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CNOOC Limited (600938.SS)

35.97 +0.55 (+1.55%)
At close: October 30 at 3:00:02 PM GMT+8
600938.SS Q3 2026 earnings call
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Chart Range Bar
Loading chart for 600938.SS
  • Previous Close 35.42
  • Open 35.55
  • Bid 35.96 x --
  • Ask 35.97 x --
  • Day's Range 35.10 - 36.04
  • 52 Week Range 26.40 - 44.54
  • Volume 58,919,418
  • Avg. Volume 45,046,346
  • Market Cap (intraday) 1.71T
  • Beta (5Y Monthly) 0.38
  • PE Ratio (TTM) 12.32
  • EPS (TTM) 2.92
  • Earnings Date --
  • Forward Dividend & Yield 1.29 (3.65%)
  • Ex-Dividend Date Oct 16, 2026
  • 1y Target Est 40.01

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide. The company produces offshore crude oil and natural gas primarily in Bohai Sea, the Western South China Sea, the Eastern South China Sea, and the East China Sea in 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 operates as a subsidiary of CNOOC (BVI) LTD.

www.cnoocltd.com

22,045

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Oil & Gas E&P

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is HANG SENG INDEX (^HSI) .

YTD Return

600938.SS
24.13%
HANG SENG INDEX (^HSI)
9.11%

1-Year Return

600938.SS
38.70%
HANG SENG INDEX (^HSI)
11.37%

3-Year Return

600938.SS
109.94%
HANG SENG INDEX (^HSI)
33.83%

5-Year Return

600938.SS
177.55%
HANG SENG INDEX (^HSI)
8.21%

Earnings Trends

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Earnings Per Share

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 112.91B
Earnings 33.3B
Profit Margin 29.49%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
50B
100B
25.0%
30.0%
35.0%

Analyst Insights

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Analyst Price Targets

20.20 Low
40.01 Average
35.97 Current
48.80 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    31.94%

  • Return on Assets (ttm)

    9.98%

  • Return on Equity (ttm)

    16.81%

  • Revenue (ttm)

    433.27B

  • Net Income Avi to Common (ttm)

    138.37B

  • Diluted EPS (ttm)

    2.92

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    326.27B

  • Total Debt/Equity (mrq)

    7.93%

  • Levered Free Cash Flow (ttm)

    87.41B

Company Insights

Research Reports

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