About CNOOC Limited
CNOOC Limited is a Hong Kong-based investment holding company principally engaged in the exploration, production and trading of oil and gas. Its businesses include conventional oil and gas businesses, shale oil and gas businesses, oil sands businesses and other unconventional oil and gas businesses. The Company mainly operates through three segments. Exploration and Production segment is engaged in the exploration, development and production of crude oil, natural gas and other petroleum products. Trading segment is engaged in the trading of crude oil, natural gas and other petroleum products. Corporate segment is engaged in corporate-related businesses. The Company mainly operates businesses in China, Canada, the United Kingdom, Nigeria, Indonesia and Brazil, among others.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Drilling & Exploration
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: CEO
- Previous Close: $121.92
- 50 Day Moving Average: $125.44
- 200 Day Moving Average: $126.38
- 52-Week Range: $100.80 - $138.36
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.62
- P/E Growth: -83.72
- Market Cap: $54.43B
- Outstanding Shares: 446,474,000
- Beta: 0.98
Companies Related to CNOOC Limited:
- Debt-to-Equity Ratio: 0.34%
- Current Ratio: 1.53%
- Quick Ratio: 1.42%
What is CNOOC Limited's stock symbol?
CNOOC Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEO."
How often does CNOOC Limited pay dividends? What is the dividend yield for CNOOC Limited?
CNOOC Limited declared a semiannual dividend on Thursday, August 25th. Stockholders of record on Thursday, September 8th will be paid a dividend of $1.5476 per share on Thursday, October 20th. This represents a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, September 6th.
What are analysts saying about CNOOC Limited stock?
Here are some recent quotes from research analysts about CNOOC Limited stock:
Credit Suisse Group analysts commented, "exhausted" cost-cutting efforts and limited room for further positive surprises."Opex is already close to 2009 levels and there is hardly any room for further cuts. But a structural increase in F&D costs means CNOOC will need higher capex and higher DD&A," analyst Horace Tse wrote in a note."Oil prices have corrected 20% since June peak and the 2H16 growth concern is coming through earlier than anticipated. The extremely weak Asia refining margin could also induce more refinery outages, dampening Asia crude oil demand. A peak in oil prices typically marks a peak in CNOOC's share price," (8/7/2016)
According to Zacks Investment Research, "CNOOC’s growth profile should get a boost over the next three to five years from numerous development projects in offshore China, international growth from recent acquisitions, and intensive exploration and development programs with its partners. Despite the decline in its revenues in the third quarter of 2015, CNOOC has maintained a production target of 475 to 495 million barrels of oil equivalent for 2015, up 10–13% from the 2014 production. However, CNOOC’s third quarter revenues dropped 32.3% on the back of low oil price realization. Further, we are less bullish on the near term due to cascading realizations, a flattish production outlook for 2016 and the absence of catalysts." (3/15/2016)
Who owns CNOOC Limited stock?
CNOOC Limited's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.18%), Russell Investments Group Ltd. (0.08%), Renaissance Technologies LLC (0.04%), Envestnet Asset Management Inc. (0.02%), FMR LLC (0.02%) and O Shaughnessy Asset Management LLC (0.01%).
Who sold CNOOC Limited stock? Who is selling CNOOC Limited stock?
CNOOC Limited's stock was sold by a variety of institutional investors in the last quarter, including O Shaughnessy Asset Management LLC, Dimensional Fund Advisors LP, FMR LLC, AQR Capital Management LLC, Guggenheim Capital LLC, Pitcairn Co., Envestnet Asset Management Inc. and Pacad Investment Ltd..
Who bought CNOOC Limited stock? Who is buying CNOOC Limited stock?
CNOOC Limited's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., TCW Group Inc., Oxford Asset Management, NINE MASTS CAPITAL Ltd, Comerica Bank, Koch Industries Inc., Renaissance Technologies LLC and Cadence Capital Management LLC.
How do I buy CNOOC Limited stock?
Shares of CNOOC Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of CNOOC Limited stock cost?
One share of CNOOC Limited stock can currently be purchased for approximately $121.92.