Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


Last --
Change Today 0.00 / 0.00%
Volume 0.0
883 On Other Exchanges
Symbol
Exchange
883 is not on other exchanges.
All times are local (Market data is delayed by at least 15 minutes).

cnooc ltd (883) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
0.0
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CNOOC LTD (883)

cnooc ltd (883) Details

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products. The company produces offshore crude oil and natural gas primarily in Bohai, Western South China Sea, Eastern South China Sea, and East China Sea in offshore China. It also has oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2014, the company owned net proved reserves of approximately 4.48 billion barrels-of-oil equivalent. It also provides bond issuance services. The company was incorporated in 1999 and is based in Hong Kong, Hong Kong. CNOOC Limited is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

19,681 Employees
Last Reported Date: 04/8/15
Founded in 1999

cnooc ltd (883) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

cnooc ltd (883) Key Developments

CNOOC Ltd. Commences Production at Weizhou 12-2 Oilfield Joint Development Project and Weizhou 11-4 North Oilfield Phase II Project

CNOOC Limited announced that the Weizhou 12-2 oilfield joint development project (Weizhou 12-2) and Weizhou 11-4 North oilfield Phase II project (Weizhou 11-4 North) have recently commenced production. The Weizhou 12-2 project is located in Beibu Gulf Basin of the South China Sea with an average water depth of approximately 36 meters. This project has three oilfields in total including the Weizhou 12-2 oilfield, the Weizhou 12-1 West oilfield and the north part of Weizhou 11-2 oilfield. The main production facilities include three wellhead platforms and 18 producing wells which have all commenced production, producing a total of approximately 16,000 barrels of crude oil per day and reaching its ODP designed peak production. Weizhou 11-4 North project is located in Beibu Gulf Basin of the South China Sea with an average water depth of approximately 40 meters. The project shares the existing adjacent facilities for the development and built two wellhead platforms and 15 producing wells. There is currently one well on production, producing a total of approximately 500 barrels of crude oil per day. The project is expected to reach its ODP designed peak production of approximately 8,000 barrels per day within the year. The Weizhou 12-2 and Weizhou 11-4 North are both independent oilfields in which the Company holds 100% interest and acts as the operator.

CNOOC Ltd. Commences Kenli 10-4 Oilfield Production

CNOOC Limited announced that the Kenli 10-4 oilfield has commenced production. The Kenli 10-4 oilfield is located in the South of Bohai with an average water depth of approximately 15 meters. In addition to fully utilizing the existing facilities of Kenli 10-1 oilfield, the Kenli 10-4 oilfield also included the development of one wellhead platform. There are currently 6 wells on production, producing a total of approximately 6,540 barrels of crude oil per day. The oilfield is expected to reach its ODP designed peak production of approximately 9,600 barrels of crude oil per day in 2016. The Kenli 10-4 is an independent oilfield in which the Company holds 100% interest and acts as the operator.

CNOOC Limited Provides Production Guidance for the Full Year of 2015, 2017 and 2018; Provides Production and Capital Expenditure Guidance for the Full Year of 2016

CNOOC Limited provided production guidance for the full year of 2015, 2016, 2017 and 2018. For the year 2015, the company's net production is expected to be approximately 495 million BOE. For the year 2016, the company's net production is estimated to be approximately 470 million to 485 million barrels of oil equivalent (BOE). For the period, the company's total capital expenditure will be no more than RMB 60.0 billion. The capital expenditures for exploration, development and production account for approximately 19%, 64% and 13%, respectively. For the year 2017, the company's net production is estimated to be approximately 484 million BOE For the year 2018, the company's net production is estimated to be approximately 502 million BOE.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
883:HK $7.87 HKD +0.17

883 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BG Group PLC 1,060 GBp +2.50
ConocoPhillips $32.90 USD -2.42
Repsol SA €9.51 EUR +0.306
Schlumberger Ltd $68.81 USD -1.73
Statoil ASA 121.70 NOK +2.70
View Industry Companies
 

Industry Analysis

883

Industry Average

Valuation 883 Industry Range
Price/Earnings 6.8x
Price/Sales 1.2x
Price/Book 0.7x
Price/Cash Flow 2.5x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CNOOC LTD, please visit www.cnoocltd.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.