0883.HK Stock: CNOOC Limited Stock Price, Analysis & Insights
Get live 0883.hk stock price $20.12, comprehensive CNOOC Limited stock analysis, charts, news, and expert forecast. Real-time 0883.hk stock data and investment insights.
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Company Overview
CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through three segments: E&P, Trading Business, and Corporate. 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. As of December 31, 2021, it had net proved reserves of approximately 5.73 billion barrels of oil equivalent. In addition, the company is involved in the bond issuance; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. CNOOC Limited operates in China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.
Company Information
- CEO
- Hongtao Yan
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Employees
- 22181
Contact Information
- Website
- https://www.cnoocltd.com
- Address
- Bank of China Tower
- Country
- HK
Investment Analysis & Business Insights
Investment Highlights
✓ Market leader with 957.3 billion market capitalization
✓ Strong presence in the Energy sector with established market position
✓ Valuation metrics suggest potential value opportunity (P/E: 7.0)
✓ Lower volatility stock (Beta: 0.33) may provide portfolio stability
Business Model & Strategy
CNOOC Limited operates in the Oil & Gas Exploration & Production industry, focusing on energy exploration, production, and distribution. As a large-cap company, CNOOC Limited benefits from scale advantages, market presence, and established operations. Under the leadership of CEO Hongtao Yan, the company navigates Energy sector dynamics while pursuing growth opportunities. The Oil & Gas Exploration & Production model requires operational efficiency, safety standards, and environmental compliance to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
CNOOC Limited competes in the Oil & Gas Exploration & Production within the broader Energy. With 957.3 billion in market capitalization, the company is positioned as a market leader in its sector. The Energy is characterized by commodity price volatility, energy transition, and geopolitical factors. As a publicly traded company on the Hong Kong Stock Exchange, CNOOC Limited provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating CNOOC Limited should consider industry-specific trends, competitive positioning, and Energy sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for CNOOC Limited shareholders
- ⚠Market volatility can significantly impact stock price, especially for large-cap equities
- ⚠Sector-specific risks in Energy may affect company performance
- ⚠Past performance does not guarantee future results for CNOOC Limited
- ⚠Investors should consider how CNOOC Limited fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
957.28B
P/E Ratio
7.03
Beta
0.33
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Energy leader with 957.28B market capitalization
- Trading Volume: 93.15M shares traded today
- Price Range: 52-week range of $15.50 - $23.30
- Exchange: Listed on Hong Kong Stock Exchange
Financial Metrics
Market Analysis for CNOOC Limited
CNOOC Limited (0883.HK) operates in the Oil & Gas Exploration & Production industry within the Energy sector. With a current market capitalization of 957.28B, the company represents a significant player in its market. The stock is currently trading at $20.12 with a negativedaily change of 0.40%.
The company's 22181 employee base and presence on the Hong Kong Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 7.03, beta of 0.33, and 52-week price range from $15.50 to $23.30when evaluating investment opportunities.
Why Invest in CNOOC Limited?
Strengths
- • Established market presence in Energy
- • Strong financial metrics and market position
- • Listed on major exchange (Hong Kong Stock Exchange)
- • Experienced leadership under Hongtao Yan
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Energy Stocks
About Energy Sector
The Energy sector includes companies that explore, produce, refine, and distribute oil, gas, and other energy resources.
