GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
C

CNOOC 600938.SS · CNY

Energy · Shanghai · 🇨🇳 China

Compare

31.28

+0.97%

Close of 6 Nov 2026, in CNY

Analyst ratings

17 analysts, 1 Feb 2026. The analysts' own views, not ours.

  • 7Strong buy
  • 8Buy
  • 1Hold
  • 1Sell
  • 0Strong sell

Price targets

Brokers' own targets, 1 Feb 2026. Not our view.

Last close 31.28Average target 31.20

Low
14.75
Average
31.20
Median
31.72
High
44.10

Forecasts

Analyst averages for the fiscal years ahead

FY2026FY2027FY2028FY2029
RevenueCN¥485.62bnCN¥468.09bnCN¥468.75bnCN¥458.77bn
Revenue, highestCN¥510.94bnCN¥520.58bnCN¥506.80bnCN¥496.01bn
Revenue, lowestCN¥456.28bnCN¥398.19bnCN¥420.28bnCN¥411.33bn
Earnings per share3.453.313.313.19
Earnings per share, highest3.633.643.663.52
Earnings per share, lowest3.292.572.862.76
Analysts1313711

Earnings against forecasts

Earnings per share by fiscal quarter

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q2 2024Q1 2024Q4 2023
Forecast1.941.170.720.651.361.471.011.02
Reported1.791.170.680.691.211.641.280.55
Difference-7.7%0.0%-5.2%+6.7%-11.0%+11.6%+26.7%-45.9%

Quality and value scores

Models run by our data supplier, not our view and not investment advice

Model

Quality score

7 / 10

Revenue growth 8.8% a year over 10 years. Return on equity 15.2%.

Model fair value

35.13

From earnings 35.13, from revenue 33.75.

Piotroski score

8 / 9

A nine-point test of financial strength, for 31 Dec 2025.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.