Company Report

CNOOC corporate - reported results analysis

Get this report

$850

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

27 August 2018

CNOOC corporate - reported results analysis

Report summary

CNOOC Ltd delivered a strong set of financial results, with earnings surging 57% year-on-year in H1 2018. Cash generation rose as a result, with net debt falling 7% over the past six months, driven by higher oil prices and elevated output. But the company remains timid in its capital spending. Capex for the first half of the year was only RMB 21 billion (US$3.2 billion) - well below CNOOC Ltd's full-year target.

Table of contents

  • Other CNOOC research
    • Our takeaways
    • Key figures
    • Key figures and our takeaways
    • Our takeaways
    • Key figures:
    • Overview
    • Investment
    • Operational Guidance
    • Our takeaways
    • Our takeaways
    • Our takeaways
    • Overview
    • Strategy / Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
    • Overview
    • Investment
    • Operational Guidance
    • Investment/Strategy
    • Operational Performance
    • Financial Performance
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment / Strategy
    • Operational Performance
    • Financial Performance
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment
    • Operational Guidance
    • Overview
    • Investment/Strategy
    • Operational Performance
    • Financial Performance
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment / Strategy
    • Operational Performance
    • Financial Performance
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment
    • Operational Guidance
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment / Strategy
    • Operational Performance
    • Financial Performance
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A/business development
    • Exploration
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • Exploration
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • M&A
    • Exploration

Tables and charts

This report includes 2 images and tables including:

  • CNOOC Ltd earnings
  • CNOOC Ltd production

What's included

This report contains:

  • Document

    CNOOC corporate - reported results analysis

    PDF 819.18 KB

Other reports you may be interested in

Browse reports by Industry Sector