CNOOC (MEX:883N) OCF Margin %: 47.51% (As of Mar. 2026) — Near Median


What is CNOOC OCF Margin %?

CNOOC MEX:883N 79 OCF Margin % is 47.51% as of Mar. 2026, which is 9% below its 10-year median of 52.03. GuruFocus rates MEX:883N with a GF Score™ of 79/100. The stock has 1 warning sign investors should review. Among 906 Oil & Gas companies, CNOOC ranks worse than 50.22% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. CNOOC's Cash Flow from Operations for the three months ended in Mar. 2026 was MXN144,290.90 Mil. CNOOC's Revenue for the three months ended in Mar. 2026 was MXN303,712.63 Mil. Therefore, CNOOC's OCF Margin % for the quarter that ended in Mar. 2026 was 47.51%.

As of today, CNOOC's current OCF Yield % is 6.03%.

The historical rank and industry rank for CNOOC's OCF Margin % or its related term are showing as below:


During the past 13 years, the highest OCF Margin % of CNOOC was 59.47%. The lowest was 47.56%. And the median was 52.03%.

MEX:883N's OCF Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 13.93
* Ranked among companies with meaningful OCF Margin % only.

CNOOC OCF Margin % Related Terms

CNOOC OCF Margin % Historical Data

* Premium members only.

The historical data trend for CNOOC's OCF Margin % 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.

CNOOC OCF Margin % Chart

CNOOC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.47 47.56 49.76 52.53 52.49

CNOOC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 53.60 0.00 0.00 0.00 47.51

CNOOC OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

CNOOC's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=534408.726/1018035.815
=52.49 %

CNOOC's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=144290.904/303712.625
=47.51 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 47.51% mean?
CNOOC (MEX:883N) has a OCF Margin % of 47.51% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on CNOOC and its competitors. This is near median its historical median of 52.03. Over the past decade, CNOOC's OCF Margin % has ranged from 47.56 to 59.47. According to the industry distribution chart, CNOOC ranks #455 out of 906 companies in the Oil & Gas industry, placing it in the top 50.2%.
Is CNOOC's OCF Margin % too high?
CNOOC's current OCF Margin % of 47.51% is near median its 10-year median of 52.03. Over the past 10 years, this metric has ranged from a low of 47.56 to a high of 59.47. The Oil & Gas industry median OCF Margin % is 13.93. CNOOC's value of 47.51% is 241.1% above this industry median. Based on the distribution chart, CNOOC ranks #455 out of 906 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CNOOC has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does CNOOC's OCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, CNOOC ranks #455 out of 906 companies for OCF Margin %. This places CNOOC in the lower half of its industry. The industry median OCF Margin % is 13.93. CNOOC's value of 47.51% is 241.1% above this benchmark. Historically, CNOOC's own OCF Margin % has ranged from 47.56 to 59.47 over the past decade. While the company's 10-year median is 52.03 vs. the industry median of 13.93, CNOOC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.93, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNOOC's current OCF Margin % of 47.51% is 241.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on CNOOC and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNOOC's current OCF Margin % is 47.51%, which is near median its own 10-year median of 52.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNOOC stock overvalued right now?
CNOOC (MEX:883N) has a current OCF Margin % of 47.51%. The current OCF Margin % is 47.51%, which is near median its 10-year median of 52.03 and 241.1% above the Oil & Gas industry median of 13.93. CNOOC's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For CNOOC (MEX:883N), the current OCF Margin % is 47.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CNOOC Business Description

Industry EnergyOil & Gas
Other Exchanges 00883:Hong Kong600938:China
Address 1 Garden Road, 65th Floor, Bank of China Tower, Hong Kong, HKG, 999077
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 2025 reached 777.3 million barrels of oil equivalent (77.2% oil), and year-end proven reserves were 7.77 billion barrels of oil equivalent. Assets outside China make up around 30.9% of production.