|Bid||110.00 x 100|
|Ask||119.00 x 200|
|Day's Range||114.30 - 115.39|
|52 Week Range||108.05 - 138.36|
|PE Ratio (TTM)||1,147.60|
|Dividend & Yield||5.92 (5.32%)|
|1y Target Est||127.80|
The Danish shipping conglomerate AP Moller-Maersk is selling its oil division, mainly comprising assets in the North Sea, to French giant Total (LSE: 524773.L - news) for $4.95bn. Total will leapfrog BP to become the second largest offshore oil producer in the North Sea, after China National Offshore Oil Corporation (CNOOC (HKSE: 0883-OL.HK - news) ), following the deal. The takeover is the latest example of consolidation in the North Sea and comes as the industry continues to grapple with the prolonged weakness in crude prices that began three years ago.
HONG KONG , Aug. 8, 2017 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today the Hangingstone project in Canada has already commenced production. The ...
CNOOC Limited Announces Hangingstone Project Commences Production