Company: CNOOC Limited

Bloomberg ticker: 883 HK

Market cap: US$65,839m

Background: CNOOC Limited is a Chinese SOE that is one of the largest producers of offshore crude oil and natural gas in China. The company has reserves of about 5bn barrels of oil equivalent (BOE), and an average daily production of about 1.4m BOE.

World Class Benchmarking of CNOOC

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• Profitable Growth rank of 3 was up compared to the prior period’s 4th rank
• This is above average performance compared to 300 large Energy companies worldwide
• Profitability rank of 2 was better than its Growth rank of 4
• Profitability rank of 2 was up compared to the prior period’s 3rd rank
• This is World Class performance compared to peers
• Growth rank of 4 was up compared to the prior period’s 6th rank
• This is above average performance compared to peers

 

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