CNOOC Stock Forecast for 2023 - 2025 - 2030

Updated on 04/19/2024

Stock Rating
2
Price Target
HK$18.69
Consensus
Outperform
Upside
0.38%
Analysts
4
Stock Rating
2
Upside
0.38%
Analysts
4
Price Target
HK$18.69

CNOOC Stock Forecast and Price Target

According to four experts, who recently provided their 2024 price targets for CNOOC, the average price target is HK$18.69, with a high estimate of HK$25.54 and a low estimate of HK$8.21. That is a potential upside of approximately 0.38% from the last closing price of HK$18.62 on April, 2024. If you're interested in 883 stock, it's important to compare it to other companies in the industry.

HK$18.69

0.38% Upside

Outperform
Outperform

CNOOC Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, CNOOC's Price has decreased by 100.00%, going from HK$3.16 to HK$0.00. In the next year, analysts predict that Fair Value will reach HK$16.30 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
HK$16.30
2025 Fair Value Forecast
HK$15.90
2026 Fair Value Forecast
HK$11.62
2027 Fair Value Forecast
HK$9.42
2028 Fair Value Forecast
HK$10.04
2029 Fair Value Forecast
HK$11.85
2030 Fair Value Forecast
HK$11.92
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
RELIANCE Stock Forecast Reliance Industries Outperform 10
Rp2.94k Buy/Sell Rp2.77k 4.07%
COP Stock Forecast ConocoPhillips Outperform 6
$129.38 Buy/Sell $135.02 7.44%
BHP Stock Forecast BHP Group Outperform 1
$44.63 Buy/Sell $30.06 -31.75%
EQNR Stock Forecast Equinor ASA Hold 2
kr299.00 Buy/Sell kr28.14 -90.92%
ENB Stock Forecast Enbridge Outperform 10
C$47.97 Buy/Sell C$52.44 10.49%

CNOOC Revenue Forecast for 2023 - 2025 - 2030

CNOOC's Revenue has grown in the last two years, jumping from HK$155.37B to HK$422.23B – an increase of 171.75%. 17 analysts predict CNOOC's Revenue will decrease by 1.64% in the next year, reaching HK$415.32B. By 2030, professionals predict that CNOOC's Revenue will decrease by 8.89%, to HK$384.68B.

2024 Rev Forecast
HK$415.32B
2025 Rev Forecast
HK$419.49B
2026 Rev Forecast
HK$375.32B
2027 Rev Forecast
HK$352.34B
2028 Rev Forecast
HK$372.66B
2029 Rev Forecast
HK$388.60B
2030 Rev Forecast
HK$384.68B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GLEN Stock Forecast Glencore Outperform 2
£4.74 Buy/Sell £6.66 34.60%
PXD Stock Forecast Pioneer Natural Resources Co Hold 9
$270.31 Buy/Sell $252.57 2.29%
VLO Stock Forecast Valero Energy Outperform 3
$163.89 Buy/Sell $149.80 8.91%

CNOOC Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, CNOOC's Dividend per Share has increased by 236.84%, going from HK$0.38 to HK$1.28. For the following year, the 14 analysts predict that CNOOC's Dividend per Share will drop by 2.34%, reaching HK$1.25. In 2030, the professionals' prediction is that 883's Dividend per Share will decrease by 22.56%, reaching HK$0.99.

2024 DPS Forecast
HK$1.25
2025 DPS Forecast
HK$1.23
2026 DPS Forecast
HK$1.04
2027 DPS Forecast
HK$0.75
2028 DPS Forecast
HK$0.80
2029 DPS Forecast
HK$0.94
2030 DPS Forecast
HK$0.99
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
VALE3 Stock Forecast Vale Outperform 5
R$63.36 Buy/Sell R$19.16 -75.05%
FMG Stock Forecast Fortescue Metals Group Underperform 0
$24.60 Buy/Sell $14.12 -39.80%
SU Stock Forecast Suncor Energy Outperform 7
C$52.99 Buy/Sell C$55.05 1.91%

CNOOC Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
HK$95.65B
2025 FCF Forecast
HK$94.63B
2026 FCF Forecast
HK$57.45B
2027 FCF Forecast
HK$59.32B
2028 FCF Forecast
HK$76.30B
2029 FCF Forecast
HK$78.15B
2030 FCF Forecast
HK$79.12B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HES Stock Forecast Hess Hold 14
$154.35 Buy/Sell $168.36 8.20%
CVE Stock Forecast Cenovus Energy Outperform 14
C$28.69 Buy/Sell C$33.24 13.28%
TRP Stock Forecast TC Energy Hold 10
C$49.05 Buy/Sell C$68.70 13.15%

CNOOC EBITDA Forecast for 2023 - 2025 - 2030

CNOOC's EBITDA has increased by 172.53% In the last two years, going from HK$92.59B to HK$252.35B. In the next year, analysts expect EBITDA to reach HK$257.94B – an increase of 2.22%. In 2030, professionals predict that CNOOC's EBITDA will decrease by 15.50%, reaching HK$213.24B.

2024 EBITDA Forecast
HK$257.94B
2025 EBITDA Forecast
HK$253.72B
2026 EBITDA Forecast
HK$195.44B
2027 EBITDA Forecast
HK$192.77B
2028 EBITDA Forecast
HK$205.27B
2029 EBITDA Forecast
HK$222.45B
2030 EBITDA Forecast
HK$213.24B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AAL Stock Forecast Anglo American Outperform 18
£21.79 Buy/Sell £36.00 24.64%
ANTO Stock Forecast Antofagasta Hold 18
£22.50 Buy/Sell £19.06 -4.18%
TECK.B Stock Forecast Teck Resources Outperform 14
C$64.81 Buy/Sell C$35.03 9.55%

CNOOC EBIT Forecast for 2023 - 2025 - 2030

In the last two years, CNOOC's EBIT has grown, increasing from HK$33.63B to HK$190.54B – a growth of 466.60%. According to the 16 analysts polled, in the next year, CNOOC's EBIT will fall by 2.27%, reaching HK$186.22B. By 2030, professionals believe that CNOOC's EBIT will have decreased by 29.59%, falling to HK$134.15B.

2024 EBIT Forecast
HK$186.22B
2025 EBIT Forecast
HK$179.95B
2026 EBIT Forecast
HK$132.87B
2027 EBIT Forecast
HK$104.07B
2028 EBIT Forecast
HK$110.49B
2029 EBIT Forecast
HK$131.60B
2030 EBIT Forecast
HK$134.15B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
500228 Stock Forecast JSW Steel Hold 18
Rp865.25 Buy/Sell Rp775.93 -0.61%
500470 Stock Forecast Tata Steel Outperform 18
Rp162.10 Buy/Sell Rp134.68 -8.08%
REP Stock Forecast Repsol Outperform 16
14.95€ Buy/Sell 17.01€ 17.06%

CNOOC EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, CNOOC's EPS has decreased by 100.00%, going from HK$0.56 to HK$0.00. In the next year, analysts predict that EPS will reach HK$2.89 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
HK$2.89
2025 EPS Forecast
HK$2.82
2026 EPS Forecast
HK$2.06
2027 EPS Forecast
HK$1.67
2028 EPS Forecast
HK$1.78
2029 EPS Forecast
HK$2.10
2030 EPS Forecast
HK$2.11
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
1605 Stock Forecast Inpex Outperform 14
¥2.41k Buy/Sell ¥2.22k -0.37%
PTTEP Stock Forecast PTT Exploration and Production... Outperform 16
฿160.00 Buy/Sell ฿181.93 11.88%
500440 Stock Forecast Hindalco Industries Outperform 18
Rp614.50 Buy/Sell Rp556.54 -2.36%