Onshore and Offshore WindClean EnergyNatural ResourcesOil and GasRenewable Energy
Description
CNOOC Limited, an upstream company, engages in the exploration, development and production of oil and natural gas. The company is a subsidiary of China National Offshore Oil Corporation (CNOOC).
Proved Reserves
As of December 31, 2020, the company…
Analysis
Bargain bin
CNOOC Limited is priced cheaply, and that invites the natural question of why, since the underlying business scores below average. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is attractive. The owner-earnings multiple stands at 12.3×; owner earnings: the cash an owner could take out each year.
Growth is moderate; the safety picture is sturdy. The company scores 16/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Feb 202636
98
2026
All-time high
98
Jun 2026
All-time low
36
Feb 2026
Average rank
72
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
16
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Price/Earnings
61
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Price/Book
19
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Dividend Yield
97
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Value (overall)
34
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Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.