CNOOC Ltd stock at HKD 23.40 on September 25, 2026, down 1.85 percent

CNOOC Ltd shares last traded at HKD 23.40 on September 25, 2026, down HKD 0.44, or 1.85 percent, from the previous session. The quote is for the company’s ordinary share on the Hong Kong Stock Exchange and was reported with the market closed.

Recent corporate development

On September 24, 2026, CNOOC raised its stake in China Oilfield Services to 50.91 percent, according to a report by Zonebourse. The report identified the development as a corporate holding change involving China Oilfield Services, a company associated with CNOOC’s broader energy-services ecosystem.

The September 24 report followed a series of company updates listed by the same publication, including a September 16 item on a CNOOC subsidiary beginning construction of facilities for a Qatar oil and gas project. The report did not provide additional transaction terms for the China Oilfield Services stake increase, so the disclosed 50.91 percent holding is the central detail.

First-half operating performance

CNOOC’s interim results, announced on August 26, 2026, showed net production of 398.7 million barrels of oil equivalent in the first half. The figure increased 3.7 percent year over year, while production growth was recorded in both domestic and overseas operations, according to the company release reproduced by Yangshuo SugarHouse.

The same interim release reported oil and gas sales revenue of RMB 206.1 billion, up 20 percent year over year. Net profit attributable to shareholders reached RMB 85.8 billion, an increase of 23.4 percent, and both measures were described as interim-period records for the company.

CNOOC also reported four new discoveries and successful appraisal of 16 oil and gas-bearing structures during the first half. Five projects were brought on stream, including developments in China and the Buzios 8 project in Brazil, while the company said it continued work on deepwater and deep-play exploration.

Targets and shareholder return

For 2026, CNOOC set an annual production target of 780 million to 800 million barrels of oil equivalent and a capital expenditure budget of RMB 112 billion to RMB 122 billion. The company’s interim announcement also said it had entered three exploration blocks in Brazil and Indonesia, including a Brazil block where it became operator for the first time.

The board declared an interim dividend of HKD 0.94 per share, tax inclusive, for the first half of 2026. The release gave a dividend payout ratio of 45.2 percent and a total payout of approximately RMB 38.8 billion. CNOOC said the dividend represented a record high for the same interim period.

On the Hong Kong Stock Exchange, CNOOC Ltd last traded at HKD 23.40 on September 25, 2026. The stock was down HKD 0.44, or 1.85 percent, from the prior session’s HKD 23.84.

CNOOC Ltd stock