CNOOC is a Hong Kong Oil & Gas 8.78% Dividend Play

23 Eki 2020

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

23 Eki 2020

Not

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.