Top 5 China Companies To Buy For 2015: CNOOC Limited(CEO)
CNOOC Limited, through its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products. The company?s oil and natural gas properties are located in offshore China, which include Bohai Bay, western south China Sea, eastern south China Sea, and east China Sea, as well as in Indonesia, Iraq, and other regions in Asia; and Oceania, Africa, North America, and South America. As of December 31, 2010, the company had net proved reserves of approximately 2.99 billion barrels-of-oil equivalent, including approximately 1.92 billion barrels of crude oil and 6,458.3 billion cubic feet of natural gas. It also provides bond issuance services; and has a joint venture with Bridas Energy Holdings. CNOOC Limited was founded in 1982. The company is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Of fshore Oil Corporation.
Advisors' Opinion:- [By Holly LaFon]
Liberty Media Corp. (0.6%; 1.2%) (LMCA)($47.18 - NASDAQ; LMCK - $46.99 - NASDAQ) is a diversified investment vehicle guided by cable television pioneer John Malone (Chairman) and former Microsoft (0.4%) CFO Greg Maffei (CEO). The company owns over half of satellite radio provider Sirius XM, 27% of cable operator Charter Communications, the Atlanta Braves baseball club, and stakes in several other public and private entities. Malone and Maffei have created significant value for shareholders over the past several years as they taxefficiently distributed, traded, or sold interests in Discovery Communications (1.2%), News Corp. (0.5%), Time Warner Inc. (1.4%), DIRECTV (2.9%), Starz and QVC among others. Liberty announced it would spin-off its cable investments, including Charter, into a new! company known as Liberty Broadband late in 2015. The remaining Liberty Media could then be merged into Sirius XM, a plan proposed and abandoned early in 2014.
- [By Chris Mydlo]
CNOOC Ltd. (CEO) is trading at a low P/S ratio of 1.60, near its 10-year low of 1.42. The company explores for, develops, produces, and sells crude oil, natural gas, and other petroleum products. It is held by nine gurus we follow.
- [By MONEYMORNING.COM]
As a result, Russian stocks have generally been getting hammered. To keep the data clean and discrete, I ran the charts over the last three months. In that period, energy giants Gazprom OAO (OTC: OGZPY) and CNOOC Ltd. (ADR) (NYSE: CEO) are both off more than 18%. The steel company Mechel OAO (ADR) (NYSE: MTL) is off 24%.
- [By MARKETWATCH]
HONG KONG (MarketWatch) -- Hong Kong stocks opened higher on Tuesday, as global investors look ahead to U.S. Federal Reserve Chairwoman Janet Yellen's first public remarks later in the day. The Hang Seng Index (HK:HSI) rose 0.7% to 21,722.66. Asia's largest oil and gas company -- PetroChina Co. Ltd (HK:857) (PTR) -- climbed 2%, after the company said it has found a large natural-gas reserve in China's southwestern Sichuan basin, with 308 cubic meters of technically recoverable gas. Cnooc Ltd. (HK:883) (CEO) , China's largest offshore oil and gas producer, jumped 3.3%, while top refiner China Petroleum & Chemical Corp. (HK:386) (SNP) also added 1.6%. Oilfield-equipment shares also benefited from the rally, as China Oilfield Services Ltd. (HK:2883) ! ! (CHOLF) gained 1.7%. Huadian Fuxin Energy Corp. Ltd. (HK:816) , the renewable-energy unit of Chinese state-owned power giant China Huadian Corp., jumped 3.2%, after the company said last week it had raised 1.18 billion Hong Kong dollars (about $152 million) through a sale of shares to institutional investors. Waste-management and energy company China Everbright International Ltd. (HK:257) (CHFFF) advanced 2.4%, and China Datang Renewable Power Co. Ltd. (HK:1798) tacked on
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-china-companies-to-buy-for-2015-2.html
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