
4.63%
Industry Median 6.16%
Annualised payout
1.2769
Paid unevenly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Oct 28, 2024
EPS / Forecast
0.78 / 0.73
Revenue / Forecast
99.25B / 111.322B
EPS Revisions
Last 90 days

FAQ

What Is the CNOOC (600938) Stock Price Today?

The CNOOC stock price today is 27.22.

What Stock Exchange Does CNOOC Trade On?

CNOOC is listed and trades on the Shanghai stock exchange.

What Is the Stock Symbol for CNOOC?

The stock symbol for CNOOC is "600938."

Does CNOOC Pay Dividends? What’s The Current Dividend Yield?

The CNOOC dividend yield is 4.63%.

What Is the CNOOC Market Cap?

As of today, CNOOC market cap is 854.89B.

What is CNOOC Earnings Per Share?

The CNOOC EPS is 3.00.

What Is the Next CNOOC Earnings Date?

CNOOC will release its next earnings report on 19 Mar 2025.

From a Technical Analysis Perspective, Is 600938 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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