Risk factor
Strong & resilient to price shocks
Profitability factor
Very low or no dividends
About
Operating within China's petroleum and natural gas sector, CNOOC Energy Technology & Services Limited provides a comprehensive suite of solutions. The company structures its diverse operations into four key divisions: Energy Technology Services; Floating Production Storage and Offloading (FPSO) Production Technology Services; Energy Logistics Services; and Safety, Environmental Protection, and Energy Conservation. Its offerings span a wide range, specifically encompassing engineering, technical support, equipment maintenance, pipeline solutions, and data information services under its Energy Technology portfolio. Additionally, it delivers specialized FPSO production technology services. Its Energy Logistics division handles supply chain management, sales, and catering for the industry. Furthermore, the company addresses crucial areas such as oil spill emergency response, environmental protection technologies, industrial water treatment, protective coatings, catalyst solutions, harnessing LNG cold energy, and conducting energy conservation and environmental monitoring. Headquartered in Beijing, China, CNOOC Energy Technology & Services Limited functions as a subsidiary of the China National Offshore Oil Corporation.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI