CNOOC Ltd (ADR) (CEO) Announces Semiannual Dividend of $3.23
CNOOC Ltd (NYSE:CEO) declared a semiannual dividend on Wednesday, September 3rd, American Banking & Market News reports. Investors of record on Friday, September 12th will be given a dividend of 3.2257 per share on Thursday, October 23rd. This represents a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 10th.
Several analysts have recently commented on the stock. Analysts at Jefferies Group downgraded shares of CNOOC Ltd from a “buy” rating to a “hold” rating in a research note on Monday, August 18th. On the ratings front, analysts at Credit Suisse upgraded shares of CNOOC Ltd from an “underperform” rating to a “neutral” rating in a research note on Monday, August 18th. Finally, analysts at JPMorgan Chase & Co. upgraded shares of CNOOC Ltd from a “neutral” rating to an “overweight” rating in a research note on Thursday, July 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. CNOOC Ltd currently has an average rating of “Hold”.
CNOOC Ltd (NYSE:CEO) traded up 2.93% on Wednesday, hitting $201.50. 185,688 shares of the company’s stock traded hands. CNOOC Ltd has a 52-week low of $147.24 and a 52-week high of $211.49. The stock’s 50-day moving average is $185.5 and its 200-day moving average is $171.1. The company has a market cap of $89.965 billion and a P/E ratio of 9.69.
CNOOC Limited is an investment holding company. The Company, along with its subsidiaries, is a producer of offshore crude oil and natural gas and an independent oil and gas exploration and production company.
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