🎉 M&A multiples are live!
Check it out!

CNOOC Valuation Multiples

Discover revenue and EBITDA valuation multiples for CNOOC and similar public comparables like TAQA, AGL Energy, and Dana Gas.

CNOOC Overview

About CNOOC

CNOOC is China’s main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Net production for 2024 reached 726.8 million barrels of oil equivalent (78.0% oil), and year-end proven reserves were 7.27 billion barrels of oil equivalent. Assets outside China make up around 32.2% of production.


Founded

1999

HQ

Hong Kong
Employees

20.0K+

Website

cnoocltd.com

Financials

LTM Revenue $62.7B

LTM EBITDA $38.9B

EV

$94.2B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

CNOOC Financials

CNOOC has a last 12-month revenue (LTM) of $62.7B and a last 12-month EBITDA of $38.9B.

In the most recent fiscal year, CNOOC achieved revenue of $54.4B and an EBITDA of $34.7B.

CNOOC expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See CNOOC valuation multiples based on analyst estimates

CNOOC P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $62.7B XXX $54.4B XXX XXX XXX
Gross Profit $32.8B XXX $36.7B XXX XXX XXX
Gross Margin 52% XXX 67% XXX XXX XXX
EBITDA $38.9B XXX $34.7B XXX XXX XXX
EBITDA Margin 62% XXX 64% XXX XXX XXX
EBIT $27.4B XXX $24.6B XXX XXX XXX
EBIT Margin 44% XXX 45% XXX XXX XXX
Net Profit $20.3B XXX $17.6B XXX XXX XXX
Net Margin 32% XXX 32% XXX XXX XXX
Net Debt XXX XXX $5.5M XXX XXX XXX

Financial data powered by Morningstar, Inc.

CNOOC Stock Performance

As of May 30, 2025, CNOOC's stock price is HKD 19 (or $2).

CNOOC has current market cap of HKD 889B (or $113B), and EV of HKD 738B (or $94.2B).

See CNOOC trading valuation data

CNOOC Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$94.2B $113B XXX XXX XXX XXX $0.39

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

CNOOC Valuation Multiples

As of May 30, 2025, CNOOC has market cap of $113B and EV of $94.2B.

CNOOC's trades at 1.7x EV/Revenue multiple, and 2.7x EV/EBITDA.

Equity research analysts estimate CNOOC's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

CNOOC has a P/E ratio of 6.1x.

See valuation multiples for CNOOC and 12K+ public comps

CNOOC Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $113B XXX $113B XXX XXX XXX
EV (current) $94.2B XXX $94.2B XXX XXX XXX
EV/Revenue 1.6x XXX 1.7x XXX XXX XXX
EV/EBITDA 2.6x XXX 2.7x XXX XXX XXX
EV/EBIT 3.7x XXX 3.8x XXX XXX XXX
EV/Gross Profit 3.1x XXX n/a XXX XXX XXX
P/E 6.1x XXX 6.4x XXX XXX XXX
EV/FCF 7.8x XXX 7.6x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get CNOOC Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

CNOOC Margins & Growth Rates

CNOOC's last 12 month revenue growth is 1%

CNOOC's revenue per employee in the last FY averaged $2.7M, while opex per employee averaged $0.6M for the same period.

CNOOC's rule of 40 is 60% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

CNOOC's rule of X is 65% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for CNOOC and other 12K+ public comps

CNOOC Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 1% XXX 4% XXX XXX XXX
EBITDA Margin 62% XXX 64% XXX XXX XXX
EBITDA Growth -1% XXX 5% XXX XXX XXX
Rule of 40 60% XXX 65% XXX XXX XXX
Bessemer Rule of X XXX XXX 65% XXX XXX XXX
Revenue per Employee XXX XXX $2.7M XXX XXX XXX
Opex per Employee XXX XXX $0.6M XXX XXX XXX
S&M Expenses to Revenue XXX XXX n/a XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX 22% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

CNOOC Public Comps

See public comps and valuation multiples for Energy Exploration & Generation and Fossil Fuels comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
ADNOC Drilling Company XXX XXX XXX XXX XXX XXX
ADNOC Gas XXX XXX XXX XXX XXX XXX
Dana Gas XXX XXX XXX XXX XXX XXX
TAQA XXX XXX XXX XXX XXX XXX
AGL Energy XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

CNOOC M&A and Investment Activity

CNOOC acquired  XXX companies to date.

Last acquisition by CNOOC was  XXXXXXXX, XXXXX XXXXX XXXXXX . CNOOC acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by CNOOC

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About CNOOC

When was CNOOC founded? CNOOC was founded in 1999.
Where is CNOOC headquartered? CNOOC is headquartered in Hong Kong.
How many employees does CNOOC have? As of today, CNOOC has 20.0K+ employees.
Who is the CEO of CNOOC? CNOOC's CEO is Mr. Xinhuai Zhou.
Is CNOOC publicy listed? Yes, CNOOC is a public company listed on HKG.
What is the stock symbol of CNOOC? CNOOC trades under 00883 ticker.
When did CNOOC go public? CNOOC went public in 2001.
Who are competitors of CNOOC? Similar companies to CNOOC include e.g. ADNOC Drilling Company, ADNOC Gas, Dana Gas, TAQA.
What is the current market cap of CNOOC? CNOOC's current market cap is $113B
What is the current revenue of CNOOC? CNOOC's last 12 months revenue is $62.7B.
What is the current revenue growth of CNOOC? CNOOC revenue growth (NTM/LTM) is 1%.
What is the current EV/Revenue multiple of CNOOC? Current revenue multiple of CNOOC is 1.6x.
Is CNOOC profitable? Yes, CNOOC is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of CNOOC? CNOOC's last 12 months EBITDA is $38.9B.
What is CNOOC's EBITDA margin? CNOOC's last 12 months EBITDA margin is 62%.
What is the current EV/EBITDA multiple of CNOOC? Current EBITDA multiple of CNOOC is 2.6x.
What is the current FCF of CNOOC? CNOOC's last 12 months FCF is $13.2B.
What is CNOOC's FCF margin? CNOOC's last 12 months FCF margin is 21%.
What is the current EV/FCF multiple of CNOOC? Current FCF multiple of CNOOC is 7.8x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.