CNOOC (FRA:NC2B) Revenue: €49,673 Mil (TTM As of Mar. 2026)

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FRA:NC2B CNOOC Ltd FRA:NC2B
85 GF Score
Price €2.18
GF Value €1.79
! 1 Warning Sign
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What is CNOOC Revenue?

CNOOC FRA:NC2B 85 Revenue is €49,673 Mil as of Mar. 2026. GuruFocus rates FRA:NC2B with a GF Score™ of 85/100 and a GF Value™ of €1.79. The stock has 1 warning sign investors should review.

CNOOC's revenue for the three months ended in Mar. 2026 was €14,569 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €49,673 Mil. CNOOC's Revenue per Share for the three months ended in Mar. 2026 was €0.31. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €1.04.

Warning Sign:

CNOOC Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of CNOOC was 0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, CNOOC's highest 3-Year average Revenue per Share Growth Rate was 123.40% per year. The lowest was -36.30% per year. And the median was 19.20% per year.


CNOOC  (FRA:NC2B) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


CNOOC Revenue Related Terms


CNOOC Revenue Historical Data

* Premium members only.

The historical data trend for CNOOC's Revenue 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 Revenue Chart

CNOOC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,556.59 58,525.24 54,136.16 55,157.23 48,284.85

CNOOC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 13,634.41 12,165.58 12,545.88 10,393.33 14,568.61

FRA:NC2B vs COP, EOG, FANG: Revenue Comparison

For the Oil & Gas E&P subindustry, CNOOC's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNOOC Revenue vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC's Revenue distribution charts can be found below:

* The bar in red indicates where CNOOC's Revenue falls into.


FRA:NC2B
85GF Score
CNOOC Ltd FRA:NC2B
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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CNOOC Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €49,673 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of €49,673 Mil mean?
CNOOC (FRA:NC2B) has a Revenue of €49,673 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on CNOOC and its competitors.
Is CNOOC's Revenue too high?
CNOOC's current Revenue is €49,673 Mil. Overall, CNOOC has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does CNOOC's Revenue compare to COP and EOG?
CNOOC's Revenue of €49,673 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for an Oil & Gas company?
A good Revenue depends on the Oil & Gas industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on CNOOC and its competitors. CNOOC's current Revenue is €49,673 Mil. 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 (FRA:NC2B) has a current Revenue of €49,673 Mil. The stock's GF Value™ is €1.79, compared to a current price of €2.18 — trading 21.8% above its estimated fair value. The current Revenue is €49,673 Mil. CNOOC's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For CNOOC (FRA:NC2B), the current Revenue is €49,673 Mil 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.

Is CNOOC (FRA:NC2B) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC stock appears to be overvalued. The current stock price of €2.18 is trading 21.8% above its estimated GF Value™ of €1.79.

Key valuation signals for FRA:NC2B:

  • Revenue: €49,673 Mil
  • GF Value™: €1.79 vs. price of €2.18 (21.8% above fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the FRA:NC2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
85GF Score

Get the complete analysis for FRA:NC2B

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.18
Price
€1.79
GF Value