CNOOC (China) Today

600938 Stock   29.12  0.33  1.12%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
CNOOC is trading at 29.12 as of the 17th of January 2025, a 1.12 percent decrease since the beginning of the trading day. The stock's open price was 29.45. CNOOC has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 28th of January 2023 and ending today, the 17th of January 2025. Click here to learn more.
Business Domain
Energy
CNOOC is entity of China. It is traded as Stock on SHG exchange. The company has 2.99 B outstanding shares. More on CNOOC Limited

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CNOOC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CNOOC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CNOOC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President ChairmanXinhuai Zhou
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
CNOOC's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CNOOC's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
CNOOC can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CNOOC's financial leverage. It provides some insight into what part of CNOOC's total assets is financed by creditors.
Liquidity
CNOOC cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. CNOOC Limited has accumulated 24.69 B in total debt. Debt can assist CNOOC until it has trouble settling it off, either with new capital or with free cash flow. So, CNOOC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CNOOC Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CNOOC to invest in growth at high rates of return. When we think about CNOOC's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(551.48 Million)
CNOOC Limited (600938) is traded on Shanghai Stock Exchange in China and employs 21,786 people. CNOOC is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 907.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CNOOC's market, we take the total number of its shares issued and multiply it by CNOOC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CNOOC Limited operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 2.99 B outstanding shares. CNOOC generates positive cash flow from operations, but has no cash available
Check CNOOC Probability Of Bankruptcy
Ownership Allocation
CNOOC holds a total of 2.99 Billion outstanding shares. CNOOC Limited retains substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CNOOC Ownership Details

CNOOC Limited Risk Profiles

Although CNOOC's alpha and beta are two of the key measurements used to evaluate CNOOC's performance over the market, the standard measures of volatility play an important role as well.

CNOOC Stock Against Markets

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CNOOC Corporate Management

Elected by the shareholders, the CNOOC's board of directors comprises two types of representatives: CNOOC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CNOOC. The board's role is to monitor CNOOC's management team and ensure that shareholders' interests are well served. CNOOC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CNOOC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xin WangChief OfficerProfile
Changgui XuDeputy EngineerProfile
Jing LiuManager RelationsProfile
Yugao XuCompliance CounselProfile

Other Information on Investing in CNOOC Stock

CNOOC financial ratios help investors to determine whether CNOOC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CNOOC with respect to the benefits of owning CNOOC security.