CNOOC Ltd stock reports October 31, 2026 with HKD 30.00 target

Published on 10/16/2026 at 15:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit reached RMB 85.8 billion on August 26, 2026. CNOOC Ltd stock was HKD 23.96 on October 16, 2026, down 0.99 percent versus HKD 24.20.

Results timing and valuation

On October 9, 2026, a Buy rating cited a HKD 30.00 target for CNOOC Ltd.
First-half 2026 net profit reached RMB 85.8 billion, up 23.40 percent year over year.
CNOOC Ltd stock was last at HKD 23.96 on October 16, 2026, down 0.99 percent versus HKD 24.20.
Market capitalization stood at HKD 1.1 trillion on October 16, 2026.

CNOOC Ltd., HK0883013259, Illustration mit AI erstellt.

CNOOC Ltd stock is scheduled to report its next results on October 31, 2026, according to Investing.com. A Globe and Mail report dated October 9, 2026 cited a Buy rating and a HKD 30.00 target. CNOOC Limited was last at HKD 23.96 on October 16, 2026 at 4:08 p.m. HKT, down 0.99 percent from HKD 24.20.

First-half profit reached RMB 85.8 billion

The earnings base behind the upcoming date is substantial. ET Net reported attributable profit of RMB 85.8 billion for the first half of 2026, up 23.42 percent from the year-earlier period. The same interim data showed earnings per share of RMB 1.81, giving investors a concrete benchmark for the October report.

Stock remains below its yearly high

The Hong Kong-listed stock stood 22.66 percent below its 52-week high of HKD 30.98 on October 16, 2026, while its 52-week low was HKD 18.59. Trading volume reached 50,164,978 shares, below the average volume of 63,288,259 shares. The range places the current quote in the lower part of its annual band.

Valuation ahead of October results

CNOOC Ltd had a market capitalization of HKD 1.1 trillion, a price-to-earnings ratio of 7.12 and a dividend yield of 0.06 percent on October 16, 2026. The HKD 30.00 target cited on October 9 stands 25.21 percent above the HKD 23.96 price, using the same currency.

Comparison with peers

CNOOC Ltd (HKEX, HKD): minus 0.99 percent, P/E 7.12, market capitalization HKD 1.1 trillion.

PetroChina Company Limited (HKEX, HKD): minus 0.84 percent, P/E 13.29, market capitalization HKD 2.4 trillion.

China Petroleum & Chemical Corporation (HKEX, HKD): 0.00 percent, P/E 18.72, market capitalization HKD 751.8 billion.

Price and reporting date

The next scheduled reporting date is October 31, 2026. Until then, the key comparison is between the HKD 23.96 market price, the HKD 30.00 target and the 52-week high of HKD 30.98. The figures frame the stock's valuation without turning the scheduled report into a forecast.

The last available quote was HKD 23.96 on October 16, 2026 at 4:08 p.m. HKT on the Hong Kong Stock Exchange, down 0.99 percent from HKD 24.20. CNOOC Limited is listed in Hong Kong under stock code 00883 and operates in offshore oil and gas exploration, development, production and sales.