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CNOOC Limited (0883.HK)
| Previous close | 10.820 |
| Open | 10.940 |
| Bid | 11.140 x 0 |
| Ask | 11.160 x 0 |
| Day's range | 10.920 - 11.240 |
| 52-week range | 7.550 - 11.840 |
| Volume | |
| Avg. volume | 158,526,853 |
| Market cap | 497.373B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 7.28 |
| EPS (TTM) | 1.531 |
| Earnings date | 23 Mar 2022 - 28 Mar 2022 |
| Forward dividend & yield | 0.60 (5.63%) |
| Ex-dividend date | 09 Jun 2022 |
| 1y target est | 13.87 |
- 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.
