CNU:CA:TSX-CNOOC Limited (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 110.00

Change

0.00 (0.00)%

Market Cap

CAD 58.76B

Volume

116.00

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

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, 2019, it had net proved reserves of approximately 5.18 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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNQ:CA Canadian Natural Resources Lim..

-0.29 (-0.75%)

CAD46.10B 695.33 11.13
OVV:CA Ovintiv Inc

-0.88 (-2.86%)

CAD8.06B 3.13 3.76
TOU:CA Tourmaline Oil Corp

-0.74 (-3.00%)

CAD7.31B 10.86 5.03
ARX:CA ARC Resources Ltd

-0.11 (-1.42%)

CAD5.62B 17.30 6.25
WCP:CA Whitecap Resources Inc

-0.08 (-1.40%)

CAD3.40B 30.85 5.99
PSK:CA PrairieSky Royalty Ltd

-0.07 (-0.50%)

CAD3.11B 100.80 21.88
PXT:CA Parex Resources Inc

-0.49 (-2.15%)

CAD2.96B 25.41 8.74
VII:CA Seven Generations Energy Ltd

N/A

CAD2.82B 1.96 14.01
CPG:CA Crescent Point Energy Corp

-0.05 (-1.01%)

CAD2.63B N/A 4.35
MEG:CA MEG Energy Corp

-0.13 (-1.96%)

CAD2.01B 29.00 25.32

ETFs Containing CNU:CA

Symbol Name Weight Mer Price(Change) Market Cap
SHZ:CA Sphere FTSE Emerging Mark.. 0.00 % 0.68 %

N/A

CAD6.85M

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.47% 7% F 11% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.47% 7% F 11% F
Trailing 12 Months  
Capital Gain -29.04% 2% F 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -29.04% 8% F 2% F
Trailing 5 Years  
Capital Gain -30.16% 67% D+ 16% F
Dividend Return 13.57% 36% F 46% F
Total Return -16.59% 67% D+ 17% F
Average Annual (5 Year Horizon)  
Capital Gain 0.53% 81% B- 41% F
Dividend Return 2.37% 40% F 66% D
Total Return 2.90% 81% B- 46% F
Risk Return Profile  
Volatility (Standard Deviation) 27.35% 85% B 33% F
Risk Adjusted Return 10.60% 83% B 33% F
Market Capitalization 58.76B 100% A+ 96% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.94 48% F 60% D-
Price/Book Ratio 0.62 68% D+ 91% A-
Price / Cash Flow Ratio N/A N/A N/A N/A N/A
EV/EBITDA 1.42 94% A 97% A+
Management Effectiveness  
Return on Equity 5.66% 96% A 56% F
Return on Invested Capital 5.42% 89% B+ 64% D
Return on Assets 3.41% 96% A 72% C-
Debt to Equity Ratio 28.82% 68% D+ 65% D
Technical Ratios  
Short Ratio 4.74 24% F 17% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.12 96% A 44% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector