CNOOC

CNOOC Equity Ratio

The Equity Ratio of CNOOC (600938.SS) as of Oct 30, 2026 is 73.07 %. In the previous year, Equity Ratio was 70.77 % — a change of 3.25% (higher).

Equity Ratio

73.07 %

YoY

3.25%

Last updated:

Equity Ratio of CNOOC is 2025 73.07 % . Equity Ratio of CNOOC was 2024 70.77 % . It decreases by 3.25% higher compared to the previous year.

The CNOOC Equity Ratio history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Equity Ratio
Date
Equity Ratio
Jan 1, 2018
61.86 CNY
Jan 1, 2019
59.15 CNY
Jan 1, 2020
60.13 CNY
Jan 1, 2021
61.14 CNY
Jan 1, 2022
64.28 CNY
Jan 1, 2023
66.29 CNY
Jan 1, 2024
70.77 CNY
Jan 1, 2025
73.07 CNY
The CNOOC Equity Ratio history
YEAREquity RatioYoY
73.07 %+3.25%
70.77 %+6.76%
66.29 %+3.12%
64.28 %+5.14%
61.14 %+1.68%
60.13 %+1.66%
59.15 %-4.38%
61.86 %+0.49%
61.56 %+2.67%
59.96 %+3.19%
58.11 %+1.46%
57.27 %—

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CNOOC Stock analysis

What does CNOOC do? CNOOC Ltd generates revenue through its Exploration and Production segment, which focuses on conventional oil and gas, shale oil and gas, oil sands, and other unconventional oil and gas businesses. The Trading segment handles entrepot trade of crude oil in overseas areas, while the Corporate segment manages headquarters operations, asset management, research & development, and other corporate activities. The company operates primarily in China, Canada, the United Kingdom, Nigeria, and Brazil, selling crude oil and natural gas to global markets. Its products include crude oil, natural gas, and related energy commodities. CNOOC Ltd's main customers are global energy markets and international buyers of crude oil and natural gas. The company's revenue streams come from the direct sales of oil and gas from its Exploration and Production segment, as well as from the Trading segment's entrepot trade activities. The Corporate segment supports these operations through management and research functions. The firm's primary market segments are energy producers and global commodity traders. The company's business model relies on its integrated operations across exploration, production, and trading of oil and gas. It leverages its presence in multiple countries including China, Canada, the United Kingdom, Nigeria, and Brazil to source and distribute energy resources. CNOOC Ltd's products are sold to international markets, with the Trading segment facilitating crude oil trade in overseas regions, while the Exploration and Production segment delivers the physical energy commodities. CNOOC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about CNOOC stock

Equity Ratio of CNOOC is 73.07 % in 2025.

Equity Ratio of CNOOC changed from 70.77 % to 73.07 %, representing a 3.25% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Equity Ratio CNOOC since 2006 – with annual values, charts, and detailed analysis.

The equity ratio measures the proportion of total assets financed by shareholders' equity. Higher ratios indicate stronger financial independence and lower leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Equity Ratio's CNOOC with sector peers and the industry average to assess whether it is attractive.

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Leverage — CNOOC

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