SEHK:883
SEHK:883Oil and Gas

CNOOC (SEHK:883): Revisiting Valuation After a Recent Share Price Climb

CNOOC (SEHK:883) has quietly outperformed this year, and that kind of steady move often slips under the radar. With the share price still below many valuation estimates, investors are revisiting the long term case. See our latest analysis for CNOOC. The recent climb to around HK$20.8 follows a solid 90 day share price return near 10 percent. At the same time, a far stronger multiyear total shareholder return suggests momentum is still broadly constructive rather than exhausted. If CNOOC has...