Campbell & CO Investment Adviser LLC bought a new stake in CNOOC Ltd (NYSE:CEO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,864 shares of the oil and gas company’s stock, valued at approximately $210,000.
Several other large investors have also recently modified their holdings of the company. Cornerstone Advisors Inc. boosted its holdings in shares of CNOOC by 219.2% in the second quarter. Cornerstone Advisors Inc. now owns 533 shares of the oil and gas company’s stock valued at $60,000 after acquiring an additional 366 shares in the last quarter. Atlas Capital Advisors LLC boosted its holdings in CNOOC by 82.8% during the second quarter. Atlas Capital Advisors LLC now owns 2,004 shares of the oil and gas company’s stock worth $226,000 after buying an additional 908 shares in the last quarter. FDx Advisors Inc. purchased a new stake in CNOOC during the second quarter worth about $229,000. Csenge Advisory Group purchased a new stake in CNOOC during the second quarter worth about $222,000. Finally, Ritholtz Wealth Management purchased a new stake in CNOOC during the second quarter worth about $321,000. 3.01% of the stock is currently owned by institutional investors and hedge funds.
Shares of CEO stock opened at $105.65 on Friday. CNOOC Ltd has a one year low of $81.11 and a one year high of $181.13. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.19 and a current ratio of 2.26. The company has a 50 day moving average price of $113.64 and a 200 day moving average price of $123.89. The firm has a market capitalization of $47.17 billion, a price-to-earnings ratio of 5.37, a price-to-earnings-growth ratio of 2.05 and a beta of 1.16.
CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil, natural gas, and other petroleum products. It operates through Exploration and Production, and Trading Business segments. The company produces offshore crude oil and natural gas primarily in Bohai, Western South China Sea, Eastern South China Sea, and East China Sea in offshore China.
See Also: Net Income
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