NYSE:CEOCNOOC Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CNOOC Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $113.26 +1.70 (+1.52 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$112.92Now: $113.26▼$114.7750-Day Range$105.65MA: $112.22▼$119.4252-Week Range$81.11Now: $113.26▼$181.13Volume140,000 shsAverage Volume162,210 shsMarket Capitalization$50.57 billionP/E Ratio5.76Dividend Yield9.17%Beta1.12 ProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil, natural gas, and other petroleum products. It operates through Exploration and Production, and Trading Business segments. The company produces offshore crude oil and natural gas primarily in Bohai, Western South China Sea, Eastern South China Sea, and East China Sea in offshore China. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2017, the company had net proved reserves of approximately 4.84 billion barrels-of-oil equivalent. In addition, it is involved in the issuance of bonds. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingCNOOC has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $103.00, CNOOC has a potential downside of 11.7% from its current price of $116.64.Amount of Analyst CoverageCNOOC has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesCNOOC has received 298 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCNOOC has received 399 “underperform” votes. (Add your “underperform” vote.)Community SentimentCNOOC has received 57.25% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about CNOOC and other stocks. Vote “Outperform” if you believe CEO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CEO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipCNOOC is a leading dividend payer. It pays a dividend yield of 9.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCNOOC has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of CNOOC is 52.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, CNOOC will have a dividend payout ratio of 91.87% in the coming year. This indicates that CNOOC may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CNOOC insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 3.01% of the stock of CNOOC is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for CNOOC are expected to grow by 40.85% in the coming year, from $8.03 to $11.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CNOOC is 5.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.26.Price to Earnings Ratio vs. SectorThe P/E ratio of CNOOC is 5.93, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.63.Price to Earnings Growth RatioCNOOC has a PEG Ratio of 2.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCNOOC has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.90 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CEO Previous Symbol CUSIPN/A CIK1095595 Webwww.cnoocltd.com Phone852-2213-2500Debt Debt-to-Equity Ratio0.32 Current Ratio2.26 Quick Ratio2.19Price-To-Earnings Trailing P/E Ratio5.76 Forward P/E Ratio14.10 P/E Growth2.09 Sales & Book Value Annual Sales$33.50 billion Price / Sales1.51 Cash Flow$38.79 per share Price / Cash Flow2.92 Book Value$144.21 per share Price / Book0.79Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees18,703 Outstanding Shares446,475,000Market Cap$50.57 billion Next Earnings DateN/A OptionableOptionable $113.26 +1.70 (+1.52 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CEO News and Ratings via Email Sign-up to receive the latest news and ratings for CEO and its competitors with MarketBeat's FREE daily newsletter. CNOOC (NYSE:CEO) Frequently Asked Questions How has CNOOC's stock been impacted by COVID-19? CNOOC's stock was trading at $106.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CEO shares have increased by 9.8% and is now trading at $116.64. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of CNOOC? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNOOC in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CNOOC. How often does CNOOC pay dividends? What is the dividend yield for CNOOC? CNOOC declared a semi-annual dividend on Thursday, March 26th. Stockholders of record on Thursday, June 4th will be given a dividend of $5.804 per share on Friday, July 17th. This represents a dividend yield of 8.4%. The ex-dividend date of this dividend is Wednesday, June 3rd. View CNOOC's dividend history. What price target have analysts set for CEO? 9 equities research analysts have issued 12-month price objectives for CNOOC's shares. Their forecasts range from $103.00 to $103.00. On average, they anticipate CNOOC's stock price to reach $103.00 in the next twelve months. This suggests that the stock has a possible downside of 11.7%. View analysts' price targets for CNOOC. Has CNOOC been receiving favorable news coverage? News stories about CEO stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CNOOC earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about CNOOC. Are investors shorting CNOOC? CNOOC saw a decrease in short interest in February. As of February 28th, there was short interest totaling 221,000 shares, a decrease of 37.7% from the February 13th total of 354,800 shares. Based on an average daily volume of 154,100 shares, the short-interest ratio is presently 1.4 days. View CNOOC's Short Interest. Who are some of CNOOC's key competitors? Some companies that are related to CNOOC include Royal Dutch Shell (RDS.A), Total (TOT), PetroChina (PTR), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), ENI (E), EOG Resources (EOG), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), Rwe Ag Sp (RWEOY), Ecopetrol (EC), Pioneer Natural Resources (PXD), Encana (ECA), Occidental Petroleum (OXY) and WOODSIDE PET LT/ADR (WOPEY). View all competitors. What other stocks do shareholders of CNOOC own? Based on aggregate information from My MarketBeat watchlists, some companies that other CNOOC investors own include Chevron (CVX), IBM (IBM), Broadcom (AVGO), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Exxon Mobil (XOM), QUALCOMM (QCOM), AT&T (T) and Bank of America (BAC). Who are CNOOC's key executives? CNOOC's management team includes the following people: Mr. Guangyu Yuan, Chief Exec. Officer & Exec. Director (Age 60)Mr. Keqiang Xu, Exec. Director (Age 48)Mr. Dongjin Wang, Vice Chairman & Pres (Age 57)Mr. Weizhi Xie, Chief Financial Officer (Age 55)Ms. Xiaonan Wu, Gen. Counsel, Compliance Officer & Joint Company Sec. (Age 52) What is CNOOC's stock symbol? CNOOC trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEO." Who are CNOOC's major shareholders? CNOOC's stock is owned by a variety of retail and institutional investors. Top institutional investors include Todd Asset Management LLC (0.04%), Victory Capital Management Inc. (0.03%), Bessemer Group Inc. (0.02%), Renaissance Group LLC (0.01%), Bank of New York Mellon Corp (0.01%) and Comerica Bank (0.01%). Which institutional investors are selling CNOOC stock? CEO stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Pillar Pacific Capital Management LLC, Bessemer Group Inc., Fisher Asset Management LLC, Renaissance Group LLC, Portland Global Advisors LLC, UBS Group AG, and Envestnet Asset Management Inc.. Which institutional investors are buying CNOOC stock? CEO stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Bank of New York Mellon Corp, Assetmark Inc., CSat Investment Advisory L.P., Quantitative Systematic Strategies LLC, Whittier Trust Co., Ritholtz Wealth Management, and Clear Street Markets LLC. How do I buy shares of CNOOC? Shares of CEO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is CNOOC's stock price today? One share of CEO stock can currently be purchased for approximately $116.64. How big of a company is CNOOC? CNOOC has a market capitalization of $52.08 billion and generates $33.50 billion in revenue each year. The oil and gas company earns $8.77 billion in net income (profit) each year or $19.68 on an earnings per share basis. CNOOC employs 18,703 workers across the globe. What is CNOOC's official website? The official website for CNOOC is www.cnoocltd.com. How can I contact CNOOC? CNOOC's mailing address is 65TH FLOOR BANK OF CHINA TOWER 1 GARDEN RD, HONG KONG F4, . The oil and gas company can be reached via phone at 852-2213-2500 or via email at [email protected] This page was last updated on 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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