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1 Comment
Offshore Oil Engineering Co., Ltd is currently in a long term downtrend where the price is trading 1.1% below its 200 day moving average.
From a valuation standpoint, the stock is 55.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.1.
Offshore Oil Engineering Co., Ltd's total revenue sank by 9.8% to $6B since the same quarter in the previous year.
Its net income has dropped by 57.2% to $284M since the same quarter in the previous year.
Finally, its free cash flow grew by 324.0% to $578M since the same quarter in the previous year.
Based on the above factors, Offshore Oil Engineering Co., Ltd gets an overall score of 2/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE0000019T2 |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Market Cap | 28B |
|---|---|
| Target Price | 5.95 |
| Dividend Yield | 30.% |
| PE Ratio | 14.16 |
| Beta | 0.75 |
Offshore Oil Engineering Co.,Ltd engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. It engages in the engineering, general contracting business; development of offshore and shallow water oil and gas; providing professional solution for deep water jacket engineering, fabrication, and installation; and underwater production systems and SURF, as well as designs and develops LNG terminals, LNG storage tanks, and natural gas liquefaction plants. The company is also involved in modular construction; designing and procurement to construction and project management; offshore wind power and hydrogen energy business; marine ranching; green energy equipment; providing package engineering solutions for Subsea Production Systems; production separators, test separators, slug flow catchers, production water treatment equipment, pressure vessel skids, natural gas compressor skids, and digital intelligent products. In addition, it offers inspection and commissioning; IMR and decommissioning; digital simulation; and digital twin solution, as well as operates 19 vessels fleets and yards. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co.,Ltd operates as a subsidiary of China National Offshore Oil Corporation.
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