CNOOC

CNOOC Liabilities

The The Liabilities of CNOOC (883.HK) as of Nov 3, 2026 is 308.73 B CNY. In the previous year, The Liabilities was 339.01 B CNY — a change of -8.93% (lower).

Liabilities

308.73 BCNY

YoY

-8.93%

Last updated:

In 2024, CNOOC's total liabilities amounted to 308.73 B CNY, a -8.93% difference from the 339.01 B CNY total liabilities in the previous year.

The CNOOC Liabilities history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Liabilities
Date
Liabilities
Jan 1, 2018
266.48 B CNY
Jan 1, 2019
309.54 B CNY
Jan 1, 2020
287.57 B CNY
Jan 1, 2021
305.66 B CNY
Jan 1, 2022
331.85 B CNY
Jan 1, 2023
339.01 B CNY
Jan 1, 2024
308.73 B CNY
The CNOOC Liabilities history
YEARLiabilitiesYoY
308.73 BCNY-8.93%
339.01 BCNY+2.16%
331.85 BCNY+8.57%
305.66 BCNY+6.29%
287.57 BCNY-7.10%
309.54 BCNY+16.16%
266.48 BCNY—

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CNOOC Stock analysis

What does CNOOC do? CNOOC Ltd. is a Chinese company that specializes in the exploration, development, production, and marketing of oil and gas. The company was established in 1999 as a state-owned corporation and has been listed on the Hong Kong Stock Exchange since 2001. Its headquarters is located in Beijing, China. History CNOOC Ltd. traces its origins back to the state-owned oil and gas producer China National Offshore Oil Corporation (CNOOC), which was founded in 1982. In 1999, CNOOC Ltd. was established as a subsidiary of CNOOC and listed on the Hong Kong Stock Exchange in the same year. Since then, the company has experienced rapid development and is now considered one of China's largest oil and gas producers. In 2012, CNOOC Ltd. acquired Canadian energy company Nexen for approximately $15 billion, further strengthening its global presence. Business model CNOOC Ltd.'s business model is based on the exploration of oil and gas reserves, the production of crude oil and natural gas, and the refining and processing of petrochemical products. The company operates in various countries worldwide and has both offshore and onshore facilities. Its strategic goals include increasing oil production, optimizing refining capacities, exploring new oil and gas sources, and promoting renewable energies. Divisions CNOOC Ltd. is divided into different divisions that specialize in various areas of the oil and gas industry: - Exploration and production: This division is responsible for the search for and development of oil and gas reserves, the production and sale of crude oil and natural gas, and the management of offshore and onshore facilities. - Trading and marketing: This division handles the import and export of crude oil, natural gas, and petrochemical products, the marketing of CNOOC's products, and the development of distribution channels. - Refining and chemicals: This division is responsible for the refining of crude oil and the production of petrochemical products such as plastics, fertilizers, and other chemicals. Products CNOOC Ltd. offers a wide range of products and services that focus on different areas of the oil and gas industry. The main products include: - Crude oil and natural gas: CNOOC Ltd. is one of the largest producers of crude oil and natural gas in China and operates offshore and onshore facilities in various countries. - Petrochemical products: The company produces a variety of petrochemical products such as ethylene, propylene, butadiene, polyethylene, polypropylene, and other chemicals. - Renewable energies: CNOOC Ltd. is also involved in the generation of renewable energies such as wind and solar power, as well as the development of clean technology and energy-efficient solutions. Conclusion CNOOC Ltd. is a Chinese company operating in the oil and gas industry and has a global presence. It specializes in the exploration, development, production, and marketing of crude oil and natural gas. With its diverse product range and different divisions, CNOOC Ltd. has made a name for itself in the industry and is one of the leading energy companies in China. CNOOC is one of the most popular companies on Eulerpool.

Liabilities Details

Assessing CNOOC's Liabilities

CNOOC's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating CNOOC's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing CNOOC's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

CNOOC's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in CNOOC’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about CNOOC stock

The Liabilities of CNOOC is 308.73 B CNY in 2024.

The Liabilities of CNOOC changed from 339.01 B CNY to 308.73 B CNY, representing a -8.93% change. The value is lower than the previous year.

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

The Liabilities's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track The Liabilities's CNOOC historically and in real time.

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Balance Sheet — CNOOC

All Key Metrics — CNOOC