Business description: CNOOC Limited

CNOOC Ltd is an investment holding company principally engaged in exploration, development, production and sale of crude oil and natural gas. The Company operates its businesses through three segments. Exploration and Production (E&P) segment is mainly engaged in the exploration and production of conventional oil and gas, shale oil and gas, oil sands and other unconventional oil and gas. Trading Business segment is mainly involved in import and export and crude and gas. Corporate segment is mainly involved in technology development, asset management, product sales and other businesses. The Company conducts its businesses in the domestic market and overseas markets, including Asia, Africa, North America, South America, Oceania and Europe.

Number of employees: 22,181

Sales by Activity: CNOOC Limited

Fiscal Period: December20202021202220232024

Exploration and Production (E&P)

143B 227B 361B 339B 362B

Trading Business

12.1B 18.11B 60.48B 79.31B 55.26B

Eliminations

-158M -171M -857M -2.4B 1.69B

Corporate

321M 707M 1.29B 700M 1.4B
See all business segments

Geographical breakdown of sales: CNOOC Limited

Fiscal Period: December20202021202220232024

People's Republic of China (PRC)

110B 172B 270B 258B 269B

Overseas

45.06B 73.83B 152B 158B 151B
See all geographic segments

Executive Committee: CNOOC Limited

Manager TitleAgeSince
President 55 2024-11-26
Compliance Officer 56 2021-04-30
Corporate Officer/Principal 54 -
Corporate Officer/Principal 51 -
Corporate Officer/Principal 50 1997-06-30
See CNOOC LIMITED governance

Composition of the Board of Directors: CNOOC Limited

Director TitleAgeSince
Director/Board Member 70 2019-05-06
Director/Board Member 68 2022-09-29
Director/Board Member 63 2023-05-30
Director/Board Member 55 2024-11-26
Director/Board Member 59 2024-11-26
Composition of the Board of Directors

Shareholders: CNOOC Limited

NameEquities%Valuation
China State-Owned Assets Supervision & Admn Commission
66.25 %
29,508,353,273 66.25 % 75 076 M $
Da Cheng Fund Management Co., Ltd.
0.2458 %
109,464,997 0.2458 % 279 M $
ICBC UBS Asset Management Co. Ltd.
0.1044 %
46,495,559 0.1044 % 118 M $
First Seafront Fund Management Co., Ltd.
0.0929 %
41,378,000 0.0929 % 105 M $
Invesco Great Wall Fund Management Co. Ltd. (Invt Mgmt)
0.0921 %
41,025,880 0.0921 % 104 M $
NameEquities%Valuation
China State-Owned Assets Supervision & Admn Commission
32.53 %
924,576,006 32.53 % 3 531 M $
Chengtong Mixed Reform Equity Investment Fund Mgmt Co., Ltd.
2.634 %
74,854,800 2.634 % 286 M $
E Fund Management Co., Ltd.
1.862 %
52,906,380 1.862 % 202 M $
Huatai-PineBridge Fund Management Co., Ltd.
1.606 %
45,641,107 1.606 % 174 M $
China Asset Management Co., Ltd.
1.182 %
33,594,800 1.182 % 128 M $
NameEquities%Valuation
37.5 %
55,555,555 37.5 % 212 M $
China CITIC Financial Asset Management Co., Ltd. (Invt Mgmt)
31.25 %
46,296,296 31.25 % 177 M $
China Life Asset Management Co., Ltd.
31.25 %
46,296,296 31.25 % 177 M $
List of CNOOC LIMITED shareholders

Company details: CNOOC Limited

CNOOC Ltd.

Bank of China Tower

999077, Hong Kong

+852 2213 2500

http://www.cnoocltd.com
address CNOOC Limited(883)

Group companies: CNOOC Limited

NameCategory and Sector
Oil & Gas Production
Finance/Rental/Leasing
See all subsidiaries

Other Oil & Gas Exploration and Production

Change 5d. change 1-year change 3-years change Capi.($)
-2.26%+0.65%+19.62%+119.98% 139B
+0.61%+5.64%-9.23%-18.45% 116B
-0.27%+1.42%+5.04%+27.84% 72.07B
+0.01%+4.01%-12.24%-11.09% 60.86B
-0.57%+3.94%-4.93%+16.14% 45.42B
-0.56%+1.02%-10.75%-33.65% 41.8B
+1.02%-0.30%+40.04%+65.21% 37.87B
+0.20%+0.16%+5.93%-26.85% 31.71B
+0.63%+0.76%+27.22%+28.15% 29.26B
+1.13%-0.43%+62.44%+122.08% 24.07B
Average -0.01%+1.69%+12.31%+28.94% 59.74B
Weighted average by Cap. -0.37%+2.90%+7.70%+34.36%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
20.05CNY
Average target price
20.54CNY
Spread / Average Target
+2.45%
Consensus

Quarterly revenue - Rate of surprise

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