Press coverage about CNOOC Limited (NYSE:CEO) has trended somewhat positive on Friday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CNOOC Limited earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 46.4557155122822 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

CNOOC Limited (NYSE CEO) traded down $0.72 during trading hours on Friday, reaching $137.09. The company had a trading volume of 42,787 shares, compared to its average volume of 115,044. The company has a quick ratio of 1.71, a current ratio of 1.82 and a debt-to-equity ratio of 0.32. CNOOC Limited has a 1-year low of $108.05 and a 1-year high of $143.39.

A number of analysts have recently issued reports on the company. Zacks Investment Research raised CNOOC Limited from a “hold” rating to a “strong-buy” rating and set a $154.00 price objective for the company in a research report on Tuesday, October 31st. CLSA raised CNOOC Limited from a “sell” rating to an “outperform” rating in a research report on Friday, September 29th. BidaskClub raised CNOOC Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Bank of America Corporation raised 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 CNOOC Limited from a “neutral” rating to a “buy” rating and set a $131.00 price objective for the company in a research report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $142.50.

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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.

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