0883.HK
Price:
$20.84
Market Cap:
$896.54B
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
According to CNOOC Limited’s latest financial reports and current stock price. The company's current ROE is 16.65%. This represents a change of 80.84% compared to the average of 9.21% of the last 4 quarters.
The mean historical ROE of CNOOC Limited over the last ten years is 11.92%. The current 16.65% ROE has changed 39.71% with respect to the historical average. Over the past ten years (40 quarters), 0883.HK's ROE was at its highest in in the January 2009 quarter at 51.02%. The ROE was at its lowest in in the June 2016 quarter at -2.09%.
Average
11.92%
Median
13.08%
Minimum
0.17%
Maximum
23.73%
Discovering the peaks and valleys of CNOOC Limited ROE, 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 = 3.80%
Maximum Annual ROE = 23.73%
Minimum Annual Increase = -96.82%
Minimum Annual ROE = 0.17%
| Year | ROE | Change |
|---|---|---|
| 2024 | 18.45% | -0.68% |
| 2023 | 18.58% | -21.70% |
| 2022 | 23.73% | 62.27% |
| 2021 | 14.62% | 154.12% |
| 2020 | 5.75% | -57.75% |
| 2019 | 13.62% | 8.55% |
| 2018 | 12.55% | 93.21% |
| 2017 | 6.49% | 3.80% |
| 2016 | 0.17% | -96.82% |
| 2015 | 5.24% | -66.93% |
The current ROE of CNOOC Limited (0883.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
20.25%
5-year avg
16.23%
10-year avg
11.92%
CNOOC Limited’s ROE is less than China Shenhua Energy Company Limited (13.60%), less than China Petroleum & Chemical Corporation (4.33%), less than United Energy Group Limited (9.87%), less than PetroChina Company Limited (10.23%), less than JX Energy Ltd. (98.72%), less than MIE Holdings Corporation (15.69%), greater than Sunshine Oilsands Ltd. (-93.21%), less than China Oil And Gas Group Limited (0.95%), less than Yanchang Petroleum International Limited (4.14%), less than China Oilfield Services Limited (8.71%),
| Company | ROE | Market cap |
|---|---|---|
| 13.60% | $789.26B | |
| 4.33% | $729.47B | |
| 9.87% | $11.05B | |
| 10.23% | $2.00T | |
| 98.72% | $115.58M | |
| 15.69% | $94.82M | |
| -93.21% | $125.88M | |
| 0.95% | $821.48M | |
| 4.14% | $462.04M | |
| 8.71% | $60.87B |
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