China National Offshore Oil Overview

  • Founded
  • 1999

Founded
  • Status
  • Public

  • Employees
  • 98,750

Employees
  • Stock Symbol
  • 00883

Stock Symbol
  • Investments
  • 17

  • Share Price
  • $1.27

  • (As of Friday Closing)

China National Offshore Oil General Information

Description

CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Production for 2021 averaged 1.57 million barrels of oil equivalent per day (79% oil), and year-end proven reserves were 5.73 billion barrels of oil equivalent, or boe, (73% oil). Assets outside China make up around 32% of production.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Energy Production
Other Industries
Energy Exploration
Stock Exchange
HKG
Primary Office
  • Number 25 Chaoyangmenbei Dajie
  • Dongcheng District
  • Beijing, 100010
  • China
+86 0852 0000 0000

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China National Offshore Oil Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.27 $1.24 $0.97 - $1.60 $60.7B 119M $0.24

China National Offshore Oil Financials Summary

In Thousands,
USD
TTM 31-Dec-2021 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 43,665,168 43,665,168 40,222,651 69,272,335
Revenue 38,516,171 38,516,171 22,884,053 34,391,227
EBITDA 24,426,056 24,426,056 13,305,426 21,436,717
Net Income 10,890,371 10,890,371 3,612,304 8,834,758
Total Assets 123,400,794 123,400,794 110,399,798 108,296,793
Total Debt 21,201,738 21,201,738 21,971,898 22,659,930
Public Fundamental Data provided by Morningstar, Inc. disclaimer

China National Offshore Oil Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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China National Offshore Oil Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclus
Energy Production
Beijing, China
98,750 As of 2011
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Beijing, China
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Bangkok, Thailand
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China National Offshore Oil Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PetroChina Company Corporation Beijing, China 000000
000 00000000000 00 Corporation Bangkok, Thailand 0000
You’re viewing 2 of 2 competitors. Get the full list »

China National Offshore Oil Patents

China National Offshore Oil Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210285849-A1 Core detection device of coring instrument Pending 12-Mar-2020 00000000000
US-20200291735-A1 Horizontal-to-vertical drilling module for deep well Granted 27-Sep-2018 000000000
US-11028658-B2 Horizontal-to-vertical drilling module for deep well Active 27-Sep-2018 000000000 0
CA-3080647-C Tubular column for drill-free and catch-free integrated well cementing and well completion and application thereof Active 03-Nov-2017 000000000
CA-3080647-A1 Tubular column for drill-free and catch-free integrated well cementing and well completion and application thereof Granted 03-Nov-2017 E21B17/00
To view China National Offshore Oil’s complete patent history, request access »

China National Offshore Oil Executive Team (20)

Name Title Board Seat Contact Info
Zhou Xinhuai Chief Executive Officer & Executive Director
Guangjie Hu Board Member & President
Xie Weizhi Chief Financial Officer
Xinjian Cao Executive Vice President and General Manager
Yuhong Xie Executive Vice President and General Manager of Exploration Department
You’re viewing 5 of 20 executive team members. Get the full list »

China National Offshore Oil Board Members (12)

Name Representing Role Since
0000 0000 China National Offshore Oil Independent Non-Executive Director 000 0000
00000000 00 China National Offshore Oil Board Member & President 000 0000
00000000 000 00.0 China National Offshore Oil Board Member 000 0000
0000 0000 China National Offshore Oil Board Member 000 0000
0000 00 China National Offshore Oil Board Member & Vice Chairman 000 0000
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China National Offshore Oil Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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China National Offshore Oil Investments & Acquisitions (17)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 (00000 26-Jul-2022 000000000 Other Energy
00000 000 000 11-Oct-2019 00000 0000 Logistics
0000000 (0000 22-Jul-2019 000000000 Other Energy
0000000000 (0 13-Jun-2019 000000000 Buildings and Property
Tanglawan Joint Venture 11-Jan-2019 Joint Venture Coal and Consumable Fuels Equipment
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

China National Offshore Oil Subsidiaries (3)

Company Name Industry Location Founded
CNOOC Insurance Insurance Company Hong Kong, Hong Kong 1999
00000000 00000 Asset Manager Shanghai, China 0000
00000 (00000 000 0 Other Energy United Kingdom
To view China National Offshore Oil’s complete subsidiaries history, request access »

China National Offshore Oil Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 000 000000 13-May-2004 000000000 00000000 00000 Completed
  • 00000 00000000 000
Tangguh LNG Project 04-Feb-2003 Secondary Transaction - Private 00000 Completed
To view China National Offshore Oil’s complete exits history, request access »