CNOOC Energy Technology & Services Ltd (SHG:600968) — Market Cap & Net Worth

$6.59 Billion USD  · CN¥45.03 Billion CNY  · Rank #2996

Market Cap & Net Worth: CNOOC Energy Technology & Services Ltd (600968)

CNOOC Energy Technology & Services Ltd (SHG:600968) has a market capitalization of $6.59 Billion (CN¥45.03 Billion) as of May 5, 2026. Listed on the SHG stock exchange, this China-based company holds position #2996 globally and #407 in its home market, demonstrating a 4.73% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying CNOOC Energy Technology & Services Ltd's stock price CN¥4.43 by its total outstanding shares 10165104199 (10.17 Billion). Analyse CNOOC Energy Technology & Services Ltd (600968) cash conversion ratio to see how efficiently the company converts income to cash.

CNOOC Energy Technology & Services Ltd Market Cap History: 2019 to 2026

CNOOC Energy Technology & Services Ltd's market capitalization history from 2019 to 2026. Data shows growth from $4.02 Billion to $6.59 Billion (7.43% CAGR).

CNOOC Energy Technology & Services Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how CNOOC Energy Technology & Services Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.12x

CNOOC Energy Technology & Services Ltd's market cap is 0.12 times its annual revenue

Industry average: 0.55x Lower than industry average

Latest Price to Earnings (P/E) Ratio

1.74x

CNOOC Energy Technology & Services Ltd's market cap is 1.74 times its annual earnings

Industry average: 12.60x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2019 $4.02 Billion $33.46 Billion $1.23 Billion 0.12x 3.26x
2020 $3.32 Billion $33.21 Billion $1.52 Billion 0.10x 2.18x
2021 $4.15 Billion $38.74 Billion $1.28 Billion 0.11x 3.23x
2022 $4.17 Billion $47.78 Billion $2.42 Billion 0.09x 1.72x
2023 $4.24 Billion $49.31 Billion $3.08 Billion 0.09x 1.38x
2024 $6.35 Billion $52.52 Billion $3.66 Billion 0.12x 1.74x

Competitor Companies of 600968 by Market Capitalization

Companies near CNOOC Energy Technology & Services Ltd in the global market cap rankings as of May 5, 2026.

Key companies related to CNOOC Energy Technology & Services Ltd by market ranking:

  • Schlumberger NV (NYSE:SLB): Ranked #396 globally with a market cap of $66.89 Billion USD.
  • Baker Hughes Co (NASDAQ:BKR): Ranked #417 globally with a market cap of $62.90 Billion USD.
  • Halliburton Company (NYSE:HAL): Ranked #836 globally with a market cap of $31.57 Billion USD.
  • TechnipFMC PLC (NYSE:FTI): Ranked #1002 globally with a market cap of $26.04 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#396 Schlumberger NV NYSE:SLB $66.89 Billion $55.63
#417 Baker Hughes Co NASDAQ:BKR $62.90 Billion $69.01
#836 Halliburton Company NYSE:HAL $31.57 Billion $41.98
#1002 TechnipFMC PLC NYSE:FTI $26.04 Billion $74.60

CNOOC Energy Technology & Services Ltd Historical Marketcap From 2019 to 2026

Between 2019 and today, CNOOC Energy Technology & Services Ltd's market cap moved from $4.02 Billion to $ 6.59 Billion, with a yearly change of 7.43%.

Year Market Cap Change (%)
2026 CN¥6.59 Billion +15.36%
2025 CN¥5.71 Billion -10.07%
2024 CN¥6.35 Billion +49.82%
2023 CN¥4.24 Billion +1.71%
2022 CN¥4.17 Billion +0.48%
2021 CN¥4.15 Billion +24.78%
2020 CN¥3.32 Billion -17.32%
2019 CN¥4.02 Billion --

End of Day Market Cap According to Different Sources

On May 5th, 2026 the market cap of CNOOC Energy Technology & Services Ltd was reported to be:

Source Market Cap
Yahoo Finance $6.59 Billion USD
MoneyControl $6.59 Billion USD
MarketWatch $6.59 Billion USD
marketcap.company $6.59 Billion USD
Reuters $6.59 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About CNOOC Energy Technology & Services Ltd

SHG:600968 China Oil & Gas Equipment & Services
Market Cap
$6.59 Billion
CN¥45.03 Billion CNY
Market Cap Rank
#2996 Global
#407 in China
Share Price
CN¥4.43
Change (1 day)
+0.23%
52-Week Range
CN¥3.71 - CN¥5.63
All Time High
CN¥5.63
About

CNOOC Energy Technology & Services Limited operates as an offshore and onshore oil and gas production company in China and internationally. The company offers energy technology services, including engineering and technical services; equipment design; manufacturing, operation, and maintenance; and integrated oil and gas field production services; oil field recovery rates; supervision and inspectio… Read more