C

CNOOC Ltd
SSE:600938

Watchlist Manager
CNOOC Ltd
SSE:600938
Watchlist
Price: 28.83 CNY -0.72%
Market Cap: 788.7B CNY
Have any thoughts about
CNOOC Ltd?
Write Note

CNOOC Ltd
Income to Minority Interest

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

CNOOC Ltd
Income to Minority Interest Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income to Minority Interest CAGR 3Y CAGR 5Y CAGR 10Y
C
CNOOC Ltd
SSE:600938
Income to Minority Interest
-ÂĄ247m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
S
Shandong Xinchao Energy Corp Ltd
SSE:600777
Income to Minority Interest
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
G
Geo-Jade Petroleum Corp
SSE:600759
Income to Minority Interest
-ÂĄ27.2m
CAGR 3-Years
30%
CAGR 5-Years
-35%
CAGR 10-Years
-1%
S
Sino Prima Gas Technology Co Ltd
SZSE:300483
Income to Minority Interest
ÂĄ17.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

CNOOC Ltd
Glance View

Market Cap
788.7B CNY
Industry
Energy

In the vast expanse of China's energy sector, CNOOC Ltd. stands as a commanding figure, bridging the gap between the nation’s thirst for energy and the immense reserves hidden beneath the ocean floor. Established in 1982, CNOOC Ltd. has evolved into the largest offshore oil and gas producer in China. The company operates primarily through its exploration and production segment, where it embarks on the quest to discover and extract hydrocarbons from offshore basins. With a significant stake in fields across the Bohai Bay, South China Sea, and even ventures into international waters, CNOOC’s operations are the embodiment of calculated risk and high reward. The company’s ability to harness advanced technology and expertise plays a crucial role in turning these underwater treasures into viable energy sources, contributing extensively to the robustness of China’s energy supply. CNOOC Ltd.’s business model intricately weaves exploration, development, and production, which allows the company to efficiently convert discovered reserves into financial health. Their income primarily stems from the sale of crude oil, natural gas, and petroleum products, surfacing from deep-sea extraction. This process is buoyed by strategic partnerships and joint ventures globally, extending their influence and capacity. Furthermore, by leveraging government backing and access to capital, CNOOC maintains a competitive edge in securing lucrative exploration rights and maintaining operational resilience even amidst fluctuating oil prices. Consequently, CNOOC Ltd. not only drives forward with a strong production profile but also consistently contributes significant energy resources to meet the growing demands of China and beyond.

Intrinsic Value
62.94 CNY
Undervaluation 54%
Intrinsic Value
Price
C

See Also

What is CNOOC Ltd's Income to Minority Interest?
Income to Minority Interest
-247m CNY

Based on the financial report for Dec 31, 2023, CNOOC Ltd's Income to Minority Interest amounts to -247m CNY.

Back to Top