Side by sidePetroChina (0857.HK) and CNOOC Limited (0883.HK)Memos of October 12, 2026 and October 13, 2026
PetroChina vs CNOOC Limited stock: the numbers side by side (October 2026)
How do PetroChina and CNOOC Limited compare?
| PetroChina 0857.HK | CNOOC Limited 0883.HK | |
|---|---|---|
| Revenue growth | -2.5%2025 | -5.3%2025 |
| Free cash flow | 95,057RMB millions · 2025 | 90,972RMB millions · 2025 |
| Free cash flow yield | 6.2%Today (Oct 12, 2026) | 9.2%Today (Oct 13, 2026) |
| Dividend yield | 5.6%Today (Oct 12, 2026) | 5.3%Today (Oct 13, 2026) |
| P/E, last 12 months | 8.6xToday (Oct 12, 2026) | 7.14xToday (Oct 13, 2026) |
| P/E, next 12 months | 8.2xToday (Oct 12, 2026) | 5.71xToday (Oct 13, 2026) |
| Weighted price forecast, about 1 year | 10.28 (+11 %)October 2027 | 33.02 (+43 %)October 2027 |
| Weighted price forecast, about 3 years | 11.32 (+33 %)October 2029 | 33.32 (+59 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | PetroChina | The higher figure |
| Free cash flow | PetroChina | The higher figure |
| Free cash flow yield | CNOOC Limited | The higher figure |
| Dividend yield | PetroChina | The higher figure |
| P/E, last 12 months | CNOOC Limited | The lower figure |
| P/E, next 12 months | CNOOC Limited | The lower figure |
| Weighted price forecast, about 1 year | CNOOC Limited | The higher weighted return |
| Weighted price forecast, about 3 years | CNOOC Limited | The higher weighted return |
What does each company do?
PetroChina Company Limited finds and produces oil and gas, refines crude into fuels and chemicals, transports energy, and sells to distributors, businesses, manufacturers and motorists.
PetroChina (0857.HK), from our memo of October 12, 2026 · PetroChina stock forecast
CNOOC Limited finds and produces crude oil, natural gas and associated liquids.
CNOOC Limited (0883.HK), from our memo of October 13, 2026 · CNOOC Limited stock forecast