#cnooc ltd

Bernstein names its top Asia-Pacific stock picks for the next 6 months

JD.com’s booth at the China Joy gaming conference in Shanghai on July 30, 2021. The Chinese e-commerce giant is investing heavily in gaming. Arjun Kharpal | CNBC Investment firm Bernstein picked 14 stocks across seven sectors in Asia-Pacific it believes are “particularly attractive” right now. Source link

Hitting 52 Week High, CNOOC Ltd (NYSE:CEO) Ends The Day At $200.98

CNOOC Ltd (NYSE:CEO)

October 1st, 2018

CNOOC Ltd finished up $3.44 Wednesday, a 1.74% jump, closing at $200.98. Furthermore it hit a new 52 week high of $202.38. (more…)

Setting 52 Week High, CNOOC Ltd (NYSE:CEO) Settle At $191.13

CNOOC Ltd (NYSE:CEO)

September 19th, 2018

CNOOC Ltd closed Wednesday up 1.64%, a $3.08 increase to close on $191.13. Furthermore it hit a new 52 week high of $192.32. (more…)

China Planning Massive Sea Lab 10,000 Feet Underwater

C O N T E N T S:

KEY TOPICS

Engineers with the China Shipbuilding Industry Corporation plan to create a lab nearly 10,000 feet below the surface of the South China Sea.(More…)

A Chinese company, Cnooc Ltd., estimated in 2012 that roughly 125 billion barrels of oil and 500 trillion cubic feet of natural gas exist beneath the surface.(More…)

The waters near the lab’s future location facilitate $5.3…

New Post has been published on http://www.stockmarketsdaily.com/oil-short-term-pain-long-term-gain-best-stock-plays/6833/

Oil: Short Term Pain, Long Term Gain - Best Stock Plays

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Here we have a look at some stocks that look to be good long term buys due to their current ability to withstand a sustained drop in oil prices and maintain prospects to bounce back in the long term when oil does.

With the price of oil being at a 6 year low having dropped from over US$110 a barrel to near US$46, this has in turn had a major effect on the price of many stocks in the oil and gas industry. As such many of these stocks are cheaper today than in the past, however, in the long term oil won’t stay at its current price and will eventually go back up. Of course, in the short term the price may decrease further for a period, that is why it is worth looking at larger companies who have the ability to withstand a period of low oil prices and then reap the benefits when the price of oil does revert back up to higher prices again. Here we look at 3 stocks we think fit this bill, that can be picked up now at a lower price than in the past and held onto for some potentally nice gains when oil prices rebound in the future.

Chevron Corporation (NYSE:CVX)

Chevron Corporation (NYSE:CVX) is currently priced at $104.20 a share. The stock has come down from over $132 back in July to the current price and can be expected to head back up when the price of oil picks up again. Chevron is a $196 billion market cap monster, with a debt to equity ratio of a mere 0.16, meaning they will easily be able to sustain any down turn in the oil price for a long period of time.

CNOOC Ltd. (NYSE:CEO)

CNOOC Ltd. (NYSE:CEO) is currently priced at $136.15 a share, having come down from a high of near $200 in September. CNOOC is a $60 billion market cap company with a debt to equity ratio of 0.37 which will be able to bear sustained depression in oil prices for quite some time.

Cenovus Energy Inc. (NYSE:CVE)