CNOOC's board of directors declared a special dividend of HK$1.18 per share. The last day to buy the securities to receive the dividend is June 15, 2022. The annual dividend yield could be 10.48%.

CNOOC's IFRS net profit for 3 months of 2022 was CN¥34.3 billion, up 2.3 times from CN¥14.805 billion in the previous year. Revenue increased by 70.4% to CN¥82.38 billion from CN¥48.335 billion a year earlier.

CNOOC plans to raise CN¥28.08 billion in a secondary offering in Shanghai. The offering price is set at CN¥10.8. The company will use the proceeds from the share sale to finance one gas project and seven oilfield projects in China and abroad, as well as for capital replenishment, the corporation said.

CNOOC's net income under IFRS for 2021 was CN¥70.307 billion, up 2.8 times from CN¥24.956 billion in the previous year. Revenue rose 58.4% to CN¥246.111 billion from CN¥155.372 billion a year earlier.