CNOOC Limited Company Profile (NYSE:CEO)

About CNOOC Limited

CNOOC Limited logoCNOOC 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
  • CUSIP:
Key Metrics:
  • Previous Close: $120.36
  • 50 Day Moving Average: $125.19
  • 200 Day Moving Average: $126.39
  • 52-Week Range: $104.14 - $138.36
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.47
  • P/E Growth: -83.22
  • Market Cap: $53.74B
  • Outstanding Shares: 446,474,000
  • Beta: 0.98
Debt:
  • Debt-to-Equity Ratio: 0.34%
  • Current Ratio: 1.53%
  • Quick Ratio: 1.42%
Additional Links:
Companies Related to CNOOC Limited:

Analyst Ratings

Consensus Ratings for CNOOC Limited (NYSE:CEO) (?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: N/A

Analysts' Ratings History for CNOOC Limited (NYSE:CEO)
Show:
DateFirmActionRatingPrice TargetDetails
1/13/2017Credit Suisse GroupUpgradeUnderperform -> OutperformView Rating Details
6/21/2016BOCOM International HoldingsUpgradeNeutral -> BuyView Rating Details
5/18/2016NomuraUpgradeNeutral -> BuyView Rating Details
5/17/2016MizuhoUpgradeNeutral -> BuyView Rating Details
5/10/2016Morgan StanleyDowngradeOverweight -> Equal WeightView Rating Details
3/8/2016Sanford C. BernsteinReiterated RatingOutperformView Rating Details
1/20/2016Jefferies Group LLCUpgradeHold -> BuyView Rating Details
10/20/2015Barclays PLCUpgradeEqual Weight -> OverweightView Rating Details
9/1/2015HSBC Holdings plcDowngradeHold -> ReduceView Rating Details
8/31/2015Bank of America CorpUpgradeNeutral -> BuyView Rating Details
8/25/2015Societe GeneraleUpgradeHold -> BuyView Rating Details
5/26/2015J P Morgan Chase & CoUpgradeUnderweight -> NeutralView Rating Details
3/31/2015CICC ResearchUpgradeHold -> BuyView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for CNOOC Limited (NYSE:CEO)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for CNOOC Limited (NYSE:CEO)
Current Year EPS Consensus Estimate: $-0.05 EPS
Next Year EPS Consensus Estimate: $10.49 EPS

Dividends

Current Dividend Information for CNOOC Limited (NYSE:CEO)
Annual Dividend:$4.25
Dividend Yield:3.53%
Dividend Growth:-16.70% (3 Year Average)
Payout Ratio:-8,500.00% (Based on Current Year Consensus EPS Estimate)
40.51% (Based on Next Year Consensus EPS Estimate)

