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CNOOC Limited (600938:HKG) Strategic SWOT, PESTLE Analysis and Financial Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, Financial and Operational KPI's, and Recent Trends
Company Report I 2024-07-12 I 100 Pages I Quaintel Research
Report Summary
CNOOC Limited (600938:HKG) Strategic SWOT, PESTLE Analysis and Financial Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, Financial and Operational KPI's, and Recent Trends Report is a comprehensive and easily accessible overview of CNOOC Limited's business operations. It provides a detailed analysis of the company's financial and strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about CNOOC Limited including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses CNOOC Limited's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. The PESTLE analysis evaluates the external factors impacting the company's operations and market environment. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of CNOOC Limited's overall strategic standing and supports informed decision-making and strategic planning.
The report also covers CNOOC Limited's financial analysis basis of latest income statement, balance sheet, and cash flow statement. Key financial ratios related to profitability, asset turnover, credit, market, and long-term solvency are outlined, providing guidance for investment decisions. Furthermore, the report compares CNOOC Limited's financial parameters with those of its competitors, offering a unique analysis of the competitive landscape. This information helps manage the business environment and improve sales activities by gaining insight into competitors' operations.
Finally, the report includes recent news and deal activities undertaken by CNOOC Limited enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
CNOOC Limited is China's leading offshore oil and gas producer, and a major player globally. The company is listed in Hong Kong (SEHK: 883) and it focuses on exploring, developing, and selling crude oil and natural gas, primarily from offshore sources. It is one of the "Big Three" Chinese oil companies, alongside CNPC and Sinopec. While traditionally focused on offshore exploration, CNOOC is expanding into other areas of the oil and gas industry. The Company's core operation areas are Bohai, the Western South China Sea, the Eastern South China Sea and the East China Sea in offshore China. The Company has oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of 31 December 2023, the Company owned net proved reserves of approximately 6.78 billion BOE, and its average daily net production was 1,857,619 BOE. The Company had total assets of approximately RMB1,005.6 billion.
CNOOC Limited in the News:-
- 01-Jul-2024 - CNOOC announces the start of production of China's first green-design oilfield offshore
- 27-Jun-2024 - CNOOC Announces Enping 21-4 Oilfield Development Project Starts Production
- 06-Jun-2024 - CNOOC announces major exploration breakthrough in western South China Sea
- 24-May-2024 - CNOOC's subsidiary signs oil exploration and production concession contract with Mozambique's Ministry of Energy and Mines and Mozambique's National Oil Company
- 07-May-2024 - CNOOC Announces the Start of Production of Well Block 5 Development Project in Block 13-2 of Bozhong 19-6
Scope
- Tactical Analysis:- Various strategic frameworks to gain insights into a company's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
- Business Strategy:- Contributes to shaping the company's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
- Financial Position:- Provide valuable information on the financial performance and investor sentiment surrounding the company. Indicating the level of confidence and expectations in the company's future prospects. These components collectively contribute to understanding the financial health and market perception of the company.
- Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
- Competitive Landscape:- An identification of the company's main competitors, providing insights into the competitive landscape it operates in.
Reasons to Buy
- Comprehensive Understanding of the CNOOC Limited's internal and external factors through SWOT analysis, PESTLE analysis, Financial Analysis, and Competitors Benchmarking.
- Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
- Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
- Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
- Financial Performance Evaluation provides crucial insights into key financial ratios and trends, supporting better financial decision-making and resource allocation.
- Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
Additionally, available deep-dive analysis on the company CNOOC Limited:
- CNOOC Limited Value Chain Analysis
- CNOOC Limited Porter's Five Forces Analysis
- CNOOC Limited VRIO Analysis
- CNOOC Limited BCG Analysis
- CNOOC Limited Segmentation, Targeting and Positioning (STP) Analysis
- CNOOC Limited Ansoff Matrix Analysis
Table of Contents
COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 6
Charts 7
CNOOC Limited - Key Company Facts 8
CNOOC Limited - Company Description 9
CNOOC Limited - Top Executives 10
CNOOC Limited- Top Executives Biographies 11
CNOOC Limited- Head Office & Locations 15
Head Office - Country 15
Key Subsidiaries 16
Key Joint Ventures 18
CNOOC Limited - Products and Services 19
Products 19
Services 20
CNOOC Limited - Historic Events 21
CNOOC Limited - Company's Management Discussion 23
CNOOC Limited - Company's Mission and Vision 25
Vision 25
CNOOC Limited - Corporate Strategy 26
CNOOC Limited - Business Description 30
Exploration 30
Trading 31
CNOOC Limited - ESG Spotlight 32
Environment 32
Social 33
Corporate Governance 33
CNOOC Limited - SWOT Analysis 35
Overview 35
Strengths 37
Weaknesses 40
Opportunities 41
Threats 43
CNOOC Limited - PESTLE Analysis 45
Overview 45
Political Factors 47
Economic Factors 49
Social Factors 50
Technological Factors 51
Legal Factors 53
Environmental Factors 54
CNOOC Limited - Financial Deep Dive 55
Share Price Trend - Jul-2023 to Jul-2024 (Average Share Closing Price) 55
Profit and Loss Statement 57
Summary of Profit and Loss Statement 57
Balance Sheet 59
Summary of Balance Sheet 59
Cash Flow Statement 61
Summary of Cash Flow Statement 61
Key Financial Ratio Analysis 63
CNOOC Limited - Ratio Charts 64
Activity Ratio Charts 64
Growth Ratios Charts 65
Leverage Ratio Charts 66
Liquidity Ratio Charts 67
Profitability Ratio Charts 68
Competing Players 69
Snapshot of Competing Players 70
Chevron Corporation 70
Key Company Facts 70
Company Description 70
Snapshot of Competing Players 72
China Petroleum & Chemical Corporation 72
Key Company Facts 72
Company Description 72
Snapshot of Competing Players 74
Exxon Mobil Corporation 74
Key Company Facts 74
Company Description 74
Snapshot of Competing Players 76
PetroChina Company Limited 76
Key Company Facts 76
Company Description 76
Snapshot of Competing Players 78
Shell plc 78
Key Company Facts 78
Company Description 78
CNOOC Limited - In the News 80
01-Jul-2024 - CNOOC announces the start of production of China's first green-design oilfield offshore 80
27-Jun-2024 - CNOOC Announces Enping 21-4 Oilfield Development Project Starts Production 81
06-Jun-2024 - CNOOC announces major exploration breakthrough in western South China Sea 81
24-May-2024 - CNOOC's subsidiary signs oil exploration and production concession contract with Mozambique's Ministry of Energy and Mines and Mozambique's National Oil Company 82
07-May-2024 - CNOOC Announces the Start of Production of Well Block 5 Development Project in Block 13-2 of Bozhong 19-6 83
25-Apr-2024 - CNOOC achieves strong growth in net production and net profit in the first quarter of 2024 84
02-Apr-2024 - CNOOC releases 2023 ESG report 85
21-Mar-2024 - Strong Growth of Production Continues with Remarkable Cost Control and Financial Performance CNOOC Limited Announced Its 2023 Annual Results 88
18-Mar-2024 - CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 27-3 in Bohai Sea 89
08-Mar-2024 - CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Kaiping South in South China Sea 89
05-Feb-2024 - CNOOC Limited Announces Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project Commences Production 90
25-Jan-2024 - CNOOC Limited Announces Its 2024 Business Strategy and Development Plan 91
03-Jan-2024 - CNOOC Limited Announces Lufeng Oilfields Phase II Development Project Commences Production 91
02-Jan-2024 - CNOOC Limited Announces Mero2 Project Commences Production 92
26-Oct-2023 - CNOOC Limited Announces Enping 18-6 Oilfield Development Project Commences Production 92
23-Oct-2023 - CNOOC Limited Discovers Deep Coalbed Methane Field with Proved Gas In-place of over 100 Billion Cubic Meters 93
15-Sep-2023 - CNOOC Limited Announces Payara Project in Guyana Commences Production 93
14-Sep-2023 - CNOOC Limited Announces Bozhong 19-6 Condensate Gas Field Phase I Development Project Commences Production 94
Appendix 95
Definitions 95
SWOT Analysis 95
PESTLE Analysis 95
Value Chain Analysis 95
ESG Spotlight 95
Financial Deep Dive 95
Financial Ratios - 96
Activity Ratios 96
Growth Ratios 97
Leverage Ratios 98
Liquidity Ratios 99
Market Ratios 100
Profitability Ratios 100
Research Methodology 101
Disclaimer 102
Contact Us 102
Tables
Table 1: CNOOC Limited - Company Facts
Table 2: CNOOC Limited - Top Executives
Table 3: CNOOC Limited - Top Executives Biographies
Table 4: CNOOC Limited - Subsidiaries
Table 5: CNOOC Limited - Key Joint Ventures
Table 6: CNOOC Limited - Products
Table 7: CNOOC Limited - Services
Table 8: CNOOC Limited - Historic Events
Table 9: CNOOC Limited - Share Price Trend - Jul-2023 to Jul-2024
Table 10: CNOOC Limited - Ratio Analysis - 2020-2023
Table 11: CNOOC Limited - Competing Players
Charts
Figure 1: CNOOC Limited- SWOT Analysis 36
Figure 2: CNOOC Limited - PESTLE Analysis 46
Figure 3: CNOOC Limited - Average Share Price Trend - Jul-2023 to Jul-2024 56
Figure 4: CNOOC Limited - Profit and Loss Statement - 2020-2023 58
Figure 5: CNOOC Limited - Balance Sheet - 2020-2023 60
Figure 6: CNOOC Limited - Cash Flow Statement 2020-2023 62
Figure 7: CNOOC Limited - Activity Ratio Charts 64
Figure 8: CNOOC Limited - Growth Ratio Charts (Value %) 65
Figure 9: CNOOC Limited - Leverage Ratio Charts 66
Figure 10: CNOOC Limited - Liquidity Ratio Charts 67
Figure 11: CNOOC Limited - Profitability Ratio Charts (Value %) 68
Figure 12: Competing Players - Chevron Corporation - Key Financials 71
Figure 13: Competing Players - China Petroleum & Chemical Corporation - Key Financials 73
Figure 14: Competing Players - Exxon Mobil Corporation - Key Financials 75
Figure 15: Competing Players - PetroChina Company Limited - Key Financials 77
Figure 16: Competing Players - Shell plc - Key Financials 79
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