News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>HSBC Research: CNOOC May Raise Guidance If Oil Prices Stay High; Estimated 6% Div. Yield Attractive
CNOOC (00883.HK)'s 1Q26 results benefited from rising oil prices and strong production growth, while costs were kept under control, HSBC Global Research said in its report.Alth...
Reset
Send
The window will close in 5 seconds
<Research>HSBC Research: CNOOC May Raise Guidance If Oil Prices Stay High; Estimated 6% Div. Yield Attractive
Close
Recommend
8
Positive
10
Negative
4
 
 

CNOOC (00883.HK)  +0.440 (+1.648%)    Short selling $286.33M; Ratio 24.103%   's 1Q26 results benefited from rising oil prices and strong production growth, while costs were kept under control, HSBC Global Research said in its report.

Although CNOOC's management maintained its 2026 production and capital expenditure guidance unchanged, the broker believes the relevant guidance could be lifted if Brent crude oil remains at USD80 per barrel, supporting further upside in earnings and shareholder returns.

HSBC Global Research has kept a Buy rating and a target price of HKD32.3 for CNOOC, given its growth prospects, high-quality asset base, and an attractive forecast dividend yield of 6%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 12:25.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.