Returns At CNOOC Energy Technology & Services (SHSE:600968) Are On The Way Up
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expandin
Zheshang Securities: High international oil prices fluctuated in 24 years, optimistic about deep-sea and unconventional oil and gas development sectors
Since the beginning of 2024, Brent oil prices have increased by a total of about 13%. The rise in oil prices may maintain the high capital expenditure intentions of oil and gas companies, and demand for oil service equipment continues to boom.
Shareholders Will Be Pleased With The Quality of CNOOC Energy Technology & Services' (SHSE:600968) Earnings
When companies post strong earnings, the stock generally performs well, just like CNOOC Energy Technology & Services Limited's (SHSE:600968) stock has recently. We did some digging and found some fur
CNOOC Energy Technology & Services Limited's (SHSE:600968) Shares Bounce 26% But Its Business Still Trails The Market
Despite an already strong run, CNOOC Energy Technology & Services Limited (SHSE:600968) shares have been powering on, with a gain of 26% in the last thirty days. Taking a wider view, although not a
CNOOC Energy's Attributable Profit Jumps 28% in 2023; Shares Jump 10%
CNOOC Energy's (SHA:600968) attributable profit rose 28% to 3.08 billion yuan in 2023 from 2.42 billion yuan in 2022, according to a Tuesday filing with the Shanghai bourse. Earnings per share at the
CNOOC Development (600968.SH): Net profit increased 27.52% year-on-year in 2023, and plans to distribute 10 to 1.1 yuan
On April 15, GLONGHUI (600968.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 49.308 billion yuan, up 3.19% year on year; net profit attributable to shareholders of listed companies was 3.81 billion yuan, up 27.52% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 2,863 billion yuan, up 35.57% year on year; and basic earnings per share were 0.3031 yuan. It is proposed to distribute a cash dividend of 1.10 yuan (tax included) for every 10 shares to all shareholders.
CNOOC Energy Technology & Services Limited's (SHSE:600968) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
CNOOC Energy Technology & Services (SHSE:600968) has had a great run on the share market with its stock up by a significant 14% over the last three months. Since the market usually pay for a company
We Think CNOOC Energy Technology & Services (SHSE:600968) Can Manage Its Debt With Ease
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
CNOOC Energy Technology & Services Limited (SHSE:600968) Looks Inexpensive But Perhaps Not Attractive Enough
CNOOC Energy Technology & Services Limited's (SHSE:600968) price-to-earnings (or "P/E") ratio of 10.6x might make it look like a strong buy right now compared to the market in China, where around half
Offshore Oil Development (600968.SH): No green power deals have been launched this year
On December 4, Gelonghui (600968.SH) stated on the investor interactive platform that the company has not launched a green power deal this year.
Offshore Oil Development (600968.SH): Investment Holdings plans to transfer 1.81% of shares free of charge to the company's controlling shareholders
Glonghui November 22丨CNOOC Development (600968.SH) announced that shareholder CNOOC Investment Holdings Limited (“Investment Holdings”) intends to transfer 1.81% of its shares in the company to CNOOC Group Co., Ltd. (“Group Company”), the controlling shareholder of the company, free of charge. The proposed number of shares to be transferred is 183,983,333 shares. The group company and investment holding are consistent actors as stipulated in the “Administrative Measures on Acquisitions of Listed Companies”. The transfer of shares is an internal act between those acting in concert. According to the “Administrative Measures on Acquisitions of Listed Companies”, this free transfer complies with the provisions of the “Administrative Measures on Acquisitions of Listed Companies”
CNOOC Energy Technology & Services Limited's (SHSE:600968) Stock Has Fared Decently: Is the Market Following Strong Financials?
Most readers would already know that CNOOC Energy Technology & Services' (SHSE:600968) stock increased by 4.1% over the past three months. Given that the market rewards strong financials in the long
CNOOC Energy Books Flat Profit in Q3 as Revenue Slips 1%
CNOOC Energy's (SHA:600968) net profit was almost unchanged in the third quarter versus a year earlier, rising 0.2% to 808.1 million yuan. Diluted earnings per share inched up 0.2% year over year to 0
Guotai Junan: Global offshore oil and gas capital expenditure will continue to grow, and industry prosperity is expected to improve
The prosperity of offshore oil and gas engineering service companies has increased, maintaining the industry's increased holdings rating.
Here's What To Make Of CNOOC Energy Technology & Services' (SHSE:600968) Decelerating Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increa
Everbright Securities: “Belt and Road” Drives International Energy Cooperation to Deepen Overseas Orders for Oil Service Companies Continue to Land
Everbright Securities released a research report saying that in the context of the “Belt and Road”, cooperation between China and oil-producing countries in the Middle East, Africa, Southeast Asia and other regions is expected to further deepen in the fields of oil services and petroleum engineering.
CNOOC Energy Technology & Services (SHSE:600968) Seems To Use Debt Rather Sparingly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu
Calculating The Intrinsic Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)
Key Insights CNOOC Energy Technology & Services' estimated fair value is CN¥3.41 based on 2 Stage Free Cash Flow to Equity With CN¥3.17 share price, CNOOC Energy Technology & Services appears to be
CNOOC Energy to Set Up LNG Carrier JV
CNOOC Energy (SHA:600968) plans to establish a liquefied natural gas carrier joint venture with Nippon Yusen and CMES LNG Project 4 Co. with a total investment of 412.6 million euros, according to a f
CNOOC Energy's H1 Profit Rises 29% as Revenue Climbs 2%
CNOOC Energy (SHA:600968) posted a 29.3% year-over-year increase in net profit for the first half of the year as revenue edged up 1.91% year over year. Net profit rose to 1.34 billion yuan from 1.03 b
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