CNOOC Stock Forecast for 2023 - 2025 - 2030

Updated on 12/06/2023

Stock Rating
2
Price Target
HK$14.76
Consensus
Outperform
Upside
15.31%
Analysts
7
Stock Rating
2
Upside
15.31%
Analysts
7
Price Target
HK$14.76

CNOOC Stock Forecast and Price Target

According to seven experts, who recently provided their 2023 price targets for CNOOC, the average price target is HK$14.76, with a high estimate of HK$21.27 and a low estimate of HK$10.67. That is a potential upside of approximately 15.31% from the last closing price of HK$12.80 on December, 2023. If you're interested in 883 stock, it's important to compare it to other companies in the industry.

HK$14.76

15.31% Upside

Outperform
Outperform

CNOOC Fair Value Forecast for 2023 - 2025 - 2030

CNOOC's Price has grown in the last three years, jumping from HK$17.14 to HK$37.91 – an increase of 121.17%. In the next year, analysts predict that Fair Value will reach HK$41.96 – an increase of 10.71%. By 2030, professionals predict that CNOOC's Fair Value will decrease by 20.17%, to HK$30.26.

2023 Fair Value Forecast
HK$41.96
2024 Fair Value Forecast
HK$24.87
2025 Fair Value Forecast
HK$25.77
2026 Fair Value Forecast
HK$30.55
2027 Fair Value Forecast
HK$35.60
2028 Fair Value Forecast
HK$31.65
2029 Fair Value Forecast
HK$29.82
2030 Fair Value Forecast
HK$30.26
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
RELIANCE Stock Forecast Reliance Industries Outperform 4
Rp2.46k Buy/Sell Rp2.87k 13.16%
BHP Stock Forecast BHP Group Outperform 1
$47.23 Buy/Sell $30.06 -36.02%
COP Stock Forecast ConocoPhillips Outperform 5
$110.52 Buy/Sell $136.20 24.86%
EQNR Stock Forecast Equinor ASA Hold 0
kr328.70 Buy/Sell kr37.28 -89.90%
ENB Stock Forecast Enbridge Outperform 10
C$47.37 Buy/Sell C$50.64 9.77%

CNOOC Revenue Forecast for 2023 - 2025 - 2030

CNOOC's Revenue has grown in the last three years, jumping from HK$233.20B to HK$422.23B – an increase of 81.06%. 0 analysts predict CNOOC's Revenue will decrease by 9.50% in the next year, reaching HK$382.13B. By 2030, professionals predict that CNOOC's Revenue will decrease by 23.02%, to HK$325.03B.

2023 Rev Forecast
HK$382.13B
2024 Rev Forecast
HK$295.40B
2025 Rev Forecast
HK$293.57B
2026 Rev Forecast
HK$333.17B
2027 Rev Forecast
HK$353.26B
2028 Rev Forecast
HK$333.29B
2029 Rev Forecast
HK$320.42B
2030 Rev Forecast
HK$325.03B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GLEN Stock Forecast Glencore Outperform 2
£4.47 Buy/Sell £6.74 47.20%
VALE3 Stock Forecast Vale Buy 6
R$72.37 Buy/Sell R$18.96 -73.44%
PXD Stock Forecast Pioneer Natural Resources Co Hold 8
$222.07 Buy/Sell $258.02 14.15%

CNOOC Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, CNOOC's Dividend per Share has increased by 82.86%, going from HK$0.70 to HK$1.28. In the next year, analysts are expecting an increase in Dividend per Share, predicting it will reach HK$1.54 – an increase of 20.43%. In 2030, the professionals' prediction is that 883's Dividend per Share will decrease by 9.97%, reaching HK$1.15.

2023 DPS Forecast
HK$1.54
2024 DPS Forecast
HK$1.34
2025 DPS Forecast
HK$0.97
2026 DPS Forecast
HK$1.09
2027 DPS Forecast
HK$1.24
2028 DPS Forecast
HK$1.30
2029 DPS Forecast
HK$1.18
2030 DPS Forecast
HK$1.15
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FMG Stock Forecast Fortescue Metals Group Underperform 16
$25.08 Buy/Sell $11.97 -51.75%
SU Stock Forecast Suncor Energy Outperform 13
C$41.13 Buy/Sell C$36.74 28.86%
VLO Stock Forecast Valero Energy Outperform 10
$122.73 Buy/Sell $149.65 24.05%

CNOOC Free Cash Flow Forecast for 2023 - 2025 - 2030

CNOOC's Free Cash Flow has increased by 139.07% In the last three years, going from HK$51.51B to HK$123.14B. In the next year, analysts expect Free Cash Flow to reach HK$332.71B – an increase of 170.20%. For the next eight years, the forecast is for Free Cash Flow to grow by 67.82%.

