Bi Chen - CNOOC Executive Vice President
President
Mr. Chen Bi is Executive Vice President of Cnooc Ltd. He is responsible for development, production and international affairs of the Company. Mr. Chen is a professorlevel senior engineer. He graduated from the Southwest Petroleum Institution and received a bachelor degree in oil production. He received a master degree of petroleum engineering from Edinburgh HeriotWatt University in 1989 and an MBA degree from Tsinghua University in 2001. Mr. Chen joined CNOOC in 1982 and has over 30 years of experience in the oil and natural gas industry. He served as the Deputy Manager of CNOOC Nanhai West Corporation Oil Production Company, Director of Production Section, Deputy General Manager of Development and Production Department of CNOOC, Deputy General Manager and General Manager of Development and Production Department of the Company, and General Manager of CNOOC China Limited Tianjin Branch since 2009.
| Age | 54 |
| Tenure | 15 years |
| Phone | 852 2213 2500 |
| Web | http://www.cnoocltd.com |
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.
Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Alex Monsen | Seadrill Limited | 53 | |
| David Caponera | Catalyst Pharmaceuticals | 58 | |
| Timothy Trost | Chimerix | 55 | |
| Matt Lyne | Seadrill Limited | N/A | |
| Bernardino Mosquera | Catalyst Pharmaceuticals | 46 | |
| John Vollmer | Patterson UTI Energy | 60 | |
| Andrew Smith | Patterson UTI Energy | 53 | |
| Dave Morrow | Seadrill Limited | 44 | |
| Kenneth Berns | Patterson UTI Energy | 58 | |
| Douglas Winship | Catalyst Pharmaceuticals | 65 | |
| Chris Edwards | Seadrill Limited | 52 | |
| David Sneddon | Seadrill Limited | 52 | |
| Philip Souyris | Seadrill Limited | 45 | |
| Alicia Grande | Catalyst Pharmaceuticals | 47 | |
| Luca Zanotti | Tenaris SA ADR | 56 | |
| Leif Nelson | Seadrill Limited | 47 | |
| Annette Meier | Superior Drilling Products | 61 | |
| Torsten SauerPetersen | Seadrill Limited | 51 | |
| Jose Firmo | Seadrill Limited | 44 | |
| Heather KnightTrent | Chimerix | N/A | |
| Henrik Hansen | Seadrill Limited | 53 | |
Management Performance
| Return On Equity | 9.43 | |||
| Return On Asset | 4.72 |
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.
| Return On Equity | 9.43 | |||
| Return On Asset | 4.72 | |||
| Profit Margin | 20.74 % | |||
| Current Valuation | 54.36 B | |||
| Shares Outstanding | 446.48 M | |||
| Shares Owned By Institutions | 2.12 % | |||
| Number Of Shares Shorted | 44.47 K | |||
| Price To Earning | 10.59 X | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 2.43 X |
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 JX Luxventure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JX Luxventure 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 JX Luxventure - 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 JX Luxventure to buy it.
The correlation of JX Luxventure 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 JX Luxventure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JX Luxventure 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 JX Luxventure 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.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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |