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CNOOC Energy Technology & Services Limited is currently in a long term uptrend where the price is trading 4.8% above its 200 day moving average.
From a valuation standpoint, the stock is 67.3% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.8.
CNOOC Energy Technology & Services Limited's total revenue sank by 6.5% to $7B since the same quarter in the previous year.
Its net income has increased by 145.2% to $524M since the same quarter in the previous year.
Finally, its free cash flow fell by 648.3% to $-646M since the same quarter in the previous year.
Based on the above factors, CNOOC Energy Technology & Services Limited gets an overall score of 3/5.
| Industry | Oil & Gas Equipment & Services |
|---|---|
| CurrencyCode | CNY |
| Exchange | SHG |
| ISIN | CNE100003L78 |
| Sector | Energy |
| Dividend Yield | 1.5% |
|---|---|
| Beta | 0.5 |
| Market Cap | 38B |
| Target Price | 3.85 |
| PE Ratio | 15.42 |
CNOOC Energy Technology & Services Limited operates in the oil and gas industry in China. The company operates through three segments: Energy Technology Services; Low-Carbon Environmental Protection and Digitalization; and Energy Logistics Services. It offers energy technology services, including engineering technology; equipment design, manufacturing, operation, and maintenance; oil and gas field production integration; unconventional oil and gas integration; equipment and facilities operation and maintenance integration; FPSO production and operation; and technical and support services for the production operations of offshore and onshore oil and gas companies. The company also provides low-carbon environmental protection and digitalization services, which focuses on the development of technologies and services, such as safety emergency response, energy conservation and environmental protection, water treatment, green coatings, cold energy utilization, and digitalization. In addition, it offers energy logistics services, including support services for the production links, and mid-and downstream areas of the offshore oil industry; logistical support services for offshore oil and gas field exploitation through offshore material supply and catering services; assistance services for oil companies in offshore oil and gas transportation through coordination services; and the distribution of oil and gas by-products through sales services. The company is based in Beijing, China. CNOOC Energy Technology & Services Limited is a subsidiary of China National Offshore Oil Corporation.
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