Company
CNOOC
Official Name: CNOOC Limited
Headquarters: Central, Hong Kong
Founded: August 1999
Employees: 18,151
CEO: Mr. Keqiang Xu
Market Cap
HK$921.97 Billion
HKD as of Jan. 1, 2025
US$118.67 Billion
Top Competitors by Market Capitalization
Industry: Oil & Gas E&P
| Company | Market Cap (USD) |
|---|---|
| ConocoPhillips | $134.52 B |
| EOG Resources, Inc. | $75.36 B |
| Canadian Natural Resources Limited | $66.92 B |
| Mitsui & Co. Ltd | $55.45 B |
| Pioneer Natural Resources Company | $53.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $1.831 T |
| ExxonMobil | $489.92 B |
| Chevron | $278.15 B |
| Shell | $206.56 B |
| PetroChina | $198.37 B |
Detailed Description
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, 2020, it had net proved reserves of approximately 5.37 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 CNOOC (BVI) LTD.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | HK$467.74 B |
| EBITDA | HK$196.80 B |
| Gross Profit TTM | HK$357.62 B |
| Profit Margin | 32.78% |
| Operating Margin | 49.77% |
| Quarterly Revenue Growth | -13.50% |
Stocks & Indices
CNOOC Limited has the following listings and related stock indices.
Stock: HKEX: 0883 wb_incandescent
Stock: NYSE: CEO wb_incandescent
Stock: TSX: CNU wb_incandescent
Stock: FSX: NC2A wb_incandescent
Stock: FSX: NC2B wb_incandescent
Key People
Founder(s): C N O O C
Zhong Hua (CFO), Xia Qinglong (CEO), Yuan Guangyu (President)