CNOOC

CNOOC EV/EBITDA

The EV/EBITDA (Enterprise Value to EBITDA) of CNOOC (600938.SS) as of Nov 2, 2026 is 5.30. In the previous year, EV/EBITDA (Enterprise Value to EBITDA) was 6.14 — a change of -13.55% (lower).

EV/EBITDA

5.30

YoY

-13.55%

Last updated:

EV/EBITDA (Enterprise Value to EBITDA) of CNOOC is 2025 5.30 . EV/EBITDA (Enterprise Value to EBITDA) of CNOOC was 2024 6.14 . It decreases by -13.55% lower compared to the previous year.

The CNOOC EV/EBITDA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBITDA
Date
EV/EBITDA
Jan 1, 2018
13.76 CNY
Jan 1, 2019
12.54 CNY
Jan 1, 2020
28.57 CNY
Jan 1, 2021
11.02 CNY
Jan 1, 2022
5.15 CNY
Jan 1, 2023
7.00 CNY
Jan 1, 2024
6.14 CNY
Jan 1, 2025
5.30 CNY
The CNOOC EV/EBITDA history
YEAREV/EBITDAYoY
5.30-13.55%
6.14-12.33%
7.00+35.95%
5.15-53.30%
11.02-61.41%
28.57+127.85%
12.54-8.87%
13.76-47.20%
26.06-102.79%
-934.43-1,360.51%
74.13+403.16%
14.73—

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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

EV/EBITDA (Enterprise Value to EBITDA) of CNOOC is 5.30 in 2025.

EV/EBITDA (Enterprise Value to EBITDA) of CNOOC changed from 6.14 to 5.30, representing a -13.55% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBITDA (Enterprise Value to EBITDA) CNOOC since 2006 – with annual values, charts, and detailed analysis.

The EV/EBITDA ratio is a widely used valuation metric that compares a company's enterprise value to its EBITDA. It normalizes for differences in capital structure, taxation, and depreciation policies.

To evaluate EV/EBITDA (Enterprise Value to EBITDA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBITDA (Enterprise Value to EBITDA).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBITDA (Enterprise Value to EBITDA)'s CNOOC with sector peers and the industry average to assess whether it is attractive.

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