Dividend History for CNOOC Limited (NYSE:CEO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2016semiannual$1.552.52%9/6/20169/8/201610/20/2016
3/25/2016semiannual$3.225.57%6/6/20166/8/20167/26/2016
8/28/2015semiannual$3.235.33%9/8/20159/10/201510/20/2015
3/30/2015semiannual$4.135.8%6/2/20156/4/20157/13/2015
9/3/2014semiannual$3.233.2%9/10/20149/12/201410/23/2014
4/2/2014semiannual$4.135.41%6/3/20146/5/20147/11/2014
8/26/2013semiannual$3.223.23%9/3/20139/5/201310/17/2013
3/26/2013special$4.125/28/20135/30/20137/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CNOOC Limited (NYSE:CEO)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for CNOOC Limited (NYSE:CEO)
DateHeadline
News IconAre Analysts Optimistic About Where CNOOC Limited (NYSE:CEO) is Heading? - Winfield Review (NYSE:CEO)
winfieldreview.com - February 24 at 9:24 PM
News IconWhat is the Street Saying About CNOOC Limited (NYSE:CEO)? - Aiken Advocate (NYSE:CEO)
aikenadvocate.com - February 24 at 9:24 PM
News IconAnalysts Peer Into Their Crystal Balls For CNOOC Limited (NYSE:CEO): Where Is It headed? - Winfield Review (NYSE:CEO)
winfieldreview.com - February 20 at 3:58 PM
News IconAnalysts Take: CNOOC Limited (NYSE:CEO) Projected Earnings & Price Targets - Aiken Advocate (NYSE:CEO)
aikenadvocate.com - February 18 at 4:05 PM
News IconPlant Integrity Management set to grow by 10% with five new recruits (NYSE:CEO)
www.sbnn.co.uk - February 17 at 5:58 PM
News IconShares Observed in Overbought Territory: CNOOC Limited (NYSE:CEO) - Aiken Advocate (NYSE:CEO)
aikenadvocate.com - February 13 at 4:52 PM
reuters.com logoU.S. transparency reversal stings Canadian, European oil firms (NYSE:CEO)
www.reuters.com - February 3 at 9:29 PM
News IconU.S. transparency reversal could put Canadian oil companies 'at a disadvantage': Industry group (NYSE:CEO)
www.bnn.ca - February 3 at 4:26 PM
News IconHouse Kills Requirement For Energy Companies To Disclose Payments To Foreign Governments (NYSE:CEO)
www.zerohedge.com - February 2 at 2:34 AM
News IconTop Gainers of the Day: CNOOC Limited (NYSE:CEO) from Oil & Gas Drilling & Exploration (NYSE:CEO)
twincountynews.com - January 31 at 4:38 PM
News IconAre Analysts Predicting a Near-Term Upswing For CNOOC Limited (NYSE:CEO)? - Wall Street Beacon (NYSE:CEO)
wsbeacon.com - January 30 at 10:00 PM
News IconOil & Gas Drilling & Exploration: CNOOC Limited (NYSE:CEO) Position of the day (NYSE:CEO)
twincountynews.com - January 29 at 4:15 PM
News IconConsensus Estimates on Earnings & Stock Price in Focus for CNOOC Limited (NYSE:CEO) Shares - Aiken Advocate (NYSE:CEO)
aikenadvocate.com - January 26 at 10:06 PM
News IconEarnings in Full Force, Analysts Take Aim at CNOOC Limited (NYSE:CEO) - Wall Street Beacon (NYSE:CEO)
wsbeacon.com - January 26 at 10:06 PM
4-traders.com logoCNOOC Limited : Announces its 2017 Business Strategy and Development Plan (NYSE:CEO)
www.4-traders.com - January 26 at 5:04 PM
News IconLeading stocks in today’s market: CNOOC Limited (NYSE:CEO) (NYSE:CEO)
twincountynews.com - January 26 at 5:04 PM
finance.yahoo.com logoAs crude prices rise, China's oil majors set to lift capex for first time in years (NYSE:CEO)
in.finance.yahoo.com - January 26 at 5:03 PM
News IconUpdate on CNOOC Limited (NYSE:CEO) for the day (NYSE:CEO)
twincountynews.com - January 25 at 10:21 PM
News IconCNOOC Limited (NYSE:CEO) from Oil & Gas Drilling & Exploration – Todays Top Gains (NYSE:CEO)
twincountynews.com - January 24 at 4:49 PM
moodys.com logoCOSL Finance (BVI) Limited -- Moody's confirms COSL's Baa1 ratings; outlook negative (NYSE:CEO)
www.moodys.com - January 24 at 4:48 PM
investopedia.com logoOil Investors Await 2017 Investment Plans (CVX, CEO) (NYSE:CEO)
www.investopedia.com - January 24 at 2:06 AM
investopedia.com logoOil Investors Await 2017 Investment Plans (NYSE:CEO)
www.investopedia.com - January 23 at 4:04 PM
moodys.com logoCNOOC Limited -- Moody's: CNOOC Limited's rating not impacted by planned capex increase in 2017 (NYSE:CEO)
www.moodys.com - January 23 at 2:19 AM
News IconCNOOC Announces 2017 Business Strategy (NYSE:CEO)
maritime-executive.com - January 22 at 9:19 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: CNOOC Limited (NYSE:CEO) - Aiken Advocate (NYSE:CEO)
