CNOOC Limited (CEO) Sets 1-Year High on May, 16 at $182.40

May 16, 2018 - By Andrea Pope

CNOOC Limited (NYSE:CEO) Corporate Logo

By hitting $182.40 stock price a new 52 week high was recored by CNOOC Limited (NYSE:CEO). It was reported on May, 16 according to Barchart.com. It has $81.84 billion market cap. The company’s valuation will be $7.37 billion more at $198.82 target.

CEO is reaching $182.4 during the last trading session, after increased 1.79%.Currently CNOOC Limited is uptrending after 22.41% change in last May 16, 2017. CEO has 151,258 shares volume. The stock outperformed the S&P500 by 10.86%.

More recent CNOOC Limited (NYSE:CEO) news were released by Seekingalpha.com, Investorplace.com and Seekingalpha.com. The first one has “CNOOC: A Great Play On Oil” as a title and was released on April 26, 2018. The next is “5 Top-Ranked Stocks to Buy as Oil Prices Hit 3-Year High” on April 19, 2018. And last was released on May 03, 2018, called “Shell-Cnooc JV commissions second ethylene cracker at Nanhai complex”.

CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil, natural gas, and other petroleum products.The company has $81.84 billion market cap. The firm operates through Exploration and Production, and Trading Business.The P/E ratio is 20.97. It produces offshore natural gas and crude oil primarily in Bohai, Western South China Sea, Eastern South China Sea, and East China Sea in offshore China; and Asia, Africa, North America, South America, Oceania, and Europe.

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