CNOOC Stock Slips 1.5% in Hong Kong, Underperforms Competitors

Dow Jones

Jul 17, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of CNOOC Ltd. slipped 1.5% to 18.24 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.1% to 24498.95.

This was the stock's third consecutive day of losses.

CNOOC Ltd. closed 18% below its 52-week high of HK$22.25, which the company achieved Oct. 7.

The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. fell 0.7% and PetroChina Co. Ltd. fell 0.7%.

Trading volume totaled 62.9 million shares, compared to the 50-day average of 86.6 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 17, 2025 04:32 ET (08:32 GMT)

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Ltd. fell 0.7%. \n\n\n     Trading volume totaled 62.9 million shares, compared to the 50-day average of 86.6 million shares. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 17, 2025 04:32 ET (08:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}