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NYSE:CEO

CNOOC (CEO) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$121.76
$121.76
50-Day Range
$113.78
$122.21
52-Week Range
$81.11
$131.83
Volume
N/A
Average Volume
N/A
Market Capitalization
$54.28 billion
P/E Ratio
3.16
Dividend Yield
N/A
Price Target
N/A
CEO stock logo

About CNOOC Stock (NYSE:CEO)

Cnooc Limited is a company that engages primarily in the exploration, development and production of crude oil and natural gas offshore China. We are the dominant producer of crude oil and natural gas and the only company permitted to conduct exploration and production activities with international oil and gas companies offshore China.

CEO Stock News Headlines

XOM Dec 2025 100.000 call
CNOOC Expands Mozambique Acreage
Exxon Mobil, Chevron See Profits Fall in 1Q Earnings
Global Markets Report - 22 April
China’s imports of Russian oil near record high in March
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
6/01/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
21,993
Year Founded
1999

Profitability

Net Income
$17.50 billion
Pretax Margin
41.52%

Debt

Sales & Book Value

Annual Sales
$58.95 billion
Book Value
$211.70 per share

Miscellaneous

Free Float
N/A
Market Cap
$54.28 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Keqiang Xu (Age 50)
    CEO & Exec. Director
  • Mr. Guangjie Hu (Age 48)
    Pres & Exec. Director
  • Mr. Weizhi Xie (Age 57)
    Chief Financial Officer
  • Ms. Xiaonan Wu (Age 54)
    Gen. Counsel, Compliance Officer & Joint Company Sec.
  • Ms. Jing Liu
    Mang. of Media & PR
  • Mr. Xinjian Cao (Age 55)
    Exec. VP
  • Mr. Qinglong Xia (Age 57)
    Exec. VP
  • Ms. Sik Yu Tsue (Age 48)
    Joint Company Sec.

Should I Buy CNOOC Stock? CEO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CNOOC Limited:

  • CNOOC Limited is the dominant producer of crude oil and natural gas offshore China, providing a strong position in the industry.
  • The company has exclusive rights to conduct exploration and production activities with international oil and gas companies offshore China, offering unique opportunities for growth.
  • Recent developments in the crude petroleum & natural gas industry have shown increasing demand, potentially leading to higher revenues for CNOOC Limited.
  • CNOOC Limited's stock price has shown stability and growth in recent periods, indicating a positive trend for investors.
  • The company's strategic focus on offshore exploration and production minimizes risks associated with onshore operations.

Cons

Investors should be bearish about investing in CNOOC Limited for these reasons:

  • Volatility in global oil prices can impact CNOOC Limited's profitability and stock performance.
  • Regulatory changes in the oil and gas sector, especially in China, could affect the company's operations and financial results.
  • Environmental concerns related to offshore drilling may lead to increased scrutiny and potential restrictions on CNOOC Limited's activities.
  • Geopolitical tensions and trade disputes could disrupt CNOOC Limited's operations and impact its market position.
  • Fluctuations in currency exchange rates may pose risks to CNOOC Limited's financial performance, especially in international markets.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, May 31, 2024. Please send any questions or comments about these CNOOC pros and cons to contact@marketbeat.com.

CEO Stock Analysis - Frequently Asked Questions

When is CNOOC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our CEO earnings forecast
.

How were CNOOC's earnings last quarter?

CNOOC Limited (NYSE:CEO) issued its quarterly earnings data on Thursday, April, 25th. The oil and gas company reported $11.73 earnings per share (EPS) for the quarter. The oil and gas company had revenue of $15.57 billion for the quarter. CNOOC had a trailing twelve-month return on equity of 20.10% and a net margin of 30.57%.

What is Fanrong Li's approval rating as CNOOC's CEO?

19 employees have rated CNOOC Chief Executive Officer Fanrong Li on Glassdoor.com. Fanrong Li has an approval rating of 65% among the company's employees.

What other stocks do shareholders of CNOOC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNOOC investors own include Intel (INTC), International Business Machines (IBM), Cisco Systems (CSCO), Chevron (CVX), Johnson & Johnson (JNJ), QUALCOMM (QCOM), Exxon Mobil (XOM), Broadcom (AVGO), AT&T (T) and Pfizer (PFE).

This page (NYSE:CEO) was last updated on 6/1/2024 by MarketBeat.com Staff

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