Long
CNOOC is a Hong Kong Oil & Gas 8.78% Dividend Play
The moving average has been sloping down with the price, however I think we finally are seeing buyers re-enter this battered Hong Kong Energy play
Target Price is $130
Target Price is $130
Note
I forgot to add how good the cash flow is:P/FCF 2.89
And the Debt/Eq is 0.33 which is incredible in this sector.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.