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CNOOC corporate - reported results analysis

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Report summary

CNOOC Ltd delivered yet another positive quarter as both operational and financial performance remained strong. The company recorded a 16% jump in quarterly revenues on the back of higher crude pricing (up 20% year on year) and resilient output. Production in the year to date has been running above the company's target as a result of improved decline rate management internationally new output and higher natural gas volumes in China. But domestic crude volumes continue to decline falling by 5% in the last nine months compared to 2016.

What's included

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  • Document

    CNOOC corporate - reported results analysis

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Table of contents

  • Other CNOOC research
  • Q3 2017
  • Q2 2017
  • Q1 2017
  • Q4 2016
  • 2017 Strategy Preview
  • Q3 2016
  • Q2 2016
  • Q1 2016
  • Q4 2015
  • 2016 Strategy Preview
  • Q3 2015
  • Q2 2015
  • Q1 2015
  • Q4 2014
  • 2015 Strategy Preview
  • Q3 2014
  • Q2 2014
  • Q1 2014
  • Q4 2013
  • Q3 2013
  • Q2 2013
  • Q1 2013

Tables and charts

This report includes 2 images and tables including:

Images

  • CNOOC: evolution of quarterly net income
  • CNOOC: evolution of quarterly production

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