CNOOC (NYSE: CEO) is one of 219 public companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its peers? We will compare CNOOC to related companies based on the strength of its dividends, earnings, profitability, risk, analyst recommendations, institutional ownership and valuation.
Valuation and Earnings
This table compares CNOOC and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|CNOOC||$22.06 billion||$92.00 million||N/A|
|CNOOC Competitors||$1.86 billion||-$438.87 million||19.09|
Insider and Institutional Ownership
1.6% of CNOOC shares are owned by institutional investors. Comparatively, 61.4% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 12.4% of shares of all “Oil & Gas Exploration and Production” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
CNOOC pays an annual dividend of $4.92 per share and has a dividend yield of 3.2%. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.6% and pay out 183.7% of their earnings in the form of a dividend.
This is a breakdown of current ratings and recommmendations for CNOOC and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
CNOOC presently has a consensus target price of $72.32, indicating a potential downside of 52.33%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 25.03%. Given CNOOC’s peers higher possible upside, analysts plainly believe CNOOC has less favorable growth aspects than its peers.
This table compares CNOOC and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Volatility and Risk
CNOOC has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, CNOOC’s peers have a beta of 1.39, suggesting that their average share price is 39% more volatile than the S&P 500.
CNOOC beats its peers on 8 of the 14 factors compared.
CNOOC Company Profile
CNOOC Limited is a Hong Kong-based investment holding company principally engaged in the exploration, production and trading of oil and gas. Its businesses include conventional oil and gas businesses, shale oil and gas businesses, oil sands businesses and other unconventional oil and gas businesses. The Company mainly operates businesses through three segments. The Exploration and Production segment is engaged in the exploration, development and production of crude oil, natural gas and other petroleum products. The Trading segment is engaged in the trading of crude oil, natural gas and other petroleum products. The Corporate segment is engaged in corporate-related businesses. The Company mainly operates businesses in China, Canada, the United Kingdom, Nigeria, Indonesia and Brazil, among others.
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