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Is CNOOC Ltd.(NYSE: CEO), a large market cap stock a smart buy?

With a market cap of has a large market cap size. CNOOC Ltd. (NYSE: CEO) has been on the stock market since its IPO date on the 2/27/2001. CNOOC Ltd. is in the Oil & Gas Drilling & Exploration industry and Basic Materials sector. Average volume for CNOOC Ltd., is 148.83, and so far today it has a volume of 49543. Performance year to date since the 2/27/2001 is 18.46%.

To help you determine whether CNOOC Ltd. is undervalued the following values will help you decide. P/E is 17.68 and forward P/E is 10.85. PEG perhaps more useful shows that CNOOC Ltd. has a value for PEG of *TBA. P/S ratio is 2.14 and the P/B ratio is 0.93. The P/Cash and P/Free cash flow is 12.28 and *TBA respectively.

At the current price CNOOC Ltd. is trading at, 117 (-2.82% today), CNOOC Ltd. has a dividend yield of 5.36%, and this is covered by a payout ratio of 88.40%. Earnings per share (EPS) is 6.81, and this is looking to grow in the next year to 218.76% after growing -66.30% this past year. EPS growth quarter over quarter is -75.00%, and -44.30% for sales growth quarter over quarter.

The number of shares outstanding is 458.05, and the number of shares float is 158.72. The senior management bring insider ownership to *TBA, and institutional ownership is at 1.70%. The float short is 0.16%, with the short ratio at a value of 1.7. Management has seen a return on assets of 3.00%, and also a return on investment of 3.70%.

The ability for CNOOC Ltd., to deal with debt, means it current ratio is 1.7, and quick ratio is 1.6. Long term debt/equity is 0.34 and total debt/equity is 0.43. In terms of margins, CNOOC Ltd. has a gross margin of 71.80%, with its operating margin at 10.20%, and CNOOC Ltd. has a profit margin of 11.80%.

The 52 week high is -8.88%, with 46.04% being its 52 week low. The 20 day simple moving average is -3.87% and the 200 day simple moving average is 5.61%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Stephen Butters

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