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Cnooc (CEO) [hlAlert]

Rating:
Sell CEO
down 17.26 %

Cnooc (CEO) downgraded to Sell by UBS

Posted on: Wednesday,  Apr 8, 2009  8:25 AM ET by UBS

UBS rated Sell Cnooc (NYSE: CEO) on 04/08/2009, when the stock price was $101.81. Since then,
Cnooc has gained 20.87% as of 12/08/2015's recent price of $123.06.
If you would have followed this UBS's recommendation on CEO, you would have lost 17.26% of your investment in 2435 days.

Cnooc Limited is a company that engages primarily in the exploration, development and production of crude oil and natural gas offshore China. We are the dominant producer of crude oil and natural gas and the only company permitted to conduct exploration and production activities with international oil and gas companies offshore China.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2009 8:25 AM Sell
None
101.81
as of 12/31/2009
1 Week down  -52.96 %
1 Month down  -54.13 %
3 Months down  -76.34 %
1 YTD down  -134.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2009 8:25 AM Hold
None
107.00

(*) Stock Price at the time of the recommendation.
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