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CNOOC Limited (0883.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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11.140+0.320 (+2.96%)
At close: 04:08PM HKT
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Previous close10.820
Bid11.140 x 0
Ask11.160 x 0
Day's range10.920 - 11.240
52-week range7.550 - 11.840
Avg. volume158,526,853
Market cap497.373B
Beta (5Y monthly)N/A
PE ratio (TTM)7.28
EPS (TTM)1.531
Earnings date23 Mar 2022 - 28 Mar 2022
Forward dividend & yield0.60 (5.63%)
Ex-dividend date09 Jun 2022
1y target est13.87
  • Reuters

    Exclusive-China's oil champion prepares Western retreat over sanctions fear

    China's top offshore oil and gas producer CNOOC Ltd. is preparing to exit its operations in Britain, Canada and the United States, because of concerns in Beijing the assets could become subject to Western sanctions, industry sources said. Ties between China and the West have long been strained by trade and human rights issues and the tension has grown following Russia's invasion of Ukraine, which China has refused to condemn. The United States said last week China could face consequences if it helped Russia to evade Western sanctions that have included financial measures that restrict Russia's access to foreign currency and make it complicated to process international payments.

  • Reuters

    Exclusive-China's CNOOC plans North Sea oil exit in strategic shift

    LONDON (Reuters) -China's biggest offshore producer CNOOC Ltd is preparing to exit one of the North Sea's largest field in a strategic shift of focus to newer oil and gas developments and away from Western assets, banking and industry sources said. CNOOC has hired Bank of America to start preparing a formal sale of its North Sea assets, which could raise more than $3 billion, the four sources said. CNOOC declined to comment.