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CNOOC (CEO)

(Real Time Quote from BATS)

$121.96 USD

121.96
NA

+0.20 (0.16%)

Updated Mar 8, 2021 08:44 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 250)

Industry: Oil and Gas - Integrated - Emerging Markets

Zacks News

Targa Resources (TRGP) Surges 48.1% Since Q3 Earnings Beat

Targa Resources' (TRGP) third-quarter 2020 distributable cash flow (DCF) of $294.7 million is 28.2% more than $229.9 million in the year-ago period.

Helmerich & Payne (HP) Incurs Narrower-Than-Expected Q4 Loss

For the fiscal fourth quarter, Helmerich & Payne's (HP) Offshore Gulf of Mexico unit generates revenues of $32.3 million, down from $38.5 million in the prior-year quarter.

Is CNOOC (CEO) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BP Plans to Reduce Workforce in Chicago & Illinois Area

BP to possibly lay off employees in Illinois and the Chicago area due to a sharp fall in oil prices.

ExxonMobil (XOM) Makes Non-Commercial Oil Discovery at Tanager-1

Despite making a non-commercial discovery, ExxonMobil (XOM) intends to keep evaluating the exploration potential at the Kaieteur Block, offshore Guyana.

Repsol (REPYY) Picks Axens Technology for Biofuels Plant

Repsol (REPYY) selects Axens Vegan technology for its advanced biofuels production plant to effectively address environmental regulations.

RPC (RES) Up 3% on Wider-than-Expected Q3 Earnings Beat

Cost-reduction initiatives drive RPC's (RES) Q3 earnings. However, lower drilling activities are headwinds.

PetroChina (PTR) Q3 Earnings Jump on Pipeline Spin-Off Gains

PetroChina's (PTR) total production of oil and natural gas during the nine months ended Sep 30, 2020 increased 4.3% year over year to 1,214.6 million barrels of oil equivalent.

Is CNOOC (CEO) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Repsol (REPYY) Reveals Plans to Build Advanced Biofuel Plant

Repsol (REPYY) announces plans to construct a production plant for advanced biofuels with an annual production capacity of 250,000 tons.

Tullow (TUWOY) Granted Approval for Uganda Asset Divestment

Tullow (TUWOY) receives approval from the Uganda government for the sale of a $575-million stake to TOTAL, which will improve the company's liquidity.

Petrobras (PBR) Postpones Parque das Baleias Project by a Year

Petrobras (PBR) terminates the platform charter bidding and sanctions the start of a new bid process.

Is CNOOC (CEO) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Hess to Divest Shenzi Field Stake in GoM for $505 Million

Hess (HES) intends to invest the proceeds from the Shenzi Field stake divestment in Guyana operations.

ExxonMobil Makes FID for Payara Development Offshore Guyana

ExxonMobil (XOM) expects the Payara project to produce 220,000 barrels of oil per day and come online in 2024.

Is CNOOC (CEO) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

CNOOC (CEO) Begins Production at Jinzhou 25-1 Oilfield

CNOOC (CEO) expects the Jinzhou 25-1 Oilfield 6/11 project to touch its maximum output level of 16,500 barrels of crude oil daily in 2023.

ExxonMobil Closing in on Payara Project Deal With Guyana

ExxonMobil (XOM) intends to produce 220,000 bpd from the Payara development, located offshore Guyana.

CNOOC Limited (CEO) Plans to Divest Stake in Scott Platform

The sale could reportedly fetch CNOOC Limited (CEO) several hundred million dollars.

Sayantika Bhattacharya headshot

Can Oil Project Approvals Return to Pre-Coronavirus Level in 2022?

As a result of the coronavirus-induced ailing market condition, offshore commitments are now estimated to be $34 billion in 2020, reflecting a third of $101 billion reported in 2019.

CNOOC Starts Production at Liuhua 16-2/20-2 Oilfield Project

CNOOC (CEO) expects the Liuhua 16-2 oilfield/20-2 oilfield joint development project to reach peak output capacity of 72,800 barrels of oil per day in 2022.

CNOOC Opens First Offshore Wind Power Farm With 300MW Capacity

CNOOC's (CEO) first offshore wind power project connected to the grid underlines its effort in aiding energy transformation and executing its green and low-carbon strategy.

Petrobras Slashes 2021-2025 E&P CapEx Guidance Amid Coronavirus

Petrobras (PBR) projects nearly $40-$50 billion expense on exploration and production between 2021 and 2025 compared with the past guidance of $64 billion announced in the 2020-2024 strategic plan.

Is CNOOC (CEO) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ConocoPhillips Expands North Sea Deal With Aker Solutions

With the three-year stretch to the prevalent framework pact offshore Norway, Aker Solutions will carry on serving as the chief supplier of maintenance and modifications work at ConocoPhillips (COP).