aikenadvocate.com - January 22 at 4:15 PM
News IconFocus Equity: Stock Strength Indicator Watch On CNOOC Limited (NYSE:CEO) - Wall Street Beacon (NYSE:CEO)
wsbeacon.com - January 22 at 4:15 PM
News IconCNOOC announces 2017 development plan (NYSE:CEO)
www.energyglobal.com - January 20 at 5:21 PM
News IconCNOOC to drill 126 wells in 2017 (NYSE:CEO)
www.oedigital.com - January 20 at 5:21 PM
finance.yahoo.com logoOil Prices Rip Higher On Inauguration Day (NYSE:CEO)
finance.yahoo.com - January 20 at 5:21 PM
News IconOil & Gas Drilling & Exploration: CNOOC Limited (NYSE:CEO) Position of the day - Twin County News (NYSE:CEO)
twincountynews.com - January 20 at 3:27 AM
prnewswire.com logoCNOOC Limited Announces its 2017 Business Strategy and ... - PR Newswire (press release) (NYSE:CEO)
www.prnewswire.com - January 20 at 3:27 AM
bloomberg.com logoChina’s Cnooc to Raise Spending 1st Time Since Oil’s Plunge (NYSE:CEO)
us.rd.yahoo.com - January 19 at 10:26 PM
blogs.barrons.com logoCNOOC Sees Oil At $51, Raises Capex, Promises Dividends (NYSE:CEO)
blogs.barrons.com - January 19 at 10:26 PM
rttnews.com logoCNOOC Announces Development Plan For 2017 - Quick Facts (NYSE:CEO)
www.rttnews.com - January 19 at 5:25 PM
finance.yahoo.com logoCNOOC Limited Announces its 2017 Business Strategy and Development Plan (NYSE:CEO)
finance.yahoo.com - January 19 at 5:25 PM
bloomberg.com logoChina’s Cnooc Raising Spending First Time Since Oil’s Plunge (NYSE:CEO)
www.bloomberg.com - January 19 at 5:25 PM
finance.yahoo.com logoChina’s Cnooc to Raise Spending First Time Since Oil’s Plunge (NYSE:CEO)
finance.yahoo.com - January 19 at 5:25 PM
finance.yahoo.com logo3:43 am CNOOC Ltd provides outlook for 2017; sees Cap-ex of CNY60-70 bln (NYSE:CEO)
finance.yahoo.com - January 19 at 5:25 PM
News IconIs Tullow’s 12-year adventure in Uganda’s oil sector ending? (NYSE:CEO)
www.monitor.co.ug - January 18 at 3:03 AM
News IconClaroty Selected as Finalist for RSA(R) Conference Innovation Sandbox 2017 (NYSE:CEO)
www.pennenergy.com - January 17 at 5:02 PM
4-traders.com logoCNOOC : Enping 23-1 Oilfields Commences Production (NYSE:CEO)
www.4-traders.com - January 17 at 9:11 AM
finance.yahoo.com logoEnping 23-1 Oilfields Commences Production (NYSE:CEO)
finance.yahoo.com - January 17 at 9:11 AM
streetinsider.com logoCredit Suisse Upgrades CNOOC Ltd. (CEO) to Outperform (NYSE:CEO)
www.streetinsider.com - January 13 at 9:59 PM
seekingalpha.com logoCnooc's Penglai 19-9 project starts production - Seeking Alpha (NYSE:CEO)
seekingalpha.com - January 13 at 4:57 PM
streetinsider.com logoCredit Suisse Upgrades CNOOC Ltd. (CEO) to Outperform - StreetInsider.com (NYSE:CEO)
www.streetinsider.com - January 13 at 4:57 PM
bloomberg.com logoMEG Expands Christina Lake, Taps Debt Market in Oil-Sands Rebound (NYSE:CEO)
www.bloomberg.com - January 12 at 4:33 PM
seekingalpha.com logoHess Corporation's Guyana Gold Mine (NYSE:CEO)
seekingalpha.com - January 12 at 4:33 PM
forbes.com logoBig Oil Discovery Could Boost Growth At Exxon Mobil, Hess (NYSE:CEO)
www.forbes.com - January 12 at 4:33 PM
finance.yahoo.com logoPenglai 19-9 Comprehensive Adjustment Project Commences Production (NYSE:CEO)
finance.yahoo.com - January 12 at 4:32 PM
finance.yahoo.com logoTotal Ups Its Stake In Uganda’s Oil Development (NYSE:CEO)
finance.yahoo.com - January 11 at 4:37 PM

Social

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 announced a semiannual dividend on Thursday, August 25th. Shareholders of record on Thursday, September 8th will be paid a dividend of $1.5476 per share on Thursday, October 20th. This represents a yield of 2.52%. The ex-dividend date 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 institutional and retail 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 purchased 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 $120.36.

CNOOC Limited (NYSE:CEO) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for CNOOC Limited (NYSE:CEO)

Earnings History Chart

Earnings by Quarter for CNOOC Limited (NYSE:CEO)

Dividend History Chart

Dividend Payments by Quarter for CNOOC Limited (NYSE:CEO)

Last Updated on 2/25/2017 by MarketBeat.com Staff