2023 FCF Forecast
HK$332.71B
2024 FCF Forecast
HK$114.54B
2025 FCF Forecast
HK$146.53B
2026 FCF Forecast
HK$198.13B
2027 FCF Forecast
HK$292.30B
2028 FCF Forecast
HK$214.27B
2029 FCF Forecast
HK$198.67B
2030 FCF Forecast
HK$206.65B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HES Stock Forecast Hess Corp Hold 14
$136.28 Buy/Sell $170.36 21.81%
TRP Stock Forecast TC Energy Hold 17
C$51.51 Buy/Sell C$68.70 4.83%
AAL Stock Forecast Anglo American Outperform 18
£21.99 Buy/Sell £36.00 50.07%

CNOOC Net Income Forecast for 2023 - 2025 - 2030

In the last three years, CNOOC's Net Income has grown, increasing from HK$61.05B to HK$141.70B – an increase of 132.12%. For next year, the 0 analysts predict Net Income of HK$155.74B, which would mean an increase of 9.91%. According to professionals, by 2030, CNOOC's Net Income will have decreased by 21.05%, falling down to HK$111.87B.

2023 NI Forecast
HK$155.74B
2024 NI Forecast
HK$91.42B
2025 NI Forecast
HK$94.76B
2026 NI Forecast
HK$113.02B
2027 NI Forecast
HK$132.11B
2028 NI Forecast
HK$117.08B
2029 NI Forecast
HK$110.14B
2030 NI Forecast
HK$111.87B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CVE Stock Forecast Cenovus Energy Outperform 14
C$22.02 Buy/Sell C$33.24 49.86%
500228 Stock Forecast JSW Steel Hold 18
Rp824.55 Buy/Sell Rp751.50 -5.40%
TECK.B Stock Forecast Teck Resources Buy 14
C$49.85 Buy/Sell C$35.03 30.39%

CNOOC EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, CNOOC's EBITDA has grown, increasing from HK$138.44B to HK$252.35B – a growth of 82.28%. According to the 0 analysts polled, in the next year, CNOOC's EBITDA will fall by 9.77%, reaching HK$227.70B. By 2030, professionals believe that CNOOC's EBITDA will have decreased by 22.59%, falling to HK$195.35B.

2023 EBITDA Forecast
HK$227.70B
2024 EBITDA Forecast
HK$176.10B
2025 EBITDA Forecast
HK$177.37B
2026 EBITDA Forecast
HK$200.66B
2027 EBITDA Forecast
HK$212.02B
2028 EBITDA Forecast
HK$199.53B
2029 EBITDA Forecast
HK$192.40B
2030 EBITDA Forecast
HK$195.35B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
REP Stock Forecast Repsol Outperform 16
13.90€ Buy/Sell 17.62€ 29.50%
PTTEP Stock Forecast PTT Exploration and Production... Outperform 16
฿143.00 Buy/Sell ฿181.93 29.02%
ANTO Stock Forecast Antofagasta Hold 18
£14.35 Buy/Sell £19.06 18.89%

CNOOC EBIT Forecast for 2023 - 2025 - 2030

In the last three years, CNOOC's EBIT has grown by 134.17%, from HK$81.37B to HK$190.54B. For the next year, analysts are expecting EBIT to reach HK$207.65B – an increase of 8.98%. By 2030, professionals believe that CNOOC's EBIT will decrease by 21.55%, reaching HK$149.48B – a concerning trend for the company.

2023 EBIT Forecast
HK$207.65B
2024 EBIT Forecast
HK$122.34B
2025 EBIT Forecast
HK$126.58B
2026 EBIT Forecast
HK$151.11B
2027 EBIT Forecast
HK$176.38B
2028 EBIT Forecast
HK$156.44B
2029 EBIT Forecast
HK$147.16B
2030 EBIT Forecast
HK$149.48B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
500470 Stock Forecast Tata Steel Outperform 18
Rp131.80 Buy/Sell Rp1.76k 5.46%
STO Stock Forecast Santos Outperform 17
$6.78 Buy/Sell $5.72 -17.85%
ADANIPOWER Stock Forecast Adani Power 13
Rp560.45 Buy/Sell Rp43.00 7.75%

CNOOC EPS Price Prediction Forecast for 2023 - 2025 - 2030

CNOOC's EPS has grown in the last three years, jumping from HK$1.37 to HK$3.03 – an increase of 121.17%. In the next year, analysts predict that EPS will reach HK$3.35 – an increase of 10.71%. By 2030, professionals predict that CNOOC's EPS will decrease by 20.17%, to HK$2.42.

2023 EPS Forecast
HK$3.35
2024 EPS Forecast
HK$1.99
2025 EPS Forecast
HK$2.06
2026 EPS Forecast
HK$2.44
2027 EPS Forecast
HK$2.85
2028 EPS Forecast
HK$2.53
2029 EPS Forecast
HK$2.38
2030 EPS Forecast
HK$2.42
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
500440 Stock Forecast Hindalco Industries Buy 18
Rp523.30 Buy/Sell Rp523.96 7.01%
1605 Stock Forecast Inpex Outperform 14
¥2.02k Buy/Sell ¥0.00 16.77%
OVV Stock Forecast Ovintiv Outperform 14
C$56.15 Buy/Sell C$47.95 -7.39%