China Oilfield Services Ltd (2883)

Currency in HKD
7.34
+0.35(+5.01%)
Closed·
Earnings results expected in 8 days
High dividend Yield
2883 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
7.027.34
52 wk Range
6.0911.74
Key Statistics
Bid/Ask
7.34 / 7.34
Prev. Close
6.99
Open
7.02
Day's Range
7.02-7.34
52 wk Range
6.09-11.74
Volume
10.91M
Average Volume (3m)
8.38M
1-Year Change
2.0862%
Fair Value
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Fair Value Upside
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2883 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
10.47
Upside
+42.62%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

9 Buy
1 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 10.47
(+42.62% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Macquarie
Buy10.62+44.69%-MaintainJul 29, 2026
JPMorgan
Buy11.40+55.31%10.40MaintainMay 07, 2026
Macquarie
Buy10.62+44.69%8.60MaintainMar 30, 2026
Citi
Buy11.60+58.04%9.50MaintainMar 26, 2026
JPMorgan
Buy10.40+41.69%11.00MaintainSep 19, 2025

China Oilfield Services Ltd Earnings Call Summary for Q3/2025

  • China Oilfield Services reported Q3 2025 EPS of $0.26, exceeding forecasts by 62.5%, with revenue of $11.53 billion, driving a 7.19% stock price increase to $7.60.
  • The company reduced its effective tax rate from 28% to 20% due to improved Norwegian operations and repaid $1 billion in debt with plans for RMB 3 billion more next year.
  • Overseas technical contracts grew by 47%, highlighting COSL's successful international expansion strategy, particularly in Southeast Asia and the Middle East.
  • Management forecasts slight revenue growth in Q4 2025 due to account settling, while maintaining focus on operational efficiency and technological innovation.
  • Despite strong performance, COSL faces risks from potential upstream investment reductions and heavy reliance on the domestic market for Well Services revenue.
Last Updated: 2025-10-30, 08:20 a/m
Read Full Transcript

Earnings

Latest Release
Apr 22, 2026
EPS / Forecast
0.18 / 0.71
Revenue / Forecast
11.3B / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.80%
Dividend Yield
4.63%
Industry Median 3.95%
Annualized payout
0.32
Paid unevenly
5-Years Growth
+10.69%
Growth Streak

2883 Income Statement

Compare 2883 to Peers and Sector

Metrics to compare
2883
Peers
Sector
Relationship
P/E Ratio
12.2x19.3x5.7x
PEG Ratio
1.030.210.00
Price/Book
1.0x1.4x1.1x
Price / LTM Sales
0.9x1.4x1.4x
Upside (Analyst Target)
44.8%20.0%23.7%
Fair Value Upside
Unlock18.2%6.9%Unlock

China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally. The company operates through four divisions: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. It offers drilling services, including drilling lift boats and accommodation and rigs; well services, such as directional drilling, logging, drilling and completion fluids, cementing, workover, production and optimization, and well completion; and geophysics and geotechnical surveying, as well as marine support vessels comprising anchor handling, towing, cargo (passenger) transportation, stand-by, and oil lifting assisting services. The company was incorporated in 2001 and is based in Sanhe, China. China Oilfield Services Limited is a subsidiary of China National Offshore Oil Corporation.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
697.75M14.62%4.87B
Other Institutional Investors
2.78B58.24%19.41B
Public Companies & Retail Investors
1.29B27.13%9.04B
Total
4.77B100.00%33.33B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
China National Offshore Oil Corporation50.86%2,426,857,30016,951,598
Fidelity International Ltd3.79%180,764,0001,262,637

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FAQ

What Is the China Oilfield Services (2883) Stock Price Today?

The China Oilfield Services stock price today is 7.34 HKD.

What Stock Exchange Does China Oilfield Services Trade On?

China Oilfield Services is listed and trades on the Hong Kong Stock Exchange.

What Is the Stock Symbol for China Oilfield Services?

The stock symbol for China Oilfield Services is "2883."

Does China Oilfield Services Pay Dividends? What’s The Current Dividend Yield?

The China Oilfield Services dividend yield is 4.41%.

What Is the China Oilfield Services Market Cap?

As of today, China Oilfield Services market cap is 54.17B HKD.

What Is China Oilfield Services's Earnings Per Share (TTM)?

The China Oilfield Services EPS (TTM) is 0.80.

When Is the Next China Oilfield Services Earnings Date?

China Oilfield Services will release its next earnings report on Aug 26, 2026.

From a Technical Analysis Perspective, Is 2883 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has China Oilfield Services Stock Split?

China Oilfield Services has split 0 times.

How Many Employees Does China Oilfield Services Have?

China Oilfield Services has 15533 employees.

What is the current trading status of China Oilfield Services (2883)?

As of Aug 18, 2026, China Oilfield Services (2883) is trading at a price of 7.34 HKD, with a previous close of 6.99 HKD. The stock has fluctuated within a day range of 7.02 HKD to 7.34 HKD, while its 52-week range spans from 6.09 HKD to 11.74 HKD.

What Is China Oilfield Services (2883) Price Target According to Analysts?

The average 12-month price target for China Oilfield Services is 10.47 HKD, with a high estimate of 11.65406537 HKD and a low estimate of 9.07060603 HKD. 9 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +42.62% Upside potential.
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