CNOOC Limited

CNOOC Limitedverified

600938.SS

Price:

$28.25

Market Cap:

$866.14B

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through, E&P and Trading Business segments. 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. In addition, the company is involved in the sales and trading of petroleum and natural gas; oil sands exploration, development, and production; and exploration, development, and production of unconventional n...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2022-04-21

Stock Exchange

SHH

Ticker

600938.SS

The Enterprise Value as of December 2025 (TTM) for CNOOC Limited (600938.SS) is 844.44B

According to CNOOC Limited’s latest financial reports and current stock price. The company's current Enterprise Value is 844.44B. This represents a change of 9.73% compared to the average of 769.57B of the last 4 quarters.

CNOOC Limited (600938.SS) Historical Enterprise Value (quarterly & annually)

How has 600938.SS Enterprise Value performed in the past?

The mean historical Enterprise Value of CNOOC Limited over the last ten years is 530.98B. The current 844.44B Enterprise Value has changed 15.80% with respect to the historical average. Over the past ten years (40 quarters), 600938.SS's Enterprise Value was at its highest in in the June 2024 quarter at 985.30B. The Enterprise Value was at its lowest in in the December 2005 quarter at 231.33B.

Quarterly (TTM)
Annual

Average

530.98B

Median

536.05B

Minimum

385.69B

Maximum

791.63B

CNOOC Limited (600938.SS) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of CNOOC Limited Enterprise Value, 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 = 42.47%

Maximum Annual Enterprise Value = 791.63B

Minimum Annual Increase = -39.23%

Minimum Annual Enterprise Value = 385.69B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024791.63B42.47%
2023555.66B31.73%
2022421.80B9.36%
2021385.69B-0.91%
2020389.22B-39.23%
2019640.44B6.98%
2018598.64B9.29%
2017547.76B4.47%
2016524.35B15.35%
2015454.57B-7.99%

CNOOC Limited (600938.SS) Average Enterprise Value

How has 600938.SS Enterprise Value performed in the past?

The current Enterprise Value of CNOOC Limited (600938.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

589.70B

5-year avg

508.80B

10-year avg

530.98B

CNOOC Limited (600938.SS) Enterprise Value vs. Peers

How is 600938.SS’s Enterprise Value compared to its peers?

CNOOC Limited’s Enterprise Value is greater than China Shenhua Energy Company Limited (667.25B), greater than China Petroleum & Chemical Corporation (730.47B), less than PetroChina Company Limited (1.84T), greater than Shandong Xinchao Energy Corporation Limited (30.50B), greater than CNOOC Energy Technology & Services Limited (35.87B), greater than Offshore Oil Engineering Co.,Ltd (17.68B), greater than Geo-Jade Petroleum Corporation (10.74B), greater than China Merchants Energy Shipping Co., Ltd. (94.27B), greater than Nanjing Tanker Corporation (10.39B), greater than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (13.40B),

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