News articles about CNOOC Limited (NYSE:CEO) have trended somewhat positive on Tuesday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CNOOC Limited earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 46.6302804550637 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

CEO has been the subject of a number of recent analyst reports. J P Morgan Chase & Co upgraded shares of CNOOC Limited from a “neutral” rating to an “overweight” rating in a research report on Wednesday, July 5th. BidaskClub upgraded shares of CNOOC Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research upgraded shares of CNOOC Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Bank of America Corporation upgraded shares of CNOOC Limited from an “underperform” rating to a “neutral” rating in a research report on Friday, August 25th. Finally, Goldman Sachs Group, Inc. (The) raised shares of CNOOC Limited from a “neutral” rating to a “buy” rating and set a $131.00 target price on the stock in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $131.00.

CNOOC Limited (CEO) traded up 1.55% during trading on Tuesday, hitting $129.46. CNOOC Limited has a one year low of $108.05 and a one year high of $138.36. The stock has a market capitalization of $57.80 billion, a price-to-earnings ratio of 15.60 and a beta of 0.75. The stock has a 50-day moving average of $122.95 and a 200 day moving average of $116.23.

The business also recently declared a semiannual dividend, which will be paid on Thursday, October 19th. Investors of record on Thursday, September 7th will be paid a $2.5567 dividend. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a yield of 4.23%.

COPYRIGHT VIOLATION WARNING: This story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another site, it was stolen and reposted in violation of US & international copyright legislation. The original version of this story can be read at https://www.thecerbatgem.com/2017/10/11/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-cnooc-limited-ceo-stock-price.html.

About CNOOC Limited

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.

Insider Buying and Selling by Quarter for CNOOC Limited (NYSE:CEO)

Receive News & Stock Ratings for CNOOC Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNOOC Limited and related stocks with our FREE daily email newsletter.