CNOOC (FRA:NC2B) FCF Margin % : 28.22% (As of Mar. 2024)

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What is CNOOC FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. CNOOC's Free Cash Flow for the three months ended in Mar. 2024 was €4,019 Mil. CNOOC's Revenue for the three months ended in Mar. 2024 was €14,240 Mil. Therefore, CNOOC's FCF Margin % for the quarter that ended in Mar. 2024 was 28.22%.

As of today, CNOOC's current FCF Yield % is -7.10%.

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

FRA:NC2B' s FCF Margin % Range Over the Past 10 Years
Min: -15.07 Med: 21.38 Max: 31.53
Current: -15.07

During the past 13 years, the highest FCF Margin % of CNOOC was 31.53%. The lowest was -15.07%. And the median was 21.38%.

FRA:NC2B's FCF Margin % is ranked worse than
78.75% of 974 companies
in the Oil & Gas industry
Industry Median: 3.045 vs FRA:NC2B: -15.07

CNOOC FCF Margin % Historical Data

The historical data trend for CNOOC's FCF 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.

* Premium members only.

CNOOC FCF Margin % Chart

CNOOC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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21.68

4.38

26.32

25.64

21.08

CNOOC Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial															28.53	-26.64	-27.58	-34.87	28.22

Competitive Comparison of CNOOC's FCF Margin %

For the Oil & Gas E&P subindustry, CNOOC's FCF Margin %, along with its competitors' market caps and FCF Margin % 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's FCF Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where CNOOC's FCF Margin % falls into.

CNOOC FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

CNOOC's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	11413.12	/	54136.16
	=	21.08 %

CNOOC's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4018.796	/	14240.167
	=	28.22 %

CNOOC FCF Margin % Related Terms

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CNOOC (FRA:NC2B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Ltd (FRA:NC2B) » Definitions » FCF Margin %

Comparable Companies

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.

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