CNOOC Limited

CNOOC Limitedverified

0883.HK

Price:

$20.58

Market Cap:

$885.46B

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through three segments: E&P, Trading Business, and Corporate. The company 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. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2021, it had net proved reserves of approximately 5.73 billion barrels of oil equivalent. In addition, the company is involved in the bond issuance; sale and marketing of ...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2001-02-28

Stock Exchange

HKSE

Ticker

0883.HK

The Current Ratio as of December 2025 (TTM) for CNOOC Limited (0883.HK) is 2.36

According to CNOOC Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.36. This represents a change of 12.51% compared to the average of 2.10 of the last 4 quarters.

CNOOC Limited (0883.HK) Historical Current Ratio (quarterly & annually)

How has 0883.HK Current Ratio performed in the past?

The mean historical Current Ratio of CNOOC Limited over the last ten years is 2.16. The current 2.36 Current Ratio has changed 10.86% with respect to the historical average. Over the past ten years (40 quarters), 0883.HK's Current Ratio was at its highest in in the December 2006 quarter at 3.31. The Current Ratio was at its lowest in in the December 2013 quarter at 1.14.

Quarterly (TTM)
Annual

Average

2.16

Median

2.22

Minimum

1.66

Maximum

2.58

CNOOC Limited (0883.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CNOOC Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 24.28%

Maximum Annual Current Ratio = 2.58

Minimum Annual Increase = -13.49%

Minimum Annual Current Ratio = 1.66

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.2310.23%
20232.02-13.49%
20222.335.44%
20212.211.41%
20202.18-3.28%
20192.26-12.45%
20182.5814.02%
20172.2624.28%
20161.829.48%
20151.6622.22%

CNOOC Limited (0883.HK) Average Current Ratio

How has 0883.HK Current Ratio performed in the past?

The current Current Ratio of CNOOC Limited (0883.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.19

5-year avg

2.20

10-year avg

2.16

CNOOC Limited (0883.HK) Current Ratio vs. Peers

How is 0883.HK’s Current Ratio compared to its peers?

CNOOC Limited’s Current Ratio is greater than China Shenhua Energy Company Limited (1.43), greater than China Petroleum & Chemical Corporation (0.81), greater than United Energy Group Limited (0.87), greater than PetroChina Company Limited (1.15), greater than JX Energy Ltd. (0.05), greater than MIE Holdings Corporation (0.48), greater than Sunshine Oilsands Ltd. (0.12), greater than China Oil And Gas Group Limited (0.78), greater than Yanchang Petroleum International Limited (0.81), greater than China Oilfield Services Limited (1.05),

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