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Smart Investors Daily
CE

NYSE · CEO

CNOOC Limited

Energy · Oil & Gas Exploration & Production

$121.76

Up+$0.00 (+0.00%)

Updated Sep 10, 2026, 7:58 PM

SID Score

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Smart Money

Institutional and insider signal

Market cap
5.97B
P/E ratio
7.04
Dividend yield
0.00%
52-week range
— – —
Volume
96.5K
Avg. volume
3.97K

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Overview

Company profile and research snapshot.

Company profile

CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil and natural gas in offshore China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. The company operates through three segments: E&P, Trading Business, and Corporate. It 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. The company also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2019, it had net proved reserves of approximately 5.18 billion barrels of oil equivalent. In addition, the company is involved in the issuance of bonds; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

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Analyst outlook

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Consensus
Average target
$351.00
Implied upside
Analysts
CEO recent ratings
DateFirmRatingTarget
Dec 1, 2020BernsteinMarket Perform
Mar 26, 2020CFRAHold
Mar 12, 2020Credit SuisseUnderperform
Mar 11, 2020CitigroupNeutral
Mar 10, 2020Daiwa CapitalNeutral
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