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C

CNOOC 600938.SS · CNY

Energy · Shanghai · 🇨🇳 China

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31.28

+0.97%

Close of 6 Nov 2026, in CNY

About CNOOC

Its shares trade on Shanghai under the ticker 600938.SS. It has been listed since 28 February 2001. In the fiscal year to 31 December 2025, it reported revenue of CN¥398.22bn and net income of CN¥122.08bn. At that date it held total assets of CN¥1.10trn and shareholders' equity of CN¥803.09bn.

CNOOC Ltd is a CN-based company operating in Oil, Gas & Consumable Fuels industry. The company is headquartered in Beijing, Beijing. The company went IPO on 2001-02-28. CNOOC Ltd is a China-based investment holding company principally engaged in the exploration, production and sales of crude oil and natural gas. The firm operates three segments. Exploration and Production segment is engaged in conventional oil and gas business, shale oil and gas business, oil sands business and other unconventional oil and gas businesses. Trading segment is engaged in entrepot trade of crude oil in overseas areas. Corporate segment is engaged in headquarter management, assets management, research & development, and other businesses. The firm mainly operates businesses in China, Canada, the United Kingdom, Nigeria, and Brazil, among others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
28 Feb 2001
Employees
21,452

Leadership

Pay as last reported

  • Mr. Chuanjiang ZhangNon-Executive Director Chairman of the Board, since 2025
  • Mr. Hongtao YanPresident, Executive Director, Chief Safety Officer, since 2022CN¥1.2m
  • Mr. Xinhuai ZhouChief Executive Officer, Executive Vice Chairman of the Board, since 2022CN¥940,000
  • Ms. Xiuping MuChief Financial Officer, Executive Director, since 2024
  • Mr. Dalu SunExecutive Vice PresidentCN¥210,000
  • Mr. Yugao XuChief Compliance Officer, General Counsel, Secretary of the company, Joint Company SecretaryCN¥1.2m
  • Mr. Chunming ZhaoVice PresidentCN¥390,000
  • Mr. Changgui XuChief GeologistCN¥1.2m
  • Ms. Sik Yu TsueJoint Company Secretary
  • Mr. Dehua WangNon-Executive Director
  • Mr. Chak Ming ChanIndependent Non-Executive Director
  • Ms. Shuk Yin LiIndependent Non-Executive DirectorCN¥1.1m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
90
Environment
99
Social
99
Governance
73
Direct emissions (scope 1)
10,886,000 t
Energy emissions (scope 2)
1,905,000 t
Women in the workforce
16.54981%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • CNOOC Ltd employs 21,452 full-time employees in Beijing, China.
  • CNOOC operates in China, Canada, the UK, Nigeria, and Brazil.
  • CNOOC's Exploration and Production segment covers conventional oil and gas businesses.

Weaknesses

  • CNOOC's Trading segment focuses on crude oil entrepot trade in overseas areas.
  • CNOOC's Corporate segment manages headquarters and assets in Beijing.
  • CNOOC's segments include shale oil and gas business operations.

Opportunities

  • CNOOC's Exploration and Production segment expands into shale oil and gas businesses.
  • CNOOC operates in multiple countries including Nigeria and Brazil.
  • CNOOC's Trading segment engages in overseas crude oil entrepot trade.

Threats

  • CNOOC's operations face challenges in Nigeria and Brazil markets.
  • CNOOC's Exploration and Production segment deals with unconventional oil and gas businesses.
  • CNOOC's Corporate segment manages research and development activities.

Sources and methodology

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

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