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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  CNOOC Ltd    0883   HK0883013259

CNOOC LTD (0883)
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Cnooc, ConocoPhillips Paid $266 Million Compensation After Penglai 19-3 Oil Spill

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04/27/2012 | 12:37pm CEST

Cnooc Ltd. (CEO), China's largest offshore oil producer, and joint-venture partner ConocoPhillips (COP) paid a total of CNY1.683 billion (US$266 million) to compensate for losses related to last year's oil spill at the Penglai 19-3 field in Bohai Bay, Cnooc said Friday.

The Chinese unit of ConocoPhillips contributed the bulk of the funds, which amounted to CNY1.09 billion, to compensate for the damage to marine ecology.

Cnooc and ConocoPhillips also contributed CNY480 million and CNY113 million, respectively, as part of social and environmental responsibilities to Bohai Bay.

-By Wayne Ma, Dow Jones Newswires; +86 10 8400 7714; [email protected]

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Financials ( CNY)
Sales 2017 179 B
EBIT 2017 39 376 M
Net income 2017 27 587 M
Debt 2017 98 061 M
Yield 2017 4,28%
P/E ratio 2017 13,20
P/E ratio 2018 11,33
EV / Sales 2017 2,66x
EV / Sales 2018 2,41x
Capitalization 377 B
Chart CNOOC LTD
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CNOOC Ltd Technical Analysis Chart | 0883 | HK0883013259 | 4-Traders
Technical analysis trends CNOOC LTD
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 9,84  CNY
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Guang Yu Yuan Chief Executive Officer & Director
Ke Qiang Xu President & Executive Director
Hua Yang Chairman
Wei Zhi Xie Chief Financial Officer
Guang Qi Wu Non-Executive Director
Sector and Competitors
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CNOOC LTD3.21%56 959
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