News coverage about CNOOC (NYSE:CEO) has been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CNOOC earned a media sentiment score of 1.14 on their scale. InfoTrie also assigned news coverage about the oil and gas company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected CNOOC’s score:
Shares of NYSE:CEO traded up $1.61 during trading on Monday, hitting $172.11. The company had a trading volume of 43,458 shares, compared to its average volume of 89,312. The firm has a market capitalization of $76.12 billion, a price-to-earnings ratio of 10.09, a PEG ratio of 1.18 and a beta of 1.06. CNOOC has a one year low of $142.94 and a one year high of $202.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.71 and a quick ratio of 2.62.
The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Wednesday, June 5th will be paid a $5.0955 dividend. This represents a dividend yield of 5.81%. This is a positive change from CNOOC’s previous semiannual dividend of $3.82. The ex-dividend date is Tuesday, June 4th. CNOOC’s dividend payout ratio (DPR) is presently 40.09%.
CEO has been the subject of several research analyst reports. Daiwa Capital Markets initiated coverage on CNOOC in a research report on Monday. They set an “outperform” rating for the company. JPMorgan Chase & Co. upgraded CNOOC from a “neutral” rating to an “overweight” rating in a research report on Friday. UBS Group lowered CNOOC from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 2nd. Zacks Investment Research raised CNOOC from a “hold” rating to a “buy” rating and set a $202.00 price target for the company in a research note on Friday, March 22nd. Finally, Goldman Sachs Group lowered CNOOC from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, February 19th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $202.00.
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CNOOC Company Profile
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.
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