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A look at a High Market Cap Stock: CNOOC Ltd., CEO

CNOOC Ltd., CEO is in the exchange NYSE and its industry is Oil & Gas Drilling & Exploration in the sector of Basic Materials. Based in Hong Kong, CNOOC Ltd., CEO  has a market cap of 53484.62. Since its IPO date on the 2/27/2001, CNOOC Ltd., CEO performance year to date is 16.95%. Today CNOOC Ltd., CEO has gained 1.48%, with a current price of 120.62.

Ownership of the company is *TBA for insider ownership while institutional ownership is 1.70%. The management of the company have seen the company have a payout ratio of 88.40%. Return of assets are at 3.00%, with return on investment at 3.70%.

In terms of debt levels and profit levels, CNOOC Ltd., CEO is seeing a long-term debt/equity of 0.34. While Total debt/equity is 0.43. With a profit margin of 11.80%, this is combined with a gross margin of 71.80%, and operating margin of 10.20%. CNOOC Ltd. ability to meet debt levels, with a current ratio of 1.7, while the quick ratio is 1.6.

For the last year CNOOC Ltd., CEO has seen a EPS growth of -66.30%. A performance for the year of 2.27%. The 52-week high is -6.06%, and the 52-week low is 50.57%. The average volume for CNOOC Ltd., CEO is 104995.

With a target price of 128.69, can CNOOC Ltd., CEO reach this target? Looking at the value indicators of CNOOC Ltd., CEO. CNOOC Ltd. has a P/E of 17.38 and a forward P/E of 10.79. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. CNOOC Ltd. also has a P/S and a P/B of 2.07 and 0.91 respectively. For P/cash, CNOOC Ltd. has a value of 11.85, while it is *TBA for P/free cash flow.

At the current price of 120.62, CNOOC Ltd. has a dividend yield of 5.43%. We see a return on equity of 5.30%.

Looking more long-term CNOOC Ltd., is projected to get an EPS growth for the next five years of -6.90%. In the short-term an EPS growth of 486.95% in the next year is forecasted. This is after a EPS growth of -66.30% for this year and for the last five years a -17.90% growth has been seen.

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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