CNOOC Limited

SEHK:883 Stock Report

Market Cap: HK$925.0b

CNOOC Future Growth

Future criteria checks 0/6

CNOOC is forecast to grow earnings and revenue by 1.2% and 1.5% per annum respectively. EPS is expected to grow by 0.7% per annum. Return on equity is forecast to be 13.8% in 3 years.

Key information

1.2%

Earnings growth rate

0.73%

EPS growth rate

Oil and Gas earnings growth2.4%
Revenue growth rate1.5%
Future return on equity13.76%
Analyst coverage

Good

Last updated10 Oct 2025

Recent future growth updates

CNOOC Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next

May 03
CNOOC Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next

CNOOC Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next

Mar 30
CNOOC Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next

CNOOC Limited Just Recorded A 15% Revenue Beat: Here's What Analysts Think

Oct 30
CNOOC Limited Just Recorded A 15% Revenue Beat: Here's What Analysts Think

Recent updates

Returns On Capital Are Showing Encouraging Signs At CNOOC (HKG:883)

Sep 30
Returns On Capital Are Showing Encouraging Signs At CNOOC (HKG:883)

CNOOC (HKG:883) Will Pay A Dividend Of CN¥0.73

Aug 29
CNOOC (HKG:883) Will Pay A Dividend Of CN¥0.73

Is CNOOC (HKG:883) A Risky Investment?

Aug 18
Is CNOOC (HKG:883) A Risky Investment?

CNOOC (HKG:883) Shareholders Will Want The ROCE Trajectory To Continue

Jun 26
CNOOC (HKG:883) Shareholders Will Want The ROCE Trajectory To Continue

We Take A Look At Why CNOOC Limited's (HKG:883) CEO Compensation Is Well Earned

May 29
We Take A Look At Why CNOOC Limited's (HKG:883) CEO Compensation Is Well Earned

CNOOC (HKG:883) Will Pay A Dividend Of CN¥0.66

May 16
CNOOC (HKG:883) Will Pay A Dividend Of CN¥0.66

CNOOC Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next

May 03
CNOOC Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next

Is CNOOC (HKG:883) A Risky Investment?

Apr 16
Is CNOOC (HKG:883) A Risky Investment?

CNOOC Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next

Mar 30
CNOOC Limited Just Missed Revenue By 6.0%: Here's What Analysts Think Will Happen Next

Shareholders Would Enjoy A Repeat Of CNOOC's (HKG:883) Recent Growth In Returns

Feb 23
Shareholders Would Enjoy A Repeat Of CNOOC's (HKG:883) Recent Growth In Returns
User avatar

New Discoveries Like Lingshui 36-1 May Strengthen Operations, But Risks Could Affect Future Results

Strategic focus on cost control and technological advancements are set to enhance net margins and profitability through operational efficiencies and cost reductions.

Insufficient Growth At CNOOC Limited (HKG:883) Hampers Share Price

Jan 21
Insufficient Growth At CNOOC Limited (HKG:883) Hampers Share Price

CNOOC Limited Just Recorded A 15% Revenue Beat: Here's What Analysts Think

Oct 30
CNOOC Limited Just Recorded A 15% Revenue Beat: Here's What Analysts Think

Should You Be Adding CNOOC (HKG:883) To Your Watchlist Today?

Oct 21
Should You Be Adding CNOOC (HKG:883) To Your Watchlist Today?

Earnings and Revenue Growth Forecasts

SEHK:883 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027416,766133,50795,736228,71013
12/31/2026404,983128,87682,017213,83815
12/31/2025409,986133,59677,618208,98514
6/30/2025401,344127,73890,483211,519N/A
3/31/2025415,892134,78098,037218,187N/A
12/31/2024420,506137,93697,532220,891N/A
9/30/2024435,816142,857108,354233,466N/A
6/30/2024451,315139,813102,463228,679N/A
3/31/2024430,366131,44992,453217,753N/A
12/31/2023416,609123,84388,868209,743N/A
9/30/2023417,902130,57782,857197,727N/A
6/30/2023411,939133,57490,789202,965N/A
3/31/2023429,043139,512114,496218,126N/A
12/31/2022422,230141,700110,820205,574N/A
9/30/2022383,401126,251124,901210,143N/A
6/30/2022338,233108,878102,927185,961N/A
3/31/2022284,62389,81580,166163,279N/A
12/31/2021246,11170,32065,456147,893N/A
9/30/2021214,26160,12433,047128,705N/A
6/30/2021191,04547,9025,659112,284N/A
3/31/2021170,47834,571-69989,262N/A
12/31/2020155,37224,9566,92082,338N/A
9/30/2020176,91233,04817,23090,946N/A
6/30/2020198,45241,14027,53999,553N/A
3/31/2020215,82651,09339,523111,537N/A
12/31/2019233,19961,04551,507123,521N/A
9/30/2019232,28459,26662,207123,847N/A
6/30/2019231,36957,48672,907124,173N/A
3/31/2019229,54055,081N/A124,286N/A
12/31/2018227,71152,675N/A124,398N/A
9/30/2018213,69743,290N/A114,346N/A
6/30/2018199,68333,904N/A104,293N/A
3/31/2018193,04029,291N/A99,514N/A
12/31/2017186,39624,677N/A94,734N/A
9/30/2017178,98724,650N/A91,959N/A
6/30/2017171,57824,622N/A89,184N/A
3/31/2017158,81312,630N/A81,024N/A
12/31/2016146,048637N/A72,863N/A
9/30/2016147,443-792N/A76,444N/A
6/30/2016148,838-2,222N/A80,025N/A
3/31/2016160,2179,012N/A80,060N/A
12/31/2015171,59520,246N/A80,095N/A
9/30/2015197,76330,793N/A83,685N/A
6/30/2015223,93141,339N/A87,275N/A
3/31/2015248,53750,769N/A98,892N/A
12/31/2014273,14260,199N/A110,508N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 883's forecast earnings growth (1.2% per year) is below the savings rate (2.7%).

Earnings vs Market: 883's earnings (1.2% per year) are forecast to grow slower than the Hong Kong market (12.7% per year).

High Growth Earnings: 883's earnings are forecast to grow, but not significantly.

Revenue vs Market: 883's revenue (1.5% per year) is forecast to grow slower than the Hong Kong market (8.6% per year).

High Growth Revenue: 883's revenue (1.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 883's Return on Equity is forecast to be low in 3 years time (13.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/14 15:44
End of Day Share Price 2025/10/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CNOOC Limited is covered by 44 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott Lee DarlingBarclays
Xiaohui LauCCB International Securities Limited
Jimmy WongCGS International