CNOOC Ltd (HKSE:00883)

HK$ 19.32 -0.22 (-1.13%) Market Cap: 953.28 Bil Enterprise Value: 849.26 Bil PE Ratio: 6.44 PB Ratio: 1.20 GF Score: 85/100

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CNOOC Ltd Strategy Preview Analyst Briefing Transcript
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Half Year 2020 CNOOC Ltd Earnings Call Transcript
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Full Year 2019 CNOOC Ltd Earnings Call Transcript
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Full Year 2018 CNOOC Ltd Earnings Call (Chinese, English) Transcript
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CNOOC Ltd Strategy Preview Analyst Briefing Transcript

Jan 13, 2020 / 09:00AM GMT

Release Date Price: HK$13.74 (+1.48%)

Transcript

Operator

Good afternoon, everyone. Welcome to the 2020 Strategy Preview of CNOOC Limited.

Addressing you today are Mr. Xu Keqiang, CEO and President of CNOOC Limited; and Mr. Xie Weizhi, CFO of CNOOC Limited. Now I would like to hand it over to the management.

Weizhi Xie

CNOOC Limited - CFO

Good afternoon, ladies and gentlemen. Welcome to CNOOC Limited 2020 Strategy Preview. Chinese New Year is approaching. I would like to take this opportunity to wish you a prosperous year of the rat.

Before we start, please take a moment to read the disclaimer on Slide 2. Let's turn to the next slide.

Today's presentation includes 3 parts: firstly, we will discuss the company's operating strategy; secondly, we will look at the 2020 operating guidance; and thirdly, I will provide an update on our future outlook.

To begin with, let's look at our operating strategy. In 2020, we will focus on the following areas: steadily increase oil/gas reserves and production levels, maintain cost competitiveness and a prudent investment decision-making and focus

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