Company CNOOC Limited

Equities

883 HK0883013259

Oil & Gas Exploration and Production

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for CNOOC Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Oil & Gas Exploration and Production

Market Closed - Hong Kong S.E. Other stock markets 04:09:13 2024-04-23 am EDT			5-day change	1st Jan Change
18.42 ^HKD	+1.43%		-4.95%	+41.69%

Apr. 19	Hong Kong Shares Drop Amid Rising Middle East Tensions	MT
Apr. 19	Oil Stocks Rise in Asia on Reports of Israeli Counterstrikes on Iran	DJ

CNOOC is one of the Chinese largest oil and gas groups. Net sales (including intragroup) break down by activity as follows:

- production and sale of hydrocarbons (76.4%): crude oil (380.1 million barrels sold in 2017) and natural gas (11.9 billion m3 sold);

- oil products trading (23.4%);

- other (0.2%).

Number of employees: 21,786

HKD in Million	2022	Weight	2023	Weight	Delta
Trading 77.6 %	372,272	75.8 %	357,313	77.6 %	-4.02%
Exploration and Production 22.3 %	118,230	24.1 %	102,490	22.3 %	-13.31%
Corporate Segment 0.1 %	500	0.1 %	549	0.1 %	+9.83%

HKD in Million	2022	Weight	2023	Weight	Delta
China 61.6 %	314,241	64.0 %	283,740	61.6 %	-9.71%
International 38.4 %	176,761	36.0 %	176,612	38.4 %	-0.08%

Managers	Title	Age	Since
Xin Huai Zhou CEO	Chief Executive Officer	54	22-04-27
Wang Xin DFI	Director of Finance/CFO	-	15-12-31
Dong Jin Wang CHM	Chairman	62	18-02-28
Yu Gao Xu CMP	Compliance Officer	55	20-05-31
Dong Fen Wen BRD	Director/Board Member	60	17-10-31
Jie Wen Li IRC	Investor Relations Contact	59	06-09-30
Hongtao Yan PRN	Corporate Officer/Principal	54	-

Members of the board	Title	Age	Since
Zhi Zhong Qiu BRD	Director/Board Member	69	19-05-06
Sung Hong Chiu BRD	Director/Board Member	77	99-09-06
Dong Jin Wang CHM	Chairman	62	18-02-28
Dong Fen Wen BRD	Director/Board Member	60	17-10-31
Bo Qiang Lin BRD	Director/Board Member	67	22-09-29
Shuk Yin Li BRD	Director/Board Member	62	23-05-30
Xin Huai Zhou CEO	Chief Executive Officer	54	22-04-27

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	44,576,763,984	15,066,360,711 ( 33.80 %)	0	33.80 %

Name	Equities	%	Valuation
China State-Owned Assets Supervision & Admn Commission 66.20 %	29,508,353,273	66.20 %	68 319 M $
Invesco Great Wall Fund Management Co. Ltd. (Invt Mgmt) 0.3699 %	164,897,000	0.3699 %	382 M $
Fullgoal Fund Management Co., Ltd. 0.1873 %	83,498,655	0.1873 %	193 M $
Da Cheng Fund Management Co., Ltd. 0.1737 %	77,409,797	0.1737 %	179 M $
Essence Fund Co., Ltd. 0.1648 %	73,471,000	0.1648 %	170 M $
Zhong Ou Asset Management Co., Ltd 0.1568 %	69,894,000	0.1568 %	162 M $
Orient Securities Asset Management Co. Ltd. 0.1536 %	68,464,000	0.1536 %	159 M $
Skagen AS (Investment Management) 0.1479 %	65,911,000	0.1479 %	153 M $
GF Fund Management Co., Ltd. 0.1119 %	49,884,520	0.1119 %	115 M $
China Southern Asset Management Co., Ltd. 0.1034 %	46,108,000	0.1034 %	107 M $

Name	Equities	%	Valuation
China State-Owned Assets Supervision & Admn Commission 34.05 %	967,766,309	34.05 %	3 914 M $
Guoxin New Trends Beijing Private Equity Fund Management Co. 7.397 %	210,224,132	7.397 %	850 M $
Chengtong Mixed Reform Equity Investment Fund Mgmt Co., Ltd. 4.275 %	121,481,560	4.275 %	491 M $
Yinhua Fund Management Co., Ltd. 2.003 %	56,909,538	2.003 %	230 M $
Invesco Great Wall Fund Management Co. Ltd. (Invt Mgmt) 1.724 %	48,986,082	1.724 %	198 M $
Anhui State-Owned Assets Sup. & Admin. Commission 1.629 %	46,296,296	1.629 %	187 M $
Tianjin Binhai Dist State Owned Asset Supervision & Mgmt 1.629 %	46,296,296	1.629 %	187 M $
Fullgoal Fund Management Co., Ltd. 1.367 %	38,860,751	1.367 %	157 M $
Zhong Ou Asset Management Co., Ltd 0.8814 %	25,049,215	0.8814 %	101 M $
Essence Fund Co., Ltd. 0.6102 %	17,340,550	0.6102 %	70 M $

Name	Equities	%	Valuation
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 37.50 %	55,555,555	37.50 %	225 M $
China Life Asset Management Co., Ltd. 31.25 %	46,296,296	31.25 %	187 M $
China Huarong Asset Management Co., Ltd. (Invt Port) 31.25 %	46,296,296	31.25 %	187 M $

CNOOC Ltd.

Bank of China Tower 1 Garden Road

999077, Hong Kong

+852 2213 2500

http://www.cnoocltd.com

Name	Category and Sector
NEXEN INC.	Oil & Gas Production
CNOOC Finance (2013) Ltd.	Finance/Rental/Leasing
CNOOC Finance (2014) ULC	Finance/Rental/Leasing
CNOOC Finance (2003) Ltd.	Finance/Rental/Leasing
CNOOC Marketing Canada CNOOC Marketing Canada Investment Banks/BrokersFinance CNOOC Marketing Canada provides oil, gas and power marketing services. The company was founded on March 16, 1995 and is headquartered in Calgary, Canada.	Investment Banks/Brokers
CNOOC Finance (2015) U.S.A. LLC	Finance/Rental/Leasing
CNOOC Marketing U.S.A., Inc.
Nexen Petroleum Nigeria Ltd.
CNOOC U.K. Marketing Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.79 CNY

Average target price

18.74 CNY

Spread / Average Target

+11.66%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Exploration and Production

Other Oil & Gas Exploration and Production

	1st Jan change	Capi.
CNOOC LIMITED	+41.69%	115B
CHEVRON CORPORATION	+8.55%	299B
CONOCOPHILLIPS	+11.42%	151B
CANADIAN NATURAL RESOURCES LIMITED	+21.10%	82.14B
EOG RESOURCES, INC.	+10.71%	77.02B
PIONEER NATURAL RESOURCES COMPANY	+21.62%	63.9B
OCCIDENTAL PETROLEUM CORPORATION	+12.21%	59.39B
HESS CORPORATION	+8.37%	47.98B
DIAMONDBACK ENERGY, INC.	+30.63%	36.15B
WOODSIDE ENERGY GROUP LTD	-8.47%	34.99B

Other Oil & Gas Exploration and Production