HONG KONG (AP) — HONG KONG (AP) — CNOOC Ltd. (CEO) on Thursday reported net income of $4.69 billion in its first quarter.

The Hong Kong-based company said it had net income of $9.94 per share.

The oil and gas producer posted revenue of $14.28 billion in the period.

CNOOC shares have climbed 33% since the beginning of the year. The stock has climbed 11% in the last 12 months.

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