CNOOC Limited trades with the ticker CNU on the TSX and is in the Oil & Gas E&P industry.
Overview
CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil and natural gas in offshore China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. The company operates through three segments: E&P, Trading Business, and Corporate. It produces offshore crude oil and natural gas primarily in Bohai, the Western South China Sea, the Eastern South China Sea, and the East China Sea in offshore China. The company also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2020, it had net proved reserves of approximately 5.37 billion barrels of oil equivalent. In addition, the company is involved in the issuance of bonds; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.
Looking to invest in CNOOC Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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CNU.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $58765.709MM
PE Ratio: 5.654
Price: 7.59 (Updated: 3/12/2024 0:47:16)
CNOOC Limited (CNU) vs Competitors in Oil & Gas E&P
Lets see how CNU.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- CNOOC Limited (CNU) vs Advantage Oil & Gas Ltd (AAV)
- CNU has higher EPS (21.4 vs 0.59). CNU provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 5.654) indicating it’s more expensive.
- CNOOC Limited (CNU) vs Africa Oil Corp (AOI)
- CNU has higher EPS (21.4 vs 0.24). AOI has higher dividend yield (3.2% vs 0.4%). AOI has a higher P/E ratio (8.708 vs 5.654) indicating it’s more expensive.
- CNOOC Limited (CNU) vs ARC Resources Ltd (ARX)
- CNU has higher EPS (21.4 vs 2.61). ARX has higher dividend yield (2.9% vs 0.4%). ARX has a higher P/E ratio (8.981 vs 5.654) indicating it’s more expensive.
- CNOOC Limited (CNU) vs Athabasca Oil Corporation (ATH)
- CNU has higher EPS (21.4 vs -0.09). CNU provides dividends, while ATH does not. ATH has a P/E under 0, indicating CNU (P/E 5.654) is in a better position.
- CNOOC Limited (CNU) vs Birchcliff Energy Ltd (BIR)
- CNU has higher EPS (21.4 vs 0.32). BIR has higher dividend yield (7.2% vs 0.4%). BIR has a higher P/E ratio (17.25 vs 5.654) indicating it’s more expensive.
Our Recommendation: Hold
Has a lower P/E ratio (5.65) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (0.75) than the industry average (5.24), indicating attractive valuation.
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