CNOOC is China’s largest offshore oil and gas producer, a low-cost upstream specialist. It trades on Hong Kong Stock Exchange under the ticker 0883.HK, in the Energy sector.
Key Facts
| Item | Details |
|---|---|
| Ticker | 0883.HK |
| Exchange | Hong Kong Stock Exchange (0883.HK) |
| Sector | Energy |
| Headquarters | Beijing, China |
Bull Case & Risks
Bull Case
- Low-cost offshore production
- Strong free cash flow and dividends
- Production-growth ambitions
Risks
- Oil-price volatility
- US-sanctions and listing risk
Outlook
CNOOC is China’s low-cost offshore oil-and-gas champion, generating strong cash and dividends, with earnings geared to the oil-price cycle.
Educational information only, not investment advice. Stocks carry risk including possible loss of principal; past performance does not guarantee future results.