CNOOC stock sits 21.56 percent below its 52-week high ahead of results

Published on 10/13/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit rose 23.40 percent at CNOOC on October 8, 2026. For CNOOC stock, results fall on October 31, 2026, with dividend payment on October 16, 2026.

Key points in brief

CNOOC stock stood 21.56 percent below its HKD 30.98 52-week high on October 13, 2026.
First-half 2026 net profit rose 23.40 percent as higher oil prices supported production earnings.
CNOOC Group had invested RMB 522 million in H shares by October 8, 2026.
The next results date is October 31, 2026, while the interim dividend payment date is October 16, 2026.

CNOOC Ltd., HK0883013259, Illustration mit AI erstellt.

CNOOC Ltd. (ISIN HK0883013259) was valued at HKD 24.30 on the Hong Kong Stock Exchange at 3:28 p.m. HKT on October 13, 2026, placing CNOOC stock 21.56 percent below its HKD 30.98 52-week high. The next results date is October 31, 2026, according to Investing.com.

Share purchases reach RMB 522 million

On October 8, 2026, CNOOC Group had cumulatively spent RMB 522 million on 31.812 million H shares under its share-increase plan, according to Zhitong Finance. The purchases represented 0.0669 percent of the company total, while the group said it would continue acquiring shares when conditions allowed.

The pace matters because the amount invested was below 50 percent of the lower bound of the planned acquisition range by October 8, 2026. The same report cited geopolitical developments, volatile crude prices and changing capital-market conditions as factors affecting the schedule.

What drove first-half profit growth?

CNOOC reported a 23.40 percent increase in net profit for the first half of 2026, with production remaining the main earnings driver as oil prices rose, Mysteel reported on October 9, 2026. CNOOC's first-half net production reached 398.70 million barrels of oil equivalent, up 3.70 percent from the prior-year period.

The operating mix gives CNOOC more direct exposure to crude prices than integrated peers with large refining businesses. That helped the company capture higher prices, but it also leaves earnings sensitive to oil-market volatility.

Three dated operating milestones

On August 26, 2026, CNOOC reported first-half results with net profit growth of 23.40 percent. On September 16, 2026, a CNOOC unit began construction of facilities for a USD 4.00 billion Qatar oil and gas project, according to MarketScreener. On October 8, 2026, CNOOC Group reported cumulative H-share purchases of 31.812 million shares.

Upcoming dividend and results dates

CNOOC's interim dividend payment is scheduled for October 16, 2026, while the next earnings report is scheduled for October 31, 2026, according to Simply Wall St and Investing.com.

Stock remains below its yearly high

CNOOC stock was at HKD 24.30 on the Hong Kong Stock Exchange on October 13, 2026, against a 52-week range of HKD 18.42 to HKD 30.98. The company had a market capitalization of HKD 1.2 trillion on the same date. The further course of trading is shown by the continuously updated real-time quote of CNOOC stock.