CNOOC Limited stock falls 1.85 percent in Hong Kong today

Published on 09/25/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CNOOC Limited stock stood at HKD 23.40 on September 25, 2026, after first-half profit rose 23.4 percent to RMB 85.8 billion. The interim dividend was HKD 0.94 per share.

CNOOC Ltd., HK0883013259, Illustration mit AI erstellt.

CNOOC Limited (ISIN HK0883013259) stood at HKD 23.40 on the Stock Exchange of Hong Kong on September 25, 2026, down 1.85 percent from the previous close of HKD 23.84. The latest market move follows a record first-half performance that continues to shape the stock's valuation discussion.

Profit rises faster than output

According to PR Newswire on August 26, 2026, CNOOC's first-half 2026 net profit attributable to equity shareholders reached RMB 85.8 billion, up 23.4 percent year over year. Oil and gas sales revenue increased 20 percent to RMB 206.1 billion, while net production rose 3.7 percent to 398.7 million BOE.

The comparison is important for investors: profit growth exceeded production growth by 19.7 percentage points. Reuters reported on August 26, 2026, that CNOOC's average realized oil price rose 23.6 percent to USD 85.49 per barrel during the first half.

Dividend adds a cash return signal

The board declared an interim dividend of HKD 0.94 per share for the first half of 2026, according to PR Newswire. The same release reported a 2026 production target of 780 million to 800 million BOE and a capital expenditure budget of RMB 112 billion to RMB 122 billion.

Valuation expectations also moved higher. Simply Wall St reported on September 3, 2026, that the analyst price target increased from HKD 20.46 to HKD 21.36. The new target is 8.7 percent below the September 25 market price, based on the cited figures.

Stock remains below its yearly high

CNOOC's September 25 market capitalization was HKD 1,112,201,039,266, with volume of 18,044,497 shares. The 52-week range was HKD 18.42 to HKD 30.98, placing the stock HKD 7.58 below its yearly high and HKD 4.98 above its yearly low.

For investors, the key tension is visible in the numbers: first-half profit and realized oil prices rose faster than production, while the share price remained 24.5 percent below the 52-week high. The interim dividend and the 2026 production target give the market concrete operating and cash-return benchmarks for the next update.

Hong Kong price snapshot

CNOOC Limited stock stood at HKD 23.40 on the Stock Exchange of Hong Kong on September 25, 2026, with a daily change of -1.85 percent. The reference price was HKD 0.44 below the previous close of HKD 23.84.