---
title: "CNOOC Limited (00883.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/00883.HK.md"
symbol: "00883.HK"
name: "CNOOC Limited"
industry: "Oil and Gas Exploration and Production"
---

# CNOOC Limited (00883.HK)

| Item | Detail |
|------|--------|
| Industry | Oil and Gas Exploration and Production |
| Location | HK Market |
| Website | [www.cnoocltd.com](https://www.cnoocltd.com) |

## Company Profile

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide. It 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 i...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-16T04:30:10.000Z

**Overall: C (0.47)**

**Industry**: Oil and Gas Exploration and Production

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 14 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -7.57% |  |
| Net Profit YoY | -14.61% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.34 |  |
| Dividend Ratio | 5.73% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 1.15T |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 439.69B |  |


**Multi Score**: C

#### Profit Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 16.39% | A |
| Profit Margin | 30.28% | A |
| Gross Margin | 49.81% | B |

#### Growth Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -7.57% | D |
| Net Profit YoY | -14.61% | D |
| Total Assets YoY | 2.92% | C |
| Net Assets YoY | 7.79% | B |

#### Cash Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 330.22% | C |
| OCF YoY | -7.57% | D |

#### Operating Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.37 | C |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 30.09% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - CNOOC Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "A",
      "indicators": [
        {
          "name": "ROE",
          "value": "16.39%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "30.28%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "49.81%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "D",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-7.57%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-14.61%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.92%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "7.79%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "D",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "330.22%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-7.57%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "C",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.37",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "30.09%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | UNITEDENERGY GP (HK.467) | C | B | B | C | B | B |
| 02 | KING STONE ENGY (HK.663) | B | A | D | B | B | B |
| 03 | CNOOC (HK.883) | A | D | C | B | D | C |
| 04 | CNOOC-R (HK.80883) | A | D | C | B | D | C |
| 05 | CHINA ENERGY (HK.228) | C | E | E | A | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 8.53 | 4/14 | 7.41 | 6.18 | 5.59 |
| PB | 1.34 | 9/14 | 1.16 | 1.06 | 1.01 |
| PS (TTM) | 2.58 | 11/14 | 2.25 | 2.00 | 1.82 |
| Dividend Yield | 5.73% | 3/14 | 7.82% | 7.42% | 6.60% |

## Institutional View

### Analyst Rating Distribution

> As of 2026-02-12T16:00:00.000Z

Total Analysts: **15**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 9 | 60% |
| Overweight | 3 | 20% |
| Hold | 2 | 13% |
| Underweight | 0 | 0% |
| Sell | 1 | 7% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 25.14 |
| Highest Target | 30.06 |
| Lowest Target | 12.46 |

## References

- [Company Overview](https://longbridge.com/en/quote/00883.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/00883.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/00883.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.