CNOOC (CEO) Other Operating Expense : $11,684 Mil (TTM As of Mar. 2024)

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What is CNOOC Other Operating Expense?

CNOOC's Other Operating Expense for the three months ended in Mar. 2024 was $925 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $11,684 Mil.

CNOOC's quarterly Other Operating Expense increased from Sep. 2023 ($-1,896 Mil) to Dec. 2023 ($8,782 Mil) but then declined from Dec. 2023 ($8,782 Mil) to Mar. 2024 ($925 Mil).

CNOOC's annual Other Operating Expense increased from Dec. 2021 ($8,906 Mil) to Dec. 2022 ($10,516 Mil) and increased from Dec. 2022 ($10,516 Mil) to Dec. 2023 ($11,477 Mil).

CNOOC Other Operating Expense Historical Data

The historical data trend for CNOOC's Other Operating 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 Operating Expense Chart

CNOOC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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7,302.14

6,255.56

8,906.16

10,515.51

11,477.41

CNOOC Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															724.00	3,873.96	-1,895.75	8,781.69	924.53

CNOOC Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 $11,684 Mil.

CNOOC Other Operating Expense Related Terms

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CNOOC (CEO) Business Description

Industry

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

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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.