Guangqi Wu - CNOOC Compliance Officer and Executive Director

Director

Mr. Wu Guangqi serves as NonExecutive Director of the Company. Mr. Wu is a geologist, professorlevel senior economist, Certified Senior Enterprise Risk Manager and Certifi ed Internal Auditor and graduated with a B.S. degree from the Ocean University of China, majoring in Marine Geology. He also holds a master degree in Management from China University of Petroleum and a doctor degree in Management from Huazhong University of Science and Technology. Mr. Wu joined CNOOC in 1982. From 1994 to 2001, he served as the Deputy General Manager of CNOOC Oil Technical Services Company, a subsidiary of CNOOC, the Director of the Administration Department of CNOOC and the Director of the Ideology Affairs Department of CNOOC successively. Mr. Wu was appointed as an Assistant President of CNOOC in 2003, and was the Vice President of CNOOC since 2004. Mr. Wu also serves as the Chairman of CNOOC Marine Environment and Ecology Protection Foundation, and served as the Vice Chairman of China Association of Risk Professionals, the Vice Chairman of China Association of Oceanic Engineering, the DirectorGeneral of National Energy Deepwater Oil Gas Engineering Technology Research Centre Council. Mr. Wu served as an Independent Nonexecutive Director of China Yangtze Power Limited, a company listed on the Shanghai Stock Exchange, from May 2003 to July 2010. Mr. Wu has served as the Compliance Offi cer of the Company since 1 June 2005 and he also serves as a Director of CNOOC International Limited and served as a Director of CNOOC China Limited, all being the subsidiaries of the Company. Mr. Wu was appointed as an Executive Director of the Company with effect from 1 June 2005. Mr. Wu was redesignated from an Executive Director to a Nonexecutive Director of the Company and has resigned as the Compliance Offi cer of the Company with effect from 15 June 2016. since 2016.
Age 59
Tenure 8 years
Phone852 2213 2500
Webhttp://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

DIRECTOR Age

Peter SharpeSeadrill Limited
58
Terry HuntPatterson UTI Energy
69
Synne SyrristAwilco Drilling PLC
43
Eugene DavisSeadrill Limited
62
Yves SpeeckaertTenaris SA ADR
59
Fred MiddletonChimerix
67
James DalyChimerix
56
Janeen JudahPatterson UTI Energy
58
Paul LeandSeadrill Limited
50
Vincenzo CrapanzanoTenaris SA ADR
62
Lisa RicciardiChimerix
57
Joseph SchepersChimerix
58
Tiffany ThomPatterson UTI Energy
43
Kathrine FredriksenSeadrill Limited
32
Michael GrantSeadrill Limited
62
Tiffany CepakPatterson UTI Energy
45
Donald DenkhausCatalyst Pharmaceuticals
72
Catherine GillissChimerix
66
Giovanni SardagnaTenaris SA ADR
N/A
Charles WoodburnSeadrill Limited
43
Carlos CondorelliTenaris SA ADR
68
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CNOOC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CNOOC's short interest history, or implied volatility extrapolated from CNOOC options trading.

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 Duke Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duke Energy 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 Duke Energy - 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 Duke Energy to buy it.
The correlation of Duke Energy 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 Duke Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duke Energy 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 Duke Energy 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets