GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Ltd (NYSE:CEO) » Definitions » Other Income (Expense)

CNOOC (CEO) Other Income (Expense) : $197 Mil (TTM As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is CNOOC Other Income (Expense)?

CNOOC's other income expense for the CNOOC's pretax income for the three months ended in Mar. 2024 was $77 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $197 Mil.

CNOOC Other Income (Expense) Historical Data

The historical data trend for CNOOC's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CNOOC Other Income (Expense) Chart

CNOOC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 592.84 -300.34 -539.62 547.21 312.46

CNOOC Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195.91 167.15 116.75 -163.58 76.51

CNOOC Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $197 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CNOOC  (NYSE:CEO) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

CNOOC (CEO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Ltd (NYSE:CEO) » Definitions » Other Income (Expense)
Comparable Companies
HKSE:00467 HKSE:01101 HKSE:01555 HKSE:03395 HKSE:02012 HKSE:00632 COP TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS DVN CTRA TSE:1605 EQT TSX:TOU
Traded in Other Exchanges
00883:Hong Kong NC2B:Germany 600938:China
Address
1 Garden Road, 65th Floor, Bank of China Tower, Hong Kong, HKG, 999077
Website
https://www.cnoocltd.com
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. Production for 2022 averaged 1.71 million barrels of oil equivalent per day (78.5% oil), and year-end proven reserves were 6.24 billion barrels of oil equivalent, or boe, (73.8% oil). Assets outside China make up around 30.6% of production.