Hua Yang - CNOOC Non-Executive Vice Chairman of the Board

Chairman

Mr. Yang Hua is the NonExecutive Chairman of the Board of the Company. Mr. Yang is a professorlevel senior economist and graduated from China University of Petroleum with a B.S. degree in petroleum engineering. He also received an MBA degree from the Sloan School of Management at MIT as a Sloan Fellow. Mr. Yang joined CNOOC in 1982 and has over 30 years of experience in petroleum exploration and production. From 1982 to 1992, Mr. Yang served in a number of positions in CNOOC Research Center including the Director of Field Development Department, the Manager of Reservoir Engineering Department and the Project Manager. Thereafter, Mr. Yang was mainly involved in international business, MA, corporate finance and capital market operations. From 1993 to 1999, he served as the Deputy Chief Geologist, the Deputy Director and the Acting Director for Overseas Development Department of CNOOC and the Vice President of CNOOC International Limited. From 1999 to 2011, Mr. Yang served in a number of positions in the Company including Senior Vice President, Chief Financial Officer, Executive Vice President, President and Chief Executive Officer. Mr. Yang also served as an Assistant President of CNOOC from November 2006 to April 2010 and as Vice President of CNOOC from April 2010 to August 2011 since 2017.
Age 56
Tenure 7 years
Phone852 2213 2500
Webhttp://www.cnoocltd.com
Yang served as Director and President of CNOOC from August 2011 to April 2015. He was appointed as Chairman of CNOOC in April 2015. From 15 June 2016 to 18 April 2017, he was appointed as the Chairman and a Director of Nexen Energy ULC, a subsidiary of the Company. He also served as Chairman, Director and President of CNOOC Southeast Asia Limited, Chairman, Director and General Manager of CNOOC China Limited and Chairman and Director of CNOOC International Limited, all being subsidiaries of the Company. He also served as Director of CNOOC Finance Corporationration Limited, a subsidiary of CNOOC.

CNOOC Management Efficiency

The company has Return on Asset of 4.72 % which means that on every $100 spent on assets, it made $4.72 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 9.43 %, implying that it generated $9.43 on every 100 dollars invested. CNOOC's management efficiency ratios could be used to measure how well CNOOC manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 20.41 B in debt with debt to equity (D/E) ratio of 0.33, which is OK given its current industry classification. CNOOC Limited has a current ratio of 1.96, which is typical for the industry and considered as normal. Debt can assist CNOOC until it has trouble settling it off, either with new capital or with free cash flow. So, CNOOC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CNOOC Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CNOOC to invest in growth at high rates of return. When we think about CNOOC's use of debt, we should always consider it together with cash and equity.

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CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil and natural gas in offshore China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation. Cnooc operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 18425 people. CNOOC Limited (CEO) is traded on New York Stock Exchange in USA and employs 18,425 people.

Management Performance

CNOOC Limited Leadership Team

Elected by the shareholders, the CNOOC's board of directors comprises two types of representatives: CNOOC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CNOOC. The board's role is to monitor CNOOC's management team and ensure that shareholders' interests are well served. CNOOC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CNOOC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dongfen Wen, Non-Executive Director
Weilin Zhu, Executive Vice President Chief Geologist, General Manager - Exploration Department
Dongjin Wang, Non-Executive Chairman of the Board
Hau Tse, Independent Non-Executive Director
Fanrong Li, CEO and President Executive Director, Chairman of CNOOC Southeast Asia Limited and Chairman of CNOOC Deepwater Devel. Limited
Zaisheng Liu, Vice President
Jiewen Li, General Manager (Director) of Investor Relations Department, Joint Company Secretary
Xinjian Cao, Executive Vice President General Manager - CNOOC China Limited Tianjin Branch
Guohua Zhang, Senior Vice President, General Manager of CNOOC China Limited Zhanjiang Branch
Sik Tsue, Joint Company Secretary
Jian Liu, Non-Executive Vice Chairman of the Board
Liguo Zhao, General Counsel
Xiaonan Wu, Chief Compliance Officer, General Counsel, Joint Company Secretary
Kevin Lynch, Independent Non-Executive Director
Wei Chen, Executive VP and General Director of CNOOC Research Institute
Sung Chiu, Independent Non-Executive Director
Lisong Song, Chief Safety Official and General Manager of QHSE Department
Yuhong Xie, Executive Vice President,Chief Safety Offi cial, Chief Geologist of CNOOC
Yong Li, Executive Vice President General Manager - Tianjin Branch
Qinglong Xia, Executive Vice President
Guangyu Yuan, Executive Vice President
Bo Lv, Non-Executive Director
Guangqi Wu, Compliance Officer and Executive Director
Hua Zhong, CFO and General Manager of Investor Relations Department
Bi Chen, Executive Vice President
Weizhi Xie, Chief Financial Officer
Yun Yang, Vice President
Hua Yang, Non-Executive Vice Chairman of the Board
Chenggang Duan, Vice President
Yunhua Deng, Deputy Chief Exploration Engineer
Keqiang Xu, President, Chief Executive Officer, Executive Director
Guangjie Hu, President Executive Director
JuenYee Lau, Independent Non-Executive Director
Zongjie Qiu, Vice President General Manager - Development and Production Department
Zhi Qiu, Non-Executive Independent Director

CNOOC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CNOOC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CNOOC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNOOC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNOOC will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the CNOOC Limited information on this page should be used as a complementary analysis to other CNOOC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in CNOOC Stock

If you are still planning to invest in CNOOC Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CNOOC's history and understand the potential risks before investing.
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