Fanrong Li - CNOOC Chairman

Chairman

Mr. Li Fanrong serves as President Chief Executive Officer and Executive Director of CNOOC Ltd. Mr. Li is a professorlevel senior engineer. He obtained a B.S. degree majoring in oil production from Jiang Han Petroleum Institute in China and received an MBA degree from the Business School of Cardiff University in United Kingdom. Mr. Li was working in the oil and gas industry in China over 30 years. He joined CNOOC in 1984 and worked as Petroleum Engineer later as Offshore Platform Supervisor Managing Director of CNOOCSTATOIL Joint Operating Group Chief Representative of Joint Management Committee in CACT Operators Group General Manager of Development and Production Department of the Company and President of CNOOC China Limited Shenzhen Branch. He served as an Assistant President of CNOOC from January 2009 to April 2010 and worked as President of CNOOC Energy Technology Services Limited from February 2009 to April 2010. He has served as Vice President of CNOOC since May 2010. He was appointed as President of the Company with effect from 16 September 2010 and was appointed as Chief Executive Offi cer of the Company with effect from 23 November 2011.He also serves as a Director of CNOOC China Limited and CNOOC International Limited and Chairman and Director of CNOOC Southeast Asia Limited all being subsidiaries of the Company. He was appointed as the chairman of the board of Nexen Energy ULC with effect from 26 February 2013. Mr. Li was appointed as a Nonexecutive Director of the Company with effect from 24 May 2010 and was redesignated from Nonexecutive Director to Executive Director with effect from 16 September 2010. since 2011.
Age 51
Tenure 13 years
Professional MarksMBA
Phone852 2213 2500
Webhttp://www.cnoocltd.com
Li was working in the oil and gas industry in China for 30 years. He joined CNOOC in 1984, and worked as Petroleum Engineer, later as Offshore Platform Supervisor, Managing Director of CNOOC/STATOIL Joint Operating Group, Chief Representative of Joint Management Committee in CACT Operators Group, General Manager of Development and Production Department of the Company and President of CNOOC China Limited Shenzhen Branch. He served as an Assistant President of CNOOC from January 2009 to April 2010 and worked as President of CNOOC Energy Technology & Services Limited from February 2009 to April 2010. He has served as Vice President of CNOOC since May 2010. He also serves as a Director of CNOOC China Limited and CNOOC International Limited, and Chairman and Director of CNOOC Southeast Asia Limited, all being subsidiaries of the Company. He was appointed as the chairman of the board of Nexen Energy ULC with effect from 26 February 2013.

CNOOC Management Efficiency

The company has return on total asset (ROA) of 4.72 % which means that it generated a profit of $4.72 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 9.43 %, meaning that it generated $9.43 on every $100 dollars invested by stockholders. 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 accumulated 20.41 B in total debt with debt to equity ratio (D/E) of 0.33, which is about average as compared to similar companies. CNOOC Limited has a current ratio of 1.96, which is within standard range for the sector. 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

Found 3 records

CHAIRMAN Age

Robert DeVincenziUniversal Technical Institute
61
Yves GuillemotUbisoft Entertainment
63
Peng OuSunlands Technology Group
46
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 OTC Exchange. It employs 18425 people. CNOOC Limited [CEOHF] is a Pink Sheet which is traded between brokers over the counter.

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.
Weilin Zhu, Executive Vice President Chief Geologist, General Manager - Exploration Department
Dongjin Wang, Non-Executive Director
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, Sr. VP and General Manager of CNOOC China Limited - Shanghai 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 Vice President
Sung Chiu, Independent Non-Executive Director
Lisong Song, Chief Safety Official and General Manager of QHSE Department
Yuhong Xie, Deputy Chief Geologist and General Manager of Exploration Department
Yong Li, Executive Vice President General Manager - Tianjin Branch
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, CFO
Hua Yang, Non-Executive Vice Chairman of the Board
Yunhua Deng, Deputy Chief Exploration Engineer
Keqiang Xu, 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 pink sheet 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 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.
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 rate.
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in CNOOC Pink Sheet

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Money Managers
Screen money managers from public funds and ETFs managed around the world
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Commodity Directory
Find actively traded commodities issued by global exchanges