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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 120.56, and so far today it has a volume of 212000. Performance year to date since the 2/27/2001 is 35.25%.

To help you determine whether CNOOC Ltd. is undervalued the following values will help you decide. P/E is *TBA and forward P/E is 13.39. PEG perhaps more useful shows that CNOOC Ltd. has a value for PEG of *TBA. P/S ratio is 2.7 and the P/B ratio is 1.09. The P/Cash and P/Free cash flow is 9.31 and *TBA respectively.

At the current price CNOOC Ltd. is trading at, 135.73 (3.46% today), CNOOC Ltd. has a dividend yield of 3.51%, and this is covered by a payout ratio of *TBA. Earnings per share (EPS) is -0.75, and this is looking to grow in the next year to 9118.18% after growing -66.30% this past year. EPS growth quarter over quarter is -123.10%, and -51.90% for sales growth quarter over quarter.

The number of shares outstanding is 443.43, and the number of shares float is 158.72. The senior management bring insider ownership to *TBA, and institutional ownership is at 2.10%. The float short is 0.19%, with the short ratio at a value of 2.51. Management has seen a return on assets of -0.30%, and also a return on investment of 3.70%.

The ability for CNOOC Ltd., to deal with debt, means it current ratio is 1.5, and quick ratio is 1.4. 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 69.90%, with its operating margin at -4.70%, and CNOOC Ltd. has a profit margin of -1.50%.

The 52 week high is 2.94%, with 71.58% being its 52 week low. The 20 day simple moving average is 12.02% and the 200 day simple moving average is 20.27%.

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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Peter Clarke

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