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NYSE:CEOCNOOC Stock Price, Forecast & News

$119.70
+2.37 (+2.02 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$118.14
Now: $119.70
$120.07
50-Day Range
$105.19
MA: $110.98
$119.09
52-Week Range
$81.11
Now: $119.70
$181.13
Volume220,135 shs
Average Volume142,707 shs
Market Capitalization$53.44 billion
P/E Ratio6.08
Dividend Yield7.12%
Beta1.17
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.11 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone852-2213-2500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$33.50 billion
Cash Flow$38.99 per share
Book Value$144.21 per share

Profitability

Miscellaneous

Employees18,703
Market Cap$53.44 billion
Next Earnings DateN/A
OptionableOptionable

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CNOOC (NYSE:CEO) Frequently Asked Questions

How has CNOOC's stock been impacted by COVID-19 (Coronavirus)?

CNOOC's stock was trading at $106.27 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CEO stock has increased by 12.6% and is now trading at $119.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CNOOC?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNOOC in the last year. There are currently 1 sell rating, 5 hold ratings and 5 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. Investors of record on Thursday, June 4th will be paid a dividend of $5.804 per share on Friday, July 17th. This represents a 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?

11 brokers have issued twelve-month price objectives for CNOOC's stock. Their forecasts range from $103.00 to $103.00. On average, they anticipate CNOOC's share price to reach $103.00 in the next year. This suggests that the stock has a possible downside of 14.0%. View analysts' price targets for CNOOC.

Has CNOOC been receiving favorable news coverage?

Press coverage about CEO stock has been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CNOOC earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCNOOC.

Who are some of CNOOC's key 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), Intel (INTC), IBM (IBM), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Cisco Systems (CSCO), Broadcom (AVGO), Bank of America (BAC), JPMorgan Chase & Co. (JPM) and Coca-Cola (KO).

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 many different institutional and retail investors. Top institutional shareholders include River & Mercantile Asset Management LLP (1.03%), Wellington Management Group LLP (0.20%), Russell Investments Group Ltd. (0.05%), BlackRock Inc. (0.04%), Todd Asset Management LLC (0.04%) and Morgan Stanley (0.04%).

Which institutional investors are selling CNOOC stock?

CEO stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, BlackRock Inc., Russell Investments Group Ltd., Bessemer Group Inc., Aperio Group LLC, Maverick Capital Ltd., Maverick Capital Ltd., and UBS Group AG.

Which institutional investors are buying CNOOC stock?

CEO stock was acquired by a variety of institutional investors in the last quarter, including River & Mercantile Asset Management LLP, Morgan Stanley, Clearbridge Investments LLC, Wells Fargo & Company MN, Thomas White International Ltd., Jane Street Group LLC, BNP Paribas Arbitrage SA, and Virtus ETF Advisers 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 $119.70.

How big of a company is CNOOC?

CNOOC has a market capitalization of $53.44 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 6/3/2020 by MarketBeat.com Staff

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