600938.SS
Price:
$27.79
Market Cap:
$876.95B
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
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), 600938.SS'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 (600938.SS) 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 PetroChina Company Limited (10.23%), less than Shandong Xinchao Energy Corporation Limited (7.44%), less than CNOOC Energy Technology & Services Limited (13.75%), less than Offshore Oil Engineering Co.,Ltd (7.59%), less than Geo-Jade Petroleum Corporation (5.00%), less than China Merchants Energy Shipping Co., Ltd. (12.45%), less than Nanjing Tanker Corporation (10.82%), less than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (12.17%),
| Company | ROE | Market cap |
|---|---|---|
| 13.60% | $806.54B | |
| 4.33% | $709.77B | |
| 10.23% | $1.77T | |
| 7.44% | $26.18B | |
| 13.75% | $38.93B | |
| 7.59% | $23.92B | |
| 5.00% | $11.04B | |
| 12.45% | $68.71B | |
| 10.82% | $14.65B | |
| 12.17% | $10.16B